Fund redemption and rising import bills would continue to put pressure on the Indian currency.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
Affordable pricing, a variety of themes, and the ease of transacting are among key reasons that have made smallcases a hit among young investors.
Rakesh Jhunjhunwala-backed Nazara Technologies is all set to hit the primary market with its Rs 583-crore IPO on Wednesday. The diversified and online gaming firm's three-day issue will run through March 17-19 and will be entirely an offer for sale (OFS). While 5.29 million equity shares will be offloaded via OFS by some of the shareholders, Rakesh Jhunjhunwala, who owns 3.29 million shares or 11.51 per cent stake in the company as of September 30, 2020, has decided to hold on to his stake. The issue has a price band of Rs 1,100-1,101 and will be available in lots of 13 shares and multiples thereof.
The Pune-based Rahul Bajaj group, thanks to an amazing stock market ride by Bajaj Finance and Bajaj Finserv, has grabbed third spot, pushing the Aditya Birla group down to fourth position.
The scrip was the top gainer at the BSE benchmark Sensex during the morning session.
Vivek Mahajan (Head - Research) Aditya Birla Money, analysed the slow IIP growth.
These investors have pumped in about Rs 6,900 crore (Rs 69 billion) in the seven trading sessions after the Federal Open Market Commission meet.
On the lines of Shariah-compliant products, intermediaries ask exchanges to consider investment benchmark.
Analysts say traders have been building long positions on expectations the BJP would sail through in the five Assembly elections
Aditya Birla Money MD talks about liquidity concerns in the market.
Offloading shares in ONGC, CIL, NHPC may fetch govt more than the year's target.
An Aadhaar card can fast-track the KYC procedure for some instruments.
The inspiring story of B Udhaya Krishna and his friends is the story of today's aspirational India, the India that encourages entrepreneurial spirit. Hurdles like poverty, discouragement and insults are just temporary hindrances in front of them to work hard to achieve their dreams.