Benchmark equities rose on Tuesday as stock markets continued the winning march for the third straight day on the back of gains. In today’s trade shares of PFC, Mankind Pharma, Patanjali Foods, Bharti Airtel, Siemens, Cipla among others will be in focus due to various news developments and quarterly results. PFC, Mankind Pharma, RVNL, Dixon,…
READ MOREMumbai: Sixteen domestic mutual funds, which held shares of ICICI Securities, voted in favour of parent ICICI Bank’s proposal to delist the broking arm, according to data compiled by primeinfobase.com. Seven fund houses opposed the plan in the voting process held on March 27, the data showed. The terms of the proposal were controversial with…
READ MOREDomestic markets continued on their recovery path, aided by a moderation in Indiaβs CPI inflation and favourable signals from its Asian peers. “Volatility and range-bound trading are likely to persist in the near term, given the ongoing uncertainty surrounding the low turnout,” said Vinod Nair, Head of Research, Geojit Financial Services. Here’s breaking down the…
READ MOREMumbai: The race to buy the bankrupt defence-focused software company Rolta India has boiled down to a match-up between Pune-based real estate developer Ashdan Properties and Mumbai-based Yash Shares. The National Company Law Tribunal (NCLT) last week dismissed an objection raised by Ashdan to allow Yash’s competing bid. “Both bidders have now submitted revised bids…
READ MOREThe Nasdaq scored a record closing high on Tuesday and the S&P 500 and the Dow also advanced as Federal Reserve Chair Jerome Powell reassured investors while they digested Tuesday’s data and waited for Wednesday’s crucial consumer inflation report. U.S. producer prices increased more than expected in April as the cost of services and goods…
READ MOREFalse ceilings, which come in a variety of materials and designs, are quite popular in modern homes. However, they have some downsides. For instance, they reduce the ceiling height and require regular maintenance. A false ceiling can fall if not properly installed or maintained. Thus, many homeowners consider alternatives to false ceilings, which can beautify…
READ MORENIFTY Prediction For the second consecutive day, the Nifty maintained its upward momentum, closing 114 points higher. A bullish candle has formed, and on the intraday charts, it is exhibiting a higher bottom formation, indicating a generally positive trend. We believe that the index has finished one phase of its pullback rally, with the 22,300-22,500…
READ MOREThe shares of Refractory Shapes debuted on the NSE SME platform with a premium of 142% on Tuesday. The stock was listed at Rs 75 as against an issue price of Rs 31. Ahead of the debut, the company’s shares traded with a premium of Rs 15 in the unlisted market. The IPO, which was…
READ MOREThe shares of Winsol Engineers debuted on the NSE SME platform with a premium of 387% on Tuesday. The stock was listed at Rs 365 as against an issue price of Rs 75. Ahead of the debut, the company’s shares traded with a premium of Rs 200 in the unlisted market. The IPO, which was…
READ MOREThe biggest US tech stocks are not only a bet on innovation but also a possible hedge against inflation, according to some respondents in the latest Bloomberg Markets Live Pulse survey. Gold, the haven of choice for decades, is still seen as the best safeguard against the risk of rising prices, according to 46% of…
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