Ahead of Market: 10 Things That Will Determine Stock Market Action on Friday

The Indian market ended higher on Thursday, with the Sensex and Nifty paring early losses after a volatile session, as investors weighed continued trading optimism against increasing caution ahead of the Union Budget this weekend.At the close, sentiment recovered with the Sensex adding 222 points, or 0.27%, to 82,566.37, and the Nifty gaining 76 points, […]

Hindustan Zinc OFS sees strong demand, with non-retail portion subscribed 1.42 times on day 1

Hindustan Zinc’s Offer for Sale (OFS) saw strong interest from institutional investors on the first day of the offering with 142.02% subscribed to the non-retail portion, reflecting healthy demand at the price levels offered.The OFS, launched by promoter Vedanta, opened for non-retail investors on Wednesday. The issue is being offered at a floor price of […]

Hindustan Zinc becomes India’s most valued metals company amid silver price rally; m-cap crosses Rs 3 lakh crore

A dramatic tripling in silver prices over the past year has propelled Hindustan Zinc Ltd to the top of India’s metals pack in terms of market capitalization. The rally has boosted the company’s valuation to around Rs 3.2 lakh crore, helping it overtake several major competitors, including its parent company, Anil Agarwal-led Vedanta.Shares of Hindustan […]