The benchmark indices bounced like most Asian markets today. Investors welcomed a 30 -day ban on business charges against Canada and Mexico. The Sensex closed at 78,584 with a gain of 1.8 per cent i.e. 1,397 points, while the Nifty ranked at 23,739 with a rise of 378 points. This increase for both indices is … Read more
The Securities and Exchange Board of India (SEBI) has made a panel providing algorithms (Elgo) trading with stock exchanges. It has also defined the rules for using the Application Programming Interface (API). The aim of the new rules is to remove regulatory flaws and increase the safety of investors. Algo trading is already in circulation … Read more
Eight firms, including the defense equipment manufacturer SMPP, Brigade Hotel and PVC Blend -based construction materials, Kumar Arch Tech, have been jointly approved by SEBI to raise more than Rs 6,500 crore through the initial public issue (IPO) through the initial public issue (IPO). . Other companies that SEBI have approved to introduce IPOs include … Read more
Dabur, the leading company that makes everyday goods (FMCG), has reduced the duration of its strategic review cycle from four years to three years. The company has taken this decision in view of lethargy in the FMCG sector and instability in the geopolitical landscape. Dabur’s Chief Affairs Officer Mohit Malhotra discussed the quarterly results with … Read more
Companies are faster towards mutual funds with the aim of raising money for their merger-acquired deal as banks have to face all the restrictions in lending for such deals. According to market participants, mutual funds have helped in providing funds for all deals such as Mainkind Pharma acquisition of Bharat Serums and Vaccines, acquisition of … Read more
The net profit of Asian Paints has declined by 23.3 percent during the quarter ended December. The profit of the country’s largest paint manufacturer company declined to Rs 1,110 crore. However, its decorative paint business (India) volume increased by 1.6 percent. The company said in its release that its net sales were Rs 8,522 crore … Read more
Psu stock to buy: The stock of the Maharatna company ONGC of the Oil and Gas Sector may see further action. After the results of the December quarter (Q3Fy25), Brokerage House Motilal Oswal and Antic Stock Broking ONGC are bulls. He has given up to 35 per cent target of upset up to 35 per … Read more
Stocks to buy: Finance Minister Nirmala Sitharaman introduced the General Budget 2025 between economic challenges and soft sentiments. This was the first full Union Budget of the Modi government after the Lok Sabha elections 2024. In this budget, there was a focus on the Capital Expenditure (CAPEX) with the increase in conjunctival, tax cuts for … Read more
Top-5 stocks to buy: The possibility of a fresh tariff war in the world deepened in the world after the news of US President Donold Trump imposing tariffs on China, I Kasico, Canada. However, after postponing the tariff rate on I Kasico, Canada for the next 30 days, a strong sentiment was seen in the … Read more
Stock market closing bell: The domestic stock market closed up on Tuesday (February 4) amid positive stance from global markets. The stock market was shocked by US President Donald Trump’s decision to stop the proposed tariff fee on Mexico and Canada for 30 days. The major benchmark index BSE Sensex and Nifty climbed around 2%. … Read more