MARKETS
[ad_1] New Delhi: The initial public offer of Prudent Corporate Advisory Services was subscribed 1.22 times on the last day of offer on Thursday. The Rs 538.61-crore IPO got bids for 73,30,928 shares against 60,18,689 shares on offer, as per NSE data. Retail Individual Investors (RIIs) portion got subscribed 1.29 times, while Qualified Institutional Buyers … Read more
[ad_1] GAIL India Ltd has fallen over 7 per cent compared to a near 8 per cent rise seen in Nifty50 in the same period, but chart patterns suggest that the stock could face further selling pressure in May series. The stock touched a 52-week high of Rs 173.45 on 19 April but failed to … Read more
[ad_1] Shares of . traded 0.69 per cent up at Rs 3605.25 at around 11:16AM (IST) on Friday. The stock had closed at Rs 3580.6 in the previous session. Equity benchmark Sensex traded 563.57 points higher at 53493.88 around the same time. The scrip has climbed 12.79 per cent in the last one year till … Read more
[ad_1] rose a little over 2 per cent compared to about 7 per cent gain seen in the Nifty50 in the same period, but technical parameters suggest that the stock could see a bounce back towards Rs 1,000 levels in next 3-5 weeks, suggest experts. The pharma company with a market capitalisation of more than … Read more
[ad_1] has buy call on Chemplast Sanmar with a target price of Rs 800. The current market price of is Rs 523.95. Time period given by analyst is one year when . price can reach defined target. Sanmar Ltd., incorporated in the year 1985, is a Small Cap company (having a market cap of Rs … Read more
[ad_1] “We have gone for huge hedges across various commodities like iron ore, coke, copper, aluminium etc and thereby are trying to mitigate the price increases. This is a work in play but it is a fact that there will be a small effect on margins and we may have to live with it,” says … Read more
[ad_1] NEW DELHI: With the global travel market rebounding sharply, and pandemic accelerating digital transformation in the travel industry, domestic brokerage believes one of the largest Software as a Service (SaaS) players in India — RateGain Technologies is poised to benefit from this. The brokerage in its coverage initiation report late last month said in … Read more
[ad_1] NEW DELHI: , Oracle, , and and others were among the stocks that touched their 52-week lows in today’s trade. Domestic benchmark index NSE Nifty ended 25.85 points down at 15782.15, while the BSE Sensex closed 136.69 points down at 52793.62. On the other hand, , , Penta Gold, and Lexus Granito(India)stocks hit their … Read more
[ad_1] Tokyo stocks ended lower on Thursday, tracking Wall Street falls on concerns over US monetary tightening. The benchmark Nikkei 225 index fell 1.77 percent, or 464.92 points, to end at 25,748.72, while the broader Topix index gave up 1.19 percent, or 21.97 points, to 1,829.18. The dollar fetched 129.64 yen, against 130.00 yen in … Read more
[ad_1] Mumbai: Capital markets regulator Sebi is planning to come out with a framework to encourage more exchange-traded funds in debt securities to increase retail investors’ interest in the market, a senior official said on Thursday. The regulator wants to replicate the story as seen in the equity segment, where the ETFs and index funds … Read more