The Indian share market, which has been defying trends in global peers until recently to outperform, saw a sharp correction on Friday. Benchmark indices were trading deep in red with BSE Sensex falling over 800 points to trade below the 60,000 level and NSE Nifty 50 tanking 200 pts to give up 17,900 level. Except […]
Indian benchmark indices are likely to open on a mildly positive note, hinted SGX Nifty. On the Singapore Exchange, Nifty futures were in the green at the 17,887 level. In the previous session, Sensex closed marginally at 60,691, down 0.5% and the Nifty gave up 17,850. “Stocks are getting beaten ahead of the release of […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices ended Wednesday’s session in the green territory despite unfavourable global cues. The NSE Nifty 50 rose 49.15% or 0.27% to 18,315.1 and BSE Sensex surged 178.87 points or 0.29% to 61,940.2. In sectoral indices, Bank Nifty climbed 132.9 points or 0.31% to 43,331.05 […]
Shares of Adani Group companies slid 5-20% on Friday, with several stocks hitting the lower circuit, after a scathing report by US-based Hindenburg Research triggered a selloff. The bloodbath has erased over `4 trillion in the group’s combined market capitalisation in the last two trading sessions. On Friday, Adani Enterprises (AEL), the flagship entity of […]
Beyond Key, an IT consulting and software services company, announces the appointment of Anuj Karwa as vice president of sales. Having worked in sales for more than 13 years in a variety of industries, Karwa brings a wealth of knowledge and experience to the table. Karwa holds an MBA from Narsee Monjee Institute of Management […]
Titan shares rose 4.55% to Rs 2,409.75 on Friday, February 3 2023 despite the company’s EBITDA missing market estimates. Titan topped the list of late Rakesh Jhunjhunawala’s favourite stocks, and hasn’t shown any significant movement since the demise of the big bull. In the last one month, the stock has fallen over 7% while it […]
Hindustan Zinc share price surged nearly 5%, touching an intraday high of Rs 325.25 on Wednesday after the company’s board on Tuesday approved a fourth interim dividend of Rs 26 per share for FY23, amounting to Rs 10,985.83 crore, with March 29 as the record date. The shares of Vedanta and LIC rose after the […]
By Ruchit Jain Nifty started the May series on a low open interest base and the stronger hands (FIIs) had rolled more short positions in the index futures segment. At the start of the new series, we did not witness any long formations as market participants were awaiting a decisive breakout beyond the recent consolidation […]
PNB Housing Finance, an arm of state-owned Punjab National Bank, has received capital markets regulator Sebi’s go ahead to raise up to Rs 2,500 crore through rights issue of shares. The housing finance firm, which had filed draft papers with Sebi in December 2022 regarding the rights issue, obtained its ‘observations’ on March 6, which […]
Banking stocks surged on Thursday after the Reserve Bank of India surprised markets by pausing a rate hike earlier than expected. RBI MPC decided not to hike the repo rate, keeping the key lending rate at 6.5%. Analysts had predicted a 25 bps hike as inflation hovers above the central bank’s target range of 2-6%. […]