Tiger Global-Backed Construction Material Supply Firm Infra. Market has applied for an initial public offer (IPO) between RS 4,500 Crore and RS 5,500 Crore with market giver Sebi using the confidential pre-filling route, said market sources Wednesday. The proposed IPO would be a combination of a new issue of shares and an offer for sale […]
Mumbai: October can bring some lighting for equity investors, with seasonal trends that indicate a higher chance of winning in the month. In the past 10 years, the Benchmark Nifty and the wider Nifty 500 in seven of the last 10 times higher have been closed during the month. Yet analysts said that the market […]
Mumbai: Domestic stock indices extended losses for a fourth consecutive session on Wednesday, because uncertainty about the US economic actions against India kept investors to the Edge. NSE Nifty fell 112 points, or 0.45%, to close to 25,056, while the BSE SENSEX 386 points or 0.5%fell to 81,715. Both benchmarks have lost 1.4% and 1.6% […]
Indian shares can finally turn an angle after months of downward revisions, according to Motilal Oswal Financial Services, which says that the worst profit reductions are probably left behind. The brokerage noted that “a better profit cycle, decent ratings and a base of underperformance formed the stage for potential up-move in market and valuation extension […]
Blue Jet Healthcare announced on Tuesday that his promoter Akshay Bansarilal Arora will sell his shares through an offer for sale (OFS) that will be opened on Wednesday. Arora will sell a maximum of 59.25.925 shares that represent 3.42% of the total share capital of the company. Moreover, he can exercise an oversub -subsional option […]
Industries that benefit from the reduction of the recent GST tax (Services Tax (Services), are aimed at Dalal Street. In the midst of an uncertain market front views, various shares in these sectors are expected to perform better. Here is a compilation of leading brokers of the best share choices in the coming six months, […]
Despite a whole series of government measures aimed at stimulating demand and the growth and growth, including the rate reductions of RBI, tax reductions and the much-discussed GST relocation-hebben markets did not respond with the kind of enthusiasm that many expected. Gautam Duggad, head of research at Motilal Oswal Financial Services, explained the reasons behind […]
Indian shares can annually rise up to 15% to 15%, but the market is not the place for investors with a 5-6 months of display, said Motilal Oswal Financial Services’ Chairman Raamman Agrawal. Speaking of the Economic Times on the sidelines of the investor conference of his company, the experienced investor advised caution in the […]
Et Intelligence Group: The stock of Granules India has shown a marginal recovery of 5% since 11 August, despite lower absolute profit and margins reported by the pharmaceutical company in the quarter of June. This has also reduced its loss of one month on the Bourses to around 7%. Investor optimism depends on the strong […]
Gold prices fell RS 400 to RS 1.00.020 per 10 grams in the national capital on Wednesday as a result of continuously selling by sellers, according to the All India Sarafa Association. The precious metal of 99.9 percent purity was located at RS 1.00,420 per 10 grams in the previous market. On the local market, […]