Yatharth Hospital IPO Detailed (Subscribe)
Highlights Issue Size – : 23,744,672 – 22,885,023 sharesIssue Open/Close – Jul 26 /Jul 28, 2023Price Band (Rs.) 285-300Issue Size- Rs 6770 mm – 6870 mnFace Value (Rs) 10Lot Size (shares) 50 Yatharth Hospital and Trauma Care Services Limited, incorporated in 2008, is a multi-care hospital network. They are among the top ten largest private hospitals in Delhi’s National Capital...
Weekly Market Wrap From 17th July to 21st July 2023
Nifty faces hurdles near 20K; Fed Meeting, Q1FY24 results season in focus The benchmark indices gained for the fourth consecutive week despite a 1 pct decline on Friday which was mainly triggered by disappointing full-year guidance by Infosys. However, the sentiments were upbeat for the most part of the week on the demerger-led value unlocking of Reliance Industries and sustained FII...
Market Morning Notes For 24th July 2023
Markets for the week settled with gains of 0.9% after Friday’s meltdown in technology stocks obstructed Nifty’s momentum to test psychological mark of 20,000. The weekly chart of Sensex Top-9 stocks Index witnessed negative closing with formation of shooting star appearing near upthrust of rising wedge. This move indicates immediate downside of 7% in Sensex Top-9 stocks index which holds 65%...
Market Morning Notes For 21st July 2023
Markets scaled further to new highs on the back of a surge in Bank Nifty crossing above 46,000 levels and Reliance demerged stocks forming part of the Sensex and Nifty 50 Index. This occurred along with India VIX crossing its intermediate peak occurring on 5th Jul, while the Nifty 100 Equal Weighted Index continues to see the desperation to sustain at higher levels. Although, Nifty has...
Market Morning Notes For 20th July 2023
Markets advanced further to surpass 19,800 in Nifty during the last hour of trade with gains mainly on the back of a surge in Bank Nifty. The broader market Index – Nifty 100 Equal Weighted Index has formed a small rising wedge on the daily chart which shows the market is on the verge of completing its ending diagonal with an immediate reaction of 3% lower. We advocate a cautious...
Market Morning Notes For 19th July 2023
Markets extended a rally on continued buying by the FIIs with the Nifty clearing the much-awaited 19,800 mark. The Indian VIX continues to gain and is at 11.7. The sudden surge in India VIX provides a warning signal that the up move remains unsustainable and may trigger a sharp reversal in the coming days. The Nifty 50 Total Return Inverse Index, which tracks the Nifty 50 Index inversely, has...
Market Morning Notes For 18th July 2023
Markets rallied further on Monday on the back of domestic buying to help Nifty clear 19,700 levels but India VIX suddenly shot up by 6% to the 11.3 level mark. The sudden surge in India VIX provides a warning signal that the up move remains unsustainable and may trigger a sharp reversal in the coming days. The Nifty 50 Total Return Inverse Index, which tracks the Nifty 50 Index inversely, has...
Netweb Technologies IPO Detailed (Subscribe)
Highlights Issue Size – 1.262 – 1.284 cr sharesIssue Open/Close – Jul 17 /Jul 19, 2023 Price Band (Rs.) 475-500Issue Size- Rs 6,098- 6,310 mnFace Value (Rs) 2Lot Size (shares) 30 Netweb Technologies India Ltd. (NTIL) is a Delhi-based High-end Computing Solutions (HCS) provider. They serve a variety of industries, including IT, IT-enabled services, entertainment, media, BFSI,...
Income Tax Refund: How to check and claim Income Tax Refund
As per Section 237 of the Income Tax Act, of 1961, taxpayers can claim a refund on their ITR for any extra tax paid. However, many people are unaware of their eligibility to claim a refund. So, let’s find out what exactly is an ITR refund, how to check if you can claim it, and how to claim it. What is an Income Tax Refund? Have you ever encountered a situation where you’ve paid...