Business

IRB Infrastructure Developers continued to remain under spotlight in the first trading session of 2023, as the stock rose more than 8 per cent during the early trade on Monday.The company's board is scheduled to meet on Wednesday, January 4…

As the New Year dawns, it brings with it new hopes, new optimism and new aspirations. But for your investment strategy to even remotely succeed, it is essential to avoid some investment mistakes, which investors are most likely to make in…

Shares of Usha Martin rose sharply to hit their one-year high level in early trade on Monday. The stock jumped 14.76 per cent to touch its 52-week high of Rs 197.45 over its previous close of Rs 172.05. A total of 1.61 lakh shares changed…

Shares of BF Investment climbed 20 per cent in Monday's trade as the company board will consider and approve delisting of shares in a meeting on January 4. The company informed this in a BSE filing post market hours of December 30.…

Indian benchmarks Sensex and Nifty closed on a negative note on Friday in the last trading session of 2022. Sensex fell 293 points to end at 60,840 and Nifty lost 85 points to close at 18,105. ICICI Bank (1.74%), Bharti Airtel (1.56%), HDFC…

The boards of three companies namely Nitta Gelatin India, Coastal Corporation, and Inventure Growth & Securities will consider rights issues on Monday. The board of Ashapura Minechem will consider the issue of warrants later in the day.…

The last week of the calendar year 2022 proved to be a cheerful one for the markets, with major indices making a turnaround after three weeks of losses and reclaimed their crucial psychological levels of 60,800 (for Sensex) and 18,100 (for…

Did you know that the last time the Indian benchmark indices – S&P BSE Sensex and Nifty – ended a calendar year in the red was way back in 2015? Since then, the benchmarks have been clocking gains in every calendar year and this is the…

Wall Street's main indexes were dragged lower by battered growth stocks on the final trading day of a roller-coaster year marked by aggressive interest-rate hikes to curb inflation, the Russia-Ukraine war and recession fears. Most…

Indian benchmark indices ended 2022 on a positive note, clocking over 4% gains each amid highly volatile global markets. Sensex gained 2,587 pts or 4.44% in 2022. Sensex, which closed at 58,253 on December 31, 2021, ended at 60,840 level on…

A handful of mega IPOs that hit the market in 2022 could not deliver investor money. Some of the issues such as AGS Transact, Delhivery and Life Insurance Company (LIC) in fact eroded a major chunk of investor value in the otherwise a…

Benchmark equity indices BSE Sensex and NSE Nifty ended the year 2022 on a positive note despite the volatility in the form of the Russia-Ukraine war, rising interest rates, record outflows by foreign institutional investors and fear of…

Investors in 2022 IPOs had a mixed year, with only a handful stocks delivering strong returns. Among the three dozen stocks that hit the Street, only three could manage to double investor money during the year. Out of 40 companies that…

Shares of Elin Electronics extended selling pressure post a tepid listing, before ending the day at Rs 227.80 on BSE, down 7.77 per cent over the issue price of Rs 247. Elin Electronics hit a low of Rs 225.60 05 and high of Rs 244.75…

Indian benchmarks Sensex and Nifty closed on a negative note on Friday in the last trading session of 2022. Sensex fell 293 points to end at 60,840 and Nifty lost 85 points to close at 18,105.    Top losers    ICICI Bank (1.74%), Bharti…

2022 was a modest year for stocks, but portfolio values of celebrated HNI investors jumped up to 40 per cent during the year, suggesting either their portfolio stocks moved up or wealthy investors used the year to build portfolios, or both.…

Stock of Welspun Enterprises rose 3% in the afternoon session after the board of the firm  cleared a buyback of shares worth Rs 235 crore. Under the share buyback scheme, the company will purchase 1,17,50,000 equity shares of Rs. 10/- each…

IRB Infrastructure Developers' shares extended gains on Friday as its subsidiary raised Rs 700 crore via allotment of redeemable non-convertible debentures (NCDs).Udaipur Tollway Limited (UTL), the Special Purpose Vehicle of IRB…

Vaishali Parekh of Prabhudas Lilladher has recommended three stocks namely Birlasoft, Piramal Enterprises and ABB. Birlasoft, which was consolidating for sometime, has signalled potential upside, she said adding that the risk-reward looks…

Shares of Skipper Ltd rose over 6% today after the firm said it won fresh new order worth Rs 2,570 crore from Bharat Sanchar Nigam Ltd (BSNL). Skipper stock hit a fresh 52 week high of Rs 148.85, gaining 6.35% intraday  against the previous…

Craftsman Automation's shares rallied more than 10 per cent during the early trade on Friday, hitting a new 52-week high, after the acquisition of DR Axion. In an exchange filing, Craftsman Automation said that it has entered into a…

Benchmark stock indices opened on a firm note on Friday, the last trading session of 2022, tracking a strong buying action in Asian markets. The gains were, however, capped.   Lifting of Covid-19 restrictions in China and hopes of a dovish…

Shares of Lotus Chocolate climbed 5 per cent in Friday's trade after Reliance Consumer Products, the wholly-owned subsidiary of Reliance Retail Ventures, entered into an agreement with the promoters of Lotus Chocolate for a majority stake.…

This year, Indian equities witnessed ferocious selling by foreign institutional investors (FIIs) amid the ongoing global economic concerns. FIIs have sold shares worth Rs 2.75 lakh crore in the Indian equity markets this year till December…

Elin Electronics is set to make its debut at the Dalal Street on Friday, making it the seventh lising for the month and the last listing of the calendar, which may disappoint the investors, who might have bid for the issue for a listing…

Shares of Spandana Spoorthy Financial hit upper circuit level of 5% on Thursday after the firm said its board has approved the transfer of stressed loan portfolio to an asset reconstruction company (ARC), including the written-off loans of…

Indian benchmarks Sensex and Nifty ended higher on Thursday powered by a rally in the last hour of trade. Sensex rose 223 points to end at 61,133 and Nifty gained 68 points to close at 18,191.  The indices had traded in the red since early…

The shares of state-owned Indian Railway Catering and Tourism Corporation (IRCTC) have breached the key support level of Rs 633 in the last few sessions. Prior to this, the stock had breached the same level in the form of resistance six…

Shares of Goldiam International, which is backed by two seasoned investors, jumped 8 per cent in Thursday’s trade amid thin trading volumes. Despite weakness in the broader market, the stock gained 8 per cent to hit a high of Rs 138.80 on…

Shares of KFin Technologies saw a muted listing on Monday, as the scrip debuted at Rs 369 on BSE, at a negligible premium over its issue price of Rs 366. The stock got listed at Rs 367 on NSE. The tepid listing by the technology-driven…