Equity indices broke their six-day winning run on Wednesday. The 30-share Sensex settled 434 lower at 72,623 and the broader Nifty also paired all its intraday gains before closing 141.9 points down at 22,055. Stocks that were in focus included names like Campus Activewear, which rose 3.24%, Devyani International, which increased 1.24%, and Hindalco, whose … Read more
Benchmark indices extended gains to the sixth straight day on Tuesday. The 30-share BSE Sensex closed higher by 349 points at 73,057 and the broader Nifty rose 74 points to settle at a new record level of 22,196. Stocks that were in focus included names like Deepak Fertilisers, which rose 3.55%, Whirlpool of India, which … Read more
Mumbai: Various global multinational giants have poured cold water on the expectations of local investors, who mopped up shares of Indian subsidiaries of these entities in anticipation of their delisting from the domestic bourses. With parents of at least eight MNCs choosing to cash out of the domestic arms in the wake of the sharp … Read more
Equity markets closed higher for the fifth consecutive day on Monday. The 30-share BSE Sensex rose 281 points to settle at 72,708 and the broader Nifty closed at its all-time high of 22,122 points. Stocks that were in focus included names like Novartis India, which rose 15.44%, Global Health, which fell 2.9%, and YES Bank, … Read more
Mumbai: SD Corporation, a wholly-owned company of Shapoorji Pallonji Company, rescheduled coupon payments on its ₹750 crore bonds by two months to March 31, 2024, with an agreement that it will deposit the coupon in an escrow account a day before the due date, said people with knowledge of the matter. The company is engaged … Read more
Mumbai: Individual investors looking to lock in profits in stocks at these levels but keen on retaining exposure to the market could consider InCred Money’s Nifty Accelerator Market linked debenture (MLD) – a hybrid instrument that bets on a mix of debt and equity. This is the first MLD with a ticket size of ₹1 … Read more
Mumbai: Individual investors looking to lock in profits in stocks at these levels but keen on retaining exposure to the market could consider InCred Money’s Nifty Accelerator Market linked debenture (MLD) – a hybrid instrument that bets on a mix of debt and equity. This is the first MLD with a ticket size of ₹1 … Read more
Equity indices climbed for the fourth straight session on Friday. The 30-share Sensex surged 376 points to close at 72,426 and the broader Nifty also rose 129 points to end at 22,040. Stocks that were in focus included names like TVS Motor, which rose 2.25%, KPI Green, which jumped 5%, and Oil India, whose shares … Read more
Equity indices climbed for a third straight day amid positive global cues. The 30-share Sensex rose 227 points to close at 72,050 and the broader NSE Nifty also gained 70 points to end at 21,910. Stocks that were in focus included names like M&M, which rose 6.81%, Vedanta, which declined 4.17%, and NTPC, whose shares … Read more
Equity indices bounced back from early lows to close higher on Wednesday. The 30-share Sensex climbed 267 points to close at 71,822 points and the broader Nifty also gained 96 points to end the day at 21,840 points. Stocks that were in focus include names like RIL, which rose 1.14%, Adani Green, which jumped 2.11%, … Read more
