Dividend paying stock: Shares of John Cockerill India Ltd will be in focus when the stock market opens on May 6 (Monday). The Board of Directors of the company has declared a final dividend of ₹7.00 per equity share for its eligible shareholders. The record date by the company to […]
oOn Wall Street in the week ahead, there’s not much on economic front for market participants to watch for except the senior loan officer opinion survey from the US Federal Reserve and the preliminary consumer sentiment data for May. Investors will also watch some major earnings reports from Tyson Foods, […]
Belstar Microfinance Ltd, the microfinance subsidiary of Muthoot Finance, submitted draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (Sebi) to raise ₹1,300 crore through an initial public offering (IPO). According to the draft red herring prospectus (DRHP), the initial public offering (IPO) of the Chennai-based […]
Berkshire Hathaway’s annual meeting is one of the most insightful events in the financial world, and while addressing his shareholders on Sunday, CEO Warren Buffett spoke about the ‘unexplored opportunities’ in India and said the next management will decide on investments in the Asian country. Warren Buffett addresses the meeting […]
More than 1/3rd of the results has been announced for the listed India corporate. Taking cognition of the top 100 heavyweight stocks of India, about 37 stocks have announced the results, as on 2nd of May, offering a considerable understanding of the upcoming full cycle. These 37 stocks were expected […]
Indian stock market: The Nifty index is showing signs of near-term bearishness as it forms a double top pattern on the daily chart, coupled with a bearish engulfing candle. This suggests a sell-on-rise approach in the market. Confirmation of the double top pattern would require follow-up selling in the upcoming […]
Housing finance company Aadhar Housing Finance initial public offerings (IPO) will open for subscription on May 8 and will close on May 10. The mainboard segment IPO has set at ₹300 to ₹315 per share. Ahead of the issue, Aadhar Housing Finance IPO is commanding a premium of ₹51 per […]
TBO Tek, which was earlier known as Tek Travels Private Limited, is all set to launch its initial public offerings (IPO) next week. The IPO of travel distribution platform will open for subscription on May 8 and will remain till May 10. Ahead of opening of the issue, the shares […]
On Friday, the 30-share BSE Sensex closed at 73,878.15 level, down 732.96 points, or 0.98%. The NSE Nifty 50 ended at 22,475.85, down 172.35 points, or 0.76%. Analysts said that sentiment, fundamentals, and overbought technical situations were in conflict. Excessive optimism, overbought technical conditions, and the revelation that FIIs were […]
India’s foreign exchange reserves declined for the third week, after having risen for the seventh straight week to hit an all-time high of USD 648.562 billion. As per the latest data released by the Reserve Bank of India (RBI), the country’s foreign exchange kitty declined by USD 2.412 billion to […]