Business

Shares of NTPC were the top gainers on Sensex and Nifty today amid a report that the state-owned power generator is in race to buy debt-laden SKS Power Generation. Other bidders eyeing the company are Reliance Industries, Gujarat-based…

Jewellery maker and retailer Joyalukkas has withdrawn its Rs 2,300 crore ($277.95 million) initial public offering (IPO), a document on the market regulator's website showed on Tuesday. The reason for the withdrawal of the share sale was…

Indian equity benchmarks' trade timing is likely to be extended up to 5 pm, news agency Reuters reported on Tuesday citing a business channel. Market regulator SEBI (Securities and Exchange Board of India) issued a framework for timing…

Shares of IRB Infrastructure Developers Limited have delivered over 167 per cent in the last two years. The stock rose per cent to hit a day's high of Rs 286.90 on BSE on Tuesday. IRB Infra stock will trade ex-split from February 22, 2023,…

Gold prices have surged more than 17 per cent since January 2022, while the domestic equity market stood almost flat during the same period. A couple of factors including the Russia-Ukraine war, sustained outflows by foreign institutional…

Shares of three Adani Group companies continued to hit their respective 52-week lows in Tuesday's session. Adani Total Gas, Adani Transmission and Adani Green Energy were locked in the lower price band levels in early trade. Since January…

Shares of logistics services firm Delhivery gained for the fifth straight session today on the back of reports that MSCI has added 24 companies including Delhivery and deleted 5 securities from MSCI India Domestic Small Cap Index. All…

Shares of Adani Ports & Special Economic Zone (Adani Ports & SEZ) gained in Tuesday's trade amid reports the Adani group firm was looking to prepay a short-term debt due next month amounting to Rs 1,000 crore to win back investor…

Domestic indices on Monday extended their fall to the second straight session, dragged by banking and financials and energy stocks. The momentum in the market was muted, with a negative bias, amid lacklustre cues from global markets. Sensex…

Amid much social media chatter about an impending decision from NSE on extending trading hours for F&O segment, a very important market voice weighed on this subject -- Zerodha CEO Nithin Kamath.  "Extended trading hours for F&O…

Crayons Advertising on Monday filed the Draft Red Herring Prospectus (DRHP) with NSE Emerge for its initial public offering (IPO). The company said it plans to offer 64.30 lakh equity shares with face value of Rs 10 apiece through the…

Shares of Adani Total Gas have corrected over 77 per cent from its 52-week high of Rs 3,998.35. The stock has been in a downward trend since the Hindenburg report. It ended 5 per cent lower at Rs 925.10 on BSE on Monday. Market cap of the…

Shares of Adani Group’s flagship firm Adani Enterprises were the top losers intraday today after the chairman Gautam Adani’s net worth slipped to less than $50 billion as of February 20. Adani Enterprises shares slipped up to 9.33% to Rs…

Domestic stock indices on Monday extended their recent fall to the second straight session, dragged by banking and financials and energy stocks. The momentum in the market was muted, with a negative bias, amid lacklustre cues from global…

Broking firms including Zerodha, Groww and Angel One continued to gain market share in January amid record futures & options (F&O) volumes. ICICI Securities and Upstox, on the other hand, saw marginal declines in market share in the…

Shares of Prince Pipes & Fittings were trading on a flat note in the afternoon session today after promoter of the pipe manufacturer sold 13,27,500 shares in a bulk deal on February 17. Prince Pipes & Fittings stock stood at Rs…

Shares of Tata Investment Corporation fell sharply in Monday's trade, extending their losing run for the third straight session. The stock tanked 5.06 per cent to hit a day low of Rs 2,099 over its previous close of Rs 2,210.75. The scrip…

KEC International share price gained nearly 6% today after the engineering and construction company won new orders of Rs 3,023 crore across its various businesses. The share opened with a gain of 5.85% at Rs 503 against the previous close…

The country’s biggest institutional investor Life Insurance Corporation of India (LIC) was on a shopping spree in the third quarter of FY23 when the benchmark equity index BSE Sensex witnessed a rise of 5.9 per cent. Data available with Ace…

Shares of Cipla fell sharply in Monday's trade after the drug major's Pithampur manufacturing facility received eight inspectional observations in Form 483 from the United States Food and Drug Administration (USFDA). The stock tanked 6.79…

The best-performing Nifty MNC Index constituent, Schaeffler India, is trading at expensive valuations, said analysts. Schaeffler India has delivered a one-year return of 64 per cent, which is the highest among Nifty MNC constituents. The…

Adani group stocks Adani Power and Adani Wilmar gained up to 5 per cent in Monday’s trade after NSE added the two stocks as constituents of a couple of stock indices.  Adani Power will be part of Nifty 500, Nifty 200, Nifty Midcap 100,…

Adani Green Energy, Adani Transmission and Adani Total Gas are among stocks that require a rally of up to 400 per cent to revisit their 52-week highs, to a rout in Adani group shares that dragged fortunes of Gautam Adani -- once the world’s…

Tata Motors' India CV business has continued to see cyclical recovery and has a positive outlook, though there are emergence of red flags in the form of higher interest rates and macro headwinds, Motilal Oswal said. Brokerage Motilal Oswal…

Domestic stock indices are likely to open on a dull note on Monday amid mixed cues from Asian markets. China's PBOC kept benchmark lending rates unchanged at 3.65 per cent earlier today, in line with expectations. US markets will be shut…

Asian shares got off to a subdued start on Monday as a US holiday made for slow trading ahead of minutes of the last Federal Reserve meeting and a reading on core inflation that could add to the risk of interest rates heading higher for…

In the coming week, market participants will be eyeing Monetary Policy Meeting Minutes to be released on February 22 for more cues. Traders will be looking for the Foreign Exchange Reserves data to be out on February 24. Foreign Exchange…

The passing week was more of a consolidation one with markets paring some of their weekly gains in the last session. While BSE Sensex gained 320 points, or 0.5 per cent, at 61002.6, the Nifty moved 87.7 points up, advancing 0.5 per cent to…

The National Stock Exchange of India (NSE) on Friday announced a few changes to the constituents of its major indices barring Nifty 50 and there's good news for those who own stocks of two Adani Group firms.  Adani Power and Adani Wilmar…

Shares of Ipca Laboratories tumbled on Friday to hit their 52-week low level of Rs 815.20 during intraday trade. The stock eventually settled 3.75 per cent lower at Rs 831.20 over its previous close of Rs 863.55. The pharmaceutical…