Following the Bajaj Finance board’s acceptance of a 10,000 crore fundraising plan on Thursday, shares of Bajaj Finserv and Bajaj Finance were among the top two gainers of the Nifty 50 on Friday’s session. After declining for two straight sessions, the BSE share price of Bajaj Finserv opened at 1,560.80 and increased by about 5%,…
Following a two-day review that started on October 4, Reserve Bank of India (RBI) Governor Shaktikanta Das will announce the institution’s monetary policy decision tomorrow (October 6). On Friday, the central bank is expected to continue its aggressive policy stance despite India’s softening inflation report, according to the majority of analysts on D-Street. The economy…
Taking Stock: Market breadth was in the gainers’ favor. 1,361 shares fell, 2,178 shares rose, and 121 shares remained unchanged. The equity benchmarks ended a two-day losing streak on October 5 as a result of a recovery in world markets. The dollar index and US Treasury yields both slightly declined, which also boosted investor confidence….
Plaza Wires IPO: This Wires Limited’s initial public offering (IPO) began accepting subscriptions on September 29, 2023, and it will close on October 5, 2023. This indicates that the deadline for submitting an application for this public issue that is being considered for listing on the BSE and NSE is today. Plaza Wires’ initial public…
TECHNICAL ANALYSIS: With USD/CAD up approximately 1.8 percent thus far, the Canadian Dollar is approaching its worst 2-week stretch against the US Dollar since mid-February. In response, retail traders have increased their downside exposure, as can be observed by looking at IG Client Sentiment (IGCS). This last one frequently serves as a contrarian indicator. Will…
Stocks To Watch: Everything You Should Know Before Trading On October 5 Bandhan Bank According to the lender, CASA was Rs 43,161 crore, up 6.5% from the previous year. Total deposits increased by 12.8% to Rs 1,12,074 crore, while loans and advances increased by 12.3% to Rs 1,07,633 crore. – Stocks To Watch Hero Moto…
Forex traders said the currency was under pressure due to subdued domestic macroeconomic data and ongoing FII withdrawals. The rupee fell 15 paise to settle at 83.21 (provisional) versus the US dollar on Tuesday, as a strong US currency and poor local stocks dampened investor optimism. Forex traders said the currency was under pressure due…
Oil climbed in early Asian trade on Wednesday, boosted by tightening global oil supplies ahead of an OPEC+ ministerial meeting. Brent crude oil futures were up 6 cents to $90.98 per barrel at 0004 GMT, while WTI crude in the United States was up 11 cents to $89.34 per barrel. When the Organization of the…
In early trade on Tuesday, the rupee fell 17 paise to 83.23 against the US dollar, as a strong currency and persistent foreign money outflows impacted on market morale. Investor morale was further dampened, according to forex dealers, by a negative trend in local shares. At the interbank foreign exchange, the domestic unit started at…
On a day when the market was generally sluggish, the share price of Bajaj Finance stock increased by almost 4% in the morning session on the BSE after the business announced that its board of directors would meet next week to discuss raising money. The stock climbed more than 4% to record the intraday high…
