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February 14, 2023 New Delhi, India Investors are eagerly awaiting the third-quarter earnings reports of several major companies as the stock market sees a rebound in indices. After a volatile trading session on February 13, the BSE Sensex surged by 483 points, reaching 71,555, while the Nifty 50 gained 127 points, closing at 21,743. Recovery…
February 14, 2023 New Delhi, India USDINR The last traded price of USDINR was 83.1225 up by 0.13%. USDINR trading range for the day is between 82.99-83.11. The Rupee ends little changed as an uptick in the dollar index offsets early gains. India’s annual retail inflation eases to 5.1% in January 2024, with investors pricing…
February 13, 2023 New Delhi, India Indian Stock Market Sees Minor Gains Amidst Volatility Market Overview: The Indian stock market witnessed minor gains on February 13, 2024, amidst volatile trading conditions. Both the BSE Sensex and Nifty 50 closed marginally higher, with banking stocks leading the gains while metal stocks faced a decline. Sensex closed…
February 13, 2023 New Delhi, India Rashi Peripherals IPO Allotment Status Announced Investors eagerly awaiting the outcome of the Rashi Peripherals IPO can now check their application status online, as the allotment status has been officially declared. The IPO, which garnered significant attention in the market, has seen its shares trading at a premium of…
February 12, 2023 New Delhi, India Crude Oil Faces Decline Following Israel’s Ceasefire Reports Amidst ongoing geopolitical tensions, the crude oil market experienced a setback as reports emerged of Israel “concluding” its attack on Gaza. This development, coupled with other market factors, has led to a slip in crude oil prices after witnessing a notable…
February 9, 2023 New Delhi, India RBI Holds Repo Rate, INR Trades Steady The Indian Rupee (INR) maintains a flat trajectory against the US Dollar (USD) as the Reserve Bank of India (RBI) keeps the repo rate unchanged at 6.5%. Despite renewed USD demand and higher US bond yields, the INR sees mild positive movements…
February 9, 2023 New Delhi, India Entero Healthcare Solutions IPO Opens Today Grey Market Premium Reflects Positive Sentiment The much-anticipated initial public offering (IPO) of Entero Healthcare Solutions Limited has opened today, aiming to raise ₹1600 crore through the issuance of fresh shares. Here’s a breakdown of the key details and early market sentiment: Grey…
February 8, 2023 New Delhi, India Indian Markets React to RBI Decision In a recent turn of events, the Indian stock market witnessed a significant downturn following the Reserve Bank of India’s (RBI) decision to maintain its key interest rate for the sixth consecutive meeting. The decision, announced by RBI Governor Shaktikanta Das during a…
February 8, 2023 New Delhi, India Fintech Partnership Propels Yes Bank’s Share Price to 52-Week High Clarification of Partnership Details Yes Bank witnessed a significant surge in its share price, hitting a 52-week high, driven by clarifications regarding its partnership with a fintech startup, LeRemitt. The bank assured investors that the collaboration is still in…
February 7, 2023 New Delhi, India Jana Small Finance Bank IPO The much-anticipated initial public offering (IPO) of Jana Small Finance Bank has opened for subscription, generating significant buzz in the market. With the IPO price band set and the grey market premium indicating strong demand, investors are eager to determine whether they should subscribe….
