Advanced Financial Portfolio Planning and Wealth Management

  • +91 9864051214
  • ramshah_in@yahoo.com

Welcome to Crest Financial Sevices

WHAT ARE WE?
Crest Financial Services is a premium wealth management consulting firm with a special focus on mutual funds, term insurance & health insurance. Guided by the credo of transparency and ethics it intends to bring professionalism and expertize in field the of financial management. We offer complimentary financial scenario analysis and goal tracking service to help in major life decisions.

OUR VISION
To create new horizons of knowledge and professionalism in the area of financial investment solutions built on the foundations of Trust.

WHY US?

The collective expertise and experience bring together a host of USPs for Invest Advise. The highlights of the factors that make us the perfect choice are:

OUR EDGE
...Read More

Portfolio Login




Investor Corner
Know Your Fitness

How is your financial condition? Are you financially healthy or not? Here's the way to check your financial fitness lets know how your financial condition.
Know Your Risk Profile

It’s time to become advance and pay some attention towards your risk profile, because risk is the unavoidable and significant factor of the money market.
Financial Calculator

Don’t just see it, have it with you, and make it useful in your way, and with this being says, with the download forms facility users can easily download the forms.
Buy MF Online

Buy your mutual fund here and now, with this, user doesn’t have to wander around for their mutual fund. Here they can buy their Mutual Fund online.
Downloads

Don’t just see it, have it with you, and make it useful in your way, and with this being says, with the download forms facility users can easily download the form.
Pay Premium Online

build your investment with paying the little amount of money on the particular times as a premium, and make a secure investment for your mutual fund transaction.
Fund Performance
Udayshivakumar Infra IPO subscribed 16 times so far on Day 4; check GMP and other details

"The current grey market premium (GMP) of Udayshivakumar Infra is Rs 10 as of March 23rd, 2023. Considering the upper band price of Rs 35, the share could give a listing gain of 28% to investors," Manish Khanna, Co-founder of Unlisted assets, said.
2023-03-23T14:56:23+05:30

Non-banking lender SBFC cuts IPO size, refiles papers with Sebi

About 50% of the offer will be available for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Bidders, and not less than 35% will be reserved for retail investors. The offer also includes a reservation for subscription by eligible employees.
2023-03-22T18:41:59+05:30

Udayshivakumar Infra IPO subscribed 5.15 times on Day 3; GMP falls

According to market sources, the grey market premium (GMP) of Udayshivakumar Infra, which indicates the premium commanded by shares in the unlisted market, has dropped down to Rs 6-7.
2023-03-22T14:58:33+05:30

Jupiter Hospital likely to file for ₹1,100 crore IPO soon

The proposed IPO will have both fresh issue of shares and offer for sale components.
2023-03-22T10:25:47+05:30

MobiKwik eyes fresh IPO in 12-18 months

“We had planned (the IPO in) March 2022 but before that the Ukraine war happened and Nasdaq started crashing. So, all the multiples were going down,” Taku said on the sidelines of an event, adding that the fintech firm continues to be in an IPO ‘ready mode’.
2023-03-22T07:04:33+05:30

Udayshivakumar Infra IPO sails through on Day 2 despite weak market sentiments

According to market sources, the grey market premium (GMP) of Udayshivakumar Infra, which indicates the premium commanded by shares in the unlisted market, was unchanged at Rs 10. Analysts are mixed on whether investors should subscribe to the IPO given muted market sentiments.
2023-03-21T13:14:16+05:30

IndiaFirst Life Insurance gets SEBI approval to float IPO

IndiaFirst Life Insurance Company recorded its highest five-year growth in terms of New Business Individual Rated Premium (IRP) amongst life insurers with PSU bank percentage, with a CAGR of 27.3% between fiscal 2017 to fiscal 2022.
2023-03-21T11:16:57+05:30

SME IPO: After 384x subscription, Mcon Rasayan India shares list at strong 20% premium

Managing director Mahesh Bhanushali had earlier expressed his gratitude for the overwhelming response the IPO received. He said strong demand for the issue reflected the investors' trust and confidence in the company's growth prospects and the management.
2023-03-20T17:31:08+05:30

Udayshivakumar Infra IPO subscribed 58% on Day One

According to market sources, Udayshivakumar Infra shares are commanding a premium of Rs 10 in the unlisted market, which is higher than the previous day.
2023-03-20T13:27:44+05:30

Global Surfaces IPO share allotment expected today. How to check status

According to market analysts, the grey market premium, which indicates the premium commanded by shares in the unlisted market, fell sharply from subscription closing date to around Rs 15. The company has fixed a price band of Rs 133-140. At the upper end, the company's shares are expected to get listed at 10% premium.
2023-03-20T09:52:24+05:30

Udayshivakumar Infra IPO opens for subscription. Should you bid?

The company has 46 work orders in hand having an aggregate order book value of Rs 1,291 crore, as of the December quarter. Out of these, 30 are ongoing and 16 are new work orders, which are yet to start.
2023-03-20T09:30:55+05:30

Sebi takes stricter approach in IPO clearance; returns draft paper of 6 cos

The six companies had filed their preliminary initial public offering (IPO) papers with Sebi between September 2021 and May 2022 and their papers were returned during January-March (till March 10).
2023-03-19T11:32:02+05:30

Govt approves listing of state-owned IREDA by selling part stake

DIPAM will drive the listing process for which the Centre had given initial approval in 2017.
2023-03-17T20:10:05+05:30

Udayshivakumar Infra IPO to open for subscription on March 20. Check GMP & other details

About 60% of the offer is reserved for retail investors, while 30% is set aside for non-institutional investors. Meanwhile, 10% of the issue is reserved for Qualified institutional buyers (QIB).
2023-03-17T13:29:37+05:30

Maiden Forgings to launch IPO next week; aims to raise Rs 24 crore

Out of the total 37,84,000 equity shares on offer, not more than 17,97,000 equity shares have been reserved for Qualified Institutional Buyers (QIB). A total of 5,39,100 shares have been reserved for Non-Institutional Investors (NII) and the rest for retail individual investors.
2023-03-17T11:16:11+05:30

Another FPO on cards for Patanjali Foods; process to start from April: Baba Ramdev

In an interview with PTI, Ramdev assured his investors and public shareholders that there would be no impact of Patanjali Foods Ltd's (PFL) operation and financial performance and its growth trajectory will remain intact.
2023-03-16T14:41:12+05:30

Investor sentiment fizzles out in IPO mart. What's in store for rest of the year?

Equity markets were plagued by a host of issues this year including rising interest rates, slowing economic growth, Adani crisis and the latest fallout of the banking crisis in the US. Benchmark Nifty is currently 10% down from its peak.
2023-03-16T10:30:19+05:30

White label ATM provider India1 Payments defers IPO plans

It is not planning to seek a fresh approval for the IPO immediately from the Securities & Exchange Board of India because of the current choppy market. "We’re not in a hurry to go and, you know, sell it at any cost," managing director K Srinivas told ET.
2023-03-15T22:20:00+05:30

Global Surfaces IPO subscribed 12.21 times on Day 3

According to analysts, the grey market premium, which indicates the premium commanded by shares in unlisted markets stoo Rs 20. The company has fixed a price band of Rs 133-140. At the upper end, the shares are expected to list at 14% premium over the issue price.
2023-03-15T13:40:22+05:30

Divgi TorqTransfer lists at 5.1% premium

The ₹412-crore IPO comprised a fresh share issue of ₹180 crore and an offer for sale of 3.93 million shares by existing shareholders. As part of the offer for sale, Nilekani's family trust offloaded 1.44 million shares.
2023-03-15T06:01:00+05:30

Global Surfaces IPO fully subscribed on Day 2

Global Surfaces, which is into processing natural stones and manufacturing engineered quartz, has collected Rs 46 crore from anchor investors and set a price band of Rs 133-140 per share. At the upper end of the price band, the company is expected to fetch Rs 155 crore from the IPO
2023-03-14T13:45:34+05:30

SME IPO: Nirman Agri Genetics public issue to open on March 15. Check GMP and other details

The proceeds from the IPO will be used for funding additional working capital, investment in strategic acquisitions and other general corporate purposes.
2023-03-13T21:39:12+05:30

Divgi TorqTransfer shares expected to make a debut on exchanges tomorrow. What GMP signals ahead of listing?

The company's grey market premium is at 18, according to market analysts.The issue was subscribed 5.44 times, driven by strong interest from retail investors
2023-03-13T14:37:04+05:30

Global Surfaces IPO: Check subscription status, GMP and other details

The company has fixed a price band of Rs 133-140. The company plans to raise about Rs 154.98 crore at the upper end of the price band
2023-03-13T14:24:03+05:30

Global Surfaces IPO opens. Should you subscribe to the issue?

Religare broking said the company has a strong opportunity in the international market and its new products and designs would aid growth and increase operational efficiency. The brokerage has a "neutral" rating on the public offer.
2023-03-13T09:26:28+05:30

Global Surfaces among 5 IPOs that will open for subscription this week

The price band for its initial public offering has been fixed at Rs 133-140 per share. Investors can bid for a minimum of 100 equity shares and in multiples of 100 equity shares thereafter
2023-03-12T13:38:21+05:30

Global Surfaces IPO: 10 things you must know before investing

Global Surfaces will be open for subscription on Monday to raise funds through an initial public offering. The company will raise Rs 155 crore at the upper price band of the issue. The shares of the company will be listed on both NSE and BSE. The company will be offering 1,10,70,000 equity through the initial public offering through the book-building process.
2023-03-12T10:47:56+05:30

Tata Technologies IPO: 10 things to know about the public offer

The size of the IPO wasn’t disclosed. However, according to Krishna Raghavan, Founder, UnlistedKart, a SEBI-registered research analyst firm, Tata Technologies' recent buyback valued the company at Rs 16,080 crore, indicating that the offered size could be at least Rs 3,800 – Rs 4,000 crore.
2023-03-11T13:32:49+05:30

Tata Technologies IPO: What it means for Tata Motors investors and key details you need to know

2023-03-10T18:28:43+05:30

Flipkart not averse to Dalal Street IPO

The Flipkart IPO has been in the works since the last few years and it was earlier reported that the company is eyeing a listing on Wall Street
2023-03-10T15:53:09+05:30

Tata Technologies IPO: What it means for Tata Motors investors

Under the IPO, Tata Motors intends to sell 81,133,706 shares of its subsidiary. Two other shareholders - Alpha TC Holdings and Tata Capital Growth Fund I - of the company are also selling shares in the offer.
2023-03-10T13:43:51+05:30

Tata Technologies files IPO papers with Sebi

The IPO is being launched by way of an offer for sale (OFS) of up to 95,708,984 equity shares, representing approximately 23.60% of its paid-up share capital.
2023-03-10T09:24:31+05:30

Global Surfaces IPO to open next week. Check price band and other details

The IPO comprises fresh issuance of 85.20 lakh equity shares and an Offer For Sale of up to 25.5 lakh equity shares by promoters Mayank Shah and Sweta Shah. The company said IPO proceeds will be used for investment in its arm Global Surfaces FZE for part-financing its capex requirements of setting up the manufacturing facility in Dubai and other general corporate purpo
2023-03-09T14:23:49+05:30

Byju’s is said to seek $250 million in Aakash pre-IPO funding

Aakash Educational Services will issue convertible notes that will convert into equity at a discount of 20% to the listing price of the unit’s planned initial public offering
2023-03-09T10:16:19+05:30

Divgi TorqTransfer IPO allotment today. How to check status

The part reserved for retail investors was subscribed 4.31 times, while non-institutional investors (NIIs) and qualified institutional buyers (QIBs) parts were subscribed 1.4 times and 7.83 times respectively. The shares are expected to be listed on the exchanges on March 14.
2023-03-08T13:25:27+05:30

SoftBank's arm aims to raise at least $8 billion in US IPO, say sources

The preparations for the IPO are expected to be kick-started in the U.S. in the coming days, the sources said. The valuation range has not yet been finalized but Cambridge, England-based Arm is hoping to be valued at more than $50 billion during its share sale, the sources said
2023-03-06T19:11:14+05:30

Nova Agritech files DRHP to raise funds via IPO

According to the draft papers, the issue with a face value of Rs 2 per equity share consists of a fresh issue of equity shares worth up to Rs 140 crore and an offer-for-sale (OFS) of up to 77,58,620 equity shares by Nutalapati Venkatasubbarao
2023-03-06T17:18:32+05:30

Airox Technologies scraps IPO plans; withdraws IPO paper

However, the draft offer documents for the IPO were withdrawn on February 28 and the reasons for the withdrawal have not been disclosed, an update with the markets regulator showed on Monday
2023-03-06T16:19:46+05:30

Divgi Torqtransfer Systems' IPO subscribed 5.44 times

The portion reserved for retail investors was subscribed 4.31 times, while the category for non-institutional investors (NIIs), including high-net-worth individuals, was subscribed 1.4 times. The qualified institutional buyers' segment saw bidding for 7.83 times the shares set aside to them.
2023-03-04T06:59:45+05:30

Divgi TorqTransfer IPO subscribed 5.44 times on Day 3; GMP rises

The retail portion was subscribed 4.31 times, while non-institutional investors (NIIs) made bids 1.4 times more than the reserved bit. Qualified Institutional Buyers (QIBs), who largely stayed on the sidelines for two days, came to the party on the last day making bids 7.83 times more than the allotted part.
2023-03-03T13:28:04+05:30

Divgi TorqTransfer IPO Day 2: Retail portion fully subscribed. Check GMP, other details

Qualified institutional buyers, who stayed on the sidelines for most part on Day 2, started bidding towards fag end of the day and the part reserved for them was subscribed 6%. Tomorrow is the last day for subscription to the public issue.
2023-03-02T13:39:57+05:30

Divgi TorqTransfer IPO: GMP indicates potential listing gains. Should you subscribe?

Most analysts say the public offer is decently valued and have recommended investors to subscribe to the issue. They say Divgi Torq is one of the few players in the country that has the ability to develop and supply system level transfer cases and is the only company to make torque couplers.
2023-03-02T09:01:13+05:30

Divgi TorqTransfer IPO subscribed 10% so far on Day 1. Check GMP & other details

Ahead of the IPO, Divgi has raised Rs 185 crore from anchor investors, in which several mutual funds like ICICI Prudential Smallcap Fund, Nippon India Smallcap Fund, Motilal Oswal Large and Midcap Fund among others have participated.
2023-03-01T14:23:28+05:30

Nandan Nilekani-backed Divgi TorqTransfer IPO opens. Should you subscribe?

The Divgi TorqTransfer IPO consists of fresh equity issue worth Rs 180 crore and an offer for sale (OFS) of 39.34 lakh shares by investors and other selling shareholders.
2023-03-01T10:00:00+05:30

What makes Divgi IPO suitable for investors with high risk appetite

Divgi TorqTransfer Systems plans to raise up to Rs 412 crore through an initial public offer. Of this, Rs 180 crore would be through a fresh issue of shares mainly for expansion plans while the balance is an offer for sale by investors and promoters
2023-02-28T19:31:30+05:30

IRM Energy and Lohia Corp get Sebi nod to raise funds via IPO

IRM Energy’s IPO is a complete fresh issue of up to 10,100,000 equity shares with a face value of Rs 10 per equity share. Meanwhile, Lohia Corp’s public issue is a complete offer-for-sale (OFS) of up to 31,695,000 equity shares by existing shareholders with a face value of Re 1 per unit
2023-02-28T15:03:27+05:30

FirstMeridian Business, IRM Energy, Lohia Corp get Sebi go-ahead to float IPOs

Going by the draft papers, staffing firm FirstMeridian Business Services Ltd's Rs 740-crore IPO comprises fresh issuance of equity shares worth Rs 50 crore and an Offer-For-Sale (OFS) of Rs 690 crore.
2023-02-28T13:00:01+05:30

Divgi TorqTransfer fixes price band for public issue

The IPO includes a fresh issue of ₹180 crore and an offer for the sale of up to 3.93 million equity shares. The company intends to meet capital expenditure requirements for the purchase of equipment and machinery from the net proceeds of the fresh issue.
2023-02-28T06:35:15+05:30

Fabindia scraps $482 million IPO amid uncertain market conditions

The 62-year-old company, popular for its sustainable and traditional Indian wear, said it may consider going public in the future and that several global ESG-focused funds had expressed an interest to invest. It did not give details.
2023-02-27T16:05:05+05:30

Rs 67 crore-profit! Nandan Nilekani family trust to mint 370% return in IPO

The red herring prospectus (RHP) of the IPO shows that the weighted average cost of acquisition for Nilekani's firm was Rs 125.28. Considering that shares would be allotted to IPO investors at the upper price band of Rs 590, Nilekani will make a neat profit of Rs 66.98 crore or 370% return from his investment of about Rs 18 crore.
2023-02-27T15:23:33+05:30
NSE scraps ‘Do Not Exercise’ facility for stock options; retail traders could face big losses

2023-03-23T20:39:15+05:30

5 bank stocks with high analyst ratings and over 25% upside potential

2023-03-23T20:10:39+05:30

4 bank stocks that more than doubled investors' wealth in FY23

As per Ace Equity data, banking stocks such as Karnataka Bank and UCO Bank have given over 100% returns to their investors at the same time.
2023-03-23T19:45:37+05:30

Dow rises 1.3%; US stocks roar, recover nearly all of steep loss from prior day

The S&P 500 seen 1.6% higher in morning trading. The Dow Jones Industrial Average was at 32,442, as of 10:54 a.m. Eastern time, while the Nasdaq composite was 2.3% higher.
2023-03-23T19:12:56+05:30

Market Trading Guide: Maruti Suzuki among 7 stock recommendations for Friday

Nifty settled at 17,075, dropping 0.44%, while Sensex ended below 58,000 levels. Meanwhile, India VIX dropped by 2%.
2023-03-23T18:51:02+05:30

India bond yields hold steady as traders await H1 borrowing, RBI meet

The 10-year benchmark 7.26% 2032 bond yield ended at 7.3480%, after closing at 7.3495% on Tuesday. The government's borrowing for April-September is likely to be between 55% and 58% of its gross annual borrowing target of Rs 15.43 lakh crore
2023-03-23T18:24:34+05:30

Market Watch: Post-Fed rate hike, bank & IT stocks drag Sensex 289 pts down; Nifty below 17,100

2023-03-23T18:22:04+05:30

Tech View: Nifty charts indicate sell on rise pattern. What should traders do on Friday

“The market could find a range of around 17,200-16,950 levels in the next few sessions. The lower area of 16,950-16,900 is expected to offer support for the market during the present weakness. A decisive move above 17200-17250 levels is likely to bring strength in upside bounce,” said Nagaraj Shetti, Technical Research Analyst, HDFC Securities.
2023-03-23T18:01:19+05:30

Rupee logs best day in 3 weeks on rising bets of Fed pause

The rupee ended at 82.2625 per dollar, compared with its previous close of 82.6550. The Indian currency aligned itself with peers like the Chinese yuan and the Thai baht, which rose around 0.5%.
2023-03-23T17:51:00+05:30

Accenture reports Q2 revenue at $15.8 bn, beats estimates; trims Q3 forecasts

2023-03-23T17:48:05+05:30

HAL OFS subscribed 4.51 times; shares plunge over 4%

HAL shares today ended at Rs 2,504.75 on the NSE and were down by Rs 120 or 4.57%. The issue for the general category ended today. The OFS for retail category is tomorrow
2023-03-23T17:46:06+05:30

Bank of England hikes interest rates by 25 bps after inflation surprises

Sounding more upbeat about the outlook for the country's slow pace of economic growth, the BoE's nine rate-setters voted 7-2 in favour of a 25 basis-point increase in Bank Rate to 4.25%.
2023-03-23T17:34:43+05:30

Stock market update: Sugar stocks up as market falls

The 30-share BSE Sensex closed down 289.31 points at 57925.28
2023-03-23T17:29:54+05:30

Stock market update: Power stocks down as market falls

The 30-share BSE Sensex closed down 289.31 points at 57925.28
2023-03-23T17:24:40+05:30

Stock market update: Mining stocks mixed as market falls

The 30-share BSE Sensex closed down 289.31 points at 57925.28
2023-03-23T17:19:28+05:30

Stock market update: Nifty Realty index falls 1.08%

The Nifty Realty index closed 1.08 per cent down at 390.05.
2023-03-23T17:14:05+05:30

Stock market update: Nifty Bank index falls 0.96%

The Nifty Bank index closed 0.96 per cent down at 39616.9.
2023-03-23T16:58:05+05:30

Stock market update: Nifty Auto index advances 0.04%

The Nifty Auto index closed 0.04 per cent up at 12205.7.
2023-03-23T16:52:49+05:30

Want 100% flexibility in shifting between debt & equity? Sandeep Tandon has an answer

Quant Mutual Fund has launched a Dynamic Asset Allocation Fund that provides 100% flexibility in shifting between debt and equity. The company aims to target a new investor audience, such as people who invest in FDs but are reluctant to take risks. They believe the new fund can generate extra alpha over FD returns and offer a similar low-volatility product with better taxation. The fund can be used as a debt tax savings product, while Sebi also allows exiting 100% from equity or participating in 100% debt. The fund aims to generate alpha opportunistically when extreme or special situations arise.
2023-03-23T16:45:00+05:30

Sensex falls! These stocks fell 5% or more in Thursday's session

In the Nifty pack, 20 stocks closed in the green, while 30 stocks ended in the red.
2023-03-23T16:42:17+05:30

Here’s Bharat Bond ETF’s report card as first tranche is set for April maturity

Yadav of Sanctum Wealth said depending upon the time horizon, there are various Bharat Bond funds that are available to investors. If the investor time horizon matches the fund maturity, they are likely to make returns closer to the YTM, he added.
2023-03-23T16:39:44+05:30

How has health insurance changed over time? When should you go for riders?

Many health insurance companies are offering innovative features to increase the attractiveness of buying health insurance. These features include lock-in premium, no claim bonuses, and treatment for critical illnesses abroad. A four-year waiting period for senior citizens has been reduced, and coverage now includes ABCD illnesses, such as diabetes. Health insurance companies are also offering day one cover and more coverage after 30 days, which are more expensive than a basic policy with a longer waiting period.
2023-03-23T16:35:00+05:30

Stock market update: Nifty Pharma index advances 0.22%

The Nifty Pharma index closed 0.22 per cent up at 11780.85.
2023-03-23T16:31:49+05:30

Teaching women to make investment decisions – one call at a time

DSP Investment Managers has launched a hotline to encourage women to manage their own portfolios and to promote financial literacy. Women can give a missed call and the AMC will guide them through the investment process, matching them with financial advisors if needed. The hotline also offers education on investment terminology and strategies.
2023-03-23T16:31:00+05:30

​Gainers and Losers: GAIL, Sun Pharma Advanced among 6 stocks in focus today​

>> For more such web stories click on the ET icon below
2023-03-23T16:27:02+05:30

Share market update: Most active stocks in today's market in terms of volume

The NSE Nifty index closed 75.0 points down at 17076.9
2023-03-23T16:26:30+05:30

Sensex snaps 2-day winning run, falls 289 pts; Nifty ends below 17,100; HAL sheds 5%

2023-03-23T16:23:42+05:30

Stock market update: Stocks that hit 52-week lows on NSE in today's trade

SBI, Bajaj Auto, Kotak Bank, Asian Paints and HCL Tech were among the top losers on NSE in today's trade.
2023-03-23T16:21:23+05:30

Accenture forecasts Q3 revenue below estimates at around $16.7 billion

The company forecast current-quarter revenue in the range of $16.1 billion and $16.7 billion. Analysts on average were expecting revenue of $16.64 billion, according to Refinitiv data.
2023-03-23T16:20:58+05:30

Stock market update: Stocks that hit 52-week highs on NSE in today's trade

Career Point, Nagreeka Capital, Tega Industries Ltd., Soma Textiles and W S Industries, hit their fresh 52-week highs during the day.
2023-03-23T16:16:11+05:30

​5 key ratios every investor must be aware of​

​Investing in the stock market requires a thorough analysis of a company's balance sheet, profit and loss account and various other financial statements. Financial ratios are an easy way to know a company's performance.>> For more such web stories click on the ET icon below​
2023-03-23T16:11:31+05:30

Stock market update: FMCG stocks down as market falls

The 30-share BSE Sensex closed down 289.31 points at 57925.28
2023-03-23T16:05:31+05:30

Toshiba to go private as board accepts $15 bn takeover bid: reports

When approved under global competition laws, the acquisition, which has an estimated value of two trillion yen ($15 billion), is expected to take the engineering giant private, the Nikkei said.
2023-03-23T16:02:38+05:30

Post-Fed rate hike, bank & IT stocks drag Sensex 289 pts down; Nifty below 17,100

D-street investors became poorer by Rs 87,594 as market capitalisation of all listed companies on BSE declined to Rs 257.11 lakh crore.
2023-03-23T15:59:29+05:30

Gold price climbs Rs 450; silver zooms Rs 815

"Gold prices edged higher after the US Federal Reserve raised interest rates by an expected 25 basis points and signalled it was on the verge of pausing future hikes in view of recent turmoil in the financial sector.
2023-03-23T15:58:56+05:30

Top 5 tax-saving mutual funds schemes gain over 30% in last 3 years

2023-03-23T15:50:04+05:30

Indraprastha Gas declares 2nd interim dividend of Rs 10/share, fixes record date

The consensus recommendation from 30 analysts for IGL is Buy. Out of these, 23 have strong buy and buy ratings, while only three have strong sell and sell ratings. The remaining four have a hold rating on the counter.
2023-03-23T15:37:39+05:30

Emerging market investors turn increasingly bullish for Q2 -HSBC survey

The MSCI emerging market equity index has risen 2% since the start of the year, though those gains come in the wake of a 22% tumble in 2022 - the biggest annual drop for the benchmark since the 2008 financial crisis.
2023-03-23T15:16:22+05:30

Fed unmoved by bank implosions, dashing fears of contagion

From the markets standpoint the reiteration that tighter financial condition is a non-negotiable on the path towards inflation control is a marked difference from markets expectations of Fed’s giveaways. Hence, optimism priced into the risk markets is getting diluted by the “bumpy ride” guidance of the central bank.
2023-03-23T15:04:38+05:30

Udayshivakumar Infra IPO subscribed 16 times so far on Day 4; check GMP and other details

"The current grey market premium (GMP) of Udayshivakumar Infra is Rs 10 as of March 23rd, 2023. Considering the upper band price of Rs 35, the share could give a listing gain of 28% to investors," Manish Khanna, Co-founder of Unlisted assets, said.
2023-03-23T14:56:23+05:30

Sebi speeds up action against social media stock tips: Sources

The regulator's action, which follow four earlier orders passed in the past twelve months, aim to signal growing concern that retail investors are being lured into stock market investments by companies and individuals who are not authorised to offer financial advice. The Securities and Exchange Board of India's rules say that only advisers registered with it can offer investment advice.
2023-03-23T14:49:04+05:30

Lindsay Lohan, other celebs settle with SEC over crypto case

In the complaint filed by the SEC in federal court in New York, the agency claims the celebrities were paid to promote Tronix (TRX) and BitTorrent (BTT), both crypto asset securities that were offered for sale by three companies owned by Justin Sun, a Chinese national.
2023-03-23T14:47:39+05:30

Vedanta tanks over 'Anil Agarwal mulling stake sale' rumours; company denies media reports

2023-03-23T14:28:46+05:30

Most self-made billionaires hail from these countries

India ranks third in terms of self-made billionaires, shows Hurun Global Rich List released on Wednesday. Take a look at the full list of rankings:
2023-03-23T14:15:42+05:30

Vedanta shares drop 4.21% as Sensex falls

On the technical charts, the RSI of the stock stood at 37.71.
2023-03-23T14:13:11+05:30

LTIMindtree shares drop 1.21% as Sensex rises

The stock quoted a 52-week high of Rs 6429.4 and a 52-week low of Rs 3733.25.
2023-03-23T14:07:57+05:30

We were expecting tariff to be Rs 5-6 more than what PNGRB approved, will go back for review: Rakesh Kumar Jain, GAIL

The Petroleum and Natural Gas Regulatory Board (PNGRB) has issued higher tariffs for GAIL's nine physically interconnected pipelines at Rs 58.61, up from Rs 46 per MMBtu for similar pipelines, which will result in an increase of around Rs 1,600 crore in revenue. However, GAIL was expecting a tariff Rs 5-6 higher than the approved rates, as PNGRB has considered a substantially lower fuel gas price for internal consumption.
2023-03-23T14:03:05+05:30

Jubilant Food shares down 0.82% as Nifty gains

The stock quoted a 52-week high price of Rs 652.2 and low of Rs 412.2.
2023-03-23T14:02:43+05:30

International banking crisis: All about collapse of 167-year old Credit Suisse, SVB & AT-1 bonds

Moreover, to meet the immediate liquidity requirement the bank sold those long-dated securities at a loss of USD 1.8 billion. When depositors learned about it they queued up to withdraw the money at the earliest leading to further crisis.
2023-03-23T14:00:37+05:30

NSE withdraws ‘Do Not Exercise’ facility for stock options. Here's how this affects retail traders

The 'Do Not Exercise' facility allows a trader to instruct the broker if he/she does not wish to exercise the right to give or receive deliveries. This facility prevents the risks around the physical settlement and allows brokers against exercising a ‘close to money’ option strikes on behalf of clients.
2023-03-23T13:57:38+05:30
Video
Market Watch
Schedule A Meeting

Copyright © 2023, Crest Financial Sevices. Designed & Developed By REDVision Computer Technologies Pvt. Ltd.