Posts in category Business Standard
Stock Market LIVE updates: Mid, small-cap stocks outperform benchmarks; Map My India soars 14% (20-06-2024)
Stock market LIVE updates on Thursday, June 20, 2024: In the broader markets, the BSE MidCap index rose 0.47 per cent, and the BSE SmallCap eked out 0.71-per cent gains
Stocks to Watch, June 20: Tata Motors, Sun Pharma, PNB Housing, Brigade Ent (20-06-2024)
Japan's Nikkei declined 0.70 per cent, contrasting with Korea's Kospi which saw a gain of 0.13 per cent. Australia's ASX200 witnessed a marginal decrease of 0.03 per cent
Gold dips Rs 10, silver down by Rs 100; yellow metal trading at Rs 72, 210 (20-06-2024)
The price of 22-carat gold fell Rs 10, with the yellow metal selling at Rs 66,190
Trade set-up for Jun 20: Nifty may open flat; FIIs turn bulls, BoE in focus (20-06-2024)
All you need to know before the stock market opens on Thursday June 20: FIIs net bought stocks up to Rs 8,000 crore yesterday; and also turned net long in index futures for the first time since May 28
RIL, Blue Dart, India Oil, Vi among six stocks to track on June 20 (20-06-2024)
At 6:35 AM, GIFT Nifty futures indicated a slight uptick, trading 21 points higher at 23,525 compared to their previous close
Stocks to buy on June 20: IDFC Bank, RBL, IGL; check target prices (20-06-2024)
Banking stocks are witnessing decent traction and IDFC First Bank has witnessed a fresh breakout. It had been trading in a corrective phase for over 8 months
Buy & Sell: Top three picks by Anand Rathi for June 20; check levels here (20-06-2024)
After a period of consolidation within the approximate range of Rs 1,740-1680, Radico Khaitanhas successfully broken out and is sustaining above this range, indicating a strong upward movement
Sebi penalises RInfra, others for non-submission of no default statement (19-06-2024)
Capital markets regulator Sebi on Wednesday imposed penalties on seven entities including Reliance Infrastructure, Reliance Power and Incredible Realcon for non-submission of no default Statement (NDS) to credit rating agencies.
The regulator levied a fine of Rs 1 crore each on Reliance Infrastructure, Reliance Power and Incredible Realcon, Rs 20 lakh on Paranjape Schemes (Construction) Ltd, Rs 14 lakh on PVP Ventures, Rs 5 lakh on Hindustan Cleanenergy and Rs 1 lakh on Ginni Filaments.
These firms have been directed to pay the fine within 45 days, the Securities and Exchange Board of India (Sebi) said in its 90-page order.
The matter pertains to the requirement of listed entities who have issued debt securities or other entities who have chosen to list their debt securities, to file No Default Statement (NDS) to the Credit Rating Agencies (CRAs).
Sebi's rule mandates the companies or issuers to submit the NDS information to CRAs on a monthly basis.
"The non-filing of NDS may have
DEE Development Engineers IPO subscribed 2.51 times on Day 1 of offer (19-06-2024)
The initial public offer of piping solutions provider DEE Development Engineers got fully subscribed on the first day of bidding on Wednesday and ended with 2.51 times subscription.
The Rs 418 crore initial share sale received bids for 3,74,51,044 shares against 1,49,44,944 shares on offer, as per NSE data.
The portion for non-institutional investors received 5.29 times subscription while the category for Retail Individual Investors (RIIs) got subscribed 2.67 times. The category for Qualified Institutional Buyers (QIBs) received 2 per cent subscription.
The Initial Public Offer (IPO) has a fresh issue of up to Rs 325 crore and an offer for sale of up to 45,82,000 equity shares.
The price range for the offer is fixed at Rs 193-203 per share.
Dee Development Engineers Ltd on Tuesday said it has mobilised a little over Rs 125 crore from anchor investors.
Of the Rs 325 crore fresh issue proceeds, Rs 175 crore will be used for payment of debt, Rs 75 crore for funding working capital .
India’s biggest bond holders sell into JPMorgan-induced demand: Report (19-06-2024)
Most foreign portfolio investors use foreign banks based in India as custodians for their investment operations