With a floor price of Rs 505 per share, the Center will sell up to a 2.5 percent stake in Hindustan Zinc on Wednesday through Thursday. The government may be able to disinvest Rs 5,900 crore from the transaction. Compared to the stock’s closing price of Rs 559.45 on the BSE on Tuesday, the floor…
In compliance with the Securities and Exchange Board of India (Sebi) ‘s most recent futures and options (F&O) regulations, the National Stock Exchange of India (NSE) has increased the lot sizes for its five index derivatives contracts: Nifty, Nifty Bank, Nifty Financial Services, Nifty Midcap Select, and Nifty Next50. Beginning on November 20, the Nifty…
Benchmark indices extended their downward trajectory on Thursday, closing at their lowest points in almost two months due to disappointing earnings and ongoing selling by foreign portfolio investors (FPIs), which dampened investor sentiment. After posting dismal profits for the September quarter, Bajaj Auto saw a 13% decline, making it the biggest loss on the Nifty….
Comparing the CNX 500 index to the 30 IPOs, just twelve of them, in terms of issue size, were able to provide investors with returns. From a different perspective, 60% of IPOs have not been able to outperform the CNX500 since their introduction. Thirty-one IPOs have had eight negative returns. Reliance Power destroyed the most…
The Securities and Exchange Board of India (SEBI) has granted National Securities Depository Ltd (NSDL) approval for its impending first public offering (IPO). NSDL is a major player in the Indian capital markets, handling most securities stored and settled in dematerialized form. The National Stock Exchange (NSE) will be one of the primary sellers in…
Before the announcement of important US job statistics, investors withdrew part of their money from the market, causing the benchmark indices to see their largest one-day loss in a month on Friday. The Nifty dropped 293 points, or 1.2%, to settle at 24,852.15, while the Sensex was down 1,017 points, or 1.2%, to 81,183.93. With…
In the benchmark Nifty 50, Trent and Bharat Electronics will take the places of Divis Laboratories and LTIMindtree. The Nifty 50 Equal Weight index will likewise be affected by the replacement in Nifty 50. As part of the semi-annual assessment of broad market indices, the Index Maintenance Sub-Committee (Equity) of NSE Indices has agreed to…
If Trent and Bharat Electronics (BEL) are included in the September review’s Nifty 50 index, they might draw inflows of approximately $900 million. The modifications will become effective on September 30 and will be made public on August 23. These two stocks will replace Divi’s Laboratories and LTIMindtree. The firm estimates that Trent might experience…
Following the Reserve Bank of India’s (RBI) policy announcement, shares in rate-sensitive industries including banking, finance, auto, and real estate are seeing a stable day. The financial industry is where the most notable effects are observed. At 50,243.45, the Nifty Bank index was up. It gained 611 points in a single day. Over the past…
Nifty closed just short of the coveted 23,000 milestone as buying across all sectors, with the exception of metal and pharmaceuticals, negated the hawkish Fed minutes. The bulls were back in action on Dalal Street. Benchmark indices reached new all-time highs. Both the Sensex and the Nifty had closed with gains of 1,196.98 points and…
