Oil prices remained steady on Tuesday as traders awaited signs of increased summer demand that could support prices, despite concerns about ample supply potentially limiting gains. Benchmark Brent crude futures were unchanged at $84.23 per barrel at 1231 GMT, following an increase in the previous session. Meanwhile, U.S. West Texas […]
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The category net purchased shares worth ₹21,178.94 crore on 4 June when the Nifty tanked 8.5% to 21884.50 points from the previous session after the BJP failed to secure a majority on its own – winning 240 seats against an anticipated 330 – in the Lok Sabha polls. The purchase […]
Mumbai: The Reserve Bank of India and the markets regulator are monitoring the high volume of trading in the futures and options segment, RBI governor Shaktikanta Das said, but ruled out any signs of overheating in the financial market. The Securities and Exchange Board of India is is fully seized […]
Shares of Som Distilleries and Breweries plummeted by 16 per cent during early trade on June 18, following the National Commission for Protection Of Child Rights (NCPCR) revelation that it discovered 50 children working at the company’s plant in Madhya Pradesh. However, the company has denied direct involvement in employing […]
Minda Corporation’s share price has been on a strong uptrend over the last year. It hit its 52-week low of ₹277.45 on July 4 last year. Considering today’s high, the stock has gained over 74 per cent in about a year. On the valuation front, the stock’s current price-to-earnings ratio […]
This marks the index’s third consecutive day of hitting record high, with six new highs achieved in June alone and more potential in the nine remaining trading days of the month. In May, the index set new records four times. Throughout CY24, the index has set record highs 32 times. […]
India’s real estate market, buoyed by strong demand in FY24, is now bracing for potential dampeners. Rapid inventory depletion, particularly in the premium and luxury segments, helped these firms close FY24 with strong pre-sales or bookings, bolstering their confidence to implement price hikes. The average price of a housing unit […]
Stock Market Today: Vedanta Ltd share price has risen 76% year-to-date. The rising base metal prices as that of Aluminium Zinc and others have led to improved revenue visibility for the Vedanta Ltd. The Aluminium on the London metal Exchange that were close to $2150 a tone in mid January […]
Devina Mehra, the founder, chairperson, and managing director of First Global, believes several micro and smallcap stocks are at unreasonable valuations and cautions investors against them, especially those with a market cap below ₹5,000 crore. Mehra highlighted the risks associated with investing in microcap and smallcap stocks in an exclusive […]
One97 Communications share price, which is the parent company of fintech platform Paytm, witnessed a 3 per cent downfall during Tuesday’s trading session. This decline occurred amid ongoing discussions with food delivery giant Zomato regarding the potential sale of its movie ticketing business. During intraday trading on the NSE, Paytm […]