financial markets

New Delhi, February 24 The government will divest up to 4% stake in state-owned Indian Railway Finance Corporation Ltd (IRFC) through an Offer for Sale (OFS) starting on Wednesday.The government has fixed the floor price of Rs 104.00 per equity share for the OFS, IRFC said in a regulatory...

New Delhi, February 24 The government will sell up to 4% stake in Indian Railway Finance Corporation (IRFC) through a sale offer at a floor price of Rs 104 per share.The sale offer will open on Wednesday for institutional investors, and on Thursday for retail investors.The government is...

Mumbai, February 24 The rupee traded in a narrow range on Tuesday and closed 6 paise lower at 90.95 against the US dollar amid a firm dollar and higher crude oil prices.A sharp fall in domestic equity markets and uncertainties over the India-US trade deal further put pressure on the local...

New Delhi, February 24 State-owned Canara Bank announced on Tuesday that it plans to tap the Tier 2 bond market by launching a ₹5,000 crore issue to strengthen its capital base and support future growth plans.The issue is scheduled for February 26 on the Electronic Bidding Platform of the...

New Delhi, February 24 Copper futures rose by Rs 5.45 to Rs 1202.70 per kg on Tuesday due to increased spot demand.On the Multi Commodity Exchange, copper contracts for March delivery increased by Rs 5.45, or 0.46 percent, to Rs 1,202.70 per kilogram in a trading volume of 13,539 lots...

New Delhi, February 23 Precious metal prices rose by 3 per cent in the national capital on Monday, with silver surging to Rs 2.7 lakh per kilogram and gold advancing to Rs 1.6 lakh per 10 grams, due to strong demand for safe-haven assets amid growing global trade uncertainties following the US...

New Delhi, February 23 Copper futures rose by ₹2.35 to ₹1,198.40 per kg on Monday due to increased spot demand.On the Multi Commodity Exchange, copper contracts for March delivery increased by ₹2.35 or 0.2%, to ₹1,198.40 per kilogram, with a trading volume of 12,014 lots.Analysts attributed...

New Delhi, February 20 Copper futures rose by Rs 5.45 to Rs 1,192.50 per kg on Friday due to increased spot demand.On the Multi Commodity Exchange, copper contracts for March delivery increased by Rs 5.45, or 0.46 percent, to Rs 1,192.50 per kilogram in a trading volume of 2,526 lots...

New Delhi, February 20 Omnitech Engineering, a manufacturer of precision-engineered components, on Friday fixed a price band of ₹216-₹227 per share for its upcoming Initial Public Offering (IPO) worth ₹583 crore.At the higher end, the company is valued at over ₹2,800 crore.The company's...

Kolkata, February 19 Axis Mutual Fund aims to achieve over 20 per cent year-on-year growth in assets under management starting from 2026, based on improving corporate earnings, a strengthening capital expenditure cycle, and a large, untapped investor base, a top company official said on...

New Delhi, February 19 Copper futures rose by ₹2.35 to ₹1,210.65 per kg on Thursday due to increased spot demand.On the Multi Commodity Exchange, copper contracts for March delivery increased by ₹2.35, or 0.19 percent, to ₹1,210.65 per kilogram in a business turnover of 1,260 lots.Analysts...

New Delhi, February 18 Shares of cigarette and tobacco product manufacturers ITC, Godfrey Phillips India, and VST Industries rallied by 20% on Wednesday, amid reports that the companies had raised cigarette prices to offset the recent increase in excise duties.Godfrey Phillips India's stock...

Mumbai, February 18 The Reserve Bank said on Wednesday that a Unique Transaction Identifier (UTI) will become mandatory for all direct private trades in rupee interest rate and foreign currency derivatives from January 1, 2027.The UTI has been conceived as one of the key data elements...

New Delhi, February 18 Gold prices rose by Rs 1,297 to Rs 1,52,715 per 10 grams in futures trading on Wednesday, driven by fresh speculative positions in response to strong spot demand.On the Multi Commodity Exchange, gold contracts for April delivery traded higher by Rs 1,297 or 0.86 per...

Mumbai, February 18 The rupee rose by 5 paise to close at 90.67 (provisional) against the US dollar on Wednesday, driven by inflows of foreign funds and positive domestic equity markets.However, higher global crude oil prices and a strengthening US dollar limited the sharp gains in the local...

New Delhi, February 18 Copper futures rose by ₹15.35 to ₹1,191.95 per kg on Wednesday due to increased spot demand.On the Multi Commodity Exchange, copper contracts for March delivery increased by ₹15.35, or 1.3 per cent, to ₹1,191.95 per kilogram in a trading volume of 1,465 lots.Analysts...

Bengaluru, February 17 Closing bullion rates on Tuesday.1 Gm Gold (22-karat) - Rs 14,6001 Gm Gold (24-karat) - Rs 15,950Silver per Kg - Rs 2,52,300.

Global crude oil prices saw a slight decrease today. Brent crude was trading at approximately 0.12% lower, at $66 and 68 cents per barrel. West Texas Intermediate (WTI) crude was also trading almost unchanged, at $62 and 80 cents per barrel, according to the latest reports.

New Delhi, February 16 Shares of the non-banking financial company (NBFC) Aye Finance ended marginally lower on Monday, marking a subdued market debut against the issue price of Rs 129.The stock is listed at Rs 129 per share on both the NSE and the BSE. During the trading session, it reached a...

In the Indian bullion market, 24-carat gold was trading 0.5% lower at 1 lakh 55 thousand and 190 rupees per 10 grams. Silver was trading 1.7% lower at 2 lakh 40 thousand and 860 rupees per kilogram, as of a short time ago.At the Multi Commodity Exchange, the April contract for gold was trading...