Times News Network
BSE Sensex and NSE Nifty 50 were trading more than 1.5 per cent higher on Tuesday, on the back of positive global cues. So far in the day, the 30-share index S&P BSE Sensex hit a day’s high of 52,402, while NSE Nifty 50 touched 15,603.95. No stock on S&P BSE Sensex hit a fresh … Read More “BPCL, Future Consumer, JK Cement among 143 BSE stocks to hit 52-week lows; 27 scrips at new highs” »
Domestic stock markets opened with gains on Thursday morning, mirroring global cues but failed to hold the up-move and witnessed volatility. S&P BSE Sensex, after opening 500 points higher, was down 200 points around noon. NSE Nifty 50 breached 15,800 earlier in the day but was now below 15700. While indices traded volatile 50 stocks … Read More “Tech Mahindra, Tata Steel, Wipro among 79 BSE stocks to hit fresh 52-week lows, 50 scrips at fresh highs” »
Keystone Realtors, Rustomjee Group’s company, has filed a draft red herring prospectus with capital market regulator SEBI to raise Rs 850 crore through an initial public offering (IPO). The issue consists of fresh issue of equity shares aggregating up to Rs 700 crore and an offer-for-sale (OFS) worth Rs 150 crore by promoters. The OFS … Read More “Rustomjee group firm Keystone Realtors files IPO papers with SEBI; plans to raise Rs 850-cr via public issue” »
India’s stock market traders are likely to have been caught on the wrong foot. At a time when major equity indices in the US are going down like ninepins, most Indian traders, including retail and high net-worth individuals (HNIs), are currently holding highest net long positions in the futures contracts of the Nifty index, in … Read More “Equity traders skate on thin ice with huge long Nifty positions” »
Equity indices extended their winning streak to a third consecutive session on Monday, tracking fixed signals from global markets. Both Sensex and Nifty rose nearly 2% on Monday, driven by acquisitions in heavyweight Reliance Industries and IT stocks. Analysts said the recovery in Indian markets was due to its underperformance since April 2022. Since April … Read More “Benchmarks rise while RIL, IT stocks shine” »
Ace investor Rakesh Jhunjhunwala’s portfolio stock Titan has fallen 16% so far this year, while the NSE Nifty 50 has fallen by 9.5%. However, the company’s share price in Tata Group is expected to rise 39% going forward due to strong earnings, jewelry business, eye care business and growth in the watches and wearables segment, … Read More “Rakesh Jhunjhunwala stock Titan fell 16% so far in 2022; Motilal Oswal says purchases, shares could rise 39%” »
By Rajesh Palviya Fine extended bearish moods for most of the week pulled it down to close in negative territory. The NSE Nifty 50 index closed at 15782 with a loss of 629 points on a weekly basis. On the weekly chart, the index has formed a long bearish candle, forming lower High-Low compared to … Read More “Good support at 15500, Bank Nifty negative in the short-medium term; use Long Straddle in R&D outlet week” »
Piramal Enterprises Ltd on Wednesday said the administrative committee of its board of directors has approved raising of up to Rs 700 crore through the issue of non-convertible debentures (NCDs) on a private placement basis. The committee in its meeting held on Wednesday approved the issuance of the NCDs on private placement basis, Piramal Enterprises … Read More “Piramal Enterprises gets Board nod to raise up to Rs 700 crore through issue of bonds” »
By Dharmesh Shah NSE Nifty 50 index started the week with a negative gap (17172-17009) and traded volatile guided by global cues. However supportive efforts emerged from the lower band of consolidation (16800) on a couple of occasions which helped index to recoup intra-week losses. As a result, weekly price action formed an inside bar … Read More “Nifty to aim for 17500 if it holds 16800 support; Bank Nifty may head to 37300 soon; SBI, TCS stocks top bets” »
Bajaj Auto on Wednesday reported a 10% year-on-year growth in net profit for the three months to March at `1,469 crore even as revenues from operations declined 7% yoy to` 7,975 crore. The better-than-expected numbers were the result of a better product mix and good realizations. The Bajaj Auto stock closed at `3,898.60 apiece on … Read More “Bajaj Auto Q4 profit rises 10% at ‘1,469 crore” »
