Page 106 - Info Edge News Today

Read more about Sensex spurts 689 pts; Nifty ends near 14,350; Maruti jumps 6% on Business Standard. The equity market ended with robust gains on Friday, mirroring strong global cues. Barring the Nifty Metal index and the Nifty PSU Bank index, all the sectoral indices on the NSE closed in the green. The S&P BSE Sensex, jumped 689.19 points or

Info Edge (India) fell 1.96% to Rs 5392.75 as the counter witnessed some bit of profit taking after a recent steep surge. The stock gained 15.72% in two sessions to end at Rs 5,500.80 yesterday, from its recent closing of Rs 4,753.70 recorded on 1 January 2021. In the past six months, the scrip has zoomed 93.57% while the benchmark Sensex has added 32.70% during the same period. On the technical front, the stocks RSI (relative strength index) stood at 77.591. The RSI oscillates between zero an...

Taking Stock | Profit booking drags Nifty below 14,150, IT, FMCG packs underperform Broader markets outperformed the main indices with BSE midcap index rose 0.4 percent and the smallcap index ended marginally lower. January 06, 2021 / 04:29 PM IST Profit booking in IT and FMCG stocks dragged the indices from the record highs in morning trade. Nifty finished the day below 14,150 level. The BSE Sensex shed 263.72 points or 0.54% at 48,174.06, and the Nifty was down 53.20 points or 0.37% at ...

Nifty IT index closed down 1.36% at 25419.15 today. The index has added 13.00% over last one month. Among the constituents, Info Edge (India) Ltd fell 4.27%, Larsen & Toubro Infotech Ltd slipped 4.18% and Coforge Ltd shed 2.81%. The Nifty IT index has increased 60.00% over last one year compared to the 17.37% spike in benchmark Nifty 50 index. In other indices, Nifty Metal index increased 1.29% and Nifty PSE index added 1.24% on the day. In broad markets, the Nifty 50 is down 0.38% to close at...

The biggest market winners and losers of 2020, at home and abroad The Nasdaq Composite, the tech-heavy index, gained the most among these three US indices, rallying more than 43 percent in 20202. Image: Pixabay The year 2020 was off to a bad start as the coronavirus began spreading from Wuhan, where the first case was reported late in 2019.  As the virus spread, countries including India, opted for lockdowns to curb infections as the human toll began to mount. The restrictions wrecked economi...

Agritech startup Gramophone has raised Rs 25 crore in a funding round led by Siana Capital The fresh capital will be aimed for customer acquisition and to build an agronomic intelligence-backed full-stack platform for farmers. TechSamvad December 31, 2020 17:45:33 IST Gramophone logo Indore headquartered Agstack Technologies, which runs agritech platform Gramophone, has ra...

Info Edge (India) Ltd is quoting at Rs 4759.2, up 1.19% on the day as on 12:49 IST on the NSE. The stock is up 88.11% in last one year as compared to a 14.14% spurt in NIFTY and a 54.76% spurt in the Nifty IT index. Info Edge (India) Ltd is up for a third straight session in a row. The stock is quoting at Rs 4759.2, up 1.19% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.32% on the day, quoting at 13888.6. The Sensex is at 47469.47, down 0.3%. Info Edge (India) Ltd ...

BCCL One of the most-talked about IPOs would be that of Indian foodtech unicorn Zomato. Currently valued at $3.9 billion, Zomato has also closed a pre-IPO funding of $660 million. With the latest round 10 new investors including Tiger Global, Kora, Luxor, Fidelity (FMR), D1 Capital, Baillie Gifford, Mirae, and Steadview joined Zomato’s board which already had the likes of Info Edge, Ant Financial, Temasek etc. According to reports, Zomato CEO Deepinder Goyal in an email to his employees said ...

Synopsis Setting up a US entity to raise money from investors like Y Combinator is easier than getting stuck in lengthy processes in India to raise funds from a US-based investor, startup founders said. TNN on Dec 26, 2020) Info Edge co-founder Sanjeev Bikhchandani recently tweeted that Indian startups are ‘flipping’ their structure while raising early-stage capital from foreign investors. It immediately triggered a debate. Flipping refers to domestic startups housing their shareholding, ...

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