Nifty ended with gains for the second day in a row on Wednesday, even as IT stocks dealt a heavy blow to the markets, while most other sectors continued their momentum from Tuesday, helped by the India-US trade deal. The RSI stands at 54.61 and is in an uptrend, but remains below the strong bullish […]
The long-awaited RS 15,000-crore IPO from LG Electronics India will be opened on 7 October for subscription, according to the Red Herring Prospectus (RHP). The issue, which will be fully an offer for sale of 10.18 crore shares of the Korean parent, will be closed on 9 October. The price band for the IPO will […]
The Indian stock market experiences renewed volatility, powered by sectoral Churn and the changing investor sentiment. Nevertheless, experts remain carefully optimistic about the growth potential in important sectors, in particular those linked to consumption and infrastructure. Mayuresh Joshi now emphasized in an interview with ET that the twin engines of growth – consumption and capital […]