The Sensex rose 111.66 points, or 0.15%, to end at 72,776.13, while the Nifty 50 settled 48.85 points, or 0.22%, higher at 22,104.05. The Nifty index opened flattish on May 13 and after the fall in the early session, it saw a decent recovery and recouped all its intraday losses. […]
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Gold prices experienced a decrease on Monday as investors awaited crucial U.S. inflation data, which could offer insights into the timing of the Federal Reserve’s initial rate adjustment. By 1204 GMT, spot gold had declined by 0.7% to $2,344.53 per ounce, following its recent peak on Friday, the highest since […]
Gill’s dormant account sparked interest when a post surfaced featuring a man leaning forward with what appeared to be a gaming controller, prompting speculation of his comeback to the trading scene. In 2021, Gill gained notoriety for rallying day traders on Reddit to squeeze GameStop short sellers. The response to […]
Wall Street: US stocks rose on Monday, following last week’s gains, with investors awaiting inflation data this week. The inflation data – Consumer Price Index (CPI) – is due on Wednesday. On the same day, the US retail sales data will also be released. Both, inflation and retail sales data have […]
According to the Red Herring Prospectus, the company provides logistics solutions to businesses, with a focus on surface transportation of items weighing between 1 and 250 MT. The firm is a products transport agency that provides point-to-point services, which means that items are loaded at the client’s location and transported […]
Stock market crash: In May, FPI selling in the cash market has been relentless. FPIs have been sellers on every trading day and have sold equity for ₹24,975 crores. This has contributed to the underperformance of the Indian market. DIIs have been buying, but HNI and retail investors appear to […]
Polycab India Ltd’s shares are up 11% in the past two trading sessions, having hit a new 52-week high of ₹6,468.90 on Monday. The reason is simple. Investors are upbeat about the strong March quarter (Q4FY24), which saw the company gain market share and grow its volumes. The wires and […]
The equity share allocation for the IPO is as follows: non-institutional investors (NII) can pick up to 17,88,000 equity shares, retail individual investors can buy up to 17,90,000 equity shares, and market makers can get up to 1,90,000 equity shares. The firm makes and provides sheet metal components, auto parts, […]
Meanwhile, it has soared over 743 percent in the last one year. This recent surge has led to the stock soaring over 849 percent from its 52-week low of ₹17.40, hit on July 21, 2023. This year so far, the scrip has given positive returns in 4 of the 5 […]
Piotex Industries IPO: The initial public offering (IPO) of Piotex Industries IPO has been seeing stellar demand from investors. Piotex Industries IPO opened for subscription on May 10 and will close on May 14. Piotex Industries is a contract manufacturing firm and trades in yarns, fabrics, and cotton bales for […]