MUMBAI: In keeping with a strong trend in global stocks, stock markets opened trading on a bullish note on Wednesday, building on their gains from the previous day.The BSE Sensex (30-share) increased 344.1 points to 58,418.78. The NSE Nifty, a wider index, increased 99.75 points to 17,207.25.Tata Motors, IndusInd Bank, UltraTech Cement, Larsen & Toubro,…
In response to a Right to Information (RTI) request, the Reserve Bank of India (RBI) stated that it had no records of what happened at the critical monetary policy committee meeting on November 3 that addressed its failure to attain the inflation target. The central public information officer (CPIO) of RBI stated in a response…
Shunichi Suzuki, the finance minister of Japan, stated on Wednesday that it is “essential for FX to move steadily reflecting fundamentals.” Further references“Need to be on guard given how quickly credit worries are spreading worldwide.” “No comment on specific BoJ policy measures, but expect BoJ to cooperate closely with government and direct appropriate policy moves…
Avance Technologies is a small-cap business with a market cap of $10.31 billion that operates in the information technology industry. One of the top mobile marketing businesses is Avance Technologies Ltd. As the Board announced a 1:2 stock split and set a record date for it, this penny stock reached the 4% upper circuit limit…
Have you ever wondered what the stock market’s sequential returns look like? To put it another way, if the stock market rose in the prior month, will it also rise this month? Or will it fail? Similarly, if the market has declined during the past month, will the trend remain negative or will it reverse?…
SVB collapse: With the start of the Silicon Valley Bank (SVB) crisis, the equities market experienced a sharp sell-off. Yet, the SVB problem is evolving into a US banking crisis as a few additional institutions, including Signature Bank, First Republic Bank, and others, have had financial difficulties. In fact, Credit Suisse, the second-largest Swiss bank…
Rajesh Gopinathan, the outgoing MD & CEO of Tata Consultancy Services (TCS), said, “If you have to leave, it’s always better to leave when everything is good, rather than when everyone is rooting to get you out,” in response to a TOI inquiry about whether his accelerated exit was the result of any disagreement with…
Sprayking Agro Equipment is a small-cap firm that operates in the capital goods sector with a market value of 64.79 Cr. The business is a rising star when it comes to producing custom brass parts like fittings, forging tools, transformer parts, and other brass parts. “The Board of Directors of the Company has, among other…
AHAN – I sold shares of Biocon in the open market on Friday, which resulted in a 9.04 percent decline in the company’s stock price. According to the NSE bulk sales data, AHAN-I sold 189,28,363 equity shares of the firm at an average price of 200.74. The transaction’s buyers are not immediately identified. The Indian…
The initial public offering (IPO) of Maiden Forgings, a producer of steel bars and wires, will begin next week on Wednesday, March 22, 2023, and end on Friday, March 24, 2023. On April 5, 2023, the company’s shares are anticipated to list on the BSE SME platform. The exchanges’ SME platform is designed for small…
