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Business
‘Killing it’: Zerodha’s Nithin Kamath is all praise for Sebi’s crackdown on…
Zerodha CEO Nithin Kamath on Thursday appreciated Sebi for cracking down on pump-and-dump schemes and said the market regulator is "killing it with these enforcement orders".
Securities and Exchange Board of India on Thursday barred 45…
Euro zone prices dip to 8.5% as ECB flags rate hiking not over.
All eyes on the latest inflation numbers out of the euro zone as market players consider what the ECB will do next.Bloomberg | Bloomberg | Getty ImagesInflation in the euro zone eased slightly in the month of February, following comments…
Divgi TorqTransfer Systems IPO subscribed 23% on Day 2; retail portion booked fully
The initial public offering (IPO) of Divgi TorqTransfer Systems continued to get a decent response from the investors on the second day of the bidding process. The issue majorly attracted the retail bidders, whose portion sailed through on…
Kiri Industries shares jump 10% ahead of Singapore court’s ruling on DyStar’s final…
Shares of Kiri Industries Ltd rose sharply in Thursday's trade to hit their upper price band amid heavy volumes. The stock jumped 10 per cent to hit a day high of Rs 305.40 over its previous close of Rs 277.65. Around 13,000 shares changed…
Macrotech Developers extends gains, stock zooms 18% today to hover near Rs 1,000 mark
Shares of Macrotech Developers Ltd surged in Thursday's trade, extending their gains for the fourth straight session. The stock zoomed 18.18 per cent to hit a day high of Rs 999 over its previous close of Rs 845.30. At today's high price of…
Bodhi Tree’s web series become a global success on Netflix; stock rises 5%
After delivering multibagger returns to investors in a little more than two years of listing, Bodhi Tree Multimedia Ltd has added another accolade to its name. The company has informed the bourses that its latest web series on Netflix named…
SC verdict on Adani-Hindenburg row: Adani group m-cap up Rs 23,400 crore, Adani Enterprises shares…
Shares of Adani group jumped up to 5 per cent in Thursday's trade, with the group market cap rising over Rs 23,400 crore after the Gautam Adani-led group welcomed Supreme Court's order to conduct an investigation to ascertain if the…
Vikas Ecotech shares jump 11% after announcing debt reduction plan
Shares of Vikas Ecotech Ltd rallied more than 11 per cent during the early trade on Thursday after the company informed the bourses about its debt reduction program. The company intends to become a 'zero debt entity' in 2024, it said in an…
Sebi bars Alchemy Capital founder Lashit Sanghvi and his wife from stock market for a year
Sebi has barred Lashit Sanghvi, co-founder of Alchemy Capital Management, and his wife Neha Lashit Sanghvi, from accessing the securities market for a period of one year for alleged insider trading in shares of Aptech.
The case pertains to…
Olectra Greentech shares halt 2-day fall, surge 9% today; here’s why
Shares of Olectra Greentech Ltd jumped in Thursday's trade, pausing their losing run of two straight sessions. The stock soared 8.65 per cent to hit a day high of Rs 539.90 over its previous close of Rs 496.90. Fresh gains on the counter…
Sensex, Nifty open lower; Adani Enterprises tanks 10%; railway stocks shine
After a day's hiatus, bears were back at Dalal Street as benchmark indices opened lower on Thursday on the back negative global cues. However, indices seesawed between red and green zone for the initial few minutes as recovery could not…
SGX Nifty down 64 points: Asian markets fall, dollar moves lower, crude, FPI flows & more
Domestic equity markets are likely to open lower on Thursday, tracking the subdued global cues. Asian peers were trading lower at opening, whereas US stocks ended on a mixed note. Inflation worries continue to loom among the traders. Back…
SBI, Tata Steel, Infosys: What should be your strategy amid market volatility
Domestic stock indices settled higher on Wednesday, breaking an eight-day losing streak, thanks to strong global cues. The BSE Sensex advanced 448.96 points, or 0.76 per cent, to 59,411.08. The NSE barometer Nifty rose 146.95 points, or…
Salesforce (CRM) earnings Q4 2023
Marc Benioff, co-founder and CEO of Salesforce, speaks at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2023.Stefan Wermuth | Bloomberg | Getty ImagesSalesforce shares soared 15% in extended trading on Wednesday after the…
These 3 garment stocks surge up to 16% today; here’s why
Most garment and apparel stocks climbed on Wednesday, in line with the domestic benchmarks which settled higher after an eight-day halt. The top three industry-wise gainers on BSE are Rupa & Company, Dollar Industries and Bella Casa…
This Adani stock extends gains, recovers 52% from one-year low; what brokerages say
All 10 listed Adani Group stocks (including ACC, Ambuja Cements and NDTV) settled higher for the first time in sync on Wednesday since the US-based short seller Hindenburg Research released its report which resulted in a massive slump in…
Sensex rises 450 pts, Nifty tops 17,450; Rupa shares soar 16%, Adani Enterprises 15%
Domestic equity markets broke the eight-day losing streak on Wednesday as benchmark indices settled with sharp gains at the end on the back of strong global cues. Positive data over manufacturing, services and home sales boosted the…
Adani Total Gas shares close higher after 20 days; what should investors do?
Shares of Adani Total Gas Ltd closed higher today after falling for last 20 sessions in line with positive broader indices. Adani Total Gas stock ended at 4.85% higher at Rs 713.20 against the previous close of Rs 680.20 on BSE. Adani Total…
Adani Total Gas shares end 20-day losing streak; what should investors do?
Shares of Adani Total Gas Ltd closed higher today after falling for last 20 sessions in line with positive broader indices. Adani Total Gas stock ended 4.85% higher at Rs 713.20 against the previous close of Rs 680.20 on BSE. Adani Total…
New-age tech stocks: Paytm, Zomato shares in focus. Here’s what investors should know
Shares of Paytm and Zomato were trading in the green territory on BSE in Wednesday's trading session. Paytm stock jumped over 3 per cent to hit a day's high of Rs 615.70, while shares of Zomato were up 2.6 per cent to hit a day's high of Rs…
Divgi TorqTransfer IPO subscribed 12% on Day 1; check latest GMP & other details
The initial public offering (IPO) of Divgi TorqTransfer Systems was booked 12 per cent on the first day (Day 1) of issuance. The retail individual investors' (RIIs') category got a 60 per cent subscription, while the non-institutional…
Captain Polyplast reports highest-ever quarterly revenue; profit grows 6.6 times
Captain Polyplast has reported a strong performance for the period that ended on December 31, 2022. The micro irrigation player registered a 69 per cent year-on-year (YoY) growth in revenue at Rs 74.5 crore for the December 2022 quarter. It…
Systango Technologies IPO opens on March 2; check price band & other details
Systango Technologies' initial public offering (IPO) is set to hit Dalal Street on Thursday, March 2, 2023. The company is looking to raise Rs 34.82 crore from its SME offering by selling its shares in the range of Rs 85-90 apiece.
The…
Uflex shares extend gains, jump 14% today after clarification on I-T raid
Shares of Uflex rose sharply in Wednesday's trade, extending their uptrend for the second straight session. The stock jumped 13.58 per cent today to hit a day high of Rs 429.50 over its previous close of Rs 378.15. At today's high price of…
Adani Enterprises shares zoom 15% intraday; here’s why
Shares of Adani Enterprises Ltd gained 15% today after the flagship company of the Adani Group said its arm Mundra Aluminium Ltd has been declared as the preferred bidder for the Kutrumali bauxite block by the Odisha government. Adani…
Up 750% in six months, this multibagger textile stock is in focus on expansion plans
Lesser-known textile player Vinny Overseas has recently installed Epson machines for digital printing in textiles. The textile player has invested a significant number of internal accruals and partial debt from banks to meet the entire…
Federal Bank shares gain as brokerages see up to 33% upside
Federal Bank shares rose over 3% today after global brokerages maintained positive stance on the stock. Federal Bank shares touched an intraday high of Rs 133.05, rising 3.06% on BSE. Market cap of the bank rose to Rs 28,041 crore on BSE.…
U-turn! Adani Enterprises shares jump 29% in just 2 trading sessions
Shares of Adani Enterprises have zoomed over 29 per cent in the last two trading sessions. The stock ended 14 per cent higher yesterday and jumped 15 per cent on Wednesday to hit a day's high of Rs 1567 on BSE.
Sentiments turned positive…
Adani group m-cap jumps Rs 39,000 crore as Adani Enterprises, Adani Ports shares lead recovery
Adani Enterprises, Adani Ports & SEZ and Adani Green Energy were among stocks that lifted Adani group's combined market capitalisation by Rs 39,000 crore to above Rs 7.50 lakh crore mark in Wednesday’s trade. Shares of Adani Enterprises…
Vedanta shares snap 8-day losing run, jump 3%. Here’s why
Shares of Vedanta jumped 3 per cent in Wednesday's trade to snap an eight-day losing run. The stock gained after parent Vedanta Resources said it has pre-paid all of its maturities due till March 2023 and has deleveraged balance sheet by $2…