On Wall Street, the S&P 500 and the Nasdaq were sharply higher after chip stocks rallied following bullish forecast from AMD. At 9:54 a.m. ET, the Dow Jones Industrial Average was down 33.60 points, or 0.08 per cent, at 40,709.73, the S&P 500 was up 65.74 points, or 1.21 per […]
The Indian market concluded July on a robust note, extending their winning streak to a second consecutive month. This positive momentum has been driven by significant sector rotation, which has played a pivotal role in sustaining the indices at elevated levels. Despite some volatility experienced after the budget—prompted by the […]
The share price of Sarvotech Power Systems rallied over 3.79 per cent on Wednesday’s trading session. The stock closed at ₹124 on July 31, against previous close at ₹119.47. The stock jumped after the company posted a 9 per cent increase in consolidated profit after tax to ₹4.48 crore for […]
On its second bid day, investors are responding favourably to Akums Drugs and Pharmaceuticals’ initial public offering, which comes as the Nity 50 is about to reach 25,000 levels in a bull market. Akums Drugs and Pharmaceuticals IPO subscription status is 4.43 times, according to BSE data. The price band […]
Shares of Tata Group’s Trent surged over 5 percent on Wednesday, reaching a new high and extending rally. The stock has gained more than 13 percent in 8 sessions. The rally is driven by market speculation that Trent will be included in the Nifty 50 index during the upcoming September […]
Axis Securities has initiated coverage on India’s food delivery giant Zomato with a buy call. The target price is pegged at ₹280, implying a 22 per cent upside potential from the stock’s July 31 closing of ₹229.50 on the BSE. Zomato share price closed 1.01 per cent higher on the […]
Ceigall India IPO opens for subscription on tomorrow (Thursday, August 1). Established in 2002, Ceigall India Ltd is a construction business that specialises in specialised structural projects, such as flyovers, bridges, elevated roadways, tunnels, highways, expressways, and runways. The company was founded in the railway industry. The business finished more […]
Shares of IndiaMART InterMESH plunged more than 8 percent in intra-day trading on Wednesday after the company reported a significant drop in subscriber additions for the quarter ending June 2024 (Q1FY25). The company added only 1,500 subscribers in Q1FY25, far below analysts’ expectations, compared to 2,683 subscribers in the March […]
Akums Drugs IPO subscription status: The initial public offer of Akums Drugs and Pharmaceuticals continues to see strong responses from investors on its second bid day amid the Nity 50 poised to hit 25,000 levels in a bull market. At 14:03 IST, Akums Drugs and Pharmaceuticals IPO subscription status is […]
Mint explains why Sebi is concerned with the rising trade volumes, the measures it plans to take, and the impact of these steps. What are derivatives? Derivatives are financial contracts that derive their value from an underlying asset. Derivatives are of two types – futures and options contracts. They help […]