Senco Gold and 5 other IPOs set to hit the Street this week. Check details
The second half of the year is expected to see a number of companies launching their initial public offerings (IPOs). Senco Gold, PKH Ventures, Global Pet Industries, Tridhya Tech, and Synoptics Technologies have already opened for subscription. Senco Gold’s IPO will open on July 4, while PKH Ventures’ IPO began on June 30. In addition, […]
Nifty hit a record high in June! What’s in store for markets in 2H2023?
Despite concerns about a global recession and a local slowdown, the market has performed better than expected, thanks to a relief rally following a prior sell-off. The global economy has demonstrated resilience, and it is projected that the US economy will avoid a deep correction. However, the market may trade in a range with mixed […]
From SGX Nifty to GIFT Nifty: Here’s all you need to know
Come July 3, the familiar SGX Nifty will be rechristened as Gift Nifty and will be available for trading 22 hours a day on NSE IFSC.
A $7.5 billion derivative trade shifts to India as SGX feud ends
Derivative contracts worth $7.5 billion traded in Singapore will be transferred to India as a cross-border trading link between the two countries’ top bourses becomes fully operational. The move signifies India’s success in attracting trading activity back to its shores from global financial centers such as Dubai, Mauritius, and Singapore. The dispute between the National […]
JSW Energy among 5 stocks on which brokerages initiated coverage
FPIs investment hits 10-month high of Rs 47,148 cr in Jun
June was a strong month for foreign portfolio investors (FPIs) in India, with a total inflow of Rs 47,148 crore. This marked the fourth consecutive month of net buying in domestic stocks for FPIs. The sustained FPI flows can be attributed to improving macroeconomic conditions and a reversal in FPI strategy. In the first half […]
Bitcoin logs 2nd quarterly gain as smaller tokens lag by the most since 2020
Bitcoin has seen its dominance of the crypto market strengthen as smaller tokens struggle due to regulatory concerns. Bitcoin rose 7% in the second quarter, driven by optimism about the potential launch of spot Bitcoin exchange-traded funds (ETFs) by companies like BlackRock and Fidelity Investments. Meanwhile, smaller tokens have been weighed down by the US […]