IOC closed on a strong note in the last session and is currently hovering between its short and medium exponential moving averages on the daily chart
Investments in supply chain, technology and network expansion are key positives
Almost 75-80 per cent of our customers are under 35 years in age, largely first-time investors and come from tier-2 and tier-3 cities, he said.
Views follow a stellar response to India's first unicorn IPO by food delivery company Zomato, which was subscribed nearly 40 times
Zomato's listing was initially scheduled for July 27. However, investment banks managed to complete share allotment and listing formalities ahead of deadline
Analysts said though markets are concerned about the delta variant the availability of more vaccines is reassuring
Major economic reforms in the early 1990s changed the face of the Indian economy
Net proceeds from fresh issue amounting to Rs 2,000 cr will be used to boost company's solvency levels and capital
The futures contract was designed jointly with SUFI keeping in mind the industry participants needs and participation, the exchange said in a statement
Markets regulator Sebi on Thursday said all complaints received by emerging investment instruments REITs, InvITs will have to be disclosed on their websites, to stock exchanges in a prescribed format.
Investors' wealth jumped Rs 2,93,054.25 crore on Thursday as markets returned to winning ways after falling for three straight sessions.
Tech Mahindra, Bajaj Finance, Bharti Airtel and Bajaj Finserv were the top Sensex gainers. On the other hand, HUL, Asian Paints, Bajaj Auto and M&M were the four losers
In the grey market, Zomato shares are available at a premium of Rs 23, up Rs 2 from its GMP of Rs 21 yesterday
Retail investors' interest in the Indian securities market has sharply increased to an average of 2.45 mn Demat accounts opened per month during April-June, Sebi chief Ajay Tyagi said on Thursday.
The rupee strengthened against the US currency for the second straight session on Thursday, closing 15 paise higher at 74.46 (provisional) amid a rally in the domestic stocks.
Signs of a strong corporate earnings season lifted demand for risky equities
Airtel said it has simplified its Postpaid plans to offer industry leading data benefits backed by a 5G ready network and superior digital-first customer care
Earnings before interest, tax, depreciation and amortisation grew 8 per cent YoY to Rs 2,847 crore as against Rs 2,644 crore
The company would receive cash consideration estimated at about Rs 150 crore upon the closure of transaction and thus, will fully recover the capital employed in the business
Shares of Gland Pharma on Thursday jumped nearly 8 per cent after the company reported an 11.83 per cent increase in its consolidated net profit for the quarter ended June 30, 2021