📰 Latest Economy & Stock Market News
This debutant stock is trading at a discount. Can it deliver big gains?
Updated at : 2021-10-13 14:20:01

The stock got listed on August 23 at Rs 471, a 17.37 per cent discount to its issue price of Rs 570. Though the stock fully recovered, making a 52-week high of Rs 577.50 on September 9, it has been falling since then.

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Share price of Petronet LNG falls as Sensex gains 443.28 points
Updated at : 2021-10-13 14:20:01

Promoters held 50.0 per cent stake in the company as of 30-Jun-2021, while FII and DII ownership stood at 31.06 per cent and 4.89 per cent, respectively.

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SFB will start with at least Rs 1,800 crore capital from Centrum and BharatPe: Jaspal Bindra
Updated at : 2021-10-13 14:20:01

“Being a retail digital bank was the ultimate aim and our choice of partner in the banking venture explains our aspiration to be digital.”

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Don’t chase the momentum, stick to Infosys, HCL Tech in IT: Hemang Jani
Updated at : 2021-10-13 14:20:01

“Focus on tier-1 IT companies given their relative valuation attractiveness and tendency to narrow down the valuation differential over time.”

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Salman Khan to launch his NFT collection​ soon
Updated at : 2021-10-13 14:20:01

According to a white paper filed by BollyCoin.com, digital collectibles from Bollywood will be auctioned on Ethereum blockchain, providing an innovative way for Bollywood fans from around the world to own NFTs of their favourite Bollywood films and celebrities.

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Adani Green shares drop 0.75% as Sensex rises
Updated at : 2021-10-13 14:20:01

A total of 16,682 shares changed hands on the counter till 02:02PM (IST)

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Power Finance Corp. shares up 1.48% as Nifty gains
Updated at : 2021-10-13 13:20:01

A total of 322,074 shares changed hands on the counter till 11:22AM (IST).

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Mohnish Pabrai's fund bought stake in Rain Ind in Q2, sold Kolte-Patil
Updated at : 2021-10-13 13:20:01

Together the two Pabrai funds owned 5.6 per cent stake in Rain Industries in the September quarter compared with 4.35 per cent at the end of the June quarter and 8.72 per cent at the end of the March quarter.

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Centrum Capital soars 19% after SFB nod from RBI
Updated at : 2021-10-13 13:20:01

Shares of Centrum Capital have zoomed as much as 175 per cent in the calendar year 2021 so far, against a 27 per cent rise in BSE Sensex. The counter has gained more than 35 per cent in the last one month.

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What fear? Earnings could compound 28-30% for next three years: Hiren Ved
Updated at : 2021-10-13 13:20:01

“It is not just about liquidity. The big story about this market really lies in earnings. There could be some kind of a time correction from here onwards or maybe markets could go higher and then time correct, but I am not fearful of the markets at all.”

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