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Welcome to BK Shri Finsol

BK Shri Finsol is an Investment Consultant based at Lucknow with the objective of providing investors the best investment option that suits them and helps them to achieve their financial goals.

At BK Shri Finsol we believe that high-quality, professional investment planning can only be achieved through expert, transparent and unbiased services. In our endeavor to provide 'best in class' Investment, Insurance, Estate PlanningSolutions, we listen to our clients carefully, aiming to understand their immediate and long-term financial goals. We then use our extensive market knowledge and expertise to provide a financial advice, that our clients can trust.

Brokerages remain positive on the issue amid reasonable valuations, growth prospects and dominance in the markets. However, a few have raised concerns over dependence on major brands and online competition.

2022-10-04T14:00:16+05:30

Electronics Mart India IPO kicks off: Should you subscribe?

On Monday, Electronics Mart India allotted 2,54,23,728 equity shares to 20 anchor investors for Rs 59 apiece, aggregating to about Rs 150 crore, the company said.

2022-10-04T10:03:56+05:30

Tracxn Technologies IPO to open on Oct 10; price band fixed at Rs 75-80

The company's extensive global database and customized solutions and features allow its customers to source and track companies across sectors and geographies to address their requirements.

2022-10-04T08:38:48+05:30

Swastik Pipe IPO oversubscribed 1.33 times

The companyâ€™s key customers include BHEL, Coal India, DMRC, EIL, Hindustan Zinc, L&T, NALCO, NTPC, ABB etc. Further, the company caters to marquee customers globally, ranging from the US, UK, UAE, Australia, Qatar, Germany, Belgium, Mauritius, Ethiopia and Kuwait.

2022-10-03T19:53:43+05:30

Consider Electronics Mart to tap into growing consumerism

The IPO is valued at 21.8 times FY22 earnings and less than one times sales. There are no comparable listed peers. Retailers in other consumer segments trade above 50 times annual earnings.

2022-10-03T19:05:19+05:30

Deltatech Gaming, Pristine Logistics get Sebi's go-ahead to float IPO

Pristine provides logistics infrastructure and services, pivoted around rail transportation networks. It also offers synergetic logistics infrastructure and services across the spectrum, including non-container, container, rail transportation and road transportation services.

2022-10-03T16:39:25+05:30

IKIO Lighting files DRHP with Sebi to launch its IPO

The company, in consultation with merchant bankers of the issue, may consider a preferential issue or any other method aggregating up to Rs 50 crore. If such placement is completed, the fresh issue size will be reduced.

2022-10-03T13:43:39+05:30

Electronics Mart commands 55% premium in grey market ahead of IPO; should you subscribe?

Abhay Doshi, co-founder of UnlistedArena said there are multiple factors which are supporting the prices amid muted sentiments in the secondary markets. "Low pricing, small issue size, decent fundamentals and upbeat listing of recent IPOs have boosted morale in the primary markets, which has translated into the grey market premium," he added.

2022-10-03T12:33:16+05:30

87 SMEs raise Rs 1,460 crore via IPOs in Jan-Sept

Further, the remaining part of the year 2022 can see more mature companies accessing the platform. Moreover, tech-based and larger broking players can play a major role in developing the SME platform, Uday Nair, Director at Fedex Securities, said, adding, "overall the year is good for SME companies looking to raise capital from the exchange".

2022-10-02T12:58:02+05:30

Sebi tightens IPO disclosure rules, OKs pre-filing of offer documents

The regulator's board also approved a proposal on the introduction of a new option for the appointment and removal of independent directors and bringing buying and selling by mutual funds under insider trading rules. ET had reported September 29 that the Sebi board would be approving these measures.

2022-10-01T07:07:05+05:30

Cos planning for IPOs allowed to submit pre-fill offer document: Sebi

â€œPre-filing of an offer document is a well-established procedure in several international jurisdictions. It is a move in the right direction by the regulator aimed at preserving the confidentiality of nuanced business and financial information from competitors,â€ said Arka Mookerjee, partner at JSA, a leading national law firm.

2022-09-30T20:30:58+05:30

Sebi tightens disclosure norms for IPOs

The Securities and Exchange Board of India said after a meeting of its board that companies would have to disclose key performance indicators, details of pricing of shares based on past transactions and past fund raising from its investors.

2022-09-30T19:04:41+05:30

Sterlite Power defers IPO, says market conditions unfavourable

â€œGiven the volatility in the current markets and the limited window available under the currently filed DRHP, Sterlite Power has decided to withdraw the DRHP. However, it remains observant of the market and will consider re-filing DRHP in the future," said Pratik Agarwal, managing director, Sterlite Power.

2022-09-30T18:55:51+05:30

Insolation Energy IPO subscribed 183 times

Manish Gupta, chairman of Insolation Energy, said â€œthe company is overwhelmed by the confidence of the investors shown on us. We are committed to perform and try to match the expectation of our investors. The company will be among top 10 Solar brands in India both in terms of capacity and sales in next two years.â€

2022-09-30T17:11:49+05:30

Sterlite Power postpones IPO plans on current market volatility

Pratik Agarwal, Managing Director of Sterlite Power, said that given the volatility in the current markets and the limited window available under the currently filed DRHP, it has been decided to withdraw the DRHP.

2022-09-30T16:59:36+05:30

Kanpur-based Lohia Corp files DRHP for IPO

The company will reserve 50 per cent of the net issue for the qualified institutional buyers (QIBs), whereas non-institutional bidders will get 15 per cent shares. The remaining 35 per cent shares will be allocated to the retail bidders.

2022-09-30T15:00:11+05:30

Electronics Mart India IPO: All you need to know about the issue

Incorporated in 1980, Electronics Mart India is the fourth largest consumer durable and electronics retailer in India. It operates and manages 112 stores with a retail business area of 1.12 million square feet, located across 36 cities, predominantly in Andhra Pradesh, Telangana and NCR.

2022-09-30T14:31:08+05:30

Airox Technologies files DRHP with Sebi for Rs 750-crore IPO

â€‹According to the DRHP, the company intends to raise Rs 750 crore through its primary offering, which entirely consists of an offer-for-sale (OFS) by its promoters and existing shareholders.

2022-09-30T14:14:55+05:30

Silicon Rental Solutions SME IPO: Price band and other details

SRSL is engaged in providing end to end IT equipment on a rental and returnable basis in India and it serves over 275 customers, across different business sectors, located at over 16 states and three union territories of India, the company said in a press release.

2022-09-29T19:22:12+05:30

Enviro Infra Engineers, Udayshivakumar Infra file IPO papers with Sebi

The IPO of Enviro Infra Engineers consists of sale of 95 lakh equity shares with no Offer-For-Sale (OFS) component, according to the Draft Red Herring Prospectus (DRHP). Going by the draft papers, Udayshivakumar Infra's IPO consists of fresh issue of equity shares aggregating to Rs 60 crore.

2022-09-29T18:29:45+05:30

Porsche ignites blockbuster IPO, defying market turmoil

Even as markets worldwide suffer from surging inflation and mounting recession fears, the maker of the 911 sports car has pushed ahead with the bold flotation that gives Porsche a valuation of more than 76 billion euros.

2022-09-29T15:45:30+05:30

IPO Tracker: Average listing gain moderates in first half of FY23 to 12%

In comparison to 2021-22, the response of retail investors also moderated, the database showed. The average number of applications from retail dropped to 7.57 lakh, in comparison to 15.56 lakh in 2021-22. The highest number of applications from retail was received by LIC (32.76 lakh) followed by Harsha Engineers (23.86 lakh) and Campus Activewear (17.27 lakh).

2022-09-29T15:13:22+05:30

Porsche to debut amid market tumult in historic IPO

Porsche was and is the pearl in the Volkswagen Group," Chris-Oliver Schickentanz, chief investment officer at fund manager Capitell, said. "The IPO has now made it very, very transparent what value the market brings to Porsche. That, of course, also has a positive effect on Volkswagen shareholders.

2022-09-29T07:42:27+05:30

Sebi set to allow confidential pre-filing of IPO documents

The regulator's board, which will meet on September 30, will also clear a proposal to bring buying and selling by mutual funds under insider trading rules; they are currently excluded. The move comes in the wake of the Franklin Templeton episode in which some executives were accused of insider trading.

2022-09-29T06:15:36+05:30

Cargosol Logistics SME IPO opens. All details here

According to the draft prospectus, the proceeds of the issue shall be to purchase vehicles for a commercial purpose; purchase containers for expansion of the non-vessel owning common carrier division; meet working capital requirements; general corporate purpose and meet issue-related expenses.

2022-09-28T20:05:15+05:30

Electronics Mart India IPO to open on Oct 4; sets price band at Rs 56-59/share

Electronics Mart India Ltd (EMIL) was founded by Pavan Kumar Bajaj and Karan Bajaj as a proprietary concern with a consumer durables and electronics store under the name of Bajaj Electronics.The company had 112 stores across 36 cities as of August this year.

2022-09-28T18:55:54+05:30

Electronics Mart India IPO to kick off on Oct 4; price band fixed

Electronics Mart India is the fourth largest consumer durable and electronics retailer in India. Its offerings include more than 6,000 SKUs (stock keeping units) across product categories from over 70 consumer durable and electronic brands.

2022-09-28T07:55:25+05:30

Govt-owned WAPCOS files draft papers for public issue

The company engaged in engineering consultancy services and construction has ongoing projects in 30 countries. Some of its listed peers in the segment are Ircon International, Rites, Engineers India, NBCC, and VA Tech Wabag.

2022-09-27T06:25:58+05:30

Strong debut by Harsha Engineers, up 36% over IPO

Harsha Engineers International made a strong debut on Monday in a weak market, with its shares listing at â‚¹450 on the NSE, a premium of 36% over its issue price of â‚¹330.

2022-09-27T06:21:58+05:30

Swastik Pipe SME IPO to open on Sept 29, price band fixed at Rs 97-100

Swastik Pipes is promoted by Sandeep Bansal, Anupama Bansal, Shashwat Bansal and Geeta Devi Aggarwal. The company has been a leading manufacturer and exporter of T.T. Swastik Band high-quality mild steel/carbon steel ERW black and galvanized pipes/tubes since 1973.

2022-09-26T20:14:05+05:30

WAPCOS files DRHP with Sebi for IPO; govt to sell 3.25 crore shares

WAPCOS has ongoing projects in 30 countries and has been associated with over 455 overseas projects, both completed and ongoing. It was placed third among the top five Indian corporations for consulting services between 2017 and 2021. Some of its listed peers in the segment are Ircon International, Rites, Engineers India, NBCC, and Va Tech Wabag.

2022-09-26T12:39:27+05:30

After losing one-third of its GMP, will Harsha Engineers surprise investors on listing?

Shares of Harsha Engineers are losing steam in the grey market as sentiments turn sour in the secondary market. Over the issue price of Rs 330, the company's shares are being exchanged at a premium of Rs 160-165, which was Rs 240 at its peak.

2022-09-24T10:50:13+05:30

Harsha Engineers IPO: Harsha Engineers Grey market premium hints at 50% gain

The Rs 755-crore Harsha Engineers IPO comprises the issuance of fresh equity shares worth Rs 455 crore, whereas existing shareholders and promoters will offload Rs 300 crore from the stake via offer for sale (OFS). The price band for the share sale has been fixed at Rs 314-330 apiece.

2022-09-23T14:47:57+05:30

SoftBank slashes IPO-bound Oyoâ€™s valuation to $2.7 billion

â€‹Oyo, formally known as Oravel Stays Ltd., filed a fresh round of financial documents with Indiaâ€™s market regulator on Monday as it plans for a stock-market debut after cost cuts and recovery in travel helped it reduce losses.

2022-09-23T05:48:27+05:30

Automotive component firm Divgi Torqtransfer Systems files IPO papers with Sebi

Divgi is an automotive component entity which has the capability to develop and provide system level transfer case, torque coupler, and Dual Clutch Automatic Transmission (DCT) solutions. It has three manufacturing and assembling facilities located across India.

2022-09-22T18:11:12+05:30

Pepperfry looks to file draft IPO papers next quarter

Omnichannel furniture seller Pepperfry is looking to file its draft initial public offering (IPO) papers with the Securities and Exchange Board of India (Sebi) between October and December, and aims to list on the stock exchanges next year, according to a person aware of the matter."They are looking to file the draft red herring prospectus (DRHP) in the subsequent quarter," the source said, adding that the company would take a final call by November.

2022-09-22T05:47:24+05:30

Bank of America expects Indian IPO market to pick up within six months

â€œI think IPOs have taken a breather but it will be probably three to six months away from coming back,â€ Debasish Purohit, co-head of India investment banking at Bank of America, said in a Bloomberg Television interview on Wednesday. Some of last yearâ€™s IPO activity has more recently given way to sales of secondary shares, which are quicker and give holders a chance to monetize their stakes, Purohit said.

2022-09-21T14:36:54+05:30

Wall Streetâ€™s mysterious 2,200% IPOs come from tiny N.J. broker

The trend is eerily familiar to market participants in Hong Kong, which was a hotbed for mysterious moves in tiny stocks before a regulatory crackdown brought new offerings to a virtual halt. As small Chinese companies that might otherwise have listed in Hong Kong turn to the US as an alternative, Network 1 has emerged as one of the most active players in this growing corner of the market.

2022-09-20T14:25:42+05:30

Harsha Engineers IPO Allotment: Here's how to check allotment status & GMP

The Rs 755-crore Harsha Engineers IPO consists of the issuance of fresh equity shares worth Rs 455 crore, whereas existing shareholders and promoters will offload Rs 300 crore from the stake via an offer for sale (OFS).

2022-09-20T12:53:24+05:30

Inox Green Energy gets Sebi approval to float Rs 740-crore IPO

The company filed draft IPO papers with the capital market watchdog on June 20 this year, after which its received the update an observation letter from the regulator on September 13. Sebiâ€™s observation letter is suggestive of the regulatorâ€™s go ahead for the public issue.

2022-09-20T09:06:17+05:30

Sebi keeps GoDigit IPO in abeyance

According to the draft documents, the company's customer base increased to 25.77 million in FY22 from 14.27 million in the year ago period. The group sold close to 7.76 million policies in FY22, compared to 5.55 million policies in FY21.

2022-09-20T06:16:20+05:30

Sebi puts Fairfax Group-backed Go Digit's IPO in 'abeyance'

In August, the Fairfax Group-backed company filed draft documents for its IPO, looking to raise Rs 1,250 crore from a fresh issue of shares and an offer for sale (OFS) of 109.4 million equity shares.

2022-09-19T18:40:19+05:30

SoftBank-backed Oyo seeks to resurrect IPO after growth resumes

Oyo and founder Ritesh Agarwal are trying to pull off a successful IPO after a series of setbacks in their efforts to change the hotel and lodging industry. SoftBank Group Corp. founder Masayoshi Son was an early and enthusiastic backer, and the Japanese conglomerate holds about 47% in the Gurgaon-based startup. The 28-year-old Agarwal owns about one third.

2022-09-19T11:07:07+05:30

Inox Green Energy plans to launch Rs 740-cr IPO in next 30-45 days: CEO Kailash Tarachandani

This is Inox Green Energy Services' second attempt to go public. In February, the company had filed the Draft Red Herring Prospectus (DRHP) for its proposed IPO with the markets regulator Sebi.

2022-09-19T09:35:19+05:30

As US IPO market sinks, listings head to China

Stock listings in Asia have raised $104 billion this year, accounting for a record 68% of global volume, data compiled by Bloomberg show. By contrast, US IPOs represent just 14% of the $153 billion fetched globally, the lowest ever for what has traditionally been the busiest listings market in the world.

2022-09-18T09:28:28+05:30

Harsha Engineers IPO gets 74.7 times subscription

The IPO was a mix of a fresh issue of shares aggregating to â‚¹455 crore and an offer for sale of up to â‚¹300 crore. On Tuesday, the company raised â‚¹226 crore from anchor investors ahead of its public issue by allotting 68.41 lakhs shares to institutions.

2022-09-17T10:03:44+05:30

Patanjali will launch at least 4 IPOs in next 5 years: Baba Ramdev

Following the announcement, shares of Patanjali Foods, which was earlier known as Ruchi Soya and eventually re-branded following the acquisition by Baba Ramdev-led Patanjali Ayurved, were trading 0.6 per cent higher at Rs 1,351 at 1 pm. The stock has rallied nearly 60 per cent year-to-date.

2022-09-16T13:25:09+05:30

Mankind Pharma files DRHP for Rs 5,500 crore IPO

The companyâ€™s initial public offering comprises an offer for the sale of 4 crore equity shares by the promoters and existing investors.The offer for sale comprises up to 1 crore shares by promoter Juneja family, up to 2 crore shares by Capital International, up to 99.65 lakh by Beige, and up to 50,000 equity shares by Link Investment Trust.

2022-09-16T12:20:22+05:30

Porsche IPO to comprise 911 million shares in nod to its most famous model

Investor roadshows are due to complete this Friday, several sources said, allowing time for senior executives to hold discussions over the weekend before opening the book building process early next week.

2022-09-16T11:16:41+05:30

TMB makes muted debut on listing day at IPO price

The IPO consisted of the fresh issue of 15.8 million shares. The Thoothukudi-based private lender allotted 71,28,000 equity shares to 10 anchor investors ahead of the IPO, raising â‚¹363.53 crore at â‚¹510 apiece.

2022-09-16T07:25:20+05:30

Stock Radar: Expect decent returns from this pharma stock in short term time horizon

2022-10-05T06:00:00+05:30

India remains on watchlist for index, liquidity improves: JPMorgan

â€œIndia has one of the largest and most liquid onshore bond markets among Emerging Market economies, and over the past two years, the market has made significant strides in easing the access for foreign portfolio investors,â€ the Wall Street Financial powerhouse said in a separate statement.

2022-10-04T23:06:44+05:30

Trading of Twitter shares halted as Musk proposes to proceed with takeover deal

Musk offered to buy the San Francisco company at $54.20. Shares jumped nearly 13% to $47.95 before trading stopped.

2022-10-04T22:00:27+05:30

Tata Steel offloads 19% equity holding in AI Rimal

According to the statement, T S Global Holdings had entered into an agreement with Oman National Investments Development Company (Tanmia) and the existing shareholders of Al Rimal to transfer its 19 per cent shareholding in Al Rimal to Tanmia.

2022-10-04T20:19:41+05:30

Market Watch: Best day for Sensex in 5 weeks

2022-10-04T19:19:54+05:30

Nasdaq jumps more than 3% as Treasury yields ease; Dow surges 700 points

The Dow Jones Industrial Average rose 744 points, or 2.5%, to 30,236 and the Nasdaq rose 3.3%. Small company stocks also made solid gains. The Russell 2000 rose 3.3%.

2022-10-04T19:07:29+05:30

Long-term bet! Nykaa can rally up to 69% till 2027: Elara Capital

Nykaa, with several niche products and a huge addressable market in the fashion segment, will be able to drive the segmentâ€™s revenue going forward. Also, the new business initiatives such as NykaaMan and eB2B (Nykaa Superstore) will boost the long-term revenue for the company, the

2022-10-04T19:04:28+05:30

8 consumer discretionary stocks touch their new 52-week high today

2022-10-04T18:58:02+05:30

Ethereum Towers NFT apartments declares live OpenSea minting

Ethereum Towers is a social platform for non-gamers who appreciate the creativity of the metaverse without its complexity. It consists of 4,388 NFT apartments set in the upcoming Ethereum Worlds Metaverse- A social platform built for non-gamers.

2022-10-04T18:56:55+05:30

Tech View: Nifty forming higher lows for 2 days. What investors should do on Thursday

â€œThe short-term trend of Nifty has turned up sharply after a broader range movement of the last few sessions,â€ said Nagaraj Shetti, Technical Research Analyst, HDFC Securities. He sees resistance at 17,600 and 18,000 levels in the near term, while the immediate support is at 17,150 levels.

2022-10-04T18:22:36+05:30

Is the stock market closed tomorrow for Dussehra?

The stock market will also remain closed on October 24 and October 26, 2022 to celebrate Diwali and Diwali Balipratipada.

2022-10-04T17:56:59+05:30

Stock market update: Sugar stocks up as market rises

The 30-share BSE Sensex closed up 1276.66 points at 58065.47

2022-10-04T17:27:15+05:30

Stock market update: Stocks that hit 52-week highs on NSE in today's trade

Max Ventures Ind, BSL Ltd, Apar Industries, Upsurge Seeds of Agriculture Ltd. and Power Mech Proj, hit their fresh 52-week highs during the day.

2022-10-04T17:22:07+05:30

Stock market update: Fertilisers stocks up as market rises

The 30-share BSE Sensex closed up 1276.66 points at 58065.47

2022-10-04T17:16:53+05:30

Stock market update: FMCG stocks up as market rises

The 30-share BSE Sensex closed up 1276.66 points at 58065.47

2022-10-04T17:11:44+05:30

Gainers & Losers: M&M Finance, HDFC among 6 stocks that were in news today

2022-10-04T17:10:05+05:30

Gold jumps Rs 980; silver zooms Rs 3,790

In the previous trade, the precious metal had settled at Rs 50,738 per 10 grams.Silver prices zoomed by Rs 3,790 to Rs 61,997 per kg from Rs 58,207 per kg.In the international market, gold was trading in green at USD 1,710 per ounce while silver was up at USD 20.99 per ounce.

2022-10-04T17:07:58+05:30

Share market update: Most active stocks in today's market in terms of volume

The NSE Nifty index closed 386.95 points up at 17274.3

2022-10-04T17:06:36+05:30

Gilts are bland. But even Indian bonds arenâ€™t spicy?

FTSE Russell said Thursday that it would continue to keep Indian government bonds on its watch list for possible inclusion in its emerging markets debt index until March 2023, when the next assessment is due. Separately, Reuters has reported that Indiaâ€™s much-desired entry into a similar benchmark maintained by JPMorgan Chase & Co. may also get pushed out to next year. A decision is expected in the coming days.

2022-10-04T16:59:41+05:30

Sensex clocked over 1,000-point gains 12 times in 2022 so far

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2022-10-04T16:59:37+05:30

Stock market update: Stocks that hit 52-week lows on NSE in today's trade

Power Grid, Dr. Reddys, Sun Pharma, Titan Company and Bharti Airtel were among the top losers on NSE in today's trade.

2022-10-04T16:51:17+05:30

This bluechip bank stock can offer 22% upside; here's why

The brokerage expects the credit demand to sustain given tightened liquidity in the system as that will push corporates to turn to banks for meeting their credit demand. The bank is gearing up to capitalise on the opportunity and there is an expected 15% overall growth for the public-run lender, in line with the industry.

2022-10-04T16:49:53+05:30

Marico shares can rally up to 19%, valuations appear inexpensive: Motilal Oswal

Highlighting the companyâ€™s 2QFY23 pre-quarterly update, the brokerage said demand sentiments during the September-ended quarter were similar to the previous quarter, with signs of positivity in the last month. While the rural segment remained a drag, there was healthy momentum in Urban, and Premium Discretionary continued.

2022-10-04T16:46:22+05:30

Stock market update: Mining stocks up as market rises

The 30-share BSE Sensex closed up 1276.66 points at 58065.47

2022-10-04T16:46:10+05:30

Stock market update: Nifty Realty index advances 2.27%

The Nifty Realty index closed 2.27 per cent up at 428.25.

2022-10-04T16:41:01+05:30

All the planets are aligning for India; it looks like Indiaâ€™s time has really come: Anshul Saigal

â€œChinaâ€™s weight in the MSCI emerging market has come down by 8%. Indiaâ€™s weight in comparison has gone up by about 7%. All the planets are aligning for India. Growth domestically is strong. Technically we are positioned very well for this market to have tailwinds and it looks like Indiaâ€™s time has really come, this is clichÃ© but it looks like the clichÃ© is coming true now. â€

2022-10-04T16:40:28+05:30

Stock market update: Power stocks up as market rises

The 30-share BSE Sensex closed up 1276.66 points at 58065.47

2022-10-04T16:35:49+05:30

Edelweiss arm aims to raise USD 1 bn in third distressed asset fund

In the second fund launched in 2018, it invested Rs 10,500 crore and realised cash of more than Rs 9,500 crore from the portfolio companies, it said.Under the latest fund, it is targeting to raise USD 1 billion with a greenshoe option of USD 500 million, the statement said.

2022-10-04T16:35:43+05:30

Stock market update: Nifty Pharma index advances 0.87%

The Nifty Pharma index closed 0.87 per cent up at 13233.45.

2022-10-04T16:25:38+05:30

Sensex rises! These stocks gained over 10% on BSE

In the Nifty 50 index, 48 stocks ended in the green, while 2 stocks closed in the red in today's trade.

2022-10-04T16:20:29+05:30

Rupee rises as lower US yields whet risk appetite, hurt dollar

The rupee's performance on Tuesday was broadly in line with its Asian peers. The currency of Asia's third largest economy would likely have fared better had it not been for oil prices. The December Brent crude contract rose 0.7% to $89.48, after climbing more than 4% in the previous session.

2022-10-04T16:18:02+05:30

Sensex rises! But these stocks fell 5% or more in Tuesday's session

In the Nifty pack, 48 stocks closed in the green, while 2 stocks ended in the red.

2022-10-04T16:15:23+05:30

Top oil traders see steady demand despite economic headwinds

The falling oil prices and months of severe volatility have spooked the market, with major consumer countries still tapping strategic stocks to cool prices while top exporters in the OPEC+ alliance may take the opposite view and boost output this week.

2022-10-04T16:07:28+05:30

D-St sees best day in 5 weeks as Sensex reclaims 58,000 mark, Nifty tops 17,250

The 30-share Sensex surged 1,276 points to end above the 58,000 mark. Its broader peer, Nifty50, ended at 17,274, up 386 points.

2022-10-04T16:05:27+05:30

Share market update: Most active stocks of the day in terms of traded value

The NSE Nifty index closed 386.95 points up at 17274.3

2022-10-04T16:00:06+05:30

Why Reliance is underperforming & what can make the stock move up? IIFL Securitiesâ€™s Harshvardhan Dole answers

â€œReliance is a stock which should be there in the portfolio because oil and gas will continue to generate heaps of cash and the other two businesses which are Jio and Retail will continue to grow on a QoQ basis. So it is a combination of steady cash flows plus a secular growth from the two B2C businesses and we continue to like the stock.â€

2022-10-04T15:58:18+05:30

HDFC twins rally up to 3% on Q2 business update

During the quarter ended September 30, 2022, the corporation assigned loans amounting to Rs 9,145 crore compared to Rs 7,132 crore in the corresponding quarter of the previous year,â€ HDFC said in a BSE filing.â€œIndividual loans sold in the preceding 12 months amounted to Rs 34,513 crore. Gross income from the dividend for the quarter ended September 30, 2022, was Rs 1,360 crore,â€ It said.

2022-10-04T15:54:20+05:30

Bank stocks riding high! Is there more steam left for this heavyweight sector?

Healthy economic activity, a pick-up in credit growth and improvement in asset quality are the key drivers of the run-up in banking stocks.For the September quarter, private sector lender HDFC Bank reported a strong 24 per cent loan growth, with domestic retail loans rising nearly 22 per cent on year.

2022-10-04T15:49:45+05:30

Oktoberfest for cryptos: Bitcoin tops $20,000; whatâ€™s in store this month

Fall in bond yields, recovery in equity markets and signals of waning inflation sent the crypto markets higher. However, the tokens did not go soaring as fears over the worst are not yet over.The volumes of Bitcoin traded surged about 30 per cent as the worst $31.7 billion exchanged hands in the last 24 hours, the data suggested. The total market cap of Bitcoin was hovering around the $390 billion mark.

2022-10-04T15:44:08+05:30

Bank of Maharashtra climbs 5% on Q2 business update

CASA deposits at the bank also grew to Rs 1,10,205 crore in the September quarter as against Rs 97,889 crore in the same quarter a year ago.

2022-10-04T15:41:48+05:30

Midcap stock rallies 11% on bagging Rs 1,061 crore order

The project comprises the construction of a 10.559 km elevated viaduct and 11 stations from Bheshan Dead End to Majura Gate station.

2022-10-04T15:17:43+05:30

How will Nifty be placed in Q3? 4 reasons to buy the volatility

Nifty registered a bullish golden crossover in August (50-DEMA crossing above 200-DEMA), implying a major shift of momentum in favour of bulls from a medium-term perspective.

2022-10-04T14:58:45+05:30

These 10 realty stocks gained up to 1,600% in just 2 years; do you own any?

2022-10-04T14:55:25+05:30

Credit Suisse: Crisis of confidence?

2022-10-04T14:34:44+05:30

IndusInd Bank rallies 5% as Q2 deposits grow 15% YoY

The bank's net advances grew 18 per cent to Rs 2,59,647 crore in the September 2022 quarter from Rs 2,20,808 crore in the same quarter of the previous year, according to a BSE filing.The bank's CASA ratio also grew 42 per cent in the second quarter of the financial year 2022.

2022-10-04T14:34:22+05:30

What trigger can make Reliance stock return to 2020 heydays?

â€œIf one looks at the telecom part, we are seeing a 5G rollout and we expect some good traction in terms of ARPU over the next three to four quarters. The retail business is showing reasonably good tractions. We will have a bit of an issue in terms of the oil and gas business and the windfall tax related issues but the rest of the verticals are doing well.â€

2022-10-04T14:17:25+05:30

Share price of Marico falls as Sensex gains 1247.85 points

A total of 50,547 shares changed hands on the counter till 02:10PM (IST)

2022-10-04T14:10:36+05:30

Aurobindo Pharma shares up 0.58% as Nifty gains

A total of 293,493 shares changed hands on the counter till 02:00PM (IST).

2022-10-04T14:00:22+05:30

Electronics Mart India IPO subscribed 1.69x on Day 1

Brokerages remain positive on the issue amid reasonable valuations, growth prospects and dominance in the markets. However, a few have raised concerns over dependence on major brands and online competition.

2022-10-04T14:00:16+05:30

Ashish Maheshwariâ€™s 3 top Dussehra picks for the next six months

â€œMy first Dusshera pick is Mazagon Dock Shipbuilders. This is a stock which should not be missed at any cost. Again the reason is the kind of profitability this company is reporting. I am seeing multiple increase in their valuation as such and from Rs 470 crore profit last year, this year, I expect that company to have profit in four digits.â€

2022-10-04T13:40:35+05:30