financial markets

New Delhi, March 2 Precious metal prices soared by up to 12 per cent in the national capital on Monday, with silver reaching Rs 3 lakh per kilogram, while gold nearing Rs 1.73 lakh per 10 grams as investors flocked to safe-haven assets following an escalation of hostilities in the Middle East...

New Delhi, March 2 The state-owned NHAI-sponsored Raajmarg Infra Investment Trust (RIIT) is preparing to launch its initial public offering (IPO) worth Rs 6,000 crore.The InvIT's first public offering will open on March 11 and conclude on March 13, while bidding for anchor investors will take...

New Delhi, March 2 Shares of Shree Ram Twistex Ltd, a manufacturer of cotton yarn, began trading on Monday at a discount of nearly 35 per cent against the issue price of Rs 104.The stock opened at Rs 70, a decline of 32.69 per cent on the BSE.At the NSE, it started trading at Rs 68, a drop...

New Delhi, March 2 Sebi will prioritize the development of the corporate bond market this year, with plans to introduce credit bond indices and related derivatives in coordination with the RBI, Chairman Tuhin Kanta Pandey said as the regulator seeks to deepen liquidity and broaden investor...

New Delhi, February 27 Investors' wealth eroded by ₹4.98 lakh crore on Friday as markets faced a significant downturn, with the Sensex falling by over 1%, due to fresh outflows of foreign funds and subdued global trends amid rising geopolitical risks.The 30-share BSE Sensex plunged by 961.42...

Mumbai, February 27 The rupee declined by 8 paise to settle at 90.99 (provisional) against the US dollar on Friday, weighed down by a sharp rise in global crude oil prices amid geopolitical uncertainties.Forex traders said that outflows from foreign institutional investors and a decline in...

New Delhi, February 27 Gold prices rose by Rs 890 to Rs 1,60,599 per 10 grams in futures trading on Friday, as speculators created fresh positions due to strong spot demand.On the Multi Commodity Exchange, gold contracts for April delivery rose by Rs 890, or 0.56 percent, to Rs 1,60,599 per 10...

New Delhi, February 27 Gold prices rose by Rs 890 to Rs 1,60,599 per 10 grams in futures trading on Friday, as speculators created fresh positions due to strong spot demand.On the Multi Commodity Exchange, gold contracts for April delivery traded higher by Rs 890, or 0.56 per cent, at Rs...

Mumbai, February 26 Motilal Oswal Alternates announced on Thursday the first closure of its private credit fund, India Credit Excellence Fund - I, at Rs 1,700 crore.The fund also includes a commitment of Rs 200 crore from the Motilal Oswal Group, the company statement said.The fund will...

Mumbai, February 26 NSE's Managing Director and CEO, Ashishkumar Chauhan, on Thursday, advocated for "minimum qualifying criteria" for those participating in derivatives trading, to prevent people from lower socio-economic strata from losing money on speculation.In light of the findings of the...

New Delhi, February 26 The initial public offer of Omnitech Engineering Ltd, a manufacturer of precision-engineered components, received a 13 per cent subscription on the second day of bidding on Thursday.The IPO received bids for 24,94,866 shares against 1,89,09,890 shares on offer, according...

New Delhi, February 26 The government's offer to sell 2% of its stake in Indian Railway Finance Corporation Ltd (IRFC) failed to attract full subscription on its final day, with both retail and institutional investors showing lukewarm response to the offer for sale (OFS).On February 24, the...

Mumbai, February 26 State-owned lender Canara Bank raised ₹5,000 crore through the sale of bonds on Thursday.Tier-II bonds, compliant with Basel III regulations, with a maturity of 10 years, were sold at a coupon rate of 7.24 per cent, according to market sources.The initial issue was for...

New Delhi, February 26 The Board of Directors of Vedanta Ltd has approved raising up to ₹3,000 crore through debentures through a private placement.The fundraising aims to further strengthen the company's capital structure while optimizing borrowing costs.The company has informed stock...

New Delhi, February 26 Copper futures rose by 95 paise to Rs 1,210.40 per kg on Thursday due to increased spot demand.On the Multi Commodity Exchange, copper contracts for March delivery increased by 95 paise, or 0.08 per cent, to Rs 1,210.40 per kilogram in a trading volume of 1,488 lots...

New Delhi, February 26 Gold prices fell by Rs 539 to Rs 1,60,606 per 10 grams in futures trading on Thursday, due to a decline in spot demand.On the Multi Commodity Exchange, gold contracts for April delivery traded lower by Rs 539, or 0.33 per cent, at Rs 1,60,606 per 10 grams in a trading...

New Delhi, February 25 Precious metal prices increased by up to 2 per cent in the national capital on Wednesday, with silver rising to Rs 2.77 lakh per kilogram, and gold advancing to Rs 1.64 lakh per 10 grams, tracking strong global trends and sustained demand for safe-haven assets.According...

New Delhi, February 25 The government's offer to sell 2% of its stake in Indian Railway Finance Corporation Ltd (IRFC) failed to attract full subscription from institutional investors on Wednesday.Institutional investors placed bids for over 22.34 crore shares of IRFC, which represents 94.98%...

New Delhi, February 25 The initial public offering of Omnitech Engineering Ltd, a manufacturer of precision-engineered components, was subscribed to 8 per cent on Wednesday, the first day of bidding.The IPO received bids for 15,63,738 shares against 1,89,09,890 shares on offer, according to...

New Delhi, February 25 The government's offer to sell 2% of its stake in Indian Railway Finance Corporation Ltd (IRFC) received a lukewarm response from institutional investors on Wednesday, as the issue failed to achieve full subscription.As of 3:30 PM, institutional investors placed bids for...