Vishnu Prakash share allotment likely on Thursday. Here’s how to check status
The company’s shares are expected to be listed on the exchanges on September 5. According to market sources, Vishnu Prakash R Punglia is commanding a premium of Rs 54 in the unlisted market.
Average resolution time under IBC touches three-year high in June quarter: Report
The timeline for completion of resolution under the Insolvency and Bankruptcy Code (IBC), which was established in 2016, is 270 days, and can be extended subject to certain conditions. A total of 45 per cent of the cases under the IBC have ended in liquidation, India Ratings said on the basis of an analysis of […]
Breakout Stocks: How BSE, Mahindra Lifespace and SPARC are looking on charts for Thursday’s trade
The S&P BSE Sensex and Nifty50 closed flat but with a positive bias. Sectorally, buying was seen in telecom, realty, metal, and IT stocks while selling in banks, utilities, oil & gas, and power
These 4 capital goods stocks record their fresh 52-week highs
In the Wednesday trading session, the benchmark index Sensex settled with a marginal 11-point gain, concluding at a level of 65,087. Amid this unstable trading period, four stocks from the BSE capital goods index reached new peaks within the past 52 weeks. The 52-week high metric functions as a crucial technical measure to assess a […]
How India’s most valuable firm Reliance earns the big bucks
Here’s a look at the revenue mix of the oil-to-retail conglomerate Reliance Industries (RIL), according to the June quarter report card. (Source: Prabhudas Lilladher | @PLIndiaOnline)
Government likely to extend export benefits under RoDTEP scheme for pharma, steel, chemical sectors
“As exports are not doing good for the last few months, there is a demand to extend it for about six months till March 2024. It is under consideration. We may extend it,” the official said. These three sectors were late entrants into the scheme that aims to refund duties, taxes and levies at the […]
Nomura, Goldman Sachs buy Zomato shares as SoftBank sells 1.17% in Rs 947 crore deal
According to exchange data, SoftBank Vision Fund has offloaded 10 crore shares or 1.17% stake in the company as the lock-in for the post-Blinkit deal ended this week. As of June-end, SVF Growth (Singapore) Pte Ltd held 3.35% in the company
Tech View: Nifty poised to end August expiry below 19,500. What traders should do
Amidst this downturn, the addition of substantial open interest in the 19500CE options signifies that the index is poised to expire below the 19,500 mark on Thursday’s expiry.
Warren Buffett turns 93! What did 2023 bring in for The Oracle of Omaha?
Think big and think long-term is Buffett’s rule of investment. He is a strong believer that good businesses earn higher returns and increase in value over time, which is why buying and holding stocks for a longer period of time is critical for better returns.
BSE to shift Bankex expiry day from Friday to Monday
In case the expiry day is falling on a trading holiday, then the previous trading day will be treated as the expiry day.