The company reported lower capacity utilisation sequentially at 90% in Q2 on account of unplanned shutdown at Bihar facility
The rupee surged 12 paise to 74.33 against the US dollar in opening trade on Monday as a firm trend in domestic equities and easing crude oil prices boosted investor sentiments.
Shares of PB Fintech Ltd, which operates online insurance platform Policybazaar and Paisabazaar, listed with a premium of over 17 per cent against its issue price of Rs 980 on Monday.
The stock listed at Rs 540, a 0.37 per cent discount over its issue price of Rs 542 per share, on the BSE
At 10:09 am; the stock was locked at the maximum 5 per cent upper circuit at Rs 603.75, a 270 per cent jump over its issue price of Rs 163 per share
A rallying stock market helped spur multiple technology unicorns to list in India this since January, with proceeds raised in new-share sales at over $12 billion, already a record for a full-year.
The stock listed at Rs 1,150, a 17 per cent premium over to its issue price of Rs 980 per share on the BSE.
Led by a sharp rise in commodity prices, especially crude oil, and supply-side issues, most economies across the globe have been battling rising inflation over the past few months
The earnings season has almost come to an end, going forward individual stocks will react to corporate developments and broader market trend
Both the stocks seem to have bottomed out and select indicators on the charts have turned favourable for these stocks, says the technical analyst from Prabhudas Lilladher
The People's Bank of China said it was keeping the rate on 1 trillion yuan worth of one-year medium-term lending facility loans to some financial institutions steady at 2.95% from previous operations.
In Delhi, the rate of 24-carat gold stands at Rs 52,420 and in Mumbai it is Rs 49,290. The price of ten gram of 22-carat gold in Delhi and Mumbai is at Rs 48,050 and Rs 48,290.
Last week, the 30-share BSE benchmark jumped 619.07 points or 1.03 per cent.
Volume growth, amid soft rural demand, is also a key monitorable
Fed policy action will have a bearing on risk assets and global liquidity, says Amit Tripathi
CLSA, Goldman Sachs latest to highlight concerns
The schemes returned 0.2 per cent on average - worse than the 0.3 per cent generated by the benchmark
Market watchers say traders have mounted bullish bets on optimism that the index will touch 18,400
Stock markets will focus on global trends for further direction in this holiday-shortened week as the earnings season is largely over, analysts said.
The scheme was launched by Prime Minister Narendra Modi on Friday