The stocks of Medplus Health Services traded way above the opening price and closed around Rs. 1120 on both the stock exchanges with a gain of around 40.70% compared to its issue price. The gain was backed up by two main factors, viz. a three-day uptrend in the stock market and large demand received by …
The shares of Medplus Health Services made their debut today on both the stock exchanges, BSE and NSE. On the National Stock Exchange, they listed at Rs. 1040 and started trading higher since the first trade. It gave a similar performance in early trading hours on the Bombay Stock Exchange as well after listing at …
CE Info Systems, a digital mapping company known for its brand MapmyIndia, opened at Rs. 1,581 per share on the BSE, 53% higher than its issue price. On the NSE, its shares registered a gain of 51.5% from its issue price as it got listed at Rs. 1,565 per share despite volatility in the equity …
An Overview Oil prices rose slightly on Tuesday, as investors were concerned by the rapid spread of the Omicron pandemic type throughout the world, forcing nations to explore more restrictions that might reduce fuel consumption. By 0105 GMT, Brent oil prices had risen 9 cents, or 0.1 percent, to $71.61 a barrel, while WTI crude …
During the week ending December 17, the market corrected practically every day, bringing the benchmark indexes’ total weekly loss to 3%. As a consequence, bearish candle formation appeared on weekly charts, signaling market bearishness. Experts believe the index will be dragged towards the recent low of 16,782 levels, and if this level is broken, a …
Indian stocks trade under pressure at the stock witness sell-off right after a gap up opening on Friday, the 17th December 2021. The alerted investors seem to be booking their profits in the long rally after the rise in Omicron cases are being reported. All Asian shares trade under pressure. The flagship index of the National Stock …
An Overview Fear has gripped the Indian equity market trader community. SEBI consultation paper on algorithmic or algo trading is the catalyst. The regulation raises concerns about how algo trading is marketed to novice investors. The old guards are concerned that the regulator would throw the algo baby out with the bathwater and, rather than …
The impact of the new Covid-19 variant, Omicron, may reportedly be not as severe on the country’s economy, according to the latest economic review from the government. The report notes that although it does pose some risk to the current recovery on the global scale, its impact may not be as adverse on India’s economy …
Headwinds from the outside continue to pose a threat. Global commodity prices are still high (although oil prices have dropped slightly), and the US Federal Reserve has begun to reduce its asset purchases. Despite a favourable base and petroleum tax decrease, retail inflation surged to a three-month high of 4.91 percent in November, as core …
Today, on the 14th of December 2021, the shares of the private wealth management company, Anand Rathi Wealth, are listed on the stock exchanges at Rs. 602, giving profits of more than 9% on the issue price of Rs. 550. Private wealth is a type of investment management service that offers clients a suite of …
