Is rights issue a scam where promoters gain at the cost of retail investors?
Is rights issue a scam where promoters gain at the cost of retail investors?

Is rights issue a scam where promoters gain at the cost of retail investors?

Isn’t it like a Diwali bonanza or in financial terms, a Ponzi scheme?!

Karan Dsij Article rating: 4.0

Usually, the rights issue is offered at a discount but there is no specified limit that a company can offer a discount on its rights issue. So, here comes a big loophole!

Overnight Digest: Stocks to keep an eye on August 19
Overnight Digest: Stocks to keep an eye on August 19

Overnight Digest: Stocks to keep an eye on August 19

Keep a watch on these stocks for Friday's trading session.

Shreya Chaware Article rating: 4.2

Post recording a fall of 300 points during Thursday's trading session, the Sensex recouped all of its losses to end at the 60,298 level, being up by 38 points or 0.06 per cent, whereas the Nifty 50 recovered from a low of 17,852 to end at 17,965, up 21 points or 0.12 per cent. 

Stocks below Rs 100: Only buyers seen in these scrips on August 5
Stocks below Rs 100: Only buyers seen in these scrips on August 5

Stocks below Rs 100: Only buyers seen in these scrips on August 5

At market close on Friday, the headline equity indices, i.e. Sensex and Nifty 50 ended on the higher side after RBI hiked the repo rate by 50 basis points as was expected by analysts & economists. 

Sayali Kotwal Article rating: 3.9

At market close on Friday, the headline equity indices, i.e. Sensex and Nifty 50 ended on the higher side after RBI hiked the repo rate by 50 basis points as was expected by analysts & economists. The repo rate is at 5.40 per cent now whereas standard deposit facility (SDF) and marginal standing facility (MSF) rates stand at 5.15 per cent & 5.65 per cent, respectively.  

Overnight Digest: Stocks likely to be in focus on July 18
Overnight Digest: Stocks likely to be in focus on July 18

Overnight Digest: Stocks likely to be in focus on July 18

Have a look at some stocks that should be on your radar for Monday's trading session.

Shreya Chaware Article rating: 5.0

On the last day of the week, benchmark indices zoomed towards the end of the session, closing higher for the first time this week.  Sensex advanced 344.63 points while Nifty gained 116.25 points at the close. 

Stocks below Rs 100: Only buyers seen in these scrips on July 15
Stocks below Rs 100: Only buyers seen in these scrips on July 15

Stocks below Rs 100: Only buyers seen in these scrips on July 15

The shares of Kingfa Science and Technology (India) have seen large volume trading for the past two sessions and have gained 7 per cent today.

Sayali Kotwal Article rating: 4.3

At 11.15 am on Friday, the headline equity indices, i.e. Sensex and Nifty 50 were trading marginally higher, as Markets are giving mixed reactions to the rising inflation. 

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