Penny stock: A small cap stock with a market capitalization of less than Rs.10 Vikas Lifecare is offering preferred shares at 4 per share in order to raise 40 crore.

Penny stock: A small cap stock with a market capitalization of less than Rs.10 Vikas Lifecare is offering preferred shares at 4 per share in order to raise 40 crore.

Vikas Lifecare shares are one of the penny stocks under 10 rupees, and the small-cap firm may have more stock float in the approaching times. The board of directors of the penny stock under 10 has approved the issuance of an additional 10 crore warrants convertible into stocks on a preferential basis. The preferred shares…

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Markets move out of 5

Markets move out of 5-week trade in the red; metals, real estate better

Markets move out of 5-week low; metals, real estate better Markets move out of 5-week losing streak and made a healthy gain in the week ending September 1. Global benchmarks faced pressure from mixed signals, August’s weak monsoons, and surging oil prices. Nonetheless, robust GDP and industrial data boosted investor confidence on Friday. The Nifty50…

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US equities end mixed ahead of jobs data in the most recent global market update.

US equities end mixed ahead of jobs data in the most recent global market update.

After statistics on weekly unemployment and inflation, US stocks concluded the day with a mixed bag. In order to gain insight into the Fed’s stance for monetary policy, investors are eagerly anticipating the employment numbers that are coming on Friday – Global market update. In order to reach 4,507.66, the S&P 500 dropped 7.21 points,…

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