NLC India share price in focus on May 20: NLC India share price jumps 9% in early trade on Tuesday, May 20, reaching â‚ą257.90 apiece, following the release of the company’s March quarter numbers, which came in line with analysts’ estimates. The company, on Monday post-market hours, reported a net profit of â‚ą468.46 crore —…
Borana Weaves IPO: Textile manufacturer Borana Weaves will commence its public subscription today, Tuesday, May 20. Borana Weaves IPO on May 19, secured â‚ą65.2 crore from 11 institutional investors through an anchor book, a day prior to the issue opening, according to reports. The public offering will close on Thursday, May 22. Considering Borana Weaves…
Stocks to buy under â‚ą100: Following weak global market sentiment, heightened volatility, and a sharp sell-off in IT stocks, the Indian stock market ended lower on Monday. The Nifty 50 index finished 74 points lower at 24,945. The BSE Sensex ended 271 points down at 82,059. However, the Bank Nifty index gained 65 points and…
KOSPI rises, foreigners net buyers Korean won weakens against dollar South Korea benchmark bond yield falls SEOUL, – Round-up of South Korean financial markets: ** South Korean shares rose on Tuesday, tracking overnight gains in Wall Street, but battery makers fell. ** The benchmark KOSPI was up 8.80 points, or 0.34%, at 2,612.22 as of…
Two stock recommendations for today by MarketSmith India GAIL (India) Ltd (current price: â‚ą189.48) Why it’s recommended: Investment in renewable energy, international expansion, strong financial performance Key metrics: P/E: 10.20 | 52-week high: â‚ą 246.30 | Volume: â‚ą274 crore Technical analysis: Holding above all key moving averages, bullish flag continuation Risk factors: Pressure on profit…
LONDON, May 19 (Reuters) – Central bank body the Bank for International Settlements has flagged a possible scramble for dollars could be triggered if whipsawed investors begin to unwind positions in the $113 trillion FX swap market amid U.S. volatility. The BIS recently estimated that funds and other non-bank financial firms had more than $80…
(Bloomberg Opinion) — With mainstream investment products increasingly finding a second home on the blockchain, it’s a good time to ask what role central banks would play if everything they have learned while policing double-entry bookkeeping over the last 350 years becomes irrelevant. The techno-anarchist vision behind cryptocurrencies like Bitcoin was to free the financial wellbeing of individuals from the clutches of large…
Mumbai:The Reserve Bank on Monday said it has cancelled the licence of Lucknow-based HCBL Co-operative Bank as the lender does not have adequate capital and earning prospects. Consequently, the bank ceases to carry on banking business, with effect from the close of business on May 19, the Reserve Bank of India (RBI) said in a…
Penny stock, Non-banking financial company (NBFC), Standard Capital Markets on Monday, 19 May 2025, announced that the board of directors has approved the allotment of equity shares to non-promoters as a conversion of outstanding loans, according to the exchange filing. The company allocated 72,45,74,640 equity shares with the face value of Re 1 apiece for…
New Delhi: The government has eased compliance for stock and commodity market brokers by providing clarity on investments that do not involve client money. The Department of Economic Affairs (DEA), ministry of finance has amended Rule 8 of the Securities Contracts (Regulation) Rules, 1957 to clarify that any investments made by a member (broker) shall…
