Business

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…

The performance of the stocks of PSU Banks has been rather unprecedented in 2022 so far. On a year-to-date basis, the Nifty PSU Bank index is up over 67 per cent. According to Morgan Stanley, this rally has additional legroom too. It…

Shares of Siemens jumped 8 per cent in Wednesday's trade after the company said it has emerged as the lowest bidder for the 9000 HP Electric Locomotives project in Dahod, Gujarat, worth over Rs 20,000 crore. Indian Railways had floated the…

Among two dozen listed Tata group stocks, only one stock has managed to deliver over 100 per cent return in 2022 so far. This is an associate of India Hotels, Oriental Hotels. Indian Hotels and other Tata group companies owned 39.1 per…

Real estate, metals, IT and power stocks delivered strong returns in the month of December historically, as suggested by past returns of their sectoral benchmark indices. These sectors have managed to deliver positive returns in 70-80 per…

Wednesday would see shares of Hatsun Agro Products going ex-rights while those of Hinduja Global Solutions turning ex-dividend. Advait Infratech will turn ex-EGM today, data available with BSE suggests. Hatsun Agro Products, whose shares…

Wall Street ended lower on Tuesday, with the S&P 500 extending its losing streak to four sessions, as skittish investors fretted over Federal Reserve rate hikes and further talk of a looming recession. Meta Platforms Inc dragged down…

Dev Ittycheria, CEO of MongoDBAdam Jeffery | CNBCMongoDB shares rose 27% in extended trading on Tuesday after the database software maker surprisingly swung to a profit.Here's how the company did:Earnings: 23 cents per share, adjusted, vs.…

Benchmark indices closed lower on Tuesday amid weak global market trends and rising crude prices. Sensex fell for the third session and ended 208.24 points or 0.33 per cent lower at 62,626.36. During the day, the 30-stock index tumbled…

Shares of budget carrier SpiceJet zoomed 9% intraday after the airlines' operations, safety processes and systems were found to be in order following an exhaustive audit conducted by the International Civil Aviation Organisation (ICAO).…

Shares of Dharmaj Crop Guard, whose Rs 251.15 crore IPO ran from November 28 to November 30, will make market debut on Thursday. Last heard, the issue was commanding a grey market premium (GMP) of Rs 44 apiece. The GMP for the issue has…

The Santa Claus rally came early to Dalal Street this time, with the BSE benchmark Sensex and the NSE barometer Nifty scaling their fresh all-time high on December 1. If history is to go by, the month favours the bulls, hands down. In the…

Shares of Tata Power are trading under pressure, shedding their multibagger tag during the last one year and in 2022. Earlier, the power sector stock from the Tata Group delivered 218% returns during two years. The stock rose from Rs 71.65…

Nuvama Alternative & Quantitative Research on Tuesday said LTIMindtree, the merged entity of L&T Infotech & Mindtree, is unlikely to replace BPCL in Nifty's next rejig slated in March next year.  It sees Adani Power, Varun…

Droneacharya Aerial Innovations on Tuesday announced that it's initial public offering (IPO) would open for subscription on December 13. The three-day initial share sale would conclude on December 15. The SME (Small and medium enterprises)…

Shares of Natco Pharma gained over 3% in a weak market today after the company received a favourable judgement from Delhi High Court in a patent infringement case of Chlorantraniliprole (CTPR) process. Natco Pharma stock rose 3.51% to Rs…