On Thursday, the domestic stock market witness volatile expiry day trade. The market had a negative start but soon traded in the green. Nifty gave up on recovery today and witnessed a decline and testing lows. Though Nifty recovered in the second half of the trading session but Index finally closed at 10288.90 down by 16.40 points or 0.16 per cent.
SEBI approved the country’s seventh-largest mutual fund house – UTI Asset Management Company for an initial public offering (IPO). The company has decided to sell 3.90 crore shares in the issue to raise about Rs 3,500 crore. The IPO will likely be listed at Rs 850-900 per share, bankers said.
New Delhi: On Monday’s session, Pharmaceutical shares again traded higher with their sectoral index advances. Around 11:45 AM, the Nifty pharma index was trading at 10241.95 points up by 2.4 per cent.
In Monday trade, Glenmark Pharma shares saw a spout of 35 per cent after the announcement of launching an antiviral drug Favipiravir, under FabiFlu brand name on Saturday to treat mild to moderate Covid-19 patients at a price of Rs 103per tablet.
New Delhi: On Friday, Nifty50 takes out 100-Day Simple Moving Average (SMA) at 10,200 points. There now much on lines after following a hurdle breach at 10,000 level in Thursday’s session. Analysts expect the index to reach the recent high of 10,328 or could also reach 10,550 points in the short run. Next week immediate support will be at 10,100 points for Nifty50.
New Delhi: On Thursday share market session, about 56 stocks hit their 52 weeks high on NSE.
New Delhi: Another day in the stock market where Nifty50 flirted with key hurdles at 10,000 points, before losing intraday gains.
Mumbai: Reliance Industries to sell out 2.33% share of RIL’s Jio to Saudi Arabia’s wealth fund Public Investment for $1.5 billion, Gulf News reported on Monday.
New Delhi: On Friday, Nifty50 tested 9,550 points before staging a smart rebound. At a time of a day, it almost looked like the index would hit the 10,000 points but it missed by a very small difference. The index closed at 9,972 level up by 0.72 per cent or 70.90 points.
New Delhi: “On Thursday, the Index fell below the support level on closing basis for the first time in continuous six sessions. Nifty formed a bearish candle on the daily chart and broke crucial support at 10,000 points. It is now staring at the downward trend with support at 9,800 and key resistance at 10,100 levels” Analysts said.