Posts in category Business Standard
Hindustan Unilever slips 3%; hits 2-month low post December quarter results (20-01-2024)
The company said weak rural consumer sentiment and delayed winter were behind its underwhelming performance.
Stocks to Watch on Jan 20: RIL, Paytm, ICICI Bank, Prataap Snacks, RBL Bank (20-01-2024)
Stocks to Watch on Saturday, January 20, 2024: RIL, on Friday, reported a 9.3 per cent year-on-year (Y-o-Y) increase in its consolidated net profit, at Rs 17,265 crore, for Q3FY24
Gold price climbs Rs 330 to Rs 62,950, silver rises Rs 200 to Rs 75,700 (20-01-2024)
The price of 22-carat gold jumped Rs 300, with the yellow metal selling at Rs 57,700
Stock market LIVE: Sensex, Nifty flat; CIL, Power Grid, NTPC rise up to 3% (20-01-2024)
Stock market live updates on January 20, 2024: BSE Sensex and NSE Nifty edged higher in Saturday's regular trading session
Market regulator Sebi probing three IPOs for inflating subscriptions (20-01-2024)
MUMBAI (Reuters) -India's market regulator is investigating three initial public offerings (IPOs) for allegedly inflating the number of subscriptions received
CoinSwitch announces highest cashback on crypto deposits (19-01-2024)
Bengaluru (Karnataka) [India], January 19: CoinSwitch, India's largest crypto trading platform, has introduced Cashback Bonanza for deposits made to CoinSwitch PRO. Users can deposit over 100 crypto assets from any exchange or private wallet to their CoinSwitch account in just a few simple steps, and earn rewards of up to 5% of the deposited value.
Equity markets to have normal trading session on Sat, holiday on Mon (19-01-2024)
Stock exchanges NSE and BSE on Friday said there will be normal trading sessions on January 20 and a trading holiday on January 22.
Earlier, the bourses were scheduled to hold special trading sessions in the equity and equity derivative segment on January 20 (Saturday) to check their preparedness to handle major disruption or failure at the primary site.
In separate circulars, NSE and BSE said there will be a normal trading session on Saturday.
"Members are requested to note that the exchange shall be conducting regular trading sessions on Saturday, January 20, 2024, from the primary site in equity and equity derivatives segments as per regular market timings. Price bands applicable for normal trading day shall continue to be remain applicable on January 20, 2024," NSE said in its circular.
Besides, it will be a trading holiday on January 22, with the Maharashtra government announcing a holiday in connection with the consecration of the Ram Temple in Ayodhya.
The Maharashtra ...
Sebi to use in-house developed generative AI tool to clear IPO applications (19-01-2024)
The number of applications pending for one to three months was 16 and 17, respectively
Ram Temple inauguration: Trading on NSE to remain closed on Jan 22 (19-01-2024)
Trading on the National Stock Exchange will remain closed on January 22, with the Maharashtra government announcing a holiday in connection with the consecration of the Ram Temple in Ayodhya, an official said on Friday.
The Maharashtra government has declared January 22 as a public holiday.
In a circular, the NSE said the currency derivative segment will remain closed on January 22.
Earlier in the day, the Reserve Bank of India (RBI) announced that money markets will remain closed on January 22.
BNP Paribas sells shares of two companies worth Rs 668 cr via open market (19-01-2024)
Financial services company BNP Paribas on Friday sold shares of two companies for Rs 668 crore through open market transactions.
BNP Paribas, through its affiliate BNP Paribas Arbitrage, offloaded shares of private sector lenders, HDFC Bank and IndusInd Bank in two separate transactions on the BSE.
According to the block deal data available with the BSE, BNP Paribas Arbitrage disposed of 18.23 lakh shares of HDFC Bank at an average price of Rs 1,480 apiece.
It also sold more than 25.50 lakh shares of IndusInd Bank at an average price of Rs 1,560 per piece on the exchange, as per the block deal data.
This took the combined transaction value to Rs 667.72 crore.
Meanwhile, in two separate transactions, Goldman Sachs (Singapore) Pte - ODI picked up 18.23 lakh shares of HDFC Bank and acquired more than 25.50 lakh shares of IndusInd Bank at the same price.
On Friday, shares of HDFC Bank fell 1.08 per cent to close at Rs 1,470.70 each on the BSE, while the scrip of IndusInd Bank decline