Markets

Demand for Indian rice to remain robust this season, say exporters

Rao said China continues to buy from India. Last year China bought one million tonne, and the orders could be repeated this year. Bangladesh purchased around two million tonne from India last year and could come back for good quantities in January.
“Internationally, that price is not being fetched, but Basmati is a small component of our total rice exports. It is not a mass consumption product,” Kaul said. Last year the Covid-19 wave was severe, but exports continued and shall continue this time as well, he said.

Paytm just got its first ‘Buy’ rating after IPO flop

The brokerage has set a target price of 2,500 rupees ($33.4), which is 16% higher than the company’s issue price.

Paytm dropped as much as 2.7% to 1,592 rupees on Thursday, a fifth day of declines, after plummeting 37% in the first two sessions of trading.

You can now buy sovereign gold on RBI Retail Direct Portal also

The RDG Accounts of individuals can be used to participate in issuance of government securities and secondary market operations through the screen based NDS-OM.

Significant portfolio returns possible if investors remain unnerved by 5-10% corrections

Nifty 50 rallied 50% and mid-and small-cap indices have done much better, since April 2020, Nifty has gone up nearly 150% and the small-cap indices by nearly 250%.

Two stocks to buy for near term gains while Nifty continues to trade with weak bias

On the daily chart, we see that the Nifty remains in a downtrend despite the bounces seen in the last two sessions.

Global markets: Asian shares tick up but Omicron worries leave markets on edge

MSCI's broadest index of Asia-Pacific shares outside Japan advanced 0.2%, boosted by Chinese blue chips up 0.25% and Hong Kong up 0.2%.

global markets

Reliance Industries, Bharti Airtel, Maruti Suzuki India, Tata Power among stocks in focus today

Domestic markets moved higher on Wednesday helped by positive economic data but charts are still showing a bearish bias.

Stock to watch

Nifty needs to hold above 17200 to touch 17350-17500, Bank Nifty may reach 37000 if it holds 36500

India VIX fell down by 8.14% from 21.16 to 19.44 levels. Volatility has spiked to multi-month high levels signalling wild swings in the market.

Market LIVE: Sensex touches 58000, Nifty needs to hold above 17200 for further upside

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic benchmark indices were trading with gains on Thursday. Broader markets mirrored the up-move.

Share Market Today, Share Market Live

Star Health IPO subscribed 20% on Day 2

On the other hand, the recent initial public offering of Policybazaar was subscribed two times on the second day, Nykaa got subscribed 4.82 times, and that of ICICI Lombard in 2017, a listed peer of S

Furthermore, expensive valuations and pricing have cautioned investors, after Paytm's poor show in November, which led to huge losses on the accounts of retail investors.

Edelweiss AMC plans to raise Rs 5,000 cr via 3rd tranche of Bharat Bond ETF

The fund house proposes to raise an initial amount of Rs 1,000 crore, with an open green shoe option of Rs 4,000 crore, taking a total of Rs 5,000 crore.

Around 20 new passive debt funds have been filed and 9 passive debt funds have been already launched by different AMCs post the launch of the Bharat Bond ETF in 2019. Edelweiss AMC is a leader in this space with more than 80% share.

Snapdeal to file DRHP in coming weeks, looks at Rs 1,870 crore IPO in H1 2022: Report

One of sources said the Snapdeal founders will not be selling shares as part of the IPO, and major shareholders are also expected to hold onto their shares

Snapdeal, Snapdeal IPO, Snapdeal IPO news, IPO news, Latest IPOs

‘Definite democratic change’ behind Centre’s move to increase BSF jurisdiction: DG Pankaj Kumar Singh

The BSF DG brushed aside the apprehensions that the force was trying to act as parallel police, and added that the powers to investigate and file charge sheets remain with the state police.

Gold tumbles Rs 302; silver declines Rs 81

In the previous trade, the precious metal had settled at Rs 47,150 per 10 gram.

"Spot gold prices for 24-carat gold at Delhi fell by Rs 302 reflecting an overnight decline in COMEX gold prices along with rupee appreciation," according to HDFC Securities, Senior Analyst (Commodities), Tapan Patel.

Bharat Bond ETF third tranche to hit markets on Dec 3 to raise around Rs 5,000 cr

This new fund offer (NFO) will start on December 3, 2021, and end on December 9, 2021. The new series will mature on April 15, 2032.

Bharat Bond ETF is an exchange-traded fund that invests in the debt of public sector companies. The ETF currently invests only in 'AAA' rated bonds of public sector companies.

Cane arrear reaches Rs 4,445 cr in 2020-21 season, maximum in UP: Centre

About Rs 52 crore dues need to be cleared to farmers in Uttarakhand, Rs 44 crore in Gujarat, RS 37 crore in Andhra Pradesh, Rs 25 crore in Tamil Nadu and Rs 9 crore in Punjab in the said period, it ad

Of the pending dues during 2020-21 season, a maximum of Rs 3,752 crore cane dues is to be cleared by sugar mills in Uttar Pradesh, followed by Rs 394 crore in Maharasthra, Rs 64 crore in Chhattisgarh and Rs 63 crore in Haryana, the data showed.

IPO rush continues; 10 cos line up public issues worth Rs 10,000 cr in Dec

The IPO lane will continue to be busy in December as 10 companies have lined up initial share-sale plans worth more than Rs 10,000 crore, merchant banking sources said on Wednesday.

Sensex closes with gains, Nifty downtrend still active, bulls to return above 17300-17500

Bulls forced the domestic benchmarks higher on Wednesday, helped by positive economic data.

Nurturing a concentrated portfolio could be the key to creating alpha

For the seasoned and experienced investor, a concentrated portfolio can give that extra oomph in their search for alpha.

IPO-bound LIC asks its policyholders to update PAN for participation in public offer

"In order to participate in any such public offering, policyholders will need to ensure that their PAN details are updated in the Corporation's records. Further subscribing to any public offering in I

LIC

Nifty may not break 16700-16500 support zone, buy now for next up-move; Bank stocks could outperform

After having corrected 10% from all-time highs, the Nifty 50 index could now be preparing for its next leg of up-move.

Petrol to be cheaper by Rs 8 per litre in Delhi as AAP govt decides to cut VAT: Sources

At a cabinet meeting chaired by the chief minister, it was decided the Value-Added Tax (VAT) on petrol will be reduced from the present 30 per cent to 19.4 per cent, leading to a cut of around Rs 8 pe

petrol price

Tega Industries IPO opens today; Check issue price, GMP, analyst recommendation, other details here

Tega Industries is looking to raise funds in a fixed price band of Rs 443-453 per share through the public issue which is entirely an Offer for Sale (OFS) by existing shareholders of the firm.

RateGain Travel Technologies IPO to open on Dec 7; sets price band at Rs 405-425/share

The three-day initial public offering (IPO) of the travel and hospitality technology services provider will conclude on December 9.

IPO
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