The government on Wednesday said that investment facilitation and ease of doing business taken on account of FDI policy reforms have resulted in increased inflows during the first four month of thi...
Robinhood Markets said today it plans to begin testing cryptocurrency wallets next month, with a broader rollout in early 2022, allowing its users to move supported digital currencies in and out of...
There are different compelling reasons for considering investments in international equities. While India is one of the leading emerging economies, India’s equity market capitalisation is just arou...
While the markets are cautiously watching for the historical unwinding of liquidity scenario, we believe that event of global central banks tapering their asset purchases is still a quarter or two ...
Price volatility is likely to inch higher and sustenance below 17,800 could mean Nifty50 is due for mean reversion and mild consolidation/pullback is possible.
Evergrande may be in crisis, but Indian real estate companies are far from one. Godrej Properties’ announcement that it sold units worth Rs 575 crore on the first day of the opening of Phase 2 of i...
The government has decided to extend the tenure of veteran banker Uday Kotak as the IL&FS Non-Executive Board Member and Chairman by six more months. Mr Kotak will continue on the Board of...
Sectorally, Nifty Media was the top performer as the index rose 13 per cent led by Zee Entertainment. It was followed by Nifty Realty, which gained 8 per cent
Analysts said the 17,500-17,430 range is likely offer some support to the index. A sustained move above the 17,600 level is a must for the index momentum to stay positive, they said.
Zee group stocks were high in demand after the proposed merger with Sony Picture, whereas investors booked profits in Neogen Chemicals. VRL Logistics was on a roll ahead of hosting Rakesh Jhunjhunw...
In the last 13 months, silver has tanked as much as Rs 18,250 from its peak of Rs 77,949 hit in August 2020. In the last couple of weeks, it has shed more than Rs 5,200 in the spot market.
“Zee has got a more sustainable strategy and so having Punit as MD for the combined entity should translate into gains for Sony’s business in terms of cost generic also.”
Media stocks were under the spotlight amid the announcement of the ZEE-Sony merger. Realty stocks also saw massive buying as Karnataka cut stamp duty. However, banks and financial services ended down.
The Centre wants to block Chinese investors from buying shares in Indian insurance giant Life Insurance Corp (LIC) which is due to go public, four senior government officials and a banker told news...
Net proceeds from the initial share sale will be used to fund its capital expenditure, working capital requirements and towards expenses for general corporate purposes.
While the government is planning to allow foreign investors to participate in what is likely to be the country's biggest-ever IPO worth a potential $12.2 billion, it is leery of Chinese ownership
While selecting stocks, you need to ensure that your holdings are not concentrated in one or two industries or companies following the same business cycle
The public issue comprises a fresh issue of ₹300 crore and an offer for sale (OFS) of 60,70,675 equity shares by promoters and individual selling shareholders
“More than sectors, I find the prices at which the IPOs are coming in a little worrying and that includes in the IPOs in the old economy sectors as well.”
Upstox currently has 5 million users a shade below Zerodha’s over 6 million users. The online discount broker has managed to double its users from around 2.5 million in March, reflecting the sheer ...
The plan, once implemented could push foreign investors, who account for about a fifth of the India’s market capitalization, to not only upgrade their custodial arrangements but also spend more on ...
The listing of LIC is set to be the country's biggest ever initial public offering, with the government aiming to raise up to Rs 90,000 crore from its stake sale.
Evergrande’s main unit Hengda Real Estate Group will make coupon payment on onshore bonds after successful private negotiations with bond holders, Reuters said.
KEC International's transmission & distribution business, railways business, civil business and cables business bagged orders in India, Middle East, Africa and Americas
Indiabulls Real Estate, Sobha, Prestige Estates, Oberoi Realty, Sunteck Realty, Mahindra Lifespace and Macrotech Developers were up between 4 - 8 per cent on expectations of strong demand this festive
Indian real estate market didn't perform for the last five years but it is showing a strong recovery in 2021 where the sector is bottoming out in terms of both volumes and prices, say analysts
Taurani said Elara would be monitoring the developments in coming months, but said ZEE looks like a structural re-rating candidate in India's broadcasting space.
As part of the agreement, Zee Entertainment’s current promoters will be allowed to raise their stake to 20 per cent from little over 4 per cent currently while current CEO Punit Goenka will remain ...
As of 30-Jun-2021, promoters held 69.49 per cent stake in the company, while FIIs held 12.08 per cent and domestic institutional investors had 3.84 per cent.
One major reason behind the exuberance may be the massive demand for shares in the grey market. Paras Defence has fixed the price band at Rs 165-175 apiece for the issue, whereas the shares are tra...
"It remains to be seen whether the current promoters of Zee with just 4% of the holding can choose to have their own board members and how in the combined entity, the right to select board members ...
Shares of Nucleus Software have underperformed the market as the IT software scrip is up 12 per cent in the last one year, compared to a 57 per cent rise in BSE Sensex.
Patil of LKP Securities said the deal may actually earn ZEE a significant re-rating. The stock last traded at 23 times FY22 and 19 times FY23 earnings.
The Fed is due to release its latest policy statement and economic projections at 2 p.m. EDT (1800 GMT), with Fed Chair Jerome Powell holding a news conference half an hour later to discuss the out...
“The merged entity will be the number one player in the entertainment space with more than 35% to 40% market share. Of this, Zee has about 18-19% share. ”
Asian Development Bank pegged India's economic growth outlook to 10 per cent due to the spike in COVID-19 cases during the second wave of COVID-19 in the country
As of 30-Jun-2021, promoters held 74.36 per cent stake in the company, while FIIs held 16.99 per cent and domestic institutional investors had 2.02 per cent.
Balkrishna Industries hit a new high of Rs 2,656.95, up 5 per cent on the BSE in intra-day trade, surpassing its previous high of Rs 2,558.15 touched on August 4, 2021
Greaves Cotton Ltd. key Products/Revenue Segments include Engines, Service Income, Other Operating Revenue and Export Incentives for the year ending 31-Mar-2021.
The speculation ahead of the US FOMC and uncertainty over China's Evergrande debt crisis has sent mixed cues to the market boosting buying in gold. The dollar index and US bond yields were steady a...
Reliance Industries Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 1626074.98 Crore) operating in Diversified sector.
What has helped ITC’s cause is its underperformance to the benchmark indices and the FMCG index over the past year. While Nifty50 is up more than 25 per cent in 2021 so far, shares of the cigarette...
Bharat Petroleum Corporation Ltd., incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 89763.68 Crore) operating in Gas & Petroleum sector.
Central banks in Nigeria and Ghana have partnered with foreign financial tech companies to create digital versions of their currencies, joining the global train of countries exploring the initiative
Neogen Chemicals Ltd. key Products/Revenue Segments include Organic/Inorganic Heavy Chemicals and Other Operating Revenue for the year ending 31-Mar-2020.
Gold, Silver Price Today, 22 September 2021: On the Multi Commodity Exchange (MCX), gold futures due for an October 5 delivery, were last seen trading lower by Rs 74 - or 0.16 per cent - at Rs 46,564
Following the approval, shares of Zee Entertainment hit the 15 per cent upper circuit limit at Rs 294. Zee Media rallied 4.92 per cent to Rs 12.36 while Zee Learn jumped 16 per cent to Rs 16.15.
“The markets are pricing in tightening by around March 2023. If we do see a shift towards earlier tightening and if the dot plots shown earlier shift, one could see a hawkish reaction in markets.”
Barring the US dollar pegged Tether, nine out of top 10 cryptocurrencies were trading lower at 9.30 hours IST. Solana shed more than 6 per cent, whereas Polkadot tanked 5 per cent. Ethereum decline...
Broader market indices were trading higher, outperforming their headline peers in morning trade. Nifty Smallcap was up 0.67 per cent while Nifty Midcap advanced 0.71 per cent. Broadest index on NSE...
Mahindra & Mahindra Financial Services Ltd., incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 22344.56 Crore) operating in NBFC sector
Zee Entertainment will hold 47.07 per cent, while Sony India will hold a majority stake of 52.93 per cent in the merged company, according to the statement.
“Sectors and stocks that fall less when markets fall and rise more when markets go up: and I think that should be the mantra or that should be the strategy for the next few months.”
“The next leg of the market hopefully will come from the domestic cyclicals that includes domestic discretionaries like auto, building materials, cement and last but not the least, financials and b...
“Metals, especially steel stocks will be volatile but still a lot of returns can be made over the next six months if Evergrande does not become an issue.”
ICICI Lombard General Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 80346.76 Crore) operating in Financial Services sector.
Indian markets have surrendered to their global counterparts, dancing to their tunes. And this trend is likely to continue amid a lack of triggers back home
Jhunjhunwala bought 1.39 per cent in the PSU during the April-June quarter. But the stock is on a steady fall after it hit its peak of Rs 151.10 on May 10.
Multi Commodity Exchange of India Ltd. key Products/Revenue Segments include Fees & Other Charges and Other Operating Revenue for the year ending 31-Mar-2021.
The announcement comes as Evergrande, once the country's top-selling developer, inches closer to a key deadline for an interest payment on a dollar bond, with financial markets tense even as invest...
Asian stock markets made a cautious start on Wednesday and the dollar held firm amid lingering nerves about the fallout from a looming failure at developer China Evergrande and anticipation the Fed...
All existing weekly and monthly FinNifty futures and options contracts will expire on Tuesday of every week and if Tuesday is a trading holiday, the expiry day will be on the previous trading day, ...
Gold prices were flat on Wednesday amid rising uncertainties triggered by China Evergrande's debt crisis and anticipation of policy cues from the U.S. Federal Reserve on its timeline for reducing s...
Further supporting the market, some producers in the Organization of the Petroleum Exporting Countries and their allies, together called OPEC+, are struggling to increase output up to their targete...
Asian stock markets opened mostly lower on Wednesday as the global market tried to digest the crisis at Chinese property giant Evergrande. Markets in Korea and Hong Kong were shut. MSCI's broadest ...
Stock market Live: Markets in mainland China tumbled on Wednesday, after returning to trade from a two-day holiday, falling more than 1 per cent amid the ongoing Evergrande crisis
After Zee Entertainment and Dish TV, the Subhash Chandra family is bracing for another shareholder activism at Zee Learn and Zee Media Corporation ahead of their soon to be convened extraordinary g...
Mutual funds might struggle to retain or hire top talent at the middle and lower levels as they implement the capital markets regulator Sebi's circular, which requires key executives to invest in t...
Sources said that the deal with Tata - Airbus is likely to be signed on Thursday, two weeks after it was given a go ahead by the Cabinet Committee on Security. The signing is likely to include top ...
Infosys announced its collaboration with digital workflow company ServiceNow to provide enterprise-level service management for customers in manufacturing industries.
Share market LIVE updates: Overnight on the Wall Street, Dow Jones Industrial Average fell 50.63 points to 33,919.84, the S&P 500 lost 3.54 points, or 0.08%, to 4,354.19 and Nasdaq Composit...
Besides 100 per cent of its stake in the state-owned national airline, the potential buyer will get Air India's 100 per cent of AI Express Ltd a low-cost airline and 50 percent of Air India SATS...
Day trading guide for Wednesday: The market seems to have reversed up surprisingly after a short period of downward correction. .Current market pattern indicates strength of present upside...
In the national capital, petrol prices were steady at Rs 101.19 per litre and diesel rates were unchanged at Rs 88.62 per litre, according to Indian Oil Corporation
UK's Vodafone Plc and Aditya Birla Group are considering all options, including putting in some fresh equity into Vodafone Idea (Vi), to further build on the recent relief package and signal to pot...
India's retail inflation eased to 5.3% in August after hitting a high of 6.3% in May. However, wholesale inflation remained high in double digits at 11.4% last month, highlighting commodity and inp...
Tata Power has restarted fund-raising efforts for its renewables business, six months after pulling out of negotiations with Malaysia's Petronas for a potential $2 billion investment.
Global markets have turned shaky ever since China's Evergrande Group crisis triggered. The real estate group is one of China's biggest developers and has total liabilities or debt of more than $300...
The Fed has promised not to cut back on the $120 billion of Treasuries and mortgage-backed securities it is buying each month until it sees "substantial further progress" toward its goals of maximu...
Budget airline SpiceJet on Tuesday said shareholders have approval the transfer of cargo and logistics services business to its subsidiary, SpiceXpress, on slump sale basis valued at Rs 2,555.77...
India's likely inclusion in global bond indices is likely to draw as much as $250 billion of inflows over the next decade and reduce the cost of borrowing by as much as 50 basis points for the gove...
The Department of Telecommunications (DoT) on Tuesday started the implementation of new telecom reforms by simplifying the KYC (Know Your Customer) process.
With restrictions being eased, Mahindra Fin’s collections improved steadily in July and August.As infra projects resume, the firm hopes that it would boost demand for CVs and tractors
With restrictions being eased, Mahindra Fin’s collections improved steadily in July and August.As infra projects resume, the firm hopes that it would boost demand for CVs and tractors
With restrictions being eased, Mahindra Fin’s collections improved steadily in July and August.As infra projects resume, the firm hopes that it would boost demand for CVs and tractors
Mazhar Mohammad of Chartviewindia.in said that even as Nifty50 recoiled smartly from the intraday day low of 17,326, it may still remain vulnerable to selloffs.
The market is likely to continue to consolidate for some more time in a broad range. As long as Nifty is able to defend its most recent base point, it is likely to stat in this broad range between ...
Torrent Power has entered into an agreement with CESC Limited, Haldia Energy Ltd and other nominal shareholders for the acquisition of 100 per cent of the share capital of Surya Vidyut Ltd, the sta...
India has registered a significant increase of 21.8% in export of agricultural and processed food products in the first five months of financial year 2021-22 (April-August FY22) in comparison to th...
While business resumption is still better than the levels registered prior to the Covid pandemic, mobility indicators are mixed, with other real economy indicators struggling, Nomura Global Markets...
