In response to the Securities and Exchange Board of India’s (SEBI) directive to increase the lot size of derivatives contracts to a minimum value of ₹15 lakh, the National Stock Exchange (NSE) has raised the lot sizes for its five key index derivative contracts. The change will impact the Nifty50, Nifty Bank, Nifty Financial Services, … Read more
22 August 2024, Mumbai – The National Stock Exchange (NSE) closed on a positive note today, with the Nifty 50 index gaining 49.35 points, or 0.2%, to end at 24,819.55. The session was marked by moderate volatility as investors navigated mixed performances across key sectors such as IT, pharma, and banking. The pharma sector led … Read more
August 21, 2024 The initial public offering (IPO) of Broach Lifecare Hospital Limited has seen overwhelming demand, being subscribed a staggering 657.81 times by investors. The IPO, which opened for subscription recently, garnered significant interest across all investor categories, reflecting strong confidence in the company’s future prospects. Subscription Details Qualified Institutional Buyers (QIBs): The QIB … Read more
August 21, 2024 – The Indian stock market witnessed a modest rise, with both the Nifty 50 and Sensex closing in positive territory, driven by strong performances in the pharmaceutical and consumer sectors. The Nifty 50 index rose by 0.29%, ending the day at 24,698.85. The benchmark index fluctuated throughout the session, reaching a high … Read more
New Delhi, August 21, 2024 — In a significant move towards promoting sustainable energy sources, the Indian government, led by Prime Minister Narendra Modi, has given a decisive green signal to boost ethanol production across the country. This decision is a cornerstone of the government’s ambitious plan to reduce dependency on fossil fuels and achieve … Read more
August 16, 2024 — In the wake of a massive global market sell-off earlier this month and the ongoing BRICS de-dollarization efforts, one finance expert is sounding the alarm over what could be the “biggest market crash in world history.” Robert Kiyosaki, the renowned author of “Rich Dad Poor Dad,” has expressed grave concerns about a … Read more
August 16, 2024 — In the wake of a massive global market sell-off earlier this month and the ongoing BRICS de-dollarization efforts, one finance expert is sounding the alarm over what could be the “biggest market crash in world history.” Robert Kiyosaki, the renowned author of “Rich Dad Poor Dad,” has expressed grave concerns about a … Read more
New Delhi, Aug 13 (Live8040) – Aditya Birla Group’s flagship company Hindalco Industries Limited announced a significant 25% increase in its consolidated net profit for the April-June quarter of the current financial year, reaching Rs 3,074 crore. The company attributed this robust performance to strong operational efficiencies and favorable market conditions. Key Financial Highlights Hindalco’s … Read more
New Delhi, Aug 13 (Live8040) – Aditya Birla Group’s flagship company Hindalco Industries Limited announced a significant 25% increase in its consolidated net profit for the April-June quarter of the current financial year, reaching Rs 3,074 crore. The company attributed this robust performance to strong operational efficiencies and favorable market conditions. Key Financial Highlights Hindalco’s … Read more
Market: The Japanese stock market surged 11.90% today, recovering from a dramatic 12% plunge experienced just a day earlier. The sharp recovery reflects a surge in investor confidence and a bullish sentiment sweeping across global markets. A Remarkable Rebound The previous day’s crash sent shockwaves through the financial community, leading to concerns about market stability … Read more
