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Sensex rises over 100 points in early trade; Nifty tops 18,100

  • After opening on a choppy note, the 30-share index was trading 118.07 points or 0.20 per cent higher at 60,663.68 in initial deals. Similarly, the Nifty rose 36.45 points or 0.20 per cent to 18,105 amid high volatility.
BSE sensex
BSE sensex
Updated on Nov 09, 2021 09:57 AM IST
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PTI |

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The largest and second-largest cryptocurrencies rose as far $67,700 and $4800, respectively.
Representative Image
Representative Image
Published on Nov 09, 2021 08:32 AM IST
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By hindustantimes.com, New Delhi

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Ahead of the rollout of the 3-day IPO, which will close on Thursday, Sapphire Foods said on Monday it had raised 933 crore from anchor investors.
Sapphire Foods operates KFC and Pizza Hut outlets in India (Image used only for representation)
Sapphire Foods operates KFC and Pizza Hut outlets in India (Image used only for representation)
Published on Nov 09, 2021 06:34 AM IST
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By hindustantimes.com, New Delhi

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Paytm IPO has received a mixed response from analysts, with some calling it a good bet to ride India's fintech wave and others pointing at expensive pricing. It is expected to be the biggest since Coal India's IPO in 2010.
Paytm IPO comprises fresh issue of up to <span class='webrupee'>₹</span>8,300 crore, offer for sale of up to <span class='webrupee'>₹</span>8,300 crore(Reuters File Photo)
Paytm IPO comprises fresh issue of up to 8,300 crore, offer for sale of up to 8,300 crore(Reuters File Photo)
Published on Nov 09, 2021 05:54 AM IST
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By hindustantimes.com | Written by Amit Chaturvedi, Hindustan Times, New Delhi

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Gujarat was followed by Haryana, Punjab, Tamil Nadu, and Maharashtra.
The LEADS report also aims to enhance focus on improving logistics performance across states which is key to improving the country's trade and reducing transaction cost.(Mint Archive)
The LEADS report also aims to enhance focus on improving logistics performance across states which is key to improving the country's trade and reducing transaction cost.(Mint Archive)
Published on Nov 08, 2021 07:51 PM IST
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Written by Shankhyaneel Sarkar | Edited by Avik Roy, Hindustan Times, New Delhi

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At $2.46 billion ( 18.300 crore), PayTm IPO is expected to be the biggest in India. The feat was earlier set by Coal India in 2010 wherein the state-run company had collected 15,200 crore.
Founder and CEO of Paytm Vijay Shekhar Sharma.(Livemint)
Founder and CEO of Paytm Vijay Shekhar Sharma.(Livemint)
Published on Nov 08, 2021 05:30 PM IST
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Written by Sharangee Dutta, Hindustan Times, New Delhi

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The private sector lender will now be offering home loans starting from 6.55 per cent, as against 6.50 per cent earlier, as per an official statement.
The new rates will be applicable till December 10, a statement by Kotak Mahindra Bank said.(Mint)
The new rates will be applicable till December 10, a statement by Kotak Mahindra Bank said.(Mint)
Published on Nov 08, 2021 05:09 PM IST
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PTI | | Posted by Sharangee Dutta, Hindustan Times, New Delhi

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After a volatile session, the 30-share index ended 477.99 points or 0.80% higher at 60,545.61. Similarly, the Nifty surged 151.75 points or 0.85% to 18,068.55.
Sensex gains 477 points to close at 60,545; Nifty ends above 18,000.(File Photo)
Sensex gains 477 points to close at 60,545; Nifty ends above 18,000.(File Photo)
Updated on Nov 08, 2021 03:52 PM IST
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PTI | , Mumbai

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Expert advice on whether to invest your money in India's largest IPO, Paytm, which opens for subscriptions today
Paytm aims to raise <span class='webrupee'>₹</span>18,300 crore at a band of <span class='webrupee'>₹</span>2,080-2,150, valuing the company at <span class='webrupee'>₹</span>1.39 trillion at the top end.(REUTERS)
Paytm aims to raise 18,300 crore at a band of 2,080-2,150, valuing the company at 1.39 trillion at the top end.(REUTERS)
Updated on Nov 08, 2021 05:24 PM IST
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By Vertika Kanaujia

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“India has made remarkable progress in financial inclusion metrics and is now ahead of China!” said Soumya Kanti Ghosh, SBI's group chief economic advisor.
Research showed a perceptible decline in crime has been observed in states that had a higher number of Pradhan Mantri Jan-Dhan Yojana accounts, the SBI report said.(Representational image)
Research showed a perceptible decline in crime has been observed in states that had a higher number of Pradhan Mantri Jan-Dhan Yojana accounts, the SBI report said.(Representational image)
Published on Nov 08, 2021 12:41 PM IST
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By hindustantimes.com, Hindustan Times, New Delhi

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Gold Price and Silver Price Today. Here’s the latest update on spot gold prices, currency exchange rates and other precious metal rates in India as on Monday, Nov 08, 2021
Today Gold Price, Silver Price: Gold Rate and along with other precious metal prices in India on Monday, Nov 08, 2021
Today Gold Price, Silver Price: Gold Rate and along with other precious metal prices in India on Monday, Nov 08, 2021
Published on Nov 08, 2021 10:01 AM IST
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By HT Analytics

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  • The blue chip NSE Nifty 50 index fell 0.30% to 17,863.05 and the benchmark S&P BSE Sensex fell 0.29% to 59,895.40 by 0401 GMT.
Markets had gained in Thursday's special one-hour trading session and were shut on Friday for the festive season of Diwali.(MINT_PRINT)
Markets had gained in Thursday's special one-hour trading session and were shut on Friday for the festive season of Diwali.(MINT_PRINT)
Updated on Nov 08, 2021 09:47 AM IST
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Reuters |

Petrol price highest in Sriganganagar, 33.38 cheaper in Port Blair

After the Centre's announcement of duty cut, 22 states and union territories reduced the Value Added Tax (VAT), after which the price came down by as much as 12 a litre.
Excise duty on petrol and diesel was reduced by <span class='webrupee'>₹</span>10 and petrol by <span class='webrupee'>₹</span>5.(HT Photo)
Excise duty on petrol and diesel was reduced by 10 and petrol by 5.(HT Photo)
Published on Nov 08, 2021 08:53 AM IST
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By hindustantimes.com | Written by Amit Chaturvedi, Hindustan Times, New Delhi

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Several companies including Paytm have tapped capital markets this year in a fund-raising frenzy on the back of record highs hit by the Indian stock market, which has outperformed Asian peers so far.
Paytm IPO will launch for three days - from November 8-10.(Reuters File Photo)
Paytm IPO will launch for three days - from November 8-10.(Reuters File Photo)
Published on Nov 08, 2021 06:45 AM IST
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By hindustantimes.com | Written by Amit Chaturvedi, Hindustan Times, New Delhi

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Citibank said in an email sent to its customers that its operations will be affected on Nov 8 "as our systems are undergoing a scheduled maintenance". Citibank has a substantial setup of credit card business in India.
People walk past a Citibank branch in New York.(Reuters File Photo)
People walk past a Citibank branch in New York.(Reuters File Photo)
Published on Nov 06, 2021 11:20 AM IST
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By hindustantimes.com | Written by Amit Chaturvedi, Hindustan Times, New Delhi

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India is participating at the six-month Expo 2020 Dubai running from October 1, 2021 to March 2022. The India Pavilion in Expo 2020 Dubai started on October 1 to showcase a resurgent India’s march to becoming a $5 trillion economy in the post-covid world.
A view of the India Pavilion at the Dubai Expo.(ANI)
A view of the India Pavilion at the Dubai Expo.(ANI)
Published on Nov 06, 2021 03:41 AM IST
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By HT Correspondent, Hindustan Times, New Delhi

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Union Budget 2022 will continue to focus on transformational reforms introduced by the Narendra Modi government in the last seven years
The finance ministry aims to finalise a provisional budget estimate statement before the first advance estimates of GDP are released on January 7 next year (Sonu Mehta/HT PHOTO)
The finance ministry aims to finalise a provisional budget estimate statement before the first advance estimates of GDP are released on January 7 next year (Sonu Mehta/HT PHOTO)
Updated on Nov 06, 2021 03:50 AM IST
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By Rajeev Jayaswal, Hindustan Times, New Delhi

Diwali shopping helped generate 1.25 lakh cr, breaks 10-year record: Trade body

  • The trade figures come as a major boost to businesses reeling under the restrictions imposed by governments owing to the coronavirus disease (Covid-19) pandemic.
The trader's body said that people thronged to the markets which sparked the expectation of better business prospects in the near future.(Vipin Kumar /HT Photo)
The trader's body said that people thronged to the markets which sparked the expectation of better business prospects in the near future.(Vipin Kumar /HT Photo)
Published on Nov 05, 2021 09:38 PM IST
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Retail investors are often left high and dry at the time of share allotment, considering most of the IPOs these days are getting oversubscribed. So how should one ride on the IPO craze and benefit from the excitement?
So what should an investor consider while putting their hard-earned money in IPOs
So what should an investor consider while putting their hard-earned money in IPOs
Updated on Nov 06, 2021 01:55 PM IST
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By Vertika Kanaujia

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  • Quora's listing plans come on the heels of a record-breaking year for IPOs. A number of big-name tech startups including Stripe, Instacart, Rappi and GoPuff are preparing to go public next year, sources have told Reuters.
The Mountain View, California-based company was valued at around $2 billion in a private funding round in 2019.
The Mountain View, California-based company was valued at around $2 billion in a private funding round in 2019.
Published on Nov 05, 2021 08:03 PM IST
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Reuters | | Posted by Sharangee Dutta, Hindustan Times, New Delhi

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  • The ministry of consumer affairs, food & public distribution said that the government's intervention has resulted in major edible oils players, including Adani Willmar and Ruchi industries, cutting wholesale prices by 4 -7 per litre.
The government said the edible oil prices are still higher than a year ago but there has been a declining trend from October onwards.(Bloomberg)
The government said the edible oil prices are still higher than a year ago but there has been a declining trend from October onwards.(Bloomberg)
Published on Nov 05, 2021 07:47 PM IST
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By hindustantimes.com | Edited by Kunal Gaurav

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North India is seeing a spike in pollution levels and a dip in the air quality. The timing is right as Dyson’s new purifiers - Dyson Purifier Cool and Dyson Purifier Hot+Cool - are replacing similarly named models in the range
Dyson’s latest air purifiers are close to pollution-fighting perfection. (Dyson/ Supplied photo)
Dyson’s latest air purifiers are close to pollution-fighting perfection. (Dyson/ Supplied photo)
Published on Nov 05, 2021 02:29 PM IST
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Gold Price and Silver Price Today. Here’s the latest update on spot gold prices, currency exchange rates and other precious metal rates in India as on Friday, Nov 05, 2021
Today Gold Price, Silver Price: Gold Rate and along with other precious metal prices in India on Friday, Nov 05, 2021
Today Gold Price, Silver Price: Gold Rate and along with other precious metal prices in India on Friday, Nov 05, 2021
Updated on Nov 05, 2021 10:02 AM IST
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By HT Analytics

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  • The NSE Nifty 50 index closed 0.49% higher at 17,916.8 in a special "muhurat" one-hour trading session on Thursday, while the benchmark S&P BSE Sensex was up 0.49% at 60,067.62.
The 10-year benchmark bond yield ended at 6.36% on Wednesday.(Bloomberg)
The 10-year benchmark bond yield ended at 6.36% on Wednesday.(Bloomberg)
Published on Nov 05, 2021 08:50 AM IST
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Reuters |

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Airbnb said its net income was nearly four times the $219 million that it earned a year earlier and nearly triple the $267 million it reported in the third quarter of 2019.
Shares of Airbnb Inc. gained about 1% in after-hours trading after rising 3% to $178.45 in the regular session.(AFP)
Shares of Airbnb Inc. gained about 1% in after-hours trading after rising 3% to $178.45 in the regular session.(AFP)
Published on Nov 05, 2021 05:53 AM IST
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AP |

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  • The stock market opens for an hour on Diwali, a ritual that has been followed in the Bombay Stock Exchange since 1956 and National Stock Exchange since 1992, as a symbolic practice as traditional businesses across the country welcome Samvat 2078.
Many investors believe that trading during Muhurat brings them prosperity throughout the year.(Reuters)
Many investors believe that trading during Muhurat brings them prosperity throughout the year.(Reuters)
Updated on Nov 04, 2021 08:33 PM IST
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By hindustantimes.com, Hindustan Times, New Delhi

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The October reading was the highest for the index since July 2011. On a year-on-year basis, the index was up 31.3% in October.
World vegetable oil prices jumped 9.6% on the month to set a record high, supported by further strength in palm oil prices as labour shortages in Malaysia continued to hamper production(HT File)
World vegetable oil prices jumped 9.6% on the month to set a record high, supported by further strength in palm oil prices as labour shortages in Malaysia continued to hamper production(HT File)
Published on Nov 04, 2021 03:27 PM IST
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Reuters | , Paris

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Diwali Muhurat trading 2021: This year, the Muhurat trading session will begin at 6.15pm and end at 7.15pm. The pre-open session will be held from 6pm to 6.15pm. The closing session will be held between 7.25pm and 7.35pm.
For stock markets, Muhurat trading is a symbolic ritual. For the BSE, the practice started in 1957 and for the NSE, the practice stayed in 1992.(PTI File Photo)
For stock markets, Muhurat trading is a symbolic ritual. For the BSE, the practice started in 1957 and for the NSE, the practice stayed in 1992.(PTI File Photo)
Published on Nov 04, 2021 02:43 PM IST
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By hindustantimes.com | Written by Poulomi Ghosh

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Paytm IPO will be the biggest in the country after Coal India's IPO in 2010 wherein the state-owned had garnered $2.03 billion. Paytm has mobile payments transaction volume market share of approximately 40 per cent.
Paytm IPO will launch for three days - from November 8-10.(Reuters File Photo)
Paytm IPO will launch for three days - from November 8-10.(Reuters File Photo)
Published on Nov 04, 2021 11:09 AM IST
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By hindustantimes.com | Written by Amit Chaturvedi, Hindustan Times, New Delhi
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