Sat Kartar Shopping IPO shares listed on the stock exchange with a 90 percent premium on January 17. The SME issue was subscribed over 300 times in its three-day bidding window between January 10 - 14 in the primary market.The shares of Sat Kartar Shopping Limited were listed at Rs 153.90 per share on the NSE Emerge platform, a strong premium of 90 percent against its issue price. The SME issue wa...

The local currency opened at 86.56 against the US dollar and is currently traded at 86.57 against the dollar, as compared to 86.57 at the close of the previous trading session against the greenback.The rupee opened marginally down on January 17 as Brent crude prices continued to rise.The Indian currency opened at 86.56 against the US dollar and traded at 86.57 around 10 am. It closed at 86.57 in t...

Benchmark indices Nifty and Sensex started off the session on January 16 on a weak footing, snapping a three-day winning streak amid weak global cues. While investor sentiment got a boost in recent sessions after cooler-than-expected US inflation figures for December, the uptrend in global markets eventually gave way to profit booking. Adding to that, a slew of high-profile quarterly earnings also...

Hong Kong-based brokerage CLSA added telecom player Indus Towers Ltd. to its 'high conviction' list, indicating increased bullishness on the counter.The brokerage upgraded the counter to a 'high conviction' outperform, with a target price of Rs 575 per share, which implies a whopping 62 percent upside from the previous session's closing price.At 9.35 am, shares of Indus Towers were quoting Rs 358....

Shares of Infosys slumped over 5 percent on January 17, tracking the near 6 percent plunge in the American Depository Receipts (ADRs) of the company listed on the New York Stock Exchange (NYSE) overnight. While the information technology major's October-December earnings came in ahead of market estimates, its revised revenue growth guidance, hinting towards a weaker Q4 may have triggered the fall....