According to Ravi Nathani, an independent technical analyst, the Nifty FMCG index may trade sideways, while the Nifty PSU Bank index is expected to trade with a positive bias.
Posts in category Business Standard
Stock Market Live: Sensex, Nifty aim to open with small gains; Infosys eyed (13-09-2023)
Stock Market Live on September 13, 2023: At 7:15 am, the Gift Nifty futures quoted 27 points higher at 20,073; Brent Crude topped 10-month highs, trading over $92 per barrel
Stocks to Watch today, Sep 13: Infosys, Vedanta, BoB, Paytm, KEC, SpiceJet (13-09-2023)
Stocks to watch on Wednesday, September 13, 2023: Steel stocks too may see some action India and the US plan to enable exports of at least 336,000 tonnes of certain steel and aluminium products withou
Technoloader: A One Stop for Cutting-Edge Blockchain Solutions (12-09-2023)
New Delhi [India], September 12: Cryptocurrency and blockchain technology platforms keep shifting with regularity as innovation in these domains is swift and dynamic. It is impossible to dwell on yesterday’s breakthroughs, as the technology sector is competitive, progressive, and future-driven.
Oil prices jump 2% to near 10-month high as Opec predicts tight supplies (12-09-2023)
Brent futures rose $1.64, or 1.8%, to $92.28 a barrel by 11:15 a.m. EDT (1515 GMT). U.S. West Texas Intermediate (WTI) crude rose $1.91, or 2.2%, to $89.20
Wall Street dips, the dollar strengthens ahead of key inflation data (12-09-2023)
One week from today, the central bank is due to convene its two-day policy meeting, at which the Fed is broadly expected to let current key interest rates stand
Bank of America survey says ‘dramatic shift’ towards high-flying US stocks (12-09-2023)
US equities have outperformed global peers this year, with the S&P 500 Index rising 17 per cent
Sebi imposes Rs 35 lakh fine on 7 entities for non-genuine trades (12-09-2023)
Capital market regulator Sebi has imposed fines totalling Rs 35 lakh on seven entities for indulging in non-genuine trades in the illiquid stock options segment on the BSE.
In seven separate orders on Monday, the regulator slapped a fine of Rs 5 lakh each on Subhash Kumar Poddar HUF, Manoj Kumar Goenka HUF, Ayan Akhter Husain, Ankita Didwania, Rakesh Golechha, Ankur Taneja HUF and Yogesh Kumar Gupta HUF.
Sebi had observed large-scale reversal trades in the illiquid stock options segment on the BSE, leading to artificial volumes on the exchange.
Further, the regulator conducted an investigation into the trading activities of certain entities engaged in the segment from April 2014 to September 2015.
The seven entities fined on Monday were among those who indulged in the execution of reversal trades.
Reversal trades are alleged to be non-genuine in nature as they are executed in the normal course of trading, which leads to a false or misleading appearance of trading in terms of …
EMS Ltd IPO subscribed 75 times on final day by mostly institutional buyers (12-09-2023)
The Initial Public Offering (IPO) of water and sewerage infra player EMS Ltd was subscribed 75.28 times on the final day of subscription on Tuesday, with heavy participation from institutional buyers.
The share sale received bids for 81,21,02,970 shares against 1,07,87,431 shares on offer, according to NSE data.
The category for Qualified Institutional Buyers (QIBs) was subscribed 153.02 times while the portion for non-institutional investors received 82.32 times subscription. The quota for Retail Individual Investors (RIIs) got subscribed 29.79 times.
The IPO had a fresh issue of up to Rs 146.24 crore and the offer for sale of up to 82,94,118 equity shares.
The price range for the offer was Rs 200-211 per share.
The company offers water and sewerage infra solutions, including laying the sewerage network to build treatment plants in Uttar Pradesh, Bihar, Uttarakhand and Rajasthan.
EMS Ltd on Thursday said it has raised Rs 96.37 crore from anchor investors.
Proceeds from the fres
EMS Ltd IPO subscribed 75 times on final day by mostly institutional buyers (12-09-2023)
The Initial Public Offering (IPO) of water and sewerage infra player EMS Ltd was subscribed 75.28 times on the final day of subscription on Tuesday, with heavy participation from institutional buyers.
The share sale received bids for 81,21,02,970 shares against 1,07,87,431 shares on offer, according to NSE data.
The category for Qualified Institutional Buyers (QIBs) was subscribed 153.02 times while the portion for non-institutional investors received 82.32 times subscription. The quota for Retail Individual Investors (RIIs) got subscribed 29.79 times.
The IPO had a fresh issue of up to Rs 146.24 crore and the offer for sale of up to 82,94,118 equity shares.
The price range for the offer was Rs 200-211 per share.
The company offers water and sewerage infra solutions, including laying the sewerage network to build treatment plants in Uttar Pradesh, Bihar, Uttarakhand and Rajasthan.
EMS Ltd on Thursday said it has raised Rs 96.37 crore from anchor investors.
Proceeds from the fres