New Coronovirus variant wreaked havoc on the global stock markets on Friday including India. Meanwhile, BSE Sensex ended at 57,107, lower by 1687 points of 2.9 per cent from the Thursday closing levels. When it appeared that the December series could see an optimistic beginning, the new coronavirus variant came as a shocker. It is […]
On the back of renewed covid fears, the Indian markets witnessed a massive fall in a year as Sensex plunged over 1700 points while Nifty tested at the 17000-mark. The BSE Sensex tumbled 1688 points or 2.87 per cent to 57,107, while Nifty50 skid over 510 points or 2.91 per cent to 17026 level at […]
Led by the pharma and IT stocks, the Indian markets ended Thursday’s session in the green with the Sensex over 450 points, and the Nifty above the 17500-level. While the broader markets, following the benchmarks suite as the mid-cap gained by 0.68 per cent and the small-cap by almost 1 per cent at the market […]
“The short-term formation is still on the weaker side, but due to the extremely oversold situation, the market registered a technical bounce back. On the flip side, below 17400, there is a strong possibility of one more leg of correction till 17330-17280,” Chouhan added. The Nifty50 closed 0.5 percent higher at 17,503. The NiftyBank closed […]
Bears took control of stock markets as benchmark indices, Nifty50 and Sensex, slipped over 2 per cent each, while Bank Nifty slumped over 800 points. Sensex tanked 1170.12 points or 1.96% to settle at 58,465.89, while Nifty closed at 17,441.05, down 323.75 points or 1.82%. …Read the full story
The Nifty50 closed 0.75 percent lower at 17,764. The NiftyBank closed 0.17 per cent lower at 37,976. On Option front, Maximum Call OI is at 18000 then 18500 strike while Maximum Put OI is at 17500 then 17400 strike. Six stocks: BHEL, Escorts, Idea, Sun TV SAIL, and National Aluminium have been placed under the […]
Stock markets ended in the red on Thursday and fell on 3 consecutive occasions during this truncated trading week. While the Q2FY22 earnings season is now behind us, the stock markets are not devoid of triggers. The stock markets ended in the red on Thursday and fell on three consecutive occasions during this truncated trading […]
With allotment being finalised on Monday, November 15, 2021, One97 Communications-backed Paytm shares is expected to list on November 18, 2021. The biggest-ever initial public offer in a decade was launched between 8-10 November 2021 with an issue price of Rs 18,600 crore and a price band set between Rs 2080-2150 per share. As India […]
The spokespersons for the media interactions will be Mr. KA Joseph, Managing Director, and Mr. Sanjay Thapar, Executive Director, and Chief Executive Officer,” said the company. The initial public offer of SJS Enterprises has received lackluster response as the issue was subscribed 1.59 times on the last day. SJS Enterprises is a leading player in the Indian decorative aesthetics industry, offering a wide range of aesthetics […]
“Given that most of the quarterly results and festive mood is behind us, indices are expected to move sideways. Rahul Sharma, Co-Founder, Equity99 said, “This week will be a shorter week with the market remaining close on Friday on account of Gurunanak Jayanti. …Read the full story
Benchmark indices Nifty50 and S&P BSE Sensex both gained 1.28% each to close above 18,000-mark and 60,500 as bulls took control of the D-Street on the last trading day of the week. However, auto and metal stocks remained under pressure throughout the day amid SIAM October auto data, heavy sell-off and volatility in the global […]
In late September 2021, Paras Defence and Space Technologies Limited IPO had emerged as the most subscribed IPO after it piped Salasar Techno. The analytics services provider public offering saw issue being subscribed 326.47 times. The offer received bids for 217.26 crore shares against the 71.41 lakh shares on offer, making it the most subscribed domestic IPO back then. Latent View […]
On the sectoral front, Nifty Bank, FMCG, Auto, IT, Pharma, and Realty indices were down 1-2 percent each, while the Nifty Metal ended in the green. Technically, the index has been trading with lower highs and lower lows, which suggest weakness for upcoming sessions on the intraday chart, said Palak Kothari, Research Associate, Choice Broking. […]
Ending the week on a positive note, the Indian markets on Friday snapped a three-day losing streak to end around 1.3 per cent, with both the Sensex and the Nifty50 reclaimed their key levels of 60000 and 18000, respectively. Even the broader markets gained, along with benchmarks as mid-cap surged 0.45 per cent and small-cap […]
