Posts in category Business Standard
Birla Corporation consolidated net profit rises 127.59% in the March 2024 quarter (06-05-2024)
Sales rise 7.87% to Rs 2656.43 crore
Golkonda Aluminium Extrusions reports standalone net loss of Rs 0.12 crore in the March 2024 quarter (06-05-2024)
Reported sales nil
Global cues, tax clarification, Gift Nifty: Key triggers for Nifty on May 6 (06-05-2024)
All you need to know before Sensex, Nifty opens for trade on Monday, May 06: Gift Nifty hints at gap-up open; FM dismisses buzz of changes in capital gains tax and Q4 results.
BSE, NSE spar over derivatives markets, lure investors with lower fees (06-05-2024)
The NSE plans to launch options contracts based on key sectoral indices, including the pharmaceutical and IT indices, if it gets the regulatory go-ahead, according to two exchange sources
Stocks to Buy: Here’s why Angel One is bullish on Fortis, Piramal Pharma (06-05-2024)
Stocks picks by Angel One: Fortis Healthcare is in a secular uptrend, hovering above its EMAs (Exponential Moving Average) on the daily time frame chart
Nifty Outlook: Broader mkts participation to boost benchmarks to new highs (06-05-2024)
The benchmark index stayed put on the higher grounds, registering fresh highs, but the intense bout of profit booking on the last day led Nifty to have a subdued weekly closure at 22475, procuring a m
Nifty trading at upper-band levels, nearing breakout: Check key levels here (06-05-2024)
The Nifty 50 Index is currently trading within a short-term range of 22,800 to 21,700. A breakout above or below this range could signal the next directional move for the index
Belstar Microfinance files DRHP with Sebi for Rs 1,300 crore IPO (05-05-2024)
According to the DRHP, the fresh issue of equity shares is worth Rs 1000 crore, and the offer-for-sale (OFS) is Rs 300 crore by existing investors
Indian market has ‘unexplored’ opportunities, says Warren Buffett (05-05-2024)
Billionaire investor Warren Buffett said that the Indian market has unexplored opportunities which his conglomerate holding company, Berkshire Hathaway, would like to explore in the future".
Buffett's remarks came at Berkshire's annual meeting on Friday when Rajeev Agarwal of DoorDarshi Advisors, a US-based hedge fund that invests in Indian equities, asked him about the possibility of Berkshire exploring in India, the world's fifth-largest economy.
It is a very good question. I am sure there are loads of opportunities in countries like India," he said.
The question, however, is whether we have any advantage or insights into those businesses in India or any contacts that will make possible transactions that Berkshire would like to participate in. That is something a more energetic management at Berkshire could pursue, the co-founder, chairman and CEO of Berkshire Hathaway said.
Buffett, 93, said Berkshire has a great reputation around the world. He said, his Japanese experience has
Three firms set to drive primary mkt with Rs 6,400 cr IPO blitz this week (05-05-2024)
The primary market is gearing up for significant activity this week, with three companies -- Blackstone-backed Aadhar Housing Finance, healthcare tech firm Indegene and travel distribution firm TBO Tek -- poised to float IPOs aiming to collectively raise nearly Rs 6,400 crore.
Before that, JNK India garnered Rs 650 crore through its initial share-sale last month.
Since 2004, there hasn't been a single IPO launch during May in the last four general election cycles. Typically, the April to June period during these years has been slow for the primary markets due to election uncertainty, said Mahavir Lunawat, Managing Director, Pantomath Capital Advisors.
However, this trend has changed now with the launch of three mainboard initial public offerings (IPOs) next week.
Samir Bahl, CEO of Anand Rathi Advisors told PTI that the new trend is a positive sign indicating the maturing of the Indian capital markets and confidence in India's long-term growth story irrespective of political ...