PSP Projects has set a floor price of Rs 682.59 a share for the QIP but may offer a discount of up to 5 percentShares of PSP Projects rose around 4 percent in the opening trade on April 23 after the company launched a qualified institutions placement (QIP) in a bid to raise Rs 244 crore.At 9.45 am, PSP Projects was trading at Rs 714 on the NSE.The company has fixed a floor price of Rs 682.59 per s...

The benchmark Sensex and Nifty indices traded in the positive territory on April 23 morning backed by strong global cues. As corporate earnings season progresses, analysts believe stock-specific action will take place. However, they recommend caution, given the geopolitical uncertainties and the onset of general elections.Around morning, the Sensex was up 190.02 points or 0.26 percent at 73,838.64...

Manappuram Finance shares derivative data suggesting a build-up of a long position in Manappuram Finance, with the May series gaining a premium of half a percent.To capture this bullish set Avdhut Bagkar, Derivatives & Technical Analyst at StoxBox recommends taking a Long position by buying a call option.Position: Buy Manappuram Finance May 30 190 CEEntry Range: Rs 9 – 11,Stop loss: Rs 2 as a st...

Benchmark indices Sensex and Nifty continued to trade in green on April 22 afternoon as investors bought across sectors. The cheer was visible in broader markets as well, with BSE Midcap and BSE Smallcap indices outperforming frontline indices.Around noon, the Sensex was up 410.82 points, or 0.56 percent, at 73,499.15, and the Nifty was up 148 points, or 0.67 percent, at 22,295. The market breadth...

NTPC shares were trading lower in early trade on April 22 after the company's wholly-owned subsidiary signed a Memorandum of Understanding (MoU) with Indus Towers."NTPC Green Energy Limited (NGEL) and Indus Towers Limited (ITL) on April 18 signed an MoU to address the need for pacing green energy objectives and the GOI’s efforts towards carbon neutral economy," the company said.NTPC Green Energy...