The share price of Reliance Industries (RIL) touched a new 52 week high of ₹2,394.30 today. With today's rise in Reliance share price, the market capitalisation of the country's most cherished company rose above ₹15 lakh crore. It is the top most

The Rs.1,895 crore IPO of Vijaya Diagnostics consists entirely of an offer for sale. It got a tepid response at the end of Day-1 and not much changed at the end of Day-2. As per the combined bid details put out by the BSE, Vijaya Diagnostics IPO was

The Rs.570 crore IPO of Ami Organics, consisting of Rs.200 crore fresh issue and Rs.370 crore OFS, had been fully subscribed on Day-1 itself. As per the combined bid details put out by the BSE, Ami Organics IPO was subscribed 64.54X overall at the cl

One of India’s largest jewellery chains, Joyalukkas, is planning an IPO in the last quarter of FY22. The company is expected to file the DRHP with SEBI in the last week of November or early December. While details of the IPO are to be officially an

Institutional investors and large brokerage firms mostly utilize algorithmic trading to reduce trading expenses. Algorithmic trading is especially helpful for high order sizes, accounting for up to 10 of global trading activity. Algorithmic trading

HDFC Life Insurance announced the purchase of the life insurance unit of Exide Industries for a consideration of Rs.6,687 crore or nearly $916 million. The consolidation in the life insurance sector has just started picking up as the large private pl

Chemplast Sanmar IPO, part of the Sanmar group of Tamil Nadu, had recently closed its mega Rs.3,850 crore IPO in the month of August. The response had been tepid at just about 2.17 times subscription and the stock had dipped to a discount to the issu

Every morning our analysts scan through the markets universe and chose the best momentum stocks to buy today. The stocks are recommended from a wider list of momentum stocks and only the best ones make it to the top 5 list. We also update on the

Definition and Meaning of Algo Trading Also known as ‘Black-box trading,’ Algorithmic trading involves the use of computer programs to place a trade based on predefined rules and principles. The computer program uses a set of instructions that

The Rs.1,895 crore IPO of Vijaya Diagnostics consists entirely of an offer for sale. It got a tepid response at the end of Day-1 and not much has changed at the end of Day-2. As per the combined bid details put out by the BSE, Vijaya Diagnostics IPO

The Rs.570 crore IPO of Ami Organics, consisting of Rs.200 crore fresh issue and Rs.370 crore OFS, had been fully subscribed on Day-1 itself. As per the combined bid details put out by the BSE, Ami Organics IPO was subscribed 3.90X overall at the end

State Bank of India announced that it had raised Rs.4,000 crore through the issue of Additional Tier-1 (AT-1) Bonds. These AT-1 bonds are perpetual bonds that do not have any specified maturity. However, the issuer has the prerogative to call back th