The initial public offering (IPO) for RR Kabel will open for subscription from September 13, 2023. The IPO price band is set at Rs 983-Rs 1,035 per share with a face value of Rs 5 each. At the upper end of the price band, RR Kabel aims to raise Rs 1,964.01 crore from the IPO. The IPO comprises fresh issue of equity shares worth Rs 180 crore and an offer for sale (OFS) of 1.72 crore equity shares worth Rs 1,784 crore by the promoters and investors
Gokaldas Exports, Hinduja Global Solutions, Kalyani Forge, Oricon Enterprises, Vijaya Diagnostic Centre are among the stocks that will turn ex-dividend today
"In the short term, the headline index Nifty is expected to maintain its strength as long as it stays above the critical short-term support level of 19,780. On the higher end, a decisive move above 20,100-20,150 could propel Nifty toward 20,500 in the short term," said Rupak De, Senior Technical analyst at LKP Securities
Continue viewing BT Visual Story
Catch the latest business news, share market updates, expert analysis and exclusives only on BTTV.in
"After a remarkable upward movement over the past week, the market experienced selling pressure from higher levels. Call writers have significantly increased open interest at the 46,000CE strike, which is now acting as a strong resistance level. On the downside, key support is seen at 45,200, and if it manages to hold this support, we could witness some recovery towards 45,600 or 45,800 levels,” said Kunal Shah, Senior Technical & Derivative analyst at LKP Securities
"Gold price is trading in Falling channel and remained below 50-DMA level placed at 59,069, which will be immediate resistance on the chart. Also, we can observe Bearish crossover on MACD alongside emergence of negative zero-line which indicates further bearish biasness in Gold price. Here, crucial support would be at 58,700 and if price break through this mark, we may expect further decline towards 58,505-58,425 in evening session," said Aamir Makda, Commodity & Currency Analyst, Choice Broking
"Crude prices remained stable ahead of US CPI data to be release on Wednesday. Also, OPEC+ has announced further output cut which have fueled the price. Immediate support would be at 20-EMA level on Intraday chart placed at 7,200 level and if price sustains through this level, we may expect further upward move in Crude towards 7,375. Key resistance would be at previous week’s high at 7,315," said Aamir Makda, Commodity & Currency Analyst, Choice Broking
The Securities Appellate Tribunal (SAT) on September 8 deferred the final hearing of SEBI's confirmatory order to September 13 and 14. Securities Exchange Board of India (SEBI) is expected to finish its arguments on September 13 while Goenka's lawyers are expected to give a rejoinder to SEBI's arguments on September 14
India will receive the first of its 56 C-295 transport aircraft on Wednesday that will replace the ageing Avro fleet of the Indian Air Force. IAF chief Air Chief Marshal (ACM) V R Chaudhari will receive the first aircraft at the Airbus facility in Spain’s Seville. The aircraft will then be flown to Hindan Air Force Station in India where a formal induction ceremony is likely to take place late this month
Rain activity is set to increase in Uttarakhand from Wednesday onwards, said Indian Meteorological Department (IMD) Monday. Several places in the state are likely to receive heavy showers between September 13 and 15. IMD predicted heavy rain with a high possibility of landslide in Himachal Pradesh. It has also issued orange and yellow alerts for three days after September 13 in the state
Public sector OMCs including BPCL, IOCL and HPCL revise their petrol price and diesel price daily in line with international benchmark prices and forex rates. Petrol and diesel prices remained stable today