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12:13 PM
Is the upcoming Sebi meeting on F&O spooking the markets? What analysts say
This comes, after a study revealed that retail participation in the F&O segment rose multi-fold in the post Covid-19 era. The study also highlighted that nearly 90 per cent of the F&O trades incur net losses. The average loss of retail traders in F&O amounted to Rs 1.1 lakh in the fiscal year ended March 2022. READ MORE
12:01 PM
Delta Corp down over 5% on weak June quarter results; profit slips 68%
Delta Corp is the only listed company engaged in the casino (live, electronic and online) gaming industry in India. The company is engaged in diversified segments like casino gaming, online gaming, hospitality and real estate. READ MORE
11:51 AM
Sensex falls sharply, down 1,000 pts intraday; reason behind the fall?
The sudden downturn in the markets, according to analysts, was a long-due profit booking. Deepak Jasani, head of retail research at HDFC Securities noted that markets are seeing time-wise correction. “Profit booking was expected given the numerous opportunities where investors could have capitalised on gains,” he said. READ MORE
11:40 AM
Mankind Pharma rallies 5% after 3.7 mn shares change hands via block deal
In the March quarter of FY24, Mankind Pharma reported a significant increase in net profit, rising by 65.1 percent year-on-year to Rs 471.2 crore, compared to Rs 285.4 crore in the corresponding period of the previous year. READ MORE
11:28 AM
Emcure Pharma lists at 31% premium; should you buy, sell or hold the stock?
The robust debut follows an overwhelming response to Emcure Pharma’s IPO which saw an overall subscription rate of 67.87 times. The retail category was subscribed 7.36 times, while the Qualified Institutional Buyers (QIB) category saw an astonishing 191.24 times subscription. Additionally, the Non-Institutional Investors (NII) category was subscribed 49.32 times. READ MORE
11:05 AM
RVNL surges 10% multiple order wins; stock up over 200% thus far in 2024
The market price of RVNL has zoomed 88 per cent from its previous month’s low of Rs 312, touched on June 5. Besides, thus far in the calendar year 2024, RVNL share price has skyrocketed 223 per cent as compared to 11 per cent rise in the benchmark index. READ MORE
10:49 AM
KIMS stock zooms 4% on acquiring 200-bed multi-specialty hospital in Vizag
B Bhaskara Rao, CMD, KIMS Hospitals said “This is our 2nd Hospital in Visakhapatnam (KIMS-ICON Hospitals was acquired in 2018). It underscores the tremendous opportunity we see in this city and we’ll continue to look for inorganic opportunities to build on our dominant position in Andhra Pradesh. With the addition of Queens’s NRI Hospital, we now have over 630 beds in Vishakapatnam to provide world class healthcare facilities.” READ MORE
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