Capital markets regulatory Securities and Exchange Board of India (SEBI) has proposed making the process of direct payout of such securities to the client’s account mandatory, in order to enhance the operational efficiency and reduce the risk to clients’ securities. Nithin Kamath, co-founder and chief executive officer (CEO) of online […]
BSE Midcap and Smallcap indices have fallen 3 per cent and 4 per cent for the week, respectively, while investors have turned poorer by nearly ₹10 lakh crore in a week as the cumulative market capitalisation of BSE-listed firms has dropped to nearly ₹396.6 lakh crore. Nearly 350 stocks in […]
Hire a wealth manager, and one of their first tasks will be to work out your attitude to risk. If you are not sure exactly what this means, the questions are unlikely to help. They range from the inane (“How do you think a friend who knows you well would […]
The scrip has also given multibagger returns this year so far as well as in the last one year. The stock has skyrocketed around 270 percent in 2024 YTD from ₹91.95 in December 2023 to touch its record high of ₹340.10. It hit its 5 percent upper circuit for the […]
The equity share allocation for the IPO is as follows: up to 17,88,000 equity shares are available to non-institutional investors (NII), up to 17,90,000 equity shares are offered to retail individual investors, and up to 1,90,000 equity shares are available to market makers. The company manufactures and supplies sheet metal […]
The Nifty Metal index finished today’s trade with a gain of 1.54%, reaching 8,977 points. Looking at the individual stocks, Hindustan Zinc jumped over 18.65% to hit a new high of ₹541 apiece, and Hindustan Copper and Vedanta also gained over 4% in today’s intraday trade. Other stocks such as […]
In terms of performance, the Nifty Midcap 50 outperformed the Nifty 50, closing 1.12% higher. Similarly, small cap stocks outperformed the Nifty 50, with the Nifty Small Cap 100 ending at 15995.7, up by 111.05 points and 0.69% higher. Looking at the returns of the Nifty 50 over different time […]
Multibagger JSW Energy Share price saw sharp rise of almost 8% during the intraday trades on Thursday . JSW Energy Share price however ended the day with gains of 7.03% on the NSE and is up 116% in a year and almost 750% in 5 years. The rising capacities. increasing […]
Stock market today: Key equity indices, the Sensex and the Nifty 50, closed in the green on Friday, May 10, on buying in shares of select heavyweights, including ITC, Reliance Industries, Bharti Airtel, NTPC, Hindustan Unilever and Power Grid, amid positive global cues. However, Friday’s gains in the market were […]
The equity share allocation is as follows: Market Maker is allotted up to 37,200 equity shares; Non-Institutional Investors (NII) is allotted up to 1,06,800 equity shares; Retail Individual Investors (RII) is allotted up to 2,48,400 equity shares; and QIB Anchor Portion is allotted up to 1,74,000 equity shares. The company […]