stock market news

[ad_1] Radiowalla Network IPO: Subscription for the initial public offering (IPO) of Radiowalla Network Limited opened on 27th March 2024 and will remain open till 2nd April 2024. So, bidding for the NSE SME IPO ends on Tuesday this week. By 2:12 PM on day 3 of bidding, Radiowalla Network IPO subscription status signals a strong response by the primary market investors. Meanwhile, the grey market has remained steady…

[ad_1] Reliance Power shares are in the news these days for sharp upside movement in the last fortnight of FY24. After remaining in the base building mode from January 10, 2024, to March 13, 2024, this Reliance ADAG (Anil Dhirubhai Ambani Group) company is in the news these days for debt reduction and capital infusion by Reliance Commercial Finance. This led to strong buying in Reliance Power shares. After…

[ad_1] K2 Infragen IPO: Subscription for the initial public offering (IPO) of K2 Infragen Limited opened on the last trading session of the financial year 2023-24 i.e. on Thursday in the week gone by. Biding for the SME IPO will remain open in the next financial year till 3rd April 2024. This means the K2 Infragen IPO opened in FY24 on Thursday last week and will end in FY25…

[ad_1] Stock market holidays in April 2024: After the end of a truncated week, the Indian stock market is all set to enter the new financial year on Monday. Monday next week will be the first trade session of FY25. However, at the beginning of a new month and a fiscal, it is important to know that there will be two stock market holidays falling in April 2024. As…

[ad_1] Stocks to buy in FY25: After touching a three-month low in mid-March 2024, the small-cap and mid-cap indices witnessed strong upside in the last fortnight of FY24. This has created a buzz in these segments when the Indian stock market resumes activities in the new financial year. According to stock market experts, after months of underperformance, the small-cap and mid-cap stocks are attracting strong buying interest. However, they…

[ad_1] Stocks to buy now: After witnessing an impressive trend reversal in the last session of the financial year 2023-24, stock market investors are busy finding out the value picks for their portfolio in the new fiscal. As most of the Indian indices are at record high levels, investors are looking at the IT segment as the segment has remained under the sell-off heat for a long time. So,…

[ad_1] Stock market strategy for next week Sumeet Bagadia, Executive Director at Choice Broking believes that fresh buying was witnessed in frontline stocks of the key benchmark indices. The Choice Broking expert maintained that the Nifty 50 index has gained strength and the frontline index is looking set to climb a new peak in the near term. Bagadia said that Nifty today looks set to enter the 22,700 to…

[ad_1] According to commodity market experts, the gold price rally may continue in FY25 as the US Fed is expected to declare three interest rate cuts in 2024. So, there would be three US Fed rate cuts in the first nine months or say first three quarters of FY 2024-25. They said that geopolitical tension, ease in the US inflation, and US dollar rates are expected to fuel MCX…

[ad_1] Canara Robeco AMC IPO: Canara Bank has declared to sell out 13 percent of its shares in its subsidiary mutual fund company Canara Robeco Asset Management Company (AMC). The PSU bank informed Indian stock market exchanges about the decision and said that shares would be sold out through the Canara Robeco AMC IPO (Initial Public Offering). However, approval in this regard from the Reserve Bank of India (RBI)…

[ad_1] Stock market holiday: On account of Good Friday 2024, trading at BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) will remain closed on 29th March 2024 i.e. today. So, the Indian stock market today will remain closed for the entire session and now it will resume trading on Monday at its usual timings. This means, there will be no action taking place at the BSE and NSE.…

[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] GConnect Logitech IPO: The initial public offering (IPO) of GConnect Logitech and Supply Chain Limited has hit the Indian primary market today. It will remain open till 28th March 2024. The company has fixed the GConnect Logitech IPO price band at ₹40 apiece. The fixed price issue is proposed for listing on the BSE SME platform and the company aims to raise ₹5.60 crore from this fixed price…

[ad_1] Given the short week and the monthly expiry of futures, market experts anticipate some volatility, but the Nifty 50, as per analysts, would probably consolidate at higher levels. Furthermore, investors would be busy during this truncated week with US GDP data, other important economic data, and the opening of one mainboard IPO and a few SME IPOs.  Also Read: Holi 2014 to Holi 2024: Nifty 50 zooms over…

[ad_1] SRM Contractors IPO: The initial public offering (IPO) of SRM Contractors Limited is going to hit the Indian primary market on 26th March 2024 i.e. on Tuesday next week. The three days of bidding for the public issue will end on 28th March 2024 i.e. on Thursday next week. Hence, in a truncated week due to the stock market holidays falling on Monday and Friday next week, SRM…

[ad_1] Reliance Power shares have been in an uptrend for the last one week. After bottoming out at around ₹20 apiece level on 13th March 2024, Reliance Power share price finished at ₹26.30 per share level on Friday last week. So, in the last seven straight sessions, this Anil Ambani-backed company’s stock has surged to the tune of over 30 percent. Out of the five sessions in the week…

[ad_1] Stock market strategy for next week In a truncated week in which, stock market holidays fall on Monday and Friday for Holi 2024 and Good Friday 2024 respectively, Sumeet Bagadia, Executive Director at Choice Broking believes that the Nifty 50 index maintaining above the psychological 22,000 is crucial. The Choice Broking expert said that the 50-stock index has support placed at the 21,850 mark whereas it is facing…

[ad_1] Lok Sabha election 2024: After the sell-off on Dalal Street, the Indian stock market investors must be looking for bottom fishing opportunity. For such value investors, Lok Sabha election 2024 is one of the biggest factors and they are looking at all possible stocks that may yield whopping returns in the medium to long term. According to experts, following pre-poll survey outcomes, the Indian stock market has already…

[ad_1] Gold rate today: On account of three interest rate cuts in 2024 by the US Federal Reserve, gold price on the Multi Commodity Exchange (MCX) touched a new high of ₹66,943 per 10 gm last week. However, profit-boking soon triggered and the yellow metal price retraced more than ₹1,000 per gm and ended at ₹65,870 level on Friday. After ending below the ₹66,000 mark, the MCX gold rate…