Business

Adani group's open offer to acquire an additional 26 per cent stake in the media firm New Delhi Television (NDTV) from the market would start from Tuesday. The offer, for which a price band of Rs 294 per share has been fixed, will open on…

CA Swift Investments on Monday dumped half of its holding in Delhivery at an average price of Rs  330.02 apiece, NSE bulk deal data suggested. CA Swift Investments sold 1,84,04,607 (1.84 crore) shares of Delhivery amounting to Rs 607.38…

Benchmark indices fell for the third straight session on Monday and closed nearly 1 per cent lower amid weak trend in global equities. Sensex declined 518.64 points or 0.84 per cent to end at 61,144.84. During the day, the index tumbled…

Shares of Archean Chemical Industries closed 12.52% higher to their IPO issue price on their listing day today. The stock closed at Rs 457.95 against the  IPO price of Rs 407 on BSE. The price band of the IPO was Rs 386 to Rs 407. Market…

Shares of Bandhan Bank on Monday dropped 2.61 per cent to hit a 52-week low of Rs 210.50 on BSE. The stock has declined 6.84 per cent in the previous five sessions. On a year-to-date (YTD) basis, the scrip traded a little over 41 per cent…

Shares of Star Health and Allied Insurance Company gained nearly 3% today after the firm reported a 12% rise in gross direct premium for October 2022 on a year-to-date basis.  The insurance firm also reported a 12% rise in gross premium for…

European shares slipped on Monday, with economically sensitive sectors like miners and industrials leading the losses on worries about the impact of surging COVID-19 cases in China. The pan-European index was down 0.2% by 0811 GMT, after…

Shares of mutual fund transfer agency Computer Age Management Services (CAMS) have lost 27% from 52-week high amid a roller coaster movement in the broader market. CAMS Services shares are down by Rs 857 or 27.31 % from their 52-week high…

Shares of mutual fund transfer agency Computer Age Management Services (CAMS) have lost 27% from 52-week high amid a roller coaster movement in the broader market. CAMS Services shares are down by Rs 857 or 27.31 % from their 52-week high…

Japan's stock markets edged up on Monday, although the Nikkei share average was kept below 28,000, as rising COVID-19 cases in China weighed on sentiment in Asia and traders awaited more clarity on the outlook for interest rates. The…

A host of stocks such as JB Chemicals & Pharmaceuticals, ACC, HEG and IIFL Finance and Alicon Castalloy are looking good on technical charts. Analysts believe these stocks can deliver healthy returns over the next few weeks. JB…

Shares of Indian Energy Exchange rose over 5% in a weak market today after the firm said a meeting of the board of directors is scheduled to be held on Friday, November 25, 2022, to consider a proposal for buyback of fully paid-up equity…

Shares of Zomato fell over 4% today as the online food delivery firm said its co-founder Mohit Gupta has resigned from the company. Sentiment around the stock also turned weak amid reports that the company plans to lay off 4% of its…

Five Star Business Finance made a poor market debut on Monday, as the scrip fell 5.07 per cent to Rs 449.95 a piece on NSE over its issue price of Rs 474 apiece. At this price, the stock commanded a market capitalisation of Rs 13,110.02…

Asian share markets and oil prices slipped on Monday as investors fretted about the economic fallout from fresh COVID-19 restrictions in China, with resulting risk aversion benefiting bonds and the dollar. Beijing's most populous district…

Monday would see at least 12 stocks such as ONGC, Oil India, Petronet LNG, Cochin Shipyard, Balkrishna Industries, Mazagon Dock Shipbuilders, Natco Pharma and 3M India going ex-dividend . Shares of Easy Trip Planners will go ex-split from…

The coming week is likely to be a volatile one for local equity markets on account of the F&O (Futures and Options) expiry, which is scheduled to take place on November 24, 2022. On the economic data front, market participants will be…

Nifty Bank made an intra-week high of 42,622.75, before closing the week at 42437.45. With this, the banking index managed to close above previous week's closing level.On the weekly chart, the index is sustaining above its 21-day moving…

Nifty traded in a tight range of 18,442-18,210 to eventually settle with marginal losses this past week.  On the daily chart, the NSE barometer formed a bearish candle with a long lower wick, suggesting selling was bought into. On the…

Indian equity benchmarks ended the volatile week of trade with marginal cut as traders remained worried on account of geopolitical tensions mainly due to Russia-Ukraine conflict and rising numbers of rising Covid-19 cases in China.…

Tata Motors will replace Dr Reddy's Laboratories in the 30-share Sensex, said the stock exchange on Friday.  The change will come into effect from December 19, 2022. Sun Pharma remains the only healthcare stock in the Sensex.  Adani Power…

Industrial equipment company 3M India, a subsidiary of US-based 3M Co, has recently announced a whopping 8,500% interim dividend to its shareholders. The company will pay Rs 850 for each share with a face value of Rs 10. On November 9, the…

Fund managers and analysts on Dalal Street are gung ho on India and the Indian equity market. While some believe that the domestic economy may hit the $5 trillion landmark by 2028, others think that the benchmark equity index BSE Sensex may…

Shares of Indigo Paints slipped around a per cent on Friday to hit their fresh 52-week low level during intraday deals. The stock fell as much as 0.85 per cent to a day's low of Rs 1,334.45 on BSE. The decorative paints company's scrip,…

The Indian equity market ended lower for the second straight session on Friday, erasing initial gains amid a mixed trend in the global equities.  Sensex declined 87.12 points or 0.14 per cent to 61,663.48. During the day, the 30 stock…

World stocks were heading on Friday for a 1% loss on the week, drifting from recent two-month highs after US Federal Reserve officials fired more warning shots on interest rates, while the US bond yield curve priced for a recession. The…

The shares of Five Star Business Finance will make their market debut on November 21.  The grey market premium (GMP) of the share sale stands at minus 2. This implies that the Five Star Business Finance stock is likely to be listed at Rs…

Bandhan Bank, a foreign institutional investor (FPI) favourite, has fallen 38 per cent since May high and is in a tight bear grip. Technical indicators suggest the stock is in deep oversold zone and has a crucial support at Rs 200, failing…

The initial public offer (IPO) of speciality marine chemical manufacturer Archean Chemical was subscribed 32.23 times on the final day of the issue (November 11). The firm received bids for 64.31 crore shares against an IPO size of 1.99…

Shares of Paytm and Nykaa are on a rollercoaster ride, especially after the lock-in period expired for their pre-IPO investors.  On Thursday, Softbank sold 29 million shares of Paytm through a block deal. The shares of the fintech company…