Stock Market Updates - Angel One - Page 1137

Glenmark Life Sciences, a wing of Glenmark Pharmaceuticals Ltd, has made its public market debut at a premium of just 4%. It is over the issue price of Rs. 720 per share. This result seems tepid on the background of the IPO frenzy, where issues are attracting a premium price tag. This stock opened at …

Rolex Rings made a stock market debut on 9 August 2021 at a sharp premium of 39% over its issue price of Rs. 900. To elaborate, the company’s shares opened at the National Stock Exchange at Rs. 1250 and at the Bombay Stock Exchange at Rs. 1249. Regardless, the debut did not impress investors and …

An Overview Through the NSE’s GIFT City branch in the International Financial Services Centre (IFSC) in Gujarat, Indian investors will soon be able to purchase and sell shares of US-listed companies. On Monday, NSE IFSC announced that it has set up infrastructure allowing Indian investors to buy US stocks, and that broker registration is in …

What is the market breadth? The market breadth is an indicator that helps any trader analyze the number of stocks that are advancing compared to those that are declining in a given index or on a stock exchange. Market breadth attempts to find how much strength and weakness is there in a given stock. What …

Adulting isn’t always fun and games, no matter how cool it sounds like a kid. The task of managing finances is one that many of us find challenging. At times, it can seem overwhelming. Due to the ongoing pandemic, the working class suffered the brunt, losing their jobs or receiving lower wages. To add to …

With the introduction of the IBC, all existing insolvency laws have been consolidated into one robust, sophisticated and modern framework. Corporate debtors in distress are encouraged to resolve their financial difficulties and, failing that, to liquidate in a time-bound manner. Insolvency and Bankruptcy Code aims to provide an efficient legal framework to provide quick solutions to …

We see new data breaches coming up in the media reports quite often. Looking at new breaches, these reports, and hacks it is clear that your sensitive financial and personal information isn’t safe, especially when it comes to credit cards. The volume of online transactions is very high since the ‘Digital India’ revolution, therefore so …

A Brief Overview The price of gold has witnessed a surge within a limited time frame as is evident from the fact that gold rates across the globe have consistently hovered near a 3-week high. This scenario was aided by a fall in U.S. Treasury yields. Examining the Scenario Tuesday saw the prices of gold …

From being debt-ridden in 2007 to envisioning a net debt-free company profile by 2023-24, Tata steel has come a long way in the last two decades. The steelmaker struggling with mounting debt of $6 billion from a failed acquisition managed to reduce its total debt by 28% in the first quarter of FY21. What caused …

The Federation of Automobile Dealers Associations’ (FADA) June 2021 report mentions a YoY increase in total vehicle sales by 22.6%. However, this figure is short by 28% compared to the vehicle sales of June 2019. Auto retail sales hike – a closer look While automobile dealerships across the country are still not fully operational due …