Divgi TorqTransfer Systems shares listed at over a 5% premium over IPO price, at Rs 620 on the NSE amid a flat domestic market. The scrip touched a high of 5.08% before settling to trade flat at a mild gain of 0.14% at Rs 590.85 over its issue price of Rs 590. A positive listing […]
We expect a gradual recovery in domestic 2W segment volumes in the coming years due to continued increase in the cost of ownership, higher inflation and weak rural demand. In terms of segments, we expect electric scooter and premium motorcycle to continue to outperform; however, we expect ICE (internal combustion engine) scooter volumes to decline […]
HCL Technologies share price jumped 2.79% to Rs 1,066.45 today after the IT company declared an interim dividend of Rs 18 per share, taking the total dividend for the financial year 2023-24 to Rs 48 per share. In Q4 FY23, the company’s net profit jumped 11% on-year to Rs 3,983 crore, surpassing analyst estimates against […]
Finance Minister Nirmala Sitharaman will table her fifth Union Budget in Parliament on 1 February 2023. Markets have turned volatile in the last one week in the run-up to the Union Budget; this is keeping in trend with the one month performance of stock market prior to the Budget in the last five years. Benchmark […]
SGX Nifty hinted that the domestic equity indices could see a start in the green. On the Singapore Exchange, Nifty futures were trading higher, up 25 points, at the 17,169 level. On Tuesday, markets gained sharply as Nifty reclaimed the 17,000 level, while Sensex settled at 58,074, up over 500 points. “Gaining buoyancy from a […]
In light of the emergence of the JN.1 Covid variant, Maharashtra Minister Sanjay Bansode instructed health officials to ensure the availability of ventilators, oxygen cylinders and other necessary equipment at government hospitals. In a meeting in Latur on Saturday, the minister said the health department must take precautionary measures and ensure the availability of necessary […]
Finding the perfect gift for your loved ones can be a challenging task, especially during the holiday season. Whether it’s for a hard-to-please partner or a long-lost friend, the pressure to choose the right present can feel overwhelming. Fear not! This curated guide is here to make your Christmas shopping easier. Discover 23 thoughtful gifts […]
Flight operations at the Delhi airport faced significant disruptions on Tuesday, with 12 flights diverted and numerous others delayed due to adverse weather conditions. Between 0600-1200 hrs, a total of 12 flights were diverted, with 11 directed to Jaipur and 1 to Lucknow primarily due to dense fog, as confirmed by an official statement in […]
Asian stocks edged lower on Tuesday as the prospect of the U.S. central bank having to stay on its hawkish path weighed on sentiment, with investors looking to the minutes of the latest Federal Reserve meeting for further monetary policy clues. MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.34% to 531.85, hovering around […]
Indian benchmark indices BSE Sensex and NSE Nifty 50 are likely to open with gains, hinted SGX Nifty. Ahead of Wednesday’s session, Nifty futures were trading 84 pts or 0.45% up at 18785 level on the Singapore Exchange. “Indications are in the favour of further rebound however a lot would depend upon how the US […]