The 30-share BSE Sensex achieved the historic 80,000 mark for the first time on Wednesday, July 3, fuelled by its fastest-ever 10,000-point bullish rally in record 58 sessions. The benchmark index hit the historic 80,000 level in six months, including a special live trading session on May 18, after hitting […]
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Gold prices surged over 1% to reach a nearly two-week peak, buoyed by growing expectations of a Federal Reserve interest rate cut in September following indications from recent U.S. data showing a softening labor market, on Wednesday. Spot gold rose 1.4% to $2,362.32 per ounce by 10:09 a.m. ET (1409 […]
Indian stock market: The market benchmarks—the Sensex and the Nifty 50—recorded substantial gains, reaching new all-time highs during the session and closing at fresh peaks, on July 3. The Sensex surpassed the significant 80,000 mark for the first time, peaking at 80,074.3 during the session. Meanwhile, the Nifty 50 also […]
Emcure Pharmaceuticals initial public offerings (IPO), which opened for subscription on Wednesday, was fully subscribed by the later half of the first day of bidding, driven by strong demand from non-institutional investors. The issue has been subscribed 1.22 times in the retail category and 1.92 times in the NII portion, […]
Investing in the stock market has long been recognised as a pathway to potential wealth creation. One of the fundamental principles of investing in the stock market is the importance of time. The ability to identify and hold onto promising stocks over an extended period of time can yield significant […]
The latest circular by the capital market regulator Securities and Exchange Board of India (SEBI) on charges levied by market infrastructure institutions (MIIs) may significantly impact the revenue of brokerage firms and overall trading volume as well, according to experts. SEBI, in its circular on Monday, July 1, communicated that […]
Top Gainers and Losers Today : The Nifty index closed at 24123.85, recording a gain of 0.67% for the day. During the trading session, the Nifty reached a high of 24309.15 and a low of 24207.1. The Sensex, on the other hand, traded between 80074.3 and 79754.95, closing 0.69% higher […]
Bansal Wire IPO: Stainless steel wire manufacturing company Bansal Wire Industries launched its initial public offering (IPO) on Wednesday to raise ₹745 crore from primary market. Bansal Wire IPO has received strong demand from investors as the issue got fully subscribed on the first day itself. Bansal Wire IPO opened […]
Nephro Care India IPO allotment date today: Nephro Care India IPO share allotment will be finalised today (Wednesday, July 3). The investors who applied for the issue can check the Nephro Care India IPO allotment status on the registrar’s portal, which is Bigshare Services Pvt Ltd. Nephro Care India IPO […]
Ravi Jaipuria, chairman of RJ Group, began his career as a vendor for Coca-Cola before switching allegiance to Pepsi in the 1990s. His group’s flagship company, Varun Beverages, now stands as the largest bottler of PepsiCo’s beverages globally, outside the US. The company produces and distributes a wide range of […]