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16th Nov 2022
Home First Finance Company, EPL, and Cyient have witnessed a volume burst in the last 75 minutes of the trade. As the saying goes, the first, as well as the last hour of each trading session, is the most important and active in terms of
It may be the era of electric vehicles (EVs) but the three largest listed auto companies in India are going to invest Rs20,000 crore over the next couple of years to enhance manufacturing capacity. All the three players viz. Tata Motors, M&M and
PNC Infratech surges on handing over the ‘EPE user fee collection mandate’ to NCR Eastern Peripheral Expressway. PNC Infratech closed at Rs 261.90, up by 8.35 points or 3.29 from its previous closing of Rs 253.55 on the BSE. The scr
There were two big stories in the merchandise trade data reported for October 2022. Firstly, the trade deficit widened but that was glossed over by the fact that the total trade had shrunk sharply due to global headwinds. Secondly, the Ministry of Co
Shares of the company surged 7. On November 11, the market is trading flat. At 12:50 pm, the S&P BSE Sensex is trading at 61,968.87, up 0.15, while NIFTY50 is up 0.06 and trading at 18,415.05. About sectoral performance, Industrial and IT o
The stock of NBCC jumped over 6 on Wednesday amid fresh buying interest. PSU stocks have been performing exceptionally well, right from the banks to railway stocks and now the construction sector. Interestingly, the main driver for the growing in
15th Nov 2022
Inox Green Energy IPO worth Rs.740 crore, comprised of a fresh issue of shares to the tune of Rs370 crore and an offer for sale worth Rs370 crore. The IPO saw fairly tepid response on Day-1 and Day-2 of the IPO and it was only on the third day that t
If you are holding Nykaa shares and are exited about the recent bonus issue, think again. If you are one of those who invested in the IPO of Nykaa and have just got the bonus allotment, you may be in for a nasty surprise. Yes, it is going to be a cas
Fusion Micro Finance Ltd had a tepid listing on 15th November 2022, listing at a discount of -2.31, and closing the day well above the listing price. While the stock did show some bouts of volatility during the day, it closed more than 12 below the
India Consumer inflation (CPI Inflation) for the month of October 2022 came in marginally higher than street expectations at 6.77. The good news is that, on a sequential basis, CPI inflation fell by 74 basis points. However, not all is hunky-dory. O
On 14th November 2022, Grasim Industries announced its quarterly results for the second quarter of FY2023. Q2FY23 Performance updates: - Revenue from operations increased by 22 YoY to Rs 27486 crore - The company’s EBITDA stood
As the RBI continues to hike repo rates with limited impact on CPI inflation, the actual impact may be showing up elsewhere. The rate hike efforts of the RBI are showing results in wholesale inflation or WPI inflation, which has fallen sharply by 824
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