[ad_1] Mining conglomerate Vedanta Limited raised ₹8,500 crore (over USD 1 billion) through Qualified Institutions Placement (QIP) of 19.31 crore equity shares at an issue price of ₹440 per share, according to a stock exchange filing by the company. The issue, which closed on July 19, implied a discount of 4.61 per cent to the…
[ad_1] Today, India is among the most valued stock markets in the world. India’s total Mcap is ₹450 trillion, the 4th largest in the dollar term, being valued at a Mcap/GDP ratio of 150% based on FY24 nominal GDP (current price) of ₹300 trillion (estimated). The nominal GDP is forecast to grow by 11% in…
[ad_1] Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch on Friday said the surge in futures and options (F&O) trading volume has become a macro issue, according to a report. “F&O volume surge has now become a macro issue and not just a micro issue of investor safety,” a PTI report quoted…
[ad_1] Despite a sharp sell-off seen across sectors on Friday as investors became cautious ahead of the Union Budget (2024-2025), Indian markets managed to end this week on a positive note, marking their seventh consecutive week of gains. The Nifty 50 closed today’s session down by 1.10% at 24,530 points, although it reached a new…
[ad_1] Infosys share price: Shares of India’s second-largest IT firm, Infosys, jumped nearly 5 per cent to hit a fresh 52-week high of ₹1,843 in early trade on BSE on Friday, July 19, a day after the company reported a better-than-expected April-June quarter (Q1FY25) scorecard. Infosys share price opened at ₹1,842.05 against its previous close…
[ad_1] Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open on a cautious note Friday tracking losses in global markets. Asian markets traded lower, while the US stock market ended sharply in the red overnight dragged by losses in tech stocks. On Thursday, the Indian stock market benchmark…
[ad_1] Zerodha users can now trade commodities using their existing equity account balance, without the need of maintaining a separate commodity account, Founder and CEO Nithin Kamath said. In a post on X, Kamath said this was a “legacy issue” that took the company a long time to address. He also informed that with Zerodha…
[ad_1] The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open flat on Thursday amid weak global market cues. The trends on Gift Nifty indicate a mildly positive start for the Indian benchmark index. The Gift Nifty was trading around 24,665 level, a premium of nearly 25 points from the Nifty…
