Posts

Showing posts with the label agstransact

Sensex Sheds 293 pts on Last Day of 2022, Nifty Settles at 18,100; Bajaj Twins Shine

Image
[ad_1] FILE PHOTO: A man looks at a screen across a road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, India, June 29, 2015. REUTERS/Danish Siddiqui Sensex Today: Domestic markets started Friday's Trade on a positive note, amid firm global cues. Sensex Today:  The benchmark indices ended on negative note amid volatility on December 30, the last trading session of year 2022, with Nifty around 18,100. S&P BSE Sensex rallied to a high 61,393 in Friday’s morning trades. The benchmark index, thereafter, pared gains and slipped into the negative zone as the day progressed owing to weakness in index heavyweights ICICI Bank and HDFC twins. A heavy bout of selling in late trades, saw the BSE index plunge to a low of 60,744 – down 293 points from the day’s high. The Sensex finally ended the day with a loss of 293 points at 60,841. Despite the day’s loss, the BSE benchmark managed to gain 1.7 per cent this week, and also signed-off the...

Stock Market Updates: Sensex Opens Flat, Nifty50 Above 18,050; Key Points

Image
[ad_1] Last Updated: January 18, 2023, 09:29 IST FILE PHOTO: A man looks at a screen across a road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, India, June 29, 2015. REUTERS/Danish Siddiqui Sensex Today: Key benchmarks opened on a positive note today. Sensex Today: Key benchmarks opened on a positive note today. Quarterly results, coupled with global trends, oil prices, and foreign fund flow, are expected to guide investors in Wednesday’s trade. The S&P BSE Sensex was quoting at 60,708 levels in early deals, up 2 points or 0.09 per cent. The Nifty50, meanwhile, was at 18,076 levels. In the broader markets, the BSE MidCap and SmallCap indices outrun frontline indices by gaining up to 0.2 per cent. Among sectors, the Nifty Metal index led from the front, advancing 0.8 per cent on the National Stock Exchange (NSE). On the flipside, the Nifty Realty index fell 0.5 per cent to trade as the top dragging index on the exchange. Global Cu...

Worst Performing IPOs Of 2022. And What You Can Learn From These Debacles

Image
[ad_1] Due to dampened sentiment, too many companies were listed at a discounted price.(File)) A lot happened in the financial markets in calendar year 2022. One of the notable events of 2022 was the long pause of 80 days in the primary markets. Indian share markets suffered in the first half of 2022 because of the pandemic, geopolitical tensions, interest rate hikes, and supply chain disruptions. As a result, due to dampened sentiment, too many companies were listed at a discounted price. Considering the scenario, even the big companies that had their prospectus approved, didn't come out with their respective offer. Oyo, Snapdeal, and many other start-up IPOs deferred their IPO plans. This scenario re-emphasises the belief of the greatest investor of all time - Warren Buffett. Way back in 2004, the Oracle of Omaha explained in his AGM, “ An IPO situation more closely approximates a negotiated deal. I mean, the seller decides when to come to market in most cases. And they don...