Business

The market ended higher on Thursday amid firm global cues. Sensex rose 160 points to settle at 62,570.68 and Nifty advanced 48.85 points to end at 18,609.35.  In the same session, a  host of bulk deals also took place which are likely to…

Sensex managed to end higher on Thursday after four straight sessions of losses led by gains in select banking and auto counters amid mixed global cues. Sensex rose 160 points to settle at 62,570.68. Of 30 Sensex stocks, 13 advanced while…

Sensex and Nifty are likely to open on a positive note in Friday's trade, tracking strong cues in the US and Asian markets. Dollar lost ground while oil prices rose in early trade. Here's what you should know before the Opening Bell:…

The S&P 500 ended higher on Thursday, snapping a five-session losing streak, as investors interpreted data showing a rise in weekly jobless claims as a sign the pace of interest rate hikes could soon slow. Wall Street's main indexes…

A 'help wanted' sign is displayed in a window of a store in Manhattan on December 02, 2022 in New York City. Spencer Platt | Getty ImagesAs far as jobs reports go, November's wasn't exactly what the Federal Reserve was looking for.A…

The Kingdom Tower (center) stands on the skyline above the King Fahd highway in Riyadh, Saudi Arabia.Simon Dawson | Bloomberg | Getty Images Saudi Arabia reported its first budget surplus in nearly 10 years, thanks to its revenue being…

Shares of Larsen & Toubro (L&T) climbed for the fourth straight session today. The stock surged as much as 2.38 per cent to hit a day high -- also its 52-week high -- of Rs 2,173.95. It eventually settled 206 per cent higher at Rs…

Sensex managed to end higher today after four straight sessions of losses led by gains in select banking and auto counters amid mixed global cues. Sensex rose 160 points to settle at 62,570.68. Of 30 Sensex stocks, 13 advanced while 17…

The initial public offer (IPO) of Landmark Cars Limited will open next week on December 13. The firm, which is engaged in the dealership of four wheelers, plans to raise Rs 552 crore by issuing 10,909,091 shares. The fresh issue will…

Shares of Kalpataru Power rose nearly 3% today after board of directors cleared raising of Rs 99 crore through the issuance of non-convertible debentures (NCDs). The issue will be carried out on private placement basis.   In the afternoon…

Shares of state-owned lenders Bank of India (BoI) and Bank of Baroda (BoB) jumped up to 8.78 per cent to hit their respective 52-week highs today. Technical charts largely show a 'positive' outlook for the two stocks in the medium term.…

Indian power stocks remained charged up for the third straight year on Dalal Street, citing fresh investment announcements and rising demand growth which rebounded to double-digits in November 2022. The ongoing rally in Adani group stocks…

Shares of Venky’s India zoomed nearly 16% today and were among the top gainers on BSE. The stock has gained after four days of consecutive fall.  The rally in the poultry company’s stock comes amid the ongoing football world cup in Qatar…

Shares of Lancer Container Lines are in focus after the firm has announced stock split from face value of Rs 10/- per share to Rs 5/- per share. Lancer Container Lines is a multibagger stock with 156% returns, 110% returns and 3,647%…

Sun Pharmaceutical Industries' stock fell 2.5% on Thursday as the US Food and Drug Administration (FDA) had listed the drugmaker's facility in Gujarat's Halol under an import alert. At 10:40 hours on Thursday, the drugmaker's stock was…

Shares of NDTV fell nearly 4% in early trade today after LTS Investment Fund sold 5,46,379 shares of the media company at Rs 358.53 apiece on Wednesday. NDTV stock slipped 3.63% to Rs 344.40 in early trade against the previous close of Rs…

Shares of Zomato have managed to catch the attention of investors on Dalal Street. Notably, the stock is down over 57 per cent from its 52-week high of Rs 148.85, hit on December 9, 2021. However, it is up over 60 per cent from its 52-week…

Shares of agrochemical firm Dharmaj Crop Guard listed at a premium of 12 per cent today against the IPO issue price. The company offered its shares in a price band of Rs 216-237 per share.  The stock listed at Rs 266.05, 12.26% higher on…

Sensex fell for the fourth session on Wednesday. The 30-share BSE benchmark ended 215.68 points or 0.34 per cent lower at 62,410.68. Similarly, the broader Nifty fell 82.25 points or 0.44 per cent to 18,560.50. NTPC was the top  Sensex…

Among Jefferies 19 top stock ideas for December, there were three auto makers namely Tata Motors, Maruti Suzuki and TVS Motor. Jefferies believes Tata Motors is in the early phase of a multi-year turnaround led by confluence of improved…

A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022.Brendan McDermid | ReutersGameStop said Wednesday its fiscal third quarter sales declined and its cash pile…

Shares of Uniparts India will be allotted to eligible bidders today. The IPO was open from  November 30 to December 2.  Uniparts India is a supplier of systems and components for the off-highway market in the agriculture and construction,…

Shares of three Tata Group companies -- Tata Motors, Tata Power and Tata Steel -- slipped in Wednesday's trade, in line with a fall in the broader market. Technical charts largely have mixed views on the three Tata Group stocks. Tata Motors…

Shares of real estate majors declined sharply in Wednesday’s morning trade on Wednesday after the Reserve Bank of India (RBI) raised its key repo rate by 35 basis points to 6.25 per cent to curb lingering inflation pressures. As many as 8…

Shares of real estate majors declined sharply in Wednesday’s morning trade on Wednesday after the Reserve Bank of India (RBI) raised its key repo rate by 35 basis points to 6.25 per cent to curb lingering inflation pressures. As many as 8…

The initial public offer (IPO) of India's largest wine maker Sula Vineyards will open on December 12. The firm plans to raise Rs 900 crore to Rs 1,000 crore through the share sale.  The IPO will close on December 14. Sula Vineyards…

The monetary policy committee’s 35 basis points rate hike, which was less than the previous rate hikes but in line with Street expectations, could not cheer stock investors. If anything, the BSE Sensex fell over 350 points post rate hike.…

Brokerage ICICI Securities sees over 10 per cent upside in Mazagon Dock Shipbuilders despite an over 200 per cent rally in the state-owned firm on Dalal Street in the ongoing calendar year. Shares of the company jumped to Rs 890.05 on…

Shares of Craftsman Automation were in focus today after private equity firm Marina III Singapore offloaded its entire 5.48 per cent stake or 11,56,808 shares at an average price of Rs 3,200 in the engineering company. The transaction size…

A smallcap strategy run by Right Horizons PMS has delivered a mindboggling 60 per cent annualised return to investors in the past two years till October 31, 2022. This is not a one-off performance by the fund. Data shows that the strategy…