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Latest Stock Market News

Gold Plus Industry to raise Rs 1,200 crore via IPO

Updated at : 2021-10-20 22:20:01

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“The company may file the Draft Red Herring Prospectus (DRHP) by December or January and the share sale may be launched early next calendar year,” said one of the persons cited above.

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Arihant Superstructures has clocked sales bookings of 831 apartments in the first half of the financial year 2021-22 (April-March), registering 159 per cent on-year growth indicating robust sales velocity.

The Dow Jones Industrial Average rose 17.85 points, or 0.05 per cent, at the open to 35,475.16.

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The cryptocurrency soared to $65,778, according to CoinMarketCap.

“We took a leaf from the way Disney runs their theme park. They made it experiential. We have to make movie going experiential, we cannot be utilitarian and that is what we are working on.”

Stock market update: Nifty Pharma index falls 1.44%

Updated at : 2021-10-20 19:20:01

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The Nifty Pharma index closed 1.44 per cent down at 14177.35.

The losses were led by some of the most popular names among retail investors such as IRCTC, Deepak Nitrite, Navin Fluorine, Balrampur Chini and Dixon Technologies. The sudden selling was triggered as retail investors rushed for the door in anticipation of further losses in the market in the coming days.

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IRCTC continued its freefall after the F&O ban, whereas Chemical stocks bled amidst the expectation of a flop shop in Q2. TCI led the gainers, whereas Vodafone Idea was on a roll after the company announced to opt for a moratorium for the dues.

Crude juggernaut, spike in US yields intensify gilt market fears of an early RBI tightening

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The 14-day relative strength index (RSI) has slipped from an overbought zone (70) and Stochastic suggests negative crossover. Analysts said the index has support at 18,200 level while they see 18,600 as a key hurdle for the index.

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