Indian shares are set to open lower on Tuesday on caution ahead of inflation data from major economies and the Reserve Bank of India’s monetary policy decision later this week, while foreign inflows into domestic equities also showed signs of moderation. India’s GIFT Nifty on the NSE International Exchange was down 0.18% at 19,646.50, as… Continue reading Indian shares set to open lower as investors eye RBI decision, US inflation
Category: Stock Market
Gold prices recover on cooling US labour market. Should you buy?
Likewise, silver rate today opened lower at 72,280 per kg levels and went on to hit intraday low of ₹72,212 levels. In international market, silver price today is around $23.55 per ounce levels. On why gold rate today is sideways, Sugandha Sachdeva, Executive Director & Chief Strategist at Acme Investment Advisors said, ‘Dovish comments from… Continue reading Gold prices recover on cooling US labour market. Should you buy?
IRFC, Ircon hit 52-week high: Here’s why five railway stocks trade in green
Share of Indian Railway Finance Corporation Ltd (IRFC) and Ircon International Ltd gained over 6%, and touched 52-week high, while shares of Rites Ltd, Railtel Corporation of India Ltd, and Jupiter Wagons Ltd gained over 0.4% to 5%. Under the Amrit Bharat Station Scheme, which was conceptualised earlier this year with a goal to renovate more than 1,300 stations, the redevelopment is being carried out.… Continue reading IRFC, Ircon hit 52-week high: Here’s why five railway stocks trade in green
Concord Biotech IPO: What GMP, subscription signal as offer ends on Tuesday
Concord Biotech IPO: The initial public offering (IPO) of Concord Biotech Limited opened for subscription on 4th august 2023 and the public issue will remain open till 8th August 2023, i.e. on Tuesday next week. After day one of bidding, Concord Biotech IPO subscription status signals tepid response by investors as the issue failed to get fully subscribed… Continue reading Concord Biotech IPO: What GMP, subscription signal as offer ends on Tuesday
Sensex plunges 700 points as weak economic data spooks investors; Nifty below 19,550
Tracking negative cues from global peers, Indian equity indices traded in the red on Wednesday after weak economic data from the US, eurozone and China triggered caution and weighed on risk sentiment. The BSE Sensex was trading 693 points or 1.04% lower at 65,765. Nifty50 was trading at 19,527, down 206 points or 1.05% at around 11.08… Continue reading Sensex plunges 700 points as weak economic data spooks investors; Nifty below 19,550
Ashish Kacholia’s small-cap stock reports highest ever profit; company announces big capex plan!
Imagine a planet that’s even hotter than Mercury – that’s right, it’s Venus! Similarly, Venus Pipes & Tubes has emerged as the hottest contender in the solar system of stainless-steel pipes and tubes. Recently, this stellar company reported its quarterly numbers, and boy, are they impressive! Brace yourself for some jaw-dropping figures: the revenue from operations skyrocketed… Continue reading Ashish Kacholia’s small-cap stock reports highest ever profit; company announces big capex plan!
Apple shares fall: Nasdaq major is no more a 3 trillion dollar company
Apple Inc shares fell nearly 5% which pushed the tech giant’s market value below the $3 trillion threshold. Apple’s Friday decline was its worst so far in 2023 even after delivering better-than-expected quarterly results. Because it’s the biggest stock on Wall Street by market value, Apple’s movements pack an extra punch on the S&P 500… Continue reading Apple shares fall: Nasdaq major is no more a 3 trillion dollar company
US stock market: Wall Street closes near flat as Treasury yields surge
U.S. stocks closed little changed on Thursday after a choppy trading session, as investors weighed another rise in Treasury yields with the latest batch of economic data and earnings. The benchmark U.S. 10-year Treasury yield rose as high as 4.198% during the session, the highest since November, extending its climb from a day earlier following… Continue reading US stock market: Wall Street closes near flat as Treasury yields surge
These 3 stocks placed under F&O ban on NSE for August 4; check details
A total of three stocks have been put under the ban for trade on Friday, August 4, 2023, under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as it crossed 95 per cent of the market-wide position limit (MWPL), according… Continue reading These 3 stocks placed under F&O ban on NSE for August 4; check details
2023 turns blockbuster year for Indian IPO mart! Can this euphoria last?
The Indian IPO market has gained momentum in 2023 so far tracking a rally in equity markets with stellar debuts on chart. Most of the issues have given double-digit returns, and have peaked up to a whopping 106% since the date of listing. While the market may seem euphoric, experts warn investors not to get swayed by… Continue reading 2023 turns blockbuster year for Indian IPO mart! Can this euphoria last?