Sep 20, 2023, 2:56 pm IST
Oil stocks fall up to 3% as rising crude oil prices hover near 10-month highs. Crude oil is around per barrel and analysts predict it may touch 0 soon.
Sep 20, 2023, 1:57 pm IST
Miniratna Stock SJVN Hit Fresh 1-Year High After Signing MoU With PFC
After the company signed a Memorandum of Understanding (MoU) with Power Finance Corporation (PFC) for financial assistance to various diversified portfolios of projects including major Renewable Energy projects and thermal generation projects to be set up at a total project cost of about Rs 1,18,826 Crore, state-owned SJVN shares soared over 9% to hit a new 52-week high of Rs 83.7 in Wednesday's trade on BSE. The financial support for the term loan is currently estimated at 70% of the project cost, however, it may be raised for renewable energy projects depending on the needs of the particular project.
Sep 20, 2023, 1:23 pm IST
Nifty Drops 0.97% Below 19,950 Level, HDFC & IndusInd Bank Top Drags
Benchmark indices for the Indian equity market dropped sharply on Wednesday. Meanwhile, Nifty slips below 19,950 to trade at 19,934.35 level with a downside gap of 1%. The IT, PSU Bank, and Pharma sectors are among the top sectors to trade in the red. Power Grid, Coal India, NTPC, M&M, and Bajaj Finance are among the Nifty Gainers. HDFC Bank, IndusInd Bank, JSW Steel, Britannia, and Reliance Industries are among the Nifty Losers.
Sep 20, 2023, 12:44 pm IST
Digikore Studios' IPO to open on September 25
The IPO of Digikore Studios Limited is scheduled for launch on NSE EMERGE. The IPO is anticipated to start on September 25, 2023, and end on September 27, 2023. A total of 17,82,400 equity shares are included in the IPO, comprising 5,21,600 equity shares that are being offered for sale (OFS) and fresh 12,60,800 equity shares. The range for the IPO's price per equity share is set at Rs. 168 to Rs. 171. Investors are required to bid in lots of 800 shares or more.
Sep 20, 2023, 10:51 am IST
The share price of Adani group stocks including Adani Green Energy, Adani Total Gas, and Adani Enterprises remained in the spotlight on Wednesday on a slew of developments taking place in the Indian conglomerate.
Sep 20, 2023, 10:25 am IST
Nifty is hovering the 20,000 mark and Sensex is down around 0.5%. Finance, FMCG and Private Banks drag the market, while Metal remains stable. HDFC Bank is down more than 2% in early trading.
Sep 20, 2023, 9:40 am IST
Stock Market Live Updates: Dalal Street May See A Bearish Start On Muted Gift Nifty Signals
GIFT Nifty as of Wednesday, September 20, 2023 8:51 AM, on the NSE IX was trading down by 21.5 points, or 0.11%, at 20,078.5, suggesting that Dalal Street is expected to have a sluggish start on Wednesday before the Federal Reserve's highly anticipated rate decision later in the day. The U.S. dollar index, which compares the value of the dollar to a basket of peers, remained mostly static at 105.13 on Wednesday as the dollar's value maintained its recent gains.
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