Indian Market News
Can Fin Homes has selected Suresh Srinivasan Iyer, the former head of the housing sector at Bandhan Bank, as the new managing director and CEO, months after Girish Kousgi announced his resignation (CEO). “We believe this is a positive given Iyer’s long experience in the mortgage industry including as core management at Gruh Finance,” According […]
According to Colliers India and FICCI, the leasing of office space across six major cities could drop by 25–30% this year to 35–38 million square feet due to weak demand. A research titled “Emerging Trends and Opportunities in Office Sector – 2023” was published by real estate firm Colliers India and trade association FICCI. On
Deep Industries is a small-cap business with operations in the energy sector with a market value of Rs. 838.88 crore. The business is a leading provider of energy sector solutions. The company is skilled in providing Integrated Project Management Services as well as Drilling and Workover Services, Gas Dehydration Services, and Air & Gas Compression
Deep Industries sets record date for 1:2 stock split, scrip up over 650% in 3 years Read More »
The primary Indian equities indices concluded trading on Tuesday mostly higher. The NSE Nifty 50 jumped 119.10 points or 0.70% to 17,107.50, while the BSE Sensex rose 445.73 points to 58,074.68. Bank Nifty rose 532.75 points to 39,894.70. The size of the market was definitely in the purchasers’ favour. The small- and mid-capitalization S&P BSE
Stock Market Closing: Sensex rises 446 pts; Nifty tops 17,100, RIL Shares Gains Read More »
Rail Vikas Nigam Ltd (RVNL), a public company with Miniratna status, has been planning, funding, and implementing rail infrastructure projects since September 2013. Also, over the last five years, RVNL has finished top among Railway PSEs four times. “Pursuant to Regulation 29 read with Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Stock Analysis: Miniratna CPSE Rail Vikas Nigam sets record date for interim dividend Read More »
In a clever move, benchmark indices mounted a comeback to recover from Monday’s losses as global markets rose as concerns about the global banking sector eased. Sentiment was also boosted by reports that the US Federal Reserve would raise interest rates in a very measured manner at the important meeting. The Fed must decide on
Solid Wall Street Handover Helps Sensex Recover, Rupee Gains 10 Paise Read More »
Stock Analysis: Products from Venus Pipes are widely used in industries including oil & gas, engineering, fertilisers, pharmaceuticals, power, food processing, and chemicals. According to stockbroker Antique Stock Broking, it would soon reach a capacity of 33.6 ktpa after integrating a 9.6 ktpa backward line (to create hollow pipes from stainless steel round bars). The
Stock Analysis: Multibagger stock trades near record high; over 40% rally seen Read More »
Later on Wednesday, the US Federal Reserve is anticipated to make a decision regarding interest rates. As is common knowledge, rising interest rates are bad for the price of gold. Gold prices may continue to rise if the US Fed maintains the status quo on interest rates. But, following the banking crisis, investors appear to
US Fed Interest Rate Decision Determines Trend Of Gold Price Read More »
The Dow Jones led a sharp climb in the world markets last day, adding 380 points, while the S&P 500 rose 0.9%. The rise occurred the day after UBS acquired Credit Suisse, raising the possibility that the global financial crisis may be abating. News that JP Morgan would counsel troubled First Republic Bank on strategic
World Markets Rise As Bank Crisis Eases, With Bitcoin Reaching $28,000 Read More »
Due to their strong earnings, the shares of state-owned institutions have outperformed the banking benchmark index during the past year. Throughout the aforementioned time period, Nifty Bank increased by 9.28%, while the Nifty PSU Bank index increased by 44.42%. Brokers have high hopes for Indian Bank, a PSU lender. The bank, which has its headquarters
Brokerage expects this PSU bank shares to increase by 41% Read More »
