Foreign investors moved to safe-haven dollar assets, causing the benchmark indices to drop 1.5% on Friday, their biggest weekly loss since June 2022 and their fifth straight day of decline in line with global counterparts. The NSE Nifty was down 364.20 points, or 1.52%, to 23,587.50, while the Sensex fell 1,176.46 points, or 1.49%, to…
The enthusiasm for businesses going public is still strong, with an IPO pipeline worth over Rs 1.5 lakh crore scheduled for the next year, despite the Indian market experiencing severe volatility after an 18-month dream run. 34 firms have already obtained the necessary Securities and Exchange Board of India (SEBI) approval for initial public offerings…
Monday decreased for the second consecutive day as the main indices were impacted by fast-moving consumer goods (FMCG) companies and other geopolitical worries. After trading in a range, the Sensex ended the day down 200.66 points, or 0.25%, at 81,508.46. Likewise, the NSE’s Nifty 50 declined 58.80 points, or 0.24%, to close at 24,619 after…
The bulls recovered well in the week ending November 22. Indian benchmarks halted a two-week losing skid and closed the week with a gain of about 2 percent, despite ongoing FII selling and worries about new geopolitical tensions. The BSE Sensex increased 1,536.8 points, or 1.98 percent, to settle at 1,536.8 this week, while the…
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…
