Meta Platforms Inc. shares closed at their first record high in more than two years on Friday, as the Facebook parent fully recovers from a selloff that at one point had erased more than three-fourths of its value. The stock rose about 2% to $383.45, surpassing an all-time high that has stood since September 2021. … Read more
Mumbai: Promoters are usually known to buy shares in their companies when the market cycle is in a downturn but this time they are not waiting for a bear phase to up their stakes. As the stock market extended its record-breaking run, about two dozen companies – mid-cap and small-cap companies – have witnessed an … Read more
After a record subscription for the IPO, shares of Kay Cee Energy and Infra listed on the NSE SME platform on Friday with a bumper premium of 366.7%. The stock was listed at Rs 252, compared with an issue price of Rs 54. The public offer of Kay Cee Energy and Infra was subscribed 959 … Read more
New Delhi: Vodafone Idea on Tuesday denied a media report of talks with Elon Musk-owned Starlink for a stake sale, sending the telecom operator’s shares down by 5.65%. The shares had hit a 52-week high intraday Monday, gaining nearly 40% in two trading sessions after the report emerged on the Starlink talks. “In this regard, … Read more
The Nifty started Wednesday’s trade on a rather timid note. As the underlying index was quietly drifting downwards, the futures started trading at a deeper discount of nearly 10 points. It was the last hour of trade that saw better volumes and a sharp movement. The fall amid global uncertainties has brought the Nifty once … Read more
Share of Embassy Office Park REIT fell nearly 5% on Wednesday following a block deal where global private equity firm Blackstone Group was set to sell its entire stake on Wednesday, according to news reports. The shares however, pared their losses as the session proceeded and at 11:20 the Embassy Office was down by 0.22% … Read more
