Nifty50 on Friday fell for the sixth straight day and formed an indecisive Doji candle on the daily chart. On the weekly scale, it formed a long bearish candle. Analysts are unsure whether there could be any recovery from here. The trend remains negative for now, they said. Sameet Chavan of said that the index … Read more
Mumbai: Angel Broking said on Monday it has raised a total of Rs 180 crore from 12 anchor investors ahead of its initial public offering (IPO) on Tuesday. The retail-focused stock broking company raised funds at Rs 306 per share by allotting 58,82,352 shares to investors, with domestic mutual funds grabbing a majority of shares … Read more
NEW DELHI: The initial public offering (IPO) of Chemcon Speciality Chemicals was subscribed 1.58 times on Monday as of 12.04 pm. Out of 65,59,173 shares on offer, the issue had received applications for 1,03,88,356 shares. The retail quota saw huge applications and was fully subscribed within 45 minutes of opening for subscription. Out of 32,83,580 … Read more
MUMBAI: The IPO market is buzzing once again with three initial public offers (IPO) – Computer Age Management Services (CAMS), Chemcon Specialty Chemicals and Angel Broking – opening for subscription next week. All three IPOs are likely to get a good response from the investors following the huge successes of the last three – Rossari … Read more
NEW DELHI: Three months into the ‘Unlocking‘ of India, Covid-19 cases in India have touched a high of 38,53,406. Notwithstanding the improving mobility, key economic indicators have lost momentum of late. Rural India, once considered a safe haven, has also been hit hard, and economists now say there is at least one month more before … Read more
NEW DELHI: Gold and silver prices witnessed dramatic swings this week, thanks to huge demand followed by a bout of profit booking, and this has kept bullion traders on their toes. Analysts are at a loss trying to predict where these precious metals are headed. Gold futures hit a record high at the start of … Read more