May 14, 2023 New Delhi, India Market Recap: Sensex and Nifty End Higher On May 14, 2024, the BSE Sensex gained 328.48 points, closing at 73,104.61, a rise of 0.45%. The NSE Nifty50 also climbed, closing at 22,217.85, up by 113.80 points, or 0.51%. This positive movement was largely driven by strong performances in the…
May 2, 2023 New Delhi, India Nifty Ends Near 22,650, Sensex Posts Gains in Volatile Trading Indian benchmark indices witnessed a volatile session on May 2, with the Nifty closing around 22,650 and the Sensex gaining 128 points. Mid and smallcap stocks led the gains, while certain sectors experienced mixed performances. Market Recap: Sensex and…
August 30, 2024 New Delhi, India ECOS Mobility IPO The initial public offering (IPO) of ECOS (India) Mobility & Hospitality Limited, which launched on 28th August 2024, is set to close for bidding today, 30th August 2024. The public issue, valued at ₹601.20 crore, has a price band set between ₹318 to ₹334 per equity…
June 19, 2024 New Delhi, India IPO Watch Petro Carbon and Chemicals Limited is set to launch its initial public offering (IPO) on June 25, with a price band of ₹162 to ₹171 per equity share. The IPO will remain open for subscriptions until June 27. IPO Details Price Band: ₹162-171 per share (face value…
June 19, 2024 New Delhi, India IPO Watch The Akme Fintrade (India) Ltd initial public offering (IPO) opens today, June 19, for subscription. The non-banking finance company (NBFC) has set the price band for the IPO at ₹114-120 per share. The subscription period ends on Friday, June 21. IPO Details Price Band: ₹114-120 per share…
June 7, 2024 New Delhi, India Daily Currency Market Analysis USDINR The Indian Rupee traded in the range of 83.26 to 83.62, closing stronger due to dollar sales from foreign banks and potential intervention by the Reserve Bank of India (RBI). Despite the strengthening rupee, the HSBC India Services PMI was revised lower to 60.4…
May 8, 2023 New Delhi, India Indian Stock Market Closes Flat Amid Election Uncertainty Sensex and Nifty Show Minimal Movement In a day marked by cautious sentiment and election uncertainty, the Indian stock market closed with marginal changes. The Sensex slipped marginally, while the Nifty remained nearly unchanged. Morning Dip Followed by Modest Recovery The…
March 27, 2023 New Delhi, India Indian Stock Market Closes Higher The Indian stock market closed on a positive note today, with both the Nifty and the Sensex recording gains. The bullish trend was primarily led by heavyweight stocks like Reliance Industries and HDFC Bank. Both the index Nifty and Sensex Closed at 22,123.65 up…
February 19, 2023 New Delhi, India Sensex and Nifty Surge: The Indian stock market witnessed a surge today as the Sensex soared by 450 points, hitting a new high, and the Nifty approached the 22,200 mark. Despite initial lackluster trading, gains in financials and energy stocks boosted the indices to record levels. Both the index…
January 23, 2023 New Delhi, India Stock Market Closes The Indian stock market faced a tumultuous day as the Sensex plunged by a staggering 1,700 points, causing widespread concern among investors. Simultaneously, Zee Entertainment shares experienced a sharp decline of 30%, reflecting challenges in the media industry. Financial Heavyweights Lead the Downfall: HDFC Bank, a…
