Interestingly, between 2008-09 and 2019-20, the ratio going past 100 per cent was a rarity
Upsides may be limited given the sharp rerating for the stock since March
These firms are yet to announce the launch date of their IPOs and are waiting for the right time to float their issues as current market conditions are challenging, merchant bankers said
Global cues will be important as geopolitical concerns are rising whereas both domestic and global macro numbers will play an important role, says an analyst
After turning net buyers last month, foreign investors continued their positive stance on Indian equities and invested over Rs 14,000 crore in first week of August amid softening of the dollar index
Eight of the 10 most valued firms together added Rs 98,234.82 crore in market valuation last week, with IT majors Infosys and TCS emerging as the biggest gainers amid a positive momentum in equities
Initially, the new system will be applicable only for companies that are part of Sensex and the Nifty
The FPI Advisory Committee (FAC) will be chaired by KV Subramanian, and consists of 14 other members representing foreign banks, stock exchanges depositories and the RBI
SBI Q1 Results: Projections on the quantum of decline in net profit vary widely across brokerages as they see a sequential slide anywhere between 7 per cent and 51 per cent
The 30-share BSE benchmark climbed 227.89 points to 58,526.69 in early trade. The broader NSE Nifty advanced 64.35 points to 17,446.35
The US Fed raised the target range for the federal funds rate by another 75 bps to 2.25-2.50 per cent in its July meeting. The FOMC statement has downgraded its assessment of the economic situation
A rise of one basis point in the 10-year bond yield corresponds to a fall of roughly 7 paise in price
'Regulator has a duty to act fairly', says apex court in order that gives relief to the company
CLOSING BELL: While an in-line repo rate hike of 50 basis points gave ammunition to the bulls, bears tried to drag the indices as inflation projections were maintained for fiscal 2022-23 (FY23)
In the past one month, it has gained 16 per cent, as compared to a 10 per cent rise in the S&P BSE Sensex
The stock rallied 12 per cent to hit a record high of Rs 1,254.60 on Friday's intra-day trade. That apart, the stock bounced back 70 per cent from its June 21, 2022, low of Rs 736.30.
Manappuram Finance has so far on Friday post RBI rate hike has logged its biggest intra-day gain this year, the stock along with DLF, SBI and Bajaj Auto can rally up to 14 per cent in the near term.
Nifty Bank, Nifty Financial Services, Nifty PSU Bank, Nifty Private Bank and Nifty Realty indices gained up to 1%
Karur Vysya Bank gained 4 per cent to Rs 63.35 in intra-day trade on Friday to hit its highest level since December 2019
The management commentary suggests Q2FY23 to be weak (QoQ decline) due to sluggish demand prospects in Europe and US.