NIIT’s Board of Directors had approved the company’s buyback plan. Investors can surrender their current holding of NIIT shares for a price of Rs 240, offered at a premium to the current market price. The decision was taken on December 24, and the skill and talent development company has received all required approvals from SEBI …
There are fourteen scheduled holidays and six extended weekends in the 2021 calendar when trading in BSE and NSE would remain close. Extended weekends happen when the holiday falls, either on Friday or Monday. Saturdays and Sundays are the weekly offs. The first week of April was an extended holiday for the market. The next …
A year after the first wave of the coronavirus pandemic hit the country, the daily increase of Covid-19 cases has touched nearly a lakh. Overall, India’s coronavirus cases have increased to nearly 12.7 million, according to the Ministry of Health and Family Welfare. Active cases are now geared to touch the eight lakh mark. The …
April is the time for all companies to not only understand the performance of companies but also the time for companies to share the amount of stake their shareholders own in the company. Rakesh Jhunjhunwala commonly known as the Warren Buffet of India has raised his stake in Fortis Health from 3.97% in Q3 to …
India is in the grip of the second wave of the pandemic, as several states register unprecedented peaks in terms of fresh cases and death tolls. On Thursday, India recorded nearly two lakh cases; the country has been seeing cases upwards of 1.5 lakh every day over the past nearly one week before April 15 …
The BSE Sensex has seen a comeback by adding more than 500 points in the early hours of trade on Tuesday, April 20, gaining a little over 1 per cent. The broader benchmark index Nifty also traded over 1 per cent higher at 14,500-levels. This regaining of lost ground comes after the Sensex and Nifty …
As we prepare to pull the curtain over 2020, there are too many expectations from 2021. In the stock market, we can expect lots of action to take place. The stock market has made sincere efforts for recovery after experiencing a setback during the initial months, especially during the second half of the year. SENSEX …
International brokerage firm Jefferies India predicted strong performance from Nifty in 2021, expects the index to grow 12 percent to touch 15,800 points milestone in December 2021. Amid favourable global backdrop, the domestic equity market is expected to rally to generate a healthy 14 percent return. Mahesh Nardurkar, MD and head of Jefferies India said …
The last IPO of 2020 that made a market debut on January 1, 2021, traded 29 percent higher on its listing date. Anthony Waste Cell’s initial public offering was the last of 2020, was opened for subscription from December 21-23. Antony Waste Handling Cell, the second-largest solid waste management company in the country, hit the …
For a considerable part of 2020, gold price kept soaring. In the domestic market, the gold price even crossed Rs 50,000 marks for 10 grams of gold for the first time. However, for the last few trading sessions, both gold and silver futures prices dipped significantly following global cue as dollar strengthens and economies showing …
