The benchmark Nifty index is poised to hit 26,000 for the first time on Tuesday, September 24. As the milestone approaches, market participants are gearing up for a celebration, marking this significant achievement with symbolic gestures like confetti, cake, and possibly even champagne. Market Sentiment: The prevailing market sentiment is bullish, with strong liquidity acting […]
Nifty Nears 26,000 Milestone for the First Time Read More »
A recent study by the Securities and Exchange Board of India (SEBI) has found that 93 percent of individual traders in the equity futures and options (F&O) segment incurred significant losses between FY22 and FY24. Over this three-year period, the total losses amounted to more than ₹1.8 lakh crore, with the average individual trader losing
SEBI Report Reveals 93% of Individual F&O Traders Faced Losses Between FY22 and FY24 Read More »
Shares of PSP Projects Limited jumped over 5 percent to Rs 709 on September 23 after the company announced new work orders worth Rs 555 crore across multiple sectors. According to the company’s exchange filing, the major projects include the construction of the Gold Stone Hotel and Commercial Towers in Bengaluru, valued at Rs 389.29
PSP Projects Shares Surge 5% on Securing Rs 555 Crore Work Orders Read More »
Shares of NBCC (India) climbed 2.5 percent on September 23 following the company’s announcement of a Rs 1,261 crore order win from the Ministry of Health and Family Welfare. The contract is for establishing the All India Institute of Medical Sciences (AIIMS) in Darbhanga, Bihar. At 1:31 pm, NBCC shares were trading at Rs 177.50
NBCC India Shares Gain 2.5% After Securing Rs 1,261 Crore AIIMS Darbhanga Project Read More »
SpiceJet shares jumped 6 percent to Rs 70 on September 23, rebounding after four days of decline. This surge follows the airline’s board approval to issue and allot 48.7 crore shares to qualified institutional buyers (QIBs) at Rs 61 per share. The move comes as part of SpiceJet’s larger plan to raise up to Rs
Shares of KEC International surged 4 percent to Rs 975 in morning trade on September 23 after the company announced new order wins totaling Rs 1,003 crore across its railways, civil works, and cables business segments. KEC International secured a contract for a tunnel ventilation system and related works in India in its railways division.
KEC International Shares Jump 4% After Securing Rs 1,003 Crore in New Orders Read More »
On September 23, shares of Adani Total Gas soared over 6 percent after the company secured $375 million in funding from global lenders to expand its city gas distribution (CGD) business. The joint venture between Adani Group and France’s TotalEnergies announced that this is the largest global financing initiative for the CGD sector. The $315
Adani Total Gas Rises 6% After Securing $375 Million for City Gas Expansion Read More »
Barclays Capital is set to assist the Hinduja Group in raising around Rs 4,300 crore (approximately $515 million) through high-yield rupee bonds, according to a report by Mint. This funding marks the second phase of Hinduja’s efforts to finance its acquisition of the bankrupt Reliance Capital. The deal, however, hinges on regulatory approvals from the
SpiceJet announced on Saturday that its board has approved the issuance and allotment of 48.7 crore equity shares to qualified institutional buyers at an issue price of Rs 61.60 per share. This price includes a premium of Rs 51.60 per share, with a slight discount of Rs 3.19 per share to the floor price, amounting
SpiceJet Approves QIP Allotment of 48.7 Crore Shares at Rs 61.60 Each Read More »
According to a report from The Wall Street Journal, Qualcomm is reportedly exploring a potential acquisition of Intel. Qualcomm, which recently made its foray into PC processors, has approached Intel about a takeover, though the deal is described as “far from certain” and would likely face significant regulatory challenges. Intel, once a dominant player in
Qualcomm Reportedly Eyeing Intel Acquisition Amidst Struggles at Intel Read More »
