Equity benchmarks witnessed a 1.5 percent correction on May 29, extending their weakness for a third straight session. Market breadth turned negative, with about 2,081 shares declining against 925 advancing shares on the NSE. The market may consolidate further as long as it remains below short-term moving averages, with support placed at the May low. Below are some short-term trading ideas to cons...

The benchmark indices started the week on a strong note, with the Nifty 50 rising 0.68 percent on February 9 amid healthy market breadth. A total of 2,324 shares witnessed buying interest compared to 612 declining shares on the NSE. The bullish momentum is expected to continue in the upcoming sessions. Below are some short-term trading ideas to consider:Jigar S Patel, Senior Manager - Equity Resea...

The shares of Bombay Stock Exchange (BSE) dropped nearly 6 percent in the morning trading hours of February 1, after market regulator SEBI gave its much-awaited NOC for rival NSE’s initial public offering. IFCI shares meanwhile jumped around 12 percent.The shares of BSE fell to Rs 2,638 apiece, extending losses for the second consecutive session. IFCI shares meanwhile rose to Rs 61.69 apiece, sn...

New Delhi: Infrastructure term lender IFCI Ltd on Friday said it has received shareholders' approval to raise up to Rs 1,000 crore in tranches by issuing various securities. The company sought authorisation from the shareholders for making offer to subscribe to securities/raise funds through private placement in one or more tranches up to an amount of Rs 1,000 crore, during a period of one year fr...

MUMBAI: IFCI Venture Capital Fund today sold 69,721 shares of Him Teknoforge at Rs. 129.8 apiece through a bulk deal on the BSE.Shares of Him Teknoforge ended 8.8 per cent lower at Rs. 127.8 on the BSE.Following are the other major bulk deals that took place on the BSE today:...