A recent study by Bajaj Finserv Asset Management Limited emphasises the reliability of large-cap investments across various market conditions. The study reveals that largecaps have closed in the positive territory for 18 out of the last 21 years, showcasing their resilience and consistent performance. Additionally, the large-cap index has outperformed […]
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MUMBAI : Kotak Mahindra Bank Ltd’s reported profit jumped sharply during the first quarter of FY25 (Q1FY25), thanks to its insurance arm stake sale. Standalone net profit rose as much as 81% year-on-year to ₹6,250 crore, aided by an exceptional gain after the bank divested 70% stake in Kotak General […]
Shares of Azad Engineering, a manufacturer of aerospace components and turbines, have experienced a significant downturn after a robust rally since their listing. The stock has corrected by 22.45%, falling to ₹1,613 per share from a peak of ₹2,080 in just 22 sessions. Listed on Indian exchanges in December 2023 […]
Derivatives are meant to be hedging instruments, but investors worldwide use them as speculative tools and India is likely no exception, the Economic Survey said, at a time the stock market regulator is weighing measures to curb ballooning retail speculation in the segment. However, the survey added that raising investor […]
V L Infraprojects IPO is scheduled to begin subscriptions on Tuesday, July 23, and end on Thursday, July 25. The price band for the V L Infraprojects’ initial public offering is ₹39 to ₹42 per share, with a face value of ₹10. A minimum of 3,000 shares, as well as […]
Top Gainers and Losers Today : The Nifty closed at 24530.9, down by 0.09%. Throughout the day, the Nifty reached a high of 24595.2 and a low of 24362.3. The Sensex traded between 80800.92 and 80100.65 and closed 0.13% lower at 80604.65, which was 102.57 points below the opening price. […]
RNFI Services IPO: Subscriptions for the RNFI Services IPO commenced on Monday, July 22, and will conclude on Wednesday, July 24. RNFI Services’ initial public offering is priced between ₹98 and ₹105 per share, with a face value of ₹10. There are at least 1,200 shares up for bidding, as […]
According to media reports, the blast is said to have caused tremors equivalent to a 2.2 magnitude earthquake. It rendered the air and water toxic and houses uninhabitable, and left scores of people with cuts from flying glass shards. About 4,000 residents and workers were forced to evacuate. The plant, […]
India’s markets regulator, the Securities and Exchange Board of India (Sebi), is moving towards a significant overhaul in how it handles minor violations by market intermediaries, such as stock brokers and investment advisers. This proposed change is not only a major shift in domestic regulatory practices but also aligns with […]
Kataria Industries IPO allotment date today: Kataria Industries IPO share allotment will be finalised today (Monday, July 22). The investors who applied for the issue can check the Kataria Industries IPO allotment status on the registrar’s portal, which is Bigshare Services Pvt Ltd. Kataria Industries IPO subscription status on the […]