Shares of Mrs. Bectors Food Specialties made a strong debut on the exchanges on Thursday with the biscuit and bread maker’s shares trading at Rs 501, a 74 percent premium against its issue price of Rs 288 per share on the market. BSE on Thursday. A minute after the debut, …
Read More »Profits for Tata Steel, JSW Steel and other Indian mills may surge as China bans Australian coal
China and Australia are the world’s largest coking coal trading partners. The earnings of Indian steelmakers such as JSW Steel, Tata Steel, etc., are likely to increase in the coming months as the feedstock, coking coal, will continue to be cheaper. Coking coal prices are expected to fall as China …
Read More »Actions to follow: Mrs Bectors, Airtel, Vedanta, HDFC, Orient Bell, Dish TV
SGX Nifty Futures hinted at a possible gap-up start for Indian stock indices on Thursday. Here are the main actions to track in today’s session: Mrs. Bectors: Mrs Bectors Food shares will debut today on the stock exchanges. The initial public offering with 198 times the offering is the most …
Read More »The mutual fund industry in a bind over Sebi’s new rules for executing trades
The ruling by the Securities and Exchange Board of India (Sebi) prescribing standards for the execution of trades could open a Pandora’s box for the mutual fund industry. The regulations, which were notified in late October and establish a code of conduct, have raised privacy concerns and may lead to …
Read More »LIVE MARKET: Sensex falls 700 pts from the high of the day; Bajaj Finance falls 3%
Photo: Kamlesh Pednekar LIVE market updates: India’s benchmarks quickly erased their opening gains and fell into the red, down more than half a percent, in early morning trading Tuesday as investors were unable to shake off concerns amid. of the new strain of Covid-19. The S&P BSE Sensex was hovering …
Read More »Antony Waste IPO: A Good Long-Term Bet for Risk Takers, Analysts Say
Betting on a jet of liquidity and a greater appetite for risk, Antony Waste Handling is making a second attempt to go public. The company’s three-day initial public offering (IPO) will open today at a price band of Rs 313-315 per share. At the higher end of the price band, …
Read More »Sensex sinks 1,407 points: how market experts interpreted the development
Sentiment soured on Monday with the S&P BSE Sensex plummeting 1,800 points in intraday trading on weak global signals. Fears of a new strain of coronavirus that has threatened the UK. The S&P BSE Sensex ended the day at 1,407 points, or 3 percent, lower at 45,553 levels. Nifty50, on …
Read More »LIVE MARKET: Indices at the low of the day, Sensex falls 300 pts; India VIX up 6%
Stockbrokers (Photo credit: Kamlesh Pednekar) LIVE market updates: India’s benchmark indices failed to sustain a slight recovery and fell more than half a percent in the midday session on Monday, with financials, auto and metals stocks the main downsides. The S&P BSE Sensex fell 350 points to 46,612 and the …
Read More »LIVE MARKET: Sensex earns 100 points in pre-open, Nifty tests 13,800
looks set for a flat-to-negative start today, with the SGX Nifty trading at 13,676 levels, six points down, at 7:30 am, despite positive global signals. The derivative’s weekly expiration could keep major indices volatile, although investors are likely to go for a specific set of stocks amid the lack of …
Read More »LIVE MARKET: Record Indices; Sensex rises 200 points, Nifty exceeds 13,600
Indian markets climbed to new record highs on Wednesday, following strong gains in Asian indices. The S&P BSE Sensex rose 240 points, or 0.5 percent, to 46,500 levels. The index reached an intraday high of 46,592. Meanwhile, the wider Nifty50 topped the 13,650 mark. Mahindra & Mahindra was up 3 …
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