Business

Energy and healthcare stocks led European shares higher on Tuesday, following a strong handover from Asia where sentiment was boosted by speculation that China could ease COVID-19 curbs after recent protests. The pan-European STOXX 600…

The initial public offering (IPO) of Uniparts India would open for subscription on Wednesday (November 30). The global engineering systems and solutions provider fixed the IPO price band at Rs 548-577 per share. The IPO is entirely an offer…

Drugmaker Gland Pharma's shares surged over 7% to Rs 1,869 on Tuesday on report that said China's Shanghai Fosun Pharmaceutical Group Co Ltd is considering a sale of the firm. The Chinese firm has been working with an adviser, while…

A couple of brokerages have picked their auto plays ahead of November sales data. Some common auto picks include Maruti Suzuki, Ashok Leyland and TVS Motor. Motilal Oswal said Maruti Suzuki and Ashok Leyland are its preferred auto picks.…

Shares of logistics services provider Delhivery extended losses for the second straight session amid the equity market hitting record high today. Delhivery stock fell to a record low of Rs 310.1 against the previous close of Rs 323.60 on…

After showing a solid show in 2021, most real estate stocks have been battered in 2022 so far. The benchmark BSE Realty index itself has fallen 9 per cent year-to-date against a 6 per cent rise in the BSE Sensex, with stocks such as…

Shares of UCO Bank extended their fall for the second straight session on Tuesday. The stock fell as much as 4.06 per cent to hit a day low of Rs 19.85 compared to its previous close of Rs 20.69. Considering the day's low level, UCO Bank…

Shares of Laurus Labs fell over 7% today after Kotak Institutional Equities assigned a sell call to the pharma firm with a target of Rs 350.  Laurus Labs stock slipped 7.04% to Rs 418.80 (fresh 52-week low) against the previous close of Rs…

Shares of SBI Cards and Payment Services were in focus today after Morgan Stanley assigned a target of Rs 1,100 to the arm of country's largest lender State Bank of India. The target price is 36.44% higher than the closing of Rs 806.2 on…

Shares of Rail Vikas Nigam (RVNL) rose 5 per cent in Tuesday's trade to take its 5-day winning run to 45 per cent. RVNL is among many companies that assist India's railway infrastructure and have seen their stock prices rise recently. In…

Share Market Updates Today: Indian equity benchmarks are expected to open on a lower note today, taking cues from an overnight decline in Wall Street. All three major US stock indexes settled lower on Covid protests in China and ahead of…

US stocks ended sharply lower on Monday after protests in major Chinese cities against strict COVID-19 policies sparked concerns about economic growth, while Apple Inc slid on worries about a hit to iPhone production. Shares of the…

Metro Atlanta is on a hot streak.More than 6 million people now live in the region, according to recent Census Bureau estimates. Experts say that's about a 50% increase from 20 years ago. "It's a huge increase in population," said Dan…

BSE Ltd on Monday said that market regulator Securities and Exchange Board of India (SEBI) has approved Sundararaman Ramamurthy as the managing director (MD) and chief executive officer (CEO) of the exchange. His appointment is subject to…

Foreign brokerage Morgan Stanley said it sees 30 per cent probability of Sensex hitting the 80,000 mark by December 2023 in its bullish case scenario. The scenario assumes India is included in the global bond indices, resulting in nearly…

The initial public offering (IPO) of Dharmaj Crop Guard on Monday got fully subscribed on the first day of bidding. The issue attracted bids for 1,43,79,060 crore equity shares against the IPO size of 80,12,990 shares, booked 1.79 times on…

Indian equity market ended at fresh closing high on Monday, rising for the fifth straight session despite weak sentiment in the global market. Sensex climbed 211 points to end at 62,504, its fresh record closing high. During the day, it…

European shares fell from three-month highs on Monday, led by losses in energy and mining stocks, as widespread and rare protests in China against stringent COVID-19 curbs sparked a wave of selling in global markets. The pan-European STOXX…

Zerodha CEO Nithin Kamath offered his two cents on Monday on Mercedes-Benz India's sales and marketing head saying Rs 50,000 SIP per month by potential customers is hitting the luxury car market in the country.  "While the luxury car…

Cosmo First stock gained nearly 10 per cent today after the firm said its board would consider buyback of shares on December 1. Cosmo First stock gained 9.78 per cent to Rs 761.15 against the previous close of Rs 693.80 on BSE.  The stock…

Shares of JK Tyre and Industries Ltd (JK Tyre) rose sharply on Monday to trade near their 52-week high of Rs 197.50. The stock jumped as much as 10.50 per cent to hit a day-high level of Rs 191, just 3.29 per cent shy from its one-year high…

Shares of Damodar Industries gained 20 per cent amid a rising market today. Damodar Industries stock gained 19.96 per cent to Rs 59.5 against the previous close of Rs 49.60 on BSE.  The stock was locked in upper circuit in the afternoon…

Shares of MSTC soared 18 per cent in Monday's trade amid high volumes. The scrip jumped 17.67 per cent to hit a high of Rs 332.25 on BSE. A total of 4.6 lakh shares changed hands on the counter so far against a two-week average of 36,000…

Shares of Tanla Platforms gained 15 per cent amid a rising market today. Tanla Platforms stock gained 15.08 per cent to Rs 848 against the previous close of Rs 736.85 on BSE. Tanla Platforms stock opened higher at Rs 749.95. The stock is…

The Rs 835.61 crore IPO by Uniparts India, a global manufacturer of engineered systems and solutions, is all set to open on Wednesday, November 30. The IPO price band has been fixed at Rs 548-577 apiece.  Last heard, Uniparts was commanding…

Shares of Apollo Tyres were in focus today after brokerage UBS assigned a 21% upside to the company. The brokerage expects the stock to hit Rs 355 in a year, 20.87% higher to the previous close of Rs 293.70.  Earlier, the Swiss brokerage…

Shares of VA Tech Wabag rose over 5% in early trade today after the water technology company inked an agreement with Asian Development Bank (ADB) for raising Rs 200 crore through unlisted non-convertible debentures (NCDs). VA Tech Wabag…

Oil futures fell more than $1 early on Monday as protests in top importer China over strict COVID-19 curbs fuelled demand worries, while investors remained cautious ahead of an agreement on a Western price cap on Russian oil and an OPEC+…

Share Market Updates Today: Indian equity benchmarks are expected to open on a lower note today amid weak cues from the global markets. Asian shares plunged as investor sentiment took a hit due to protests in major Chinese cities against…

Stocks and oil weakened on Monday as rare protests in major Chinese cities against the country's strict zero-COVID policy raised worries about the management of the virus in the world's second-largest economy. MSCI's broadest index of…