CLOSING BELL ON JULY 13, 2023: The NSE Nifty50 hit a new high of 19,567, before finishing with a modest gain of 29 points on Thursday. Broader indices ended in red.
Posts in category Business Standard
Stock Market Live: Asia stocks zoom as US inflation slips to over 2-yr low (13-07-2023)
Stock market live on July 13, 2023: US inflation rose just 0.2 per cent in June over the preceding month and by 3 per cent annually, which was the lowest in over 2 years
Utkarsh Small Finance Bank’s IPO subscribed 4.2x on day 1 of issue (12-07-2023)
The company is issuing fresh shares worth Rs 500 crore in the IPO, which will be used for augmenting the bank’s tier-1 capital base
Brent crude rises above $80/barrel amid signs of tightening supplies (12-07-2023)
Futures rose as much as 0.8% in London, climbing just above $80
Shares of Indian gaming, casino firms drop after 28% GST imposition (12-07-2023)
These companies will now have to pay a 28% tax on the entire amount collected from players, instead of the small tax on the fee they charged for real-money games until now
Sebi to auction 22 properties of Bishal Group, NVD Solar on August 14 (12-07-2023)
Capital markets regulator Sebi on Wednesday said it will auction 22 properties belonging to Bishal Group of companies and NVD Solar on August 14 to recover money illegally collected from investors.
The properties will be auctioned at a reserve price of nearly Rs 37 crore, according to a public notice issued by the Securities and Exchange Board of India (Sebi).
Of the 22 properties, 17 relate to Bishal Group of companies (Bishal Abasan India Ltd, Bishal Distillers Ld, Bishal Agri-Bio Industries Ltd, Bishal Horticulture and Animal Projects Ltd) and five pertain to NVD Solar.
These properties include land parcels, flats and a residential building located in West Bengal.
Inviting bids for the sale of properties in the recovery proceedings against the companies and their promoters and directors, Sebi said the auction will be conducted online on August 14 from 10:30 am to 12:30 pm.
Adroit Technical Services has been appointed as the e-auction service provider.
The regulator has asked
Wipro’s Q1 revenue may slip up to 2.3% QoQ; flat margins likely: Analysts (12-07-2023)
Wipro Q1FY24 preview: According to brokerages, revenue volatility is likely to keep Ebit (earnings before interest and tax) margins range-bound in Q1FY24, pegged between 15.5-16.1 per cent
BSE hits 52-week, surges 13% on heavy volumes (12-07-2023)
The board of directors of BSE Ltd, on July 6, approved a share buyback of up to Rs 375 crore at Rs 816 per share
Stock of this power generation company has zoomed over 8500% since 2021 (12-07-2023)
Thus far in the calendar year 2023, the stock zoomed has 148% as compared to a 7% rise in the S&P BSE Sensex
Premier Explosives zooms 44% in 2 days on Rs 552-cr order win from MoD (12-07-2023)
PEL said it has won contracts worth Rs 292.11 crore from the Indian Air Force for supply of Chaffs, and orders amounting to Rs 260.15 crore for supply of Flares