Kaushiki – Page 12

Sensex rises 140 points, Nifty above 24,800 despite Middle East, China jitters

Leave a Comment / Share Price / Kaushiki

Despite continued caution due to the ongoing violence in the Middle East, the Indian stock indices, the S&P BSE Sensex and Nifty50, saw stronger trading on Tuesday. Ahead of local quarterly reports and the Reserve Bank of India’s impending rate announcement, investors were mainly in a wait-and-watch mindset. The Nifty50 increased 190 points, or 0.77%, […]

Sensex rises 140 points, Nifty above 24,800 despite Middle East, China jitters Read More »

Fed made FIIs spend Rs 27,000 crore on bank stocks but China forcing a U-turn now

Leave a Comment / Market News / Kaushiki

The US Federal Reserve and the People’s Bank of China appear to be exerting undue influence over the stocks of banks and other financial companies. Foreign institutional investors, or FIIs, believed that the Fed’s massive rate decrease of 50 basis points was sufficient compensation for the September loss of opportunity. FIIs had sold banks and

Fed made FIIs spend Rs 27,000 crore on bank stocks but China forcing a U-turn now Read More »

Bank of Maharashtra stock in focus after LIC raises stake via QIP

Leave a Comment / Market News / Kaushiki

In an October 5, 2024, exchange filing, the Life Insurance Corporation of India (LIC) revealed a substantial increase in its ownership of Bank of Maharashtra, from 4.05% to 7.10%. This rise is in response to the Qualified Institutional Placement (QIP) allocation of 25.96 crore equity shares at a price of ₹57.36 per share. To improve

Bank of Maharashtra stock in focus after LIC raises stake via QIP Read More »

LIC increases its investment in Apollo Tyres and Bank of Maharashtra

Leave a Comment / Market News / Kaushiki

The Life Insurance Corporation of India (LIC) has boosted its interests in the Bank of Maharashtra and Apollo Tyres, which are expected to ignite investor interest in both firms on October 7. The statements, which revealed LIC’s expanding participation in these important industries, were made through regulatory filings. On October 4, the share price of

LIC increases its investment in Apollo Tyres and Bank of Maharashtra Read More »

NBCC stock up over 4% as stock trades ex-bonus today

Leave a Comment / Market News / Kaushiki

On Monday, October 7, NBCC’s stock increased by more than 4%, since the scrip became ex-bonus today. The company’s board meeting on August 31, 2024, approved the issuance of bonus shares in a 1:2 ratio. NBCC’s board approved the issuing of one fully paid-up equity share for every two existing shares, subject to shareholder approval

NBCC stock up over 4% as stock trades ex-bonus today Read More »

Jio Financial Services’ stock price increases by 3% following the approval of its MF venture

Leave a Comment / Market News / Kaushiki

On Monday morning, the price of Jio Financial Services’ shares increased by over 3%. The business declared that it has obtained SEBI’s in-principle approval to do mutual fund business with BlackRock. On Monday, the share price of Jio Financial Services opened at ₹346.90 on the BSE, over 2.4% higher than its previous closing. Following that,

Jio Financial Services’ stock price increases by 3% following the approval of its MF venture Read More »

Senco Gold shares surge 10% due to a stock split and fundraising plans

Leave a Comment / Market News / Kaushiki

Senco Gold’s stock price surged by 10% to reach a 52-week high during Monday’s trading session, following the announcement on Friday by the company’s board on the division of equity shares. The board also approved the Qualified Institutional Placement (QIP) and other authorised means of funding up to ₹500 crore. Senco plans to divide one

Senco Gold shares surge 10% due to a stock split and fundraising plans Read More »