The surge in the share price of RBL Bank has been triggered by the approval of the fundraising plan by its Board. As the private banker announced on August 22 that its Board of Directors has approved fundraising of up to Rs 3,000 crore through the

Bandhan Bank, KSB, and ABB India have witnessed 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

Even so, near-term weakness in domestic steel prices cannot be ruled out absent a material improvement in global demand. China, the world's largest consumer of metals, has seen its demand shaken by policy-induced lockdowns and real estate slowdown

Jyothy Labs surged over 6% during the initial hours of Wednesday’s trading session. With the indices witnessing positive sentiment in the past 2 trading sessions, one stock that has outperformed the peers and the broader indices is Jyothy Labs.

Shares of Tejas Network Limited have surged 7.8% from its previous close of Rs 494 and are trading at Rs 532.55. On August 24, at 11:05 am, the market remains flat. S&P BSE Sensex is trading at 59071.19. Regarding sectoral performance, R

Realty, Private Banks, and Telecom stocks are on the move in the morning trade. On Wednesday morning, the benchmark equity indices opened on the lower side as the US market continues its losing streak for the third day now. The Asia Pacific mar

Most of the stocks registered open low candles on Tuesday and it sustained above the initial lows. Nifty opened below the 20DMA and recovered the initial losses. It also closed above the 13EMA. It formed a lower low and lower high candle but close

Just when we thought that the worst was over for the Indian rupee and it had bounced back from the Rs80/$ levels, there has once again been a sharp weakening of the rupee. After a combination of RBI intervention and FPI flows took the rupee from 80/$

According to data put out by the Auto Components Manufacturers Association (ACMA), the Indian auto ancillary industry recorded total sales of Rs420,000 crore for the full year FY23 ended in March 2022. This is an all-time record and reflect the sharp

The traditionally cash rich Indian IT sector is facing a crunch of sorts. They are still sitting on piles of cash but in the last few quarters, the employee costs and travel costs have shot through the roof. The employee attrition for most of the lar

Amidst rising repo rates, Indian banks appear to have discovered a new mode of raising funds from the market. They are raising funds aggressively through certificates of Deposits (CD), which is a short term fund raising method for banks. These CDs ar

JK Tyres & Industries, Welspun Corp, and Aditya Birla Fashion & Retail Ltd (ABFRL) have witnessed 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,