Shares of Reliance Industries and Bharti Airtel hit their fresh all-time highs in intraday trade on Friday, 28 June, indicating investors’ positive reaction to the tariff hike reports. Industry experts anticipated tariff hikes following the Lok Sabha elections due to declining revenue and margins in the sector. Companies require capital […]
Cipla Ltd’s shares have declined 4% after saying last week that the US Food and Drug Administration found its plant in Goa did not meet norms and issued Form 483 to the company. While this does not affect the company’s existing US business, it may delay the launch of a […]
The retail (RII) portion accounts for 14.44 lakh equity shares, while the HNI portion is allocated 6.19 lakh equity shares, the net QIBs are allocated 8.25 lakh equity shares, and the anchor investors are allocated 12.38 lakh equity shares. The market maker is allocated 2.3 lakh equity shares, and the […]
Stanley Lifestyles shares had a strong debut on Dalal Street, opening at ₹499 on BSE and ₹494.95 on NSE, delivering a substantial 35 percent listing gain to the lucky allottees. However, the stock failed to sustain these levels, and profit booking was soon triggered. This profit booking was largely due […]
Gold rate today witnessed selling pressure as investors await the release of the US inflation data on Friday. Gold futures contract on the Multi Commodity Exchange (MCX) for August 2024 expiry opened downside at ₹71,422 per 10 gm and intraday low of ₹71,402. However, the MCX gold rate witnessed some […]
Medicamen Organics share price made a stellar stock market debut on Friday as the stock was listed at ₹137.85 apiece on NSE SME, a premium of 305.44% to the issue price of ₹34 per share. Medicamen Organics IPO listing was stronger than the market expectations. Medicamen Organics IPO GMP today […]
Bansal Wire Industries IPO price band: The Bansal Wire Industries Limited price band has been fixed in the range of ₹243 to ₹256 per equity share of the face value of ₹5. The Bansal Wire Industries IPO date of subscription is scheduled for Wednesday, July 3, and will close on […]
NMDC Share Price Today Live Updates : On the last day, NMDC’s stock opened at ₹250.2 and closed at ₹249.3. The high for the day was ₹253.25, while the low was ₹241.3. The market capitalization stood at ₹71,975.68 crore. The 52-week high for NMDC was ₹286.35, and the low was […]
Asian markets traded higher, while US stock market indices ended overnight with minor gains as Treasury yields dropped. On Thursday, the Indian stock market indices extended the rally with the Sensex crossing above 79,000 level and the Nifty 50 surpassing 24,000-mark for the first time. The Sensex jumped 568.93 points, […]
Equities in Asia followed gains in US stocks and Treasuries ahead of the Federal Reserve’s preferred inflation gauge due Friday. Shares in Japan’s benchmark Topix index were set for a 34-year high. South Korean stocks climbed, while futures for Hong Kong were slightly lower. The moves follow a downbeat day […]