Nifty closes just above 15,800; PSU banks, metals, and financials drag the market Nifty closes just above 15,800; PSU banks, metals, and financials drag the market Adani Ports, IndusInd Bank, Tata Motors, and Tata Steel emerged as the top losers. However, Wipro, Eicher Motors, HCL Technologies, and TCS managed to close higher despite weakness in the market. . Rohit Kale / Thursday, May 12, 2022 / Article rating: 5.0 Indices have fallen for the sixth consecutive day while Nifty plunged about 2.22 per cent to close at 15,808.
Splendid recovery towards the end saw Nifty close near 16,200; ONGC, Axis Bank and IndusInd Bank emerge as top gainers Splendid recovery towards the end saw Nifty close near 16,200; ONGC, Axis Bank and IndusInd Bank emerge as top gainers Among the sectors, realty, bank, metals, and media closed higher while IT, auto & FMCG closed on a weak note. Rohit Kale / Wednesday, May 11, 2022 / Article rating: 5.0 Indices witnessed a splendid recovery towards the end and Nifty recovered about 180 points to close at 16,167.10.
IPO Analysis: Venus Pipes and Tubes IPO Analysis: Venus Pipes and Tubes Venus Pipes & Tubes Limited (Venus) is a Gujarat-based manufacturer and exporter of stainless-steel pipes and tube Shashikant Singh / Monday, May 9, 2022 / Article rating: 4.1 Out of the net proceeds, Venus intends to use around Rs 108 crore to fund ongoing capacity expansion and Rs 25 crore for working capital requirement and general corporate purposes.
5IRE seeks to go public; secures USD 100 million capital commitment from global emerging markets 5IRE seeks to go public; secures USD 100 million capital commitment from global emerging markets 5IRE, the fifth generation blockchain network founded by two entrepreneurs of Indian origin, Pratik Gauri and Prateek Dwivedi, along with crypto financier Vilma Mattila Karan Dsij / Tuesday, February 15, 2022 / Article rating: 3.5 By investing in 5IRE, GEM will solidify its foothold in the emerging markets for sustainable level 1 blockchain with a highly diversified portfolio of use cases along with a growing cache of MoUs with government as well as private sector partners.