Latest directive follows instances during LIC's IPO where certain applications had to be cancelled as they didn't have sufficient funds in bank accounts
Analysts believe that the improvement in global sentiment on the back of consumer resiliency and peaking inflation brought cheer back to the Dalal Street.
Indian IT services sector is expected to benefit from digital transformation, particularly aided by cloud adoption.
Value of pledged shares put at Rs 73,102 crore; 22.8 per cent was pledged in December quarter.
Board recommends a dividend of Rs 33 per share, subject to shareholder's approval.
Sustained growth in air travel and pricing discipline are key parameters for India's largest airline.
Aether's Rs 808-crore offering capped a busy month for IPOs, which saw a cumulative mop up of Rs 30,140 crore by eight companies
Timing the markets to catch a low, analysts caution, will not be a wise strategy at the current levels given the slew of domestic and global developments over the next few weeks
Polishing units shift focus to domestic business as American clients shun Russian stones and company partly owned by the Kremlin comes under sanctions.
In the past one month, Nifty Next 50 index was down 14%, as compared to 7% decline in the Nifty 50 index.
While strong lobbying to reverse curbs is expected, share prices are seen hitting new 52-week lows before the new season rolls in
BSE IT index drops 3.2%; Midcaps see deeper cuts
The red line comes amid headwinds in EU operatopns and discontinuation of liquids business in the US; revenue, however, grows by 10%
None of the three investor categories completes quota, with HNI interest being the dullest at 16%
Cash burn and growth at all cost no longer being rewarded as capital turns expensive
LONDON (Reuters) - Stock markets and the dollar moved cautiously higher on Wednesday before the latest Federal Reserve meeting minutes, while New Zealand's dollar soared as its central bank joined those now aggressively jacking up interest rates.
Weak listings come on the back of a selloff in the secondary market. Nifty has crashed as much as 8% this month before the latest rebound
Crisil, Hindustan Aeronautics, MRPL, ITC, and Welspun Corp have logged smart gains despite the broader market weakness.
Sri Lanka Prime Minister Wickremesinghe on Thursday assured the country's lawmakers that the island nation has been able to secure sufficient stocks of diesel and petrol which will last till mid-June.
Tracking overnight slump in the Wall Street, the worst selloff seen since June 2020, analysts believe that the markets will remain on edge over fears of recession and concerns of a hawkish US Fed