Global Surfaces Ltd, which is engaged in the business of processing natural stones and manufacturing engineered quartz, has filed preliminary papers with Sebi to mop up funds through an initial…
Global Surfaces files IPO draft papers with Sebi
New car sales during Navratri remain flat
Car and sport utility vehicle (SUV) sales during the Navratri period this year remained flat compared to last year at around 220,000 units. However, last year’s Navratri was spread between…
Rakesh Jhunjhunwala 62nd birthday today: Rs 5000 investment now worth over Rs 39500 crore in 36 years
Big bull Rakesh Jhunjhunwala celebrates his 62nd birthday today, 5 July 2022. Rakesh Jhunjhunwala, India’s Warren Buffet, was born to an Indian Tax officer in a middle class family, and…
Sensex crashes over 1,600 pts from day’s high, Nifty at fresh 52-week low; what’s dragging D-Street today?
BSE Sensex and Nifty 50 tanked nearly 2 per cent on Thursday, a day of weekly F&O expiry. S&P BSE Sensex nosedived 1,618 points from day’s high to 51,524, while…
Weather Update: IMD issues rainfall warning for Assam, Meghalaya and several other states due to very severe cyclonic storm Hamoon
The India Meteorological Department (IMD) on Tuesday night informed that Cyclone Hamoon intensified into a ‘very severe’ cyclonic storm, and it moved east-northeastwards during the past 6 hours over the…
Rupee likely to appreciate on weak dollar, rise in risk tolerance in markets; USDINR to trade in this range
The Indian rupee is expected to appreciate on Tuesday amid weakness in dollar. Further, investors will focus on existing home sales data as it is expected to decline from 5.61…
Reliance, HDFC Bank, Infosys, SBI, TCS, Coal India, Bharat Forge, NTPC stocks in focus on 4 July
Indian equity market are likely to start trade on a tepid note on Monday and thereafter look at key index heavyweights for a directional move, given the news flow out…
Niti Aayog explores ways to reduce trade gap with China
Government’s economic policy think tank Niti Aayog has initiated a study on how to reduce dependence on Chinese imports and reduce trade gap with the northern neighbour while simultaneously rolling…
Kotak Bank, Vedanta, HDFC, Tata Steel IndusInd Bank, HDFC Bank stocks in focus on 5 July
Indian equity markets are likely to extend gains on Tuesday. Ahead of the session, SGX Nifty was up in the green, suggesting a gap-up start for benchmark indices BSE Sensex,…
Rupee drifts down to a new record low
The rupee on Wednesday drifted down to another record low as it closed at 78.9662 to the dollar, pressured by a strong American currency, continuing portfolio outflows and elevated prices…