Posts in category Business Standard
Volumes jump at Tata Teleservices (Maharashtra) Ltd counter (23-04-2024)
Tata Teleservices (Maharashtra) Ltd saw volume of 409.77 lakh shares by 14:14 IST on NSE, a 17.6 fold spurt over two-week average daily volume of 23.28 lakh shares
Pinnacle Life Science’s Formulations (Oncology) unit completes USFDA inspection (23-04-2024)
Receives 5 inspectional observation under Form 483
NSE set to launch derivative contracts on Nifty Next 50 from Wednesday (23-04-2024)
National Stock Exchange (NSE) is set to introduce derivative contracts on Nifty Next 50 index from Wednesday.
This came following an approval received from markets regulator Securities and Exchange Board of India (Sebi).
The Nifty Next 50 index represents 50 companies from Nifty 100 after excluding the Nifty 50 companies.
Under the derivative contract, the exchange would offer three serial monthly index futures and index options contract cycles. The cash-settled derivatives contracts would expire on the last Friday of the expiry month.
The introduction of derivatives on the Nifty Next 50 index would complement the existing index derivatives product suite. The Nifty Next 50 index would represent the space between the Nifty 50 index comprising the top large & liquid stocks and the Nifty Midcap Select index comprising the top large & liquid mid-capitalised stocks, Sriram Krishnan, Chief Business Development Officer at NSE, stated last week.
As of March 2024, the Nifty Next 50 ...
Energy shares slide (23-04-2024)
Energy stocks were trading with losses, with the S&P BSE Energy index falling 42.35 points or 0.35% at 12175.58 at 13:42 IST.
Oil and Gas shares fall (23-04-2024)
Oil and Gas stocks were trading in the negative zone, with the S&P BSE Oil&Gas index falling 109.86 points or 0.39% at 28388.94 at 13:42 IST.
Healthcare shares fall (23-04-2024)
Healthcare stocks were trading in the negative zone, with the S&P BSE Healthcare index falling 84.18 points or 0.24% at 34699.33 at 13:42 IST.
JNK India IPO: Subscription status, GMP, valuation, should you apply? (23-04-2024)
JNK India IPO: The grey market premium (GMP) for JNK India is Rs 15 as of April 23, 2024. At the higher end of the price band, it is a premium of 3.6 per cent.
Board of Intelligent Supply Chain Infrastru.Trust recommends final dividend (23-04-2024)
Of Rs 0.903 per share
Amara Raja jumps 37% so far in April, nears record high on healthy outlook (23-04-2024)
Thus far in the month of April, the market price of a comprehensive solutions provider in the Energy & Mobility space has zoomed 37 per cent, as compared to 0.27 per cent rise in the S&P BSE Sensex
TBO Tek, Awfis Space Solutions receive Sebi’s approval to float IPO (23-04-2024)
Travel distribution company TBO Tek Ltd and flexible workspace solutions firm Awfis Space Solutions Ltd have received markets regulator Sebi's go-ahead to raise funds through Initial Public Offerings (IPOs).
The two firms, which filed their preliminary IPO papers with the regulator between November and December, obtained their observations during April 15-16, an update with the Securities and Exchange Board of India (Sebi) showed on Tuesday.
In Sebi's parlance, its observations mean it's going ahead to float the public issue. TBO Tek's maiden public issue comprises a fresh issue of equity shares aggregating up to Rs 400 crore and an Offer For Sale (OFS) of up to 15,635,996 equity shares by promoters and investors, according to the Draft Red Herring Prospectus (DRHP).
Those selling shares in the OFS are promoters -- Gaurav Bhatnagar, Manish Dhingra and LAP Travel -- and investors -- TBO Korea and Augusta TBO.
Funds raised from the fresh issue will be used for the growth and ...