Business

The upcoming initial public offering (IPO) of Ahmedabad-based Harsha Engineers International would open for subscription on September 14 and conclude on September 16. The precision bearing cage manufacturer's public issue consists of a…

Shares of YES Bank hit a fresh 52-week high today amid a rally in the broader indices. YES Bank stock climbed 2.53 per cent today to a fresh high of Rs 18.20 against the previous close of Rs 17.75 on BSE today. The banking stock has surged…

Shares of dairy major Hatsun Agro Products surged 14 per cent in the last four days after leading mutual fund houses acquired stakes in the company on September 6 from open market. SBI Mutual Fund increased stake in Hatsun Agro Product Ltd.…

A focus on quality together with attractive valuations can help you to spot big gainers on Dalal Street. The criterion is working for a Mumbai-based Nikhil Gangil (29) who has spotted at least 10 multi-baggers in the past five years. In an…

Shares of Reliance Power tumbled 10 per cent in early trade today amid news that US investment firm Varde Partners will buy around 15 per cent equity stake with an investment of Rs 933 crore (around $117 million) in the Anil Ambani group's…

Benchmark indices rebounded around 1 per cent on Thursday due to value buying in banking, IT and auto stocks amid largely positive trend in the global markets. Sensex climbed 659.31 points or 1.12 per cent to end at 59,688.22. Nifty rose…

Indian equity benchmarks on Friday staged a positive opening amid positive global cues. Asian shares traded higher as the US dollar eased, with markets turning calmer after a record interest rate hike from the European Central Bank (ECB)…

Asian shares crept higher as the dollar eased, with markets turning calmer after a record interest rate hike from the European Central Bank and hawkish comments from the US Federal Reserve Chair reinforced bets of aggressive tightening…

Benchmark indices rebounded around 1 per cent on Thursday due to value buying in banking, IT and auto stocks amid largely positive trend in global markets. Sensex climbed 659.31 points or 1.12 per cent to end at 59,688.22. During the day,…

Shares of ICICI Bank hit record high in the afternoon session today amid positive sentiment in the broader market. ICICI Bank stock logged an all-time high of Rs 900.5, rising 2.75 per cent against the previous close of Rs 876.40 on…

For the last couple of days, one data metric related to the stock market is being widely shared on social media – the total number of demat accounts in the country crossed the 10-crore mark for the first time ever.  Even finance minister…

Shares of Bharti Airtel gained 3 per cent today after Singapore Telecommunications , commonly known as Singtel sold 1.76 per cent stake in the telco. The block deals involved transactions of  about Rs 7,128 crore. The Bharti Airtel stock…

After witnessing two muted years due to Covid-19, the spirit of the festive season seems to be coming back on track. According to market watchers, the Indian economy's remarkable resilience in the ongoing financial year is visible with the…

Shares of IndiGo's parent firm InterGlobe Aviation on Thursday plunged more than 4 per cent in early deals. The stock tanked as much as 4.08 per cent to hit an intraday low of Rs 1,903 from its previous close of Rs 1,983.95. As of 11:01…

The stock of ITC has proved to be a dark horse this year. The FMCG share, long termed as  a defensive and safe bet,  has surged 50 per cent in 2022.  Shares of ITC, which closed at Rs 218 on December 31 climbed to Rs 328.20 level today,…

Indian equity benchmarks on Thursday may stage a positive opening amid positive global cues. Trends on SGX Nifty indicated a gap-up opening for the domestic markets. Asian shares made broad gains today, extending an overnight global rally,…

Sensex and Nifty ended lower on Wednesday, led by losses in banking stocks amid weak global cues. Sensex declined 168.08 points or 0.28 per cent to end at 59,028.91. Nifty fell 31.20 points or 0.18 per cent to 17,624.40. IndusInd Bank,…

Global stocks rallied on Wednesday after recent losses as benchmark US Treasury yields eased from three-month highs and oil prices fell below $90 a barrel. The dollar surged to a 24-year peak against the yen and a 37-year high versus…

SAN RAFAEL, CALIFORNIA - DECEMBER 08: Customers enter a GameStop store on December 08, 2021 in San Rafael, California. Video game retailer GameStop will report third quarter earnings today after the closing bell. (Photo by Justin…

The Indian equity market is set for a very resilient and structural run, says Hiren Ved, CEO, Director and CIO of Alchemy Capital Management, adding that “once the geopolitical issues get sorted out, settled, or priced in, one may see a…

India’s share in the world market capitalisation hit an all-time high of 3.4 per cent in August 2022, according to financial services firm Motilal Oswal Financial Services. The figure stood higher than its long-term average of 2.5 per cent.…

Sensex and Nifty ended lower on Wednesday, led by losses in banking stocks amid weak global cues. Sensex declined 168.08 points or 0.28 per cent to end at 59,028.91. During the day, it fell 474.1 points to 58,722.89. Nifty fell 31.20 points…

Employees stand next to a ET7 sedan at a NIO Inc. dealership in Shanghai, China, on Wednesday, June 8, 2022.Qilai Shen | Bloomberg | Getty ImagesChinese electric vehicle maker Nio lost $409.8 million in the second quarter, representing…

Shares of Container Corporation of India (CONCOR) rallied over 14 per cent today after the Cabinet approved the new rail land lease policy. The policy has been approved for a period of 35 years against the current five years. Under the…

Shares of Shree Cement were the top gainers on Nifty today even as broader market indices were trading in the red. Shree Cement stock gained 7.04 per cent intraday to Rs 23,179 against the  previous close of Rs 21,654 on Nifty. On BSE, the…

Shares of IT majors TCS, HCL Technologies, and Infosys have been majorly affected by the economic and political turbulences across the globe. The ongoing Russia-Ukraine war, economic slowdown, highly volatile global markets and bleak…

The initial public offer (IPO) of Tuticorin-headquartered Tamilnad Mercantile Bank was oversubscribed 1.77 times on the final day of bidding today. As of 11:06 am, the initial share sale received bids for 1,54,22,820 shares against…

Shares of Suzlon Energy rose nearly 4 per cent in early trade today despite a weak sentiment in the broader market. The renewable energy solutions provider said it has won an order to set up 180.6 MW wind energy project from Sembcorp's arm…

Benchmarks indices finished lower in volatile trade on Tuesday as losses in consumer goods and banking stocks countered gains in metal and energy. Sensex fell 49 points to close at 59,197and Nifty fell 10 points to settle at 17,656. Tata…

Indian equity benchmarks on Wednesday staged a gap-down opening, in line with the weaker trend in global markets. Asian shares mostly traded lower in early deals as Japan's Nikkei Index fell 0.95 per cent, South Korea KOSPI was down 1.59…