Markets

[ad_1] Stock exchanges are set to launch the same-day transaction settlement (or “T+0”) beta version for a select few cash segment stocks starting today ( Thursday, March 28).  The T+0 settlement will occur concurrently with the current T+1 settlement cycle. Presently, the market is considering same-day transaction settlement within a year after fully embracing the T+1 cycle. Sellers under the present T+1 system may only get 80% of their cash on…

[ad_1] Stocks To Watch on March 28: Indian markets showed strength amid mixed global cues and gained over half a percent on Wednesday. In today’s trade, shares of JSW Energy, IDFC First Bank, Zydus Life, Alkem Labs, Tata Elxsi among others will be in focus due to various news developments. Bharat Heavy Electricals, Adani Power: The state-owned company has secured a contract from Adani Power to establish the 2×800 MW…

[ad_1] The 30-share BSE Sensex ended higher by 526.01 points or 0.73 per cent at 72,996.31 level while the Nifty 50 closed at 22,123.65 level, up 118.95 points or 0.54 per cent. Analysts said that the recent upward revision in India’s GDP growth forecast by both Moody’s and S&P Global rating agencies uplifted the sentiments. Inflows amounting to ₹50,000 crore by domestic institutional investors (DIIs) in March added to…

[ad_1] Oil prices were broadly stable on Wednesday, March 27, after US crude stockpile rose lesser than expected and also dragged by indications that the Organization of Petroleum Exporting Countries (OPEC) is unlikely to change its output policy at its technical meeting next week. Crude prices have retreated since hitting last week to their highest levels since October and remain about three per cent above the average closing price…

[ad_1] Gold Prices Today: Gold prices extended gains on Wednesday, March 27, as investors awaited US inflation data that will throw further light on the US Federal Reserve’s policy path after the central bank kept interest rates unchanged for the fifth straight meeting this month. Spot Gold Prices At 9:53 am EDT (1353 GMT), spot gold was up 0.6 per cent at $2,191.88 per ounce, while US gold futures…

[ad_1] SRM Contractors IPO subscription status: After a positive response on the first day of issue, bidders remain invested in SRM Contractors IPO on the second day. The issue received favourable responses especially from non-institutional investors (NIIs), with their portions booked the highest among all groups of investors on Wednesday, March 27. On Day 2, the overall SRM Contractors IPO subscription status was 9.71 times, as per NSE data.…

[ad_1] Maruti Suzuki Share Price Today: Shares of India’s largest car manufacturer were locked at over three per cent upper circuit to hit a 52-week high mark of ₹12,724.95 apiece on the BSE earlier today as the firm’s market capitalisation (Mcap) breached ₹4 lakh crore-mark in intra day trade. On Wednesday, March 27, shares of Maruti Suzuki opened at ₹12,265.05 and gained 3.74 per cent to hit a 52-week…

[ad_1] 10 key things to know from RHP before subscribing (1).SRM Contractors IPO details SRM Contractors IPO that opened for subscription on Tuesday, the 26th of March will remain open for subscription till Thursday, the 28th of March 2024. The SRM Contractors IPO pricing range has been set by the construction company at ₹200 to ₹210 per equity share of face value of ₹10. The book construction issue will…

[ad_1] At present, SVG Business Trust holds 99.9 per cent stake in P N Gadgil Jewellers. (Representative image) Jewellery retail chain P N Gadgil Jewellers has filed preliminary papers with Sebi to raise Rs 1,100 crore through an IPO Jewellery retail chain P N Gadgil Jewellers Ltd has filed preliminary papers with capital markets regulator Sebi to raise Rs 1,100 crore through an initial public offering (IPO) to fund…

[ad_1] The rupee declined by 7 paise to close at 83.36 (provisional) against the U.S. dollar on March 27, tracking a strong American currency against major rivals overseas and weak Asian peers. File. | Photo Credit: R. Ragu The rupee declined by 7 paise to close at 83.36 (provisional) against the U.S. dollar on March 27, tracking a strong American currency against major rivals overseas and weak Asian peers.…

[ad_1] Stock market today: Domestic equity benchmark indices, the Sensex and Nifty 50, finished Wednesday’s trading session higher driven by heavyweights  Reliance Industries (RIL), auto, private bank, and realty stocks. The 30-share BSE Sensex ended higher by 526.01 points or 0.73% at 72,996.31 level while the Nifty 50 closed at 22,123.65 level, up 118.95 points or 0.54%. (more to come) Milestone Alert! Livemint tops charts as the fastest growing…

[ad_1] Radiowalla Network IPO: The initial public offering (IPO) of Radiowalla Network Limited hit the Indian primary market today. The SME IPO will remain open till 2nd April 2024 i.e. till Tuesday next week. The radio service provider company has fixed the Radiowalla Network IPO price band at ₹72 to ₹76 per share. The company aims to raise ₹14.25 crore from this initial offer, which is completely fresh. The…

[ad_1] Last Updated: March 27, 2024, 12:50 IST TAC Infosec offers risk-based solutions for vulnerability management and assessment, cyber security quantification and penetration testing in a SaaS model. Vijay Kedia-backed Tac Security, India’s 1st cybersecurity IPO, opens: Know key details before subscribing The initial public offering (IPO) of Vijay Kedia-backed TAC Infosec is open for subscription now. Investors can subscribe to the SME issue until Tuesday, April 2, 2024.…

[ad_1] On Tuesday, March 26, TAC Infosec IPO raised ₹8.55 crore from the sale of 8.06 lakh equity shares at ₹106 apiece from its anchor investors. The anchor book was subscribed to by marquee investors such as LC Radiance Fund VCC, Zinnia Global Fund PCC – Cell Dewcap Fund, Astorne Capital VCC, Beacon Stone Capital VCC – Beacon Stone I, and NAV Capital VCC – NAV Capital Emerging Star…

[ad_1] Share brokers watching the movement of stock prices. | Photo Credit: PTI Benchmark equity indices Sensex and Nifty rebounded in early trade on Wednesdauy, March 27, 2024,. supported by buying in index majors Reliance Industries and Maruti. The 30-share BSE Sensex climbed 270.18 points to 72,740.48 in early trade. The NSE Nifty went up by 87.35 points to 22,092.05. From the Sensex basket, Reliance Industries, Maruti, NTPC, Tata…

[ad_1] Last Updated: March 27, 2024, 09:57 IST Sensex Today: Indian Equity benchmark indices were seen holding steady gains in Wednesday’s intra-day trade amid mixed cues from global peers. The S&P BSE Sensex opened 222 points higher at 72,692, and was seen quoting with a gain of 175-odd points around 72,650 levels. The NSE Nifty 50 was up 64 points at 22,069. Reliance was the top mover among the…

[ad_1] Shares of ABB India jumped 6.60% in today’s early trade to touch a new all-time high of ₹6319.55 apiece after the global brokerage firm UBS, in its latest, lifted the target price on the stock to ₹7,550 apiece from an earlier price target of ₹5,380. (More to come.) Milestone Alert! Livemint tops charts as the fastest growing news website in the world 🌏 Click here to know more.…

[ad_1] Last Updated: March 27, 2024, 08:04 IST Stocks To Watch On March 27: Equity indices declined on Tuesday, snapping their three-day gaining streak amid mixed global trends. In today’s trade, shares of Angel One, CDSL, Apollo Pipes, Cipla, Aster DM Healthcare among others will be in focus due to various news developments. Aster DM Healthcare: Private equity firm Olympus Capital Asia plans to sell a 9.8 per cent…