Crude oil prices traded at their lowest levels since early June on Tuesday, July 30, as worries about demand in China offset the prospect of lower US crude and product inventories. Brent crude fell by 77 cents, or 0.97 per cent, to $79.01 per barrel. US WTI crude was down 66 cents, or 0.87 per…
Ready-to wear clothing manufacturing Kizi Apparels initial public offerings (IPO) opened for subscription on July 30, 2024 and will close on August 1, 2024. The small and medium enterprise (SME) was subscribed over 4.58 times on the first day of bidding. Founded in March 2023, Kizi Apparels Limited specializes in the production and sale of…
US stock indices gained on Tuesday as profit reports keep pouring in from big companies. At the opening bell, the Dow Jones Industrial Average rose 82.2 points, or 0.20%, to 40,622.13. The S&P 500 rose 15.2 points, or 0.28%, to 5,478.73, while the Nasdaq Composite rose 53.9 points, or 0.31%, to 17,424.1. Source link
Capital markets regulator Securities and Exchange Board of India (SEBI) has proposed a series of near-term measures to prevent speculative trading, such as gambling in index derivatives, which include curbing multiple option contract expiries and increasing the size of options contracts. The seven measures suggested by the market watchdog are aimed at curbing market speculation,…
Penny stock Vintron Informatics has emerged as a stellar success story, delivering exceptional returns to its investors over both long-term and recent periods. Its remarkable performance underscores the potential of penny stocks to generate significant value for investors willing to take on the associated risks. Over the last five years, Vintron’s stock price has surged…
I’ve always observed these incidents with a mix of concern and professional interest. Because front-running isn’t a new phenomenon, nor is it unique to any single fund house. This practice, where insiders use advance knowledge of pending orders to trade for their own benefit, has reared its ugly head multiple times in the Indian mutual…
The answer is yes as long as the money is not directly invested in equities. The Union Budget 2024-25 proposed that “retail schemes and exchange-traded funds (ETFs) set up in Gujarat International Finance Tec-City, or GIFT City, will now enjoy tax exemptions along similar lines as available to specified funds”. “Now retail funds in GIFT…
The latest budget has significantly altered the real estate landscape, with diverse impacts across various market segments. Long-term property investors face reduced returns due to the withdrawal of indexation benefits, while first-time homebuyers might benefit from more stable prices. Developers, particularly those in the affordable housing sector, may experience growth despite increased project costs. The…
The initial public offering (IPO) of Aprameya Engineering Limited garnered overwhelming interest and robust subscription. With the bidding period now concluded, investors eagerly wait for the IPO allotment, expected to be finalised today. The SME IPO, valued at â‚ą29.23 crore, opened for subscription on July 25 and closed on July 29, with a price band…
Under the guidance of P.P. Avanti Teerthondwarak Yug Diwakar Khartargachchadhipati Acharya Shri Jinmaniprabhasurishwar Ji M.S., and his followers, P.P. Sadhvi Shri Bahin M.S. Dr. Vidhutprabha Shri Ji M.S., disciple Sadhvi Shri Dr. Neelanjana Shri Ji M.S., and others (group of 3), a special discourse on religious devotion took place on Sunday. Every follower of Jainism…
