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To find out if they have received any shares at all and how many, investors might utilise the basis of allotment. On the IPO allocation status, the quantity of shares allocated will also be displayed. The refund procedure will start for those who applied but were not given shares. Credit […]
The trends on Gift Nifty also indicate a flat-to-positive start for the Indian benchmark index. The Gift Nifty was trading around 23,020 level, a premium of nearly 20 points from the Nifty futures’ previous close. On Monday, the domestic equity benchmark indices ended flat after hitting their fresh record highs. […]
Buy or sell stocks for today: Despite strong global cues, the Indian stock market remains range-bound and ended flat on Monday. The Nifty 50 index finished 24 points lower at 22,932 after touching a new peak of 23,110 mark. The BSE Sensex ended 19 points lower at the 75,390 mark […]
Oil prices saw a slight increase in subdued trading due to public holidays in Britain and the United States. This followed a week marked by concerns over U.S. interest rates amidst persistent inflation. The Brent crude July contract rose by 76 cents to $82.88 per barrel by 1411 GMT, while […]
Indian stock market: Both Nifty 50 and Sensex remained steady after reaching new peaks earlier in the trading day on Monday, May 27. However, they later retreated from these highs due to profit-taking at elevated levels, influenced by a mix of global signals. Despite initially climbing to record levels with […]
The Indian stock market would experience a significant adverse reaction if the Bharatiya Janata Party (BJP) secures less than 250 seats in the Lok Sabha elections, ace investor and author Ruchir Sharma told India Today in its Pop-up Conclave in Mumbai. Sharma, the Chairman of Rockefeller International, commented while answering […]
Nifty 50 has gained 24 per cent over the last year, and its current PE (price-to-earnings ratio) stands at 21.9. This is below its one-year average PE of 22.3. However, Nifty’s 12-month forward PE of 20.76. Nifty’s current PB (price-to-book ratio) is at 4, slightly above its one-year average PB […]
Hindustan Petroleum Corporation Ltd (HPCL) has set Friday, June 21, as the record date to determine shareholders eligible for the issuance of bonus shares in a 1:2 ratio, the Maharatna oil major announced on May 27. “The Board of the Company has recommended issue of bonus shares in the ratio […]
In the last 3 years as well, the stock has given exceptional returns, rallying 11007 percent from ₹16.5 in May 2021. Meanwhile, in the last 1 year, it has soared 468 percent and it surged 87.5 percent in 2024 YTD. This year so far, the scrip has given positive returns […]