Silver prices topped $80 an ounce on Monday, but then dropped below $75 an ounce as the US-based CME group’s new regulations were set to come into force later in…
Category: Market
WhiteOak Capital invests ₹50 crore in pre-IPO issue of Tempsens Instruments
WhiteOak Capital India Opportunities Fund has made a pre- investment of ₹50 crore in Tempsens Instruments (India), a thermal engineering and specialised cable manufacturer. It was allocated 20,16,651 equity shares…
Knack Packaging, Varmora Granito among 4 cos get SEBI nod to launch IPOs
Market regulator on Monday cleared the draft papers of Knack Packaging, Shivalaya Construction, Varmora Granito and Behari Lal Engineering to launch an initial public offering. However, Infifresh Foods withdrew its…
Markets slip below key 26,000 mark amid year-end profit booking, metal stocks buck trend
closed lower on Monday, with the Nifty 50 slipping below the psychologically significant 26,000 level as profit booking at higher levels and year-end caution overshadowed early gains in thin holiday…
Rupee falls 8 paise to close at 89.98 against US dollar
The rupee depreciated eight paise to close at 89.98 (provisional) against the US dollar on Monday, weighed down by foreign fund outflows and a negative trend in domestic equities. Forex…
A-1 Ltd fixes December 31 as record date for 3:1 bonus issue
, a listed chemical trading and EV company, has fixed December 31 as the record date for its 3:1 bonus issue (three bonus equity shares for every one equity share…
Broker’s call: IRCTC (Buy)
Target: ₹825 CMP: ₹698.90 Indian Railway Catering and Tourism Corporation (IRCTC) maintains a positive revenue outlook, supported by resilient demand in ticketing, catering, tourism, and Rail Neer. Digital initiatives, new…
Indian rupee slips to record low, but central bank likely curbs losses
* Rupee Asia’s worst-performing major currency, down over 5% YTD * US-India trade negotiations key overhang for local currency, stocks * Foreign investors have sold $18 billion of Indian stocks…
Shakti Pumps share price soars over 14% after bagging ₹444 crore solar pump order
, a leading Indian manufacturer of solar pumps and motors, saw its shares rally 14.25% in Thursday’s trade, December 11, to reach a day’s high of ₹629 apiece, following an…
Penny stock turns multibagger! ₹1 lakh becomes ₹1.20 crore in 6 years
Multibagger penny stock: Investing in the Indian stock market has become difficult amid several structural headwinds like the rupee price fall, FII selling and the elusive India-US trade deal. In…