Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic headline indices opened flat on Tuesday morning, moving between gains and losses.
Naukri.com’s parent company, Info Edge, the selling shareholder of Zomato has trimmed the stake it plans to offload by half, which may reduce the overall issue size.
HDFC Bank share price is down more than 6% since the end of February this year when the stock reached a fresh 52-week high of Rs 1,650 apiece.
Bulls look to be in control yet again on Dalal Street, pushing the benchmark indices higher for the third day straight.
Given factors such as steady growth in topline and bottomline, stable margins, robust return ratios, healthy order book, lower debt ratios, and attractive valuations, we remain positive on the prospects of this issue,” INDmoney said in a report.
The company also has a strong balance sheet, with lower Debt/ Equity and higher interest coverage ratio as compared to peers.
IndiGo, Spicejet and other airline share prices surged up to 5 per cent on BSE on Tuesday, a day after the Ministry of Civil Aviation raised the flight capacity allowance to 65 per cent.
Range for the day 74.10 to 74.60 with imports to be covered at 74.10-15 while exports to wait for covering at 74.50 and above,” said Anil Kumar Bhansali, Head of Treasury, Finrex Treasury Advisors.
After rising earlier, Info Edge shares slipped into the negative territory to trade at Rs 5,420 per share.
The Pre-IPO Fund will target a range of India focused late-stage new-age businesses with a strong moat of technology.The fund had initially targeted a corpus of Rs 1,000 crore, which was oversubscribed within three months of launch.
Clean Sciences and Technology’s Rs 1,546 crore initial public offering by existing investors, including promoters of the company and does not involve a fresh issue.
The bias is on the upside and any dip or intraday correction can be utilized to buy this market,” said Manish Hathiramani, Proprietary Index Trader and Technical Analyst, Deen Dayal Investments.
Most bears are fully invested because the usual triggers for a sharp correction – persistent inflation, hawkish Fed, signals of imminent recession – are absent.
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold prices today in India were trading at a two-week high, on the back of international rates on a subdued dollar.
Trends on SGX Nifty were negative, as Nifty futures were trading 24 points or 0.15 per cent down at 15,839.50 on Singaporean Exchange.
The outperformance was clearly visible in banking stocks, which led the Bank Nifty to surpass its major Call base of 35000.
Farmers have received a record Rs 84,369 crore in their bank accounts for the wheat they sold to the government procurement agencies led by the Food Corporation of India mechanism this time around.
The strategy should be to buy on dips around 15760/15710 levels or if the market is closing above the levels of 15930,” said Shrikant Chouhan, Executive Vice President, Equity Technical Research, Kotak Securities Ltd.
Amazon founder Jeff Bezos stepped down as CEO on Monday, handing over the reins as the company navigates the challenges of a world fighting to emerge from the coronavirus pandemic.
Bank Nifty saw maximum addition at 35,000 puts Broad-based participation was seen yesterday after many sessions along with sustenance at higher levels.
“The upmove of Monday seems to have confirmed the bullish reversal of Friday and one may expect upmove towards 15900 levels or higher in the next 1-2 sessions.
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: The price of Petrol was left unchanged today after two consecutive hikes in the previous days.
Nifty futures were trading 44.50 points or 0.28 per cent lower at 15,819 on Singaporean Exchange, indicating a gap-down opening for BSE Sensex and Nifty 50 on Tuesday.
Q1FY22 earnings season which would kick start this week with TCS results on 8th July would also provide the direction to the market and lot of stock specific action could be seen.
The initial public offer Ltd, according to draft red herring prospectus.