Posts in category Business Standard
Punjab & Sind Bank appoints Arnab Goswami as CFO (04-04-2024)
Punjab & Sind Bank said that its board has been appointed Arnab Goswami as chief financial officer (CFO) of the Bank vice Mahima Agarwal for a period of 3 years with effect from 3 April 2024.
Stocks to Watch, April 4: Voda Idea, OMCs, Suryoday SFB, DMart, KEC, PFC (04-04-2024)
Stocks to Watch on Thursday, April 4: State-owned Union Bank of India has raised $500 million (about Rs 4,200 crore) from foreign markets to fund overseas business growth
Stocks to Watch, April 4: Voda Idea, OMCs, Suryoday SFB, DMart, KEC, PFC (04-04-2024)
Stocks to Watch on Thursday, April 4: State-owned Union Bank of India has raised $500 million (about Rs 4,200 crore) from foreign markets to fund overseas business growth
Stock Market LIVE: Gift Nifty hints quiet start to action packed day ahead (04-04-2024)
Stock market Update on Thursday, April 04: What's moving the market today? Mixed global cues, rise in Crude Oil price, Gold hits new high and Nifty weekly options expiry in focus.
Stock Market LIVE: Gift Nifty hints quiet start to action packed day ahead (04-04-2024)
Stock market Update on Thursday, April 04: What's moving the market today? Mixed global cues, rise in Crude Oil price, Gold hits new high and Nifty weekly options expiry in focus.
Nifty IT, Auto indices present divergent trading opportunites, show charts (04-04-2024)
According to Ravi Nathani, an independent technical analyst, one can consider to buy the Nifty IT index on dips, whereas the Auto index can be short closer to the key resistance level.
Indices fall for 2nd straight day due to profit-booking in select stocks (03-04-2024)
The broader NSE Nifty declined 18.65 points or 0.08 per cent to 22,434.65, with 30 components of the 50-share benchmark ending with losses
Gold touches new peak of Rs 69,200 per 10 grams amid global market rally (03-04-2024)
Gold prices jumped by Rs 830 to reach a new peak of Rs 69,200 per 10 grams on Wednesday amid a rally in precious metal rates in the global markets, according to HDFC Securities.
This is the second time that yellow metal prices have hit an all-time high in this week. In the previous trade, the precious metal had closed at Rs 68,370 per 10 grams.
Silver prices also surged by Rs 1,700 to Rs 80,700 per kg. It had finished at Rs 79,000 per kg in the previous close.
"Spot gold prices (24 carats) in the Delhi markets are trading at Rs 69,200 per 10 grams, up by Rs 830, taking a bullish trend in the overseas markets," Saumil Gandhi, Senior Analyst of Commodities at HDFC Securities, said.
In the international markets, spot gold at COMEX was trading at USD 2,275 per ounce, up by USD 20 from the previous close.
"Gold up at yet another all-time high with prices breaching past USD 2,300 per ounce in early trade, while futures on MCX rose close to all-time around Rs 69,500, as demand for safe-h
First small & medium REIT may be launched, listed in 6 months: NAREDCO (03-04-2024)
India's first Small and Medium Real Estate Investment Trust (SM-REIT) is expected to be listed on stock exchanges within the next six months, enabling small investors to have fractional ownership of rent-yielding properties by investing as low as Rs 10 lakh, according to NAREDCO.
Addressing a webinar on Wednesday, realtors' body NAREDCO President G Hari Babu said, "We are expecting the launch of first SM-REIT by September-October".
Last month, the Securities and Exchange Board of India (Sebi) had notified the framework for SM REITs.
Investors can now have fractional ownership of rent-yielding real estate assets by making a minimum investment of Rs 10 lakh, with markets watchdog Sebi notifying the amended regulations for real estate investment trusts.
Hari Babu highlighted the benefits of SM-REITs and said small investors can now invest in rent-yielding real estate assets and earn both rental income as well as capital appreciation.
NAREDCO Chairman Niranjan Hiranandani hailed the n
Nifty Smallcap 100 up 11% in nine days of gains after 13% dip in Mar (03-04-2024)
The Association of Mutual Funds in India (Amfi) also directed fund houses to provide investors with additional disclosures on the risk of small and midcap funds