Australian shares rose on Tuesday, lifted by BHP after the world’s largest listed miner rose to a record with stronger first-half results, setting the tone as earnings season begins for the resources sector. The S&P/ASX 200 extended gains to close 0.2% higher at 8,958.90 points, building on Monday’s 0.2% gain. With US markets closed […]
The initial public offering (IPO) of Bharat Coking Coal Limited (BCCL) will open for bids on Friday, January 8 and close on January 13. The Rs 1,300 crore issue will be entirely an offer for sale (OFS) with promoter Coal India (CIL) selling up to 46.57 crore shares.Bidding for anchor investors opens on Thursday, January […]
The Nifty appears to be stabilizing around key support levels as markets enter the new year, with technical indicators pointing to a possible breakout in the medium term, said Rohit Srivastava, founder of Strike Money Analytics and Indiacharts.Speaking to ET Now, Srivastava said the index has touched multiple bottoms near the 25,800 zone, indicating strong […]
The Nifty50 index rose to a new all-time high of 26,310.45 during Thursday’s trading session, supported by strong buying interest among heavyweights in financial, IT, infrastructure and consumption-related stocks.The broad-based optimism in the market was reflected in the positive performance of 24 of the 50 index constituents, with several frontline stocks delivering solid percentage gains. […]