Markets

Rekha Jhunjhunwala portfolio: Federal Bank shares are one of those Rekha Jhunjhunwala stocks that has delivered starggering returns to its shareholders after bottoming out during Covid-19 sell off. In post-Covid rebound, this banking share has risen from around ₹37.50 to ₹150 apiece levels in last three years, delviering a whopping 1500 per cent rise in this time. However, it seems that there is still some steam left in the…

Marco Cables share price listed on NSE SME at a premium on Thursday. On NSE SME, Marco Cables & Conductors Limited share price today was listed at ₹38.70 per share, 7.5% higher than the issue price of ₹36. Following a tepid listing, Marco Cables share price was locked in 5% upper limit on Thursday. Marco Cables share price touched intraday high of ₹40.60 and low of ₹37.05. “Exciting news!…

Image for representational purpose only. | Photo Credit: V.V. Krishnan The rupee edged up 1 paisa to 83.21 against the U.S. currency in a restricted trade on September 28 amid gains in domestic equities. The Indian currency was almost trading flat in the early session as gains from firm domestic stocks were offset by a rise in crude oil prices and the U.S. dollar index remaining above the 106-mark…

Reported By: Mohammad Haris Last Updated: September 28, 2023, 11:05 IST JSW Infrastructure IPO Stock Market JSW Infrastructure IPO: The JSW Group company’s IPO receives bids for 5,09,32,86,660 shares against 13,62,83,186 shares on offer on the final day of bidding JSW Infrastructure IPO: The initial public offering (IPO) of JSW Infrastructure, which opened for public subscription on September 25 and closed on September 27, was subscribed 37.37 times on…

Yatra Online listing date: Yatra Online share price listed on the bourses at a discount on Thursday. On the NSE, Yatra Online share price today was listed at ₹127.50 per share, 10.2% lower than the issue price of ₹142, and on the BSE, Yatra Online share price was listed at ₹130 per share. “Exciting news! Mint is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and…

The Multi Commodity Exchange (MCX) is set to implement new commodity derivatives platform on October 3, 2023. The commodity exchange of India established in 2003 has made an official announcement in this regard and said that mock session ahead of the commodity derivative platform launch has been fixed on 2md October 2023. MCX made an announcement in regard to new commodity derivative platform launch citing, “In terms of the…

On the last day, Adani Power’s open price was ₹378.05 and the close price was ₹377.45. The stock reached a high of ₹378.85 and a low of ₹373.45. The market capitalization of Adani Power is ₹144,750.92 crore. The 52-week high for the stock is ₹410 and the 52-week low is ₹132.55. The BSE volume for Adani Power was 290,063 shares. Disclaimer: This is an AI-generated live blog and has…

Buy or sell stocks for today: After recovering from early morning sell off, Indian stock market ended higher on Wednesday. Nifty 50 index finished 51 points higher at 19,716 levels whereas BSE Sensex gained 173 points and closed at 66,118 mark. However, Bank Nifty index ended 35 points lower at 44,588 mark. Broad market indices rose more than the Nifty even as the advance decline ratio rose to 1.31:1.…

Global markets extended the sell-off  on Wednesday, as crude oil prices and US treasury yields climbed. Across the global markets, investors’ mood was gloomy as they fretted over the possibility of major central banks holding interest rates higher for a prolonged period. US stocks On Wall Street, the US stock markets closed mixed amid worries over interest rates to remain high for a longer period. A possible shutdown has…

A total of two stocks have been put under the ban for trade on Thursday, September 28, 2023 under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as it crossed 95 per cent of the market-wide position limit (MWPL), according to the NSE. However, the stock will be available for trading in the cash…

Bulk Deals Today: SBI offloads stake in MSPL Steel & Power; Signature Global, Westlife Foodworld exchange hands   THIS COPY IS BEING UPDATED “Exciting news! Mint is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest financial insights!” Click here! Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News…

Tyre stocks have been on a roll. Shares of Apollo Tyres Ltd, MRF Ltd, JK Tyre & Industries Ltd, Ceat Ltd and Balkrishna Industries Ltd have gained about 36-71% over the past one year. Tyre companies had hiked prices and input costs were softening, which together meant a sharp expansion in margins. But now, the outlook on both factors has turned adverse. “If oil prices continue to rise, then…

Saakshi Medtech and Panels IPO Subscription Status: The initial public offering (IPO) of electrical panel manufacturer received a strong response from investors on the third and last day of its issue. Saakshi Medtech and Panels IPO has been subscribed 91.67 per cent on Wednesday, September 27. The small- and medium-sized enterprise (SME) IPO opened for subscription on Monday, September 25 and closed today. The company had reserved 18.99 per…

Foreign institutional investors (FIIs) continued their selling streak even as Sensex and Nifty snapped their six-day losing streak on Wednesday, September 27, on strong macroeconomic indicators. The domestic institutional investors (DIIs) turned net buyers again and invested ₹386 crore in Indian stocks today. As per the NSE data, FIIs cumulatively bought ₹9,575.17 crore of Indian equities, while they sold ₹9,929.52 crore — resulting in an outflow of ₹354.35 crore…

At the interbank foreign exchange, the rupee opened at 83.23 and traded in a narrow range of 83.18 to 83.24 against the U.S. dollar. It finally settled at 83.22 (provisional). File | Photo Credit: The Hindu The rupee on Wednesday staged a recovery after two days of steep losses to end 6 paise higher at 83.22 (provisional) against the U.S. dollar on positive cues from domestic equity markets. However,…

The Nasdaq Composite index has emerged as the top-performing index of 2023, gaining over 33 per cent in the first six months, closely followed by the Nikkei 225 index.    THIS COPY IS BEING UPDATED “Exciting news! Mint is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest financial insights!” Click here! Catch all the Business News, Market News, Breaking News…

Stock brokers watch the markets at a brokerage in Kolkata. | Photo Credit: ANI Benchmark equity indices Sensex and Nifty rebounded from early lows to settle higher on Wednesday (September 27) following buying in Reliance Industries, Larsen & Toubro and ITC and positive trends in Asian and European markets. The 30-share BSE Sensex rose by 173.22 points or 0.26% to settle at 66,118.69. The index opened lower and fell…

Stock Market Today: Domestic equity benchmarks Sensex and Nifty recouped losses snapping a six-day losing streak and settled higher on Wednesday, September 27 on resilient macroeconomic indicators. The Nifty 50 closed at 19,728.25, up 63.55 points, or 0.32 per cent. The 30-share BSE Sensex closed 173 points, or 0.26 per cent, higher at 66,118.69.   THIS COPY IS BEING UPDATED “Exciting news! Mint is now on WhatsApp Channels 🚀…