Swiggy shares jump 15% following modest market debut
Nov 13, 2024, at 08:53 pm
Mumbai/IBNS: Online food ordering and delivery company Swiggy's shares launched on the National Stock Exchange (NSE) with a 7.69 percent premium on Wednesday (Nov. 13), opening at Rs 420 per share compared to its IPO price of Rs 390.
Market crash: Sensex, Nifty 50 fall for 5th consecutive session; drops over 9% from peak
Nov 13, 2024, at 07:21 pm
Mumbai/IBNS: Indian markets continued their downward trend for the fifth consecutive session on Wednesday (Nov. 14) influenced by weak global cues, a strengthening dollar, a depreciating rupee, and persistent foreign investor outflows.
Sagility India IPO share allotment expected today
Nov 08, 2024, at 07:26 pm
Mumbai/IBNS: The share allotment for the Sagility India IPO is expected to be finalized later on Friday (Nov. 8).
Afcons Infrastructure stock surges 8.9% after listing at discount on NSE
Nov 04, 2024, at 07:28 pm
Mumbai/IBNS: Afcons Infrastructure shares rose by 8.9 percent to Rs 463.9 on the NSE following a weak market debut earlier this week.
Hyundai Motor India shares climb up to 6% following stock listing on NSE, BSE
Oct 23, 2024, at 07:37 pm
Mumbai/IBNS: Hyundai Motor India’s shares saw a rise of up to 6 percent on Wednesday (Oct. 23), a day after their discounted debut on the NSE and BSE.
Varun Beverages shares jump as board approves raising up to Rs 7,500 crore via QIP
Oct 09, 2024, at 08:13 pm
Mumbai/IBNS: Shares of Varun Beverages surged in Wednesday's (Oct. 9) trading session after the board of the PepsiCo bottler approved a plan to raise Rs 7,500 crore through qualified institutional placement (QIP) to support its growth initiatives and enhance its balance sheet.
SpiceJet shares soar 8% as airline settles $132 million dispute with 3 lessors for $22.5 million
Oct 09, 2024, at 07:18 pm
New Delhi/IBNS: Shares of SpiceJet Ltd. surged by 8 percent on Wednesday (Oct. 9) after the low-cost airline announced that it had successfully settled its dispute with three of its lessors.
BSE to retain weekly options linked to Sensex after SEBI's new F&O framework: Report
Oct 03, 2024, at 07:06 pm
Mumbai/IBNS: The BSE will continue offering weekly derivative contracts linked to the Sensex, after the new, stricter regulations on equity derivatives set by India's market regulator the Securities and Exchange Board of India (SEBI), Reuters reported, citing two sources familiar with the matter.
SpiceJet aims for fleet of 100 by the end of 2026: CMD Ajay Singh
Sep 23, 2024, at 06:39 pm
New Delhi/IBNS: A day after SpiceJet raised Rs 3,000 crore (about $360 million) through selling new shares, the airline's chairman and managing director (CMD) Ajay Singh said that the low-cost carrier aims to have 100 aircraft by the end of 2026, The Economic Times (ET) reported on Monday (Sept. 23).
Gujarat Gas shares skyrocket 14% after approving merger, demerger plan involving GSPC and GSPL
Sep 02, 2024, at 07:35 pm
Ahmedabad/IBNS: Shares of Gujarat Gas Limited (GGL) on Monday (Sept 2) surged 13.6 percent to its new all-time high of Rs 689.45 on BSE after the natural gas distribution company announced the restructuring of its group entities, including Gujarat State Petroleum Corporation (GSPC), Gujarat State Petronet Limited (GSPL), and Gujarat Gas, following which the brokerages have upgraded the stock's target price up to Rs 715.
Stock market crashes amid weak global cues: Here're some major factors that dampen sentiment
Aug 05, 2024, at 06:59 pm
Mumbai/IBNS: Indian stock markets crashed in early hours on Monday (Aug 5) as benchmark indices Sensex and Nifty were off to a weak start on the bourses, extending losses for a second session in a row after weak global cues, growing tensions between Iran and Israel in the Middle East, weak US jobs data, and recessionary fears dented sentiment across sectors.
Why the Sensex sank nearly 800 pts on Friday: Here're possible reasons
Aug 02, 2024, at 06:47 pm
Mumbai/IBNS: The Indian equity market started Friday's (Aug 2) trading session on a dismal note tracking steep losses in global peers as fears of a possible slowdown in the world's biggest economy resurfaced, reports said.
Stock market: Nifty crosses 25,000 for first time, Sensex at all-time high
Aug 01, 2024, at 05:45 pm
Mumbai/IBNS: Indian stock markets opened at a record high on Thursday (Aug 1), with benchmark indices Nifty starting at 25,030.95 after gaining 92.15 points, or 0.37 percent, and BSE Sensex surged to a record high of 82,082 after opening at 81,949.68 points, with a gain of 208.34 points, or 0.25 percent, from the previous close.
Stock Market: Nifty falls below 22,700 for fourth consecutive day; Sensex drops 668 points
May 29, 2024, at 10:30 pm
Mumbai: The Indian equity market extended its losing streak to a fourth consecutive session on Wednesday (May 29), with the Nifty closing at 22,700 amid selling pressure in oil & gas, IT, realty, and banking sectors.
Adani Ports to replace Wipro in BSE Sensex on June 24
May 25, 2024, at 04:54 am
Mumbai: Adani Ports and Special Economic Zone Ltd (APSEZ) will replace Wipro Ltd in the 30-stock blue-chip S&P BSE Sensex starting June 24, according to an announcement made by the index operator on Friday, reported Reuters.
May 24, 2024, at 07:03 pm
Mumbai/IBNS: Godrej Properties has suffered a jolt in the stock market after the Defence Ministry objected to its residential venture in Mumbai capable of producing revenue of Rs. 7,000, media reports said.
Indian stock markets open today as NSE, BSE hold special trading session
May 18, 2024, at 07:39 pm
Mumbai/IBNS: Indian stock markets are open today (Saturday, May 18) as both the benchmark indices -- National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) -- are holding a special trading session.
Market Update: Nifty opens flat, holds above key moving average; bank nifty gains momentum
May 17, 2024, at 10:31 pm
Mumbai: Nifty opened flat on Friday in line with global cues. After an initial knee-jerk reaction, the index traded in the positive zone and settled at 22,466 levels.
May 15, 2024, at 10:10 pm
Mumbai: The domestic benchmark indices opened positively on Wednesday, driven by strong global cues.
Stock market update: Sensex drops 380 points, Nifty hovers just above 22,300 mark
May 07, 2024, at 10:52 pm
Mumbai: The Indian stock market benchmarks Nifty 50 and Sensex closed in negative territory on Tuesday despite positive global cues, experiencing a widespread selloff.
Sebi rejects NSE's market trading hour extension proposal citing lack of consensus
May 07, 2024, at 07:09 pm
Mumbai/IBNS: The Securities and Exchange Board of India (Sebi) has rejected the proposal of the National Stock Exchange (NSE) to extend the trading hours due to a lack of consensus among stockbrokers, reports said.
Sensex crashes over 1,000 points, Nifty drops over 200 points
May 03, 2024, at 10:47 pm
Mumbai/IBNS: The Indian benchmark indices dropped on Friday afternoon due to profit-booking and a decline in the share prices of blue-chip Reliance Industries, wiping out gains made in initial trading.
Stock market opens in green with Nifty near 22,600
Apr 26, 2024, at 04:28 pm
Mumbai/IBNS: The Indian benchmark indices, led by positive cues from global peers, opened in the green on Friday (Apr 26).
Stock market opens in red, Kotak Mahindra Bank shares plunge 10% on RBI curbs
Apr 25, 2024, at 04:28 pm
Mumbai/IBNS: The Indian benchmark indices opened on a negative note on Thursday (Apr 25), following global peers down as a rout in tech stocks dragged the US benchmark indices down after disappointing forecasts by Facebook's parent Meta.
Stock market opens in green with Sensex 200 points up, Nifty atop 22,400
Apr 24, 2024, at 03:48 pm
Mumbai/IBNS: The Indian benchmark indices opened in the green on Wednesday (Apr 24) following global cues.
Stock market opens in green with Nifty above 22,400, Sensex near 73,900
Apr 23, 2024, at 03:37 pm
Mumbai/IBNS: The Indian benchmark indices opened in the green on Tuesday (Apr 23), following Asian peers higher as investors' focus shifted to companies results for the quarter (Q4) ended March 31.
Stock market opens in the green with Nifty above 22,250
Apr 22, 2024, at 03:10 pm
Mumbai/IBNS: The Indian benchmark indices opened in the green on Monday (Apr 22) with Nifty above 22,250 and Sensex near 73,500, as investors shifted focus from the easing tensions between Israel and Iran to the company earnings.
Indian bourses close in red amid uncertainty in West Asia; Sensex tanks 450pts, Nifty at 21,995
Apr 19, 2024, at 12:13 am
Mumbai: Indian key stock market indicators concluded the fourth consecutive session in the red under the ongoing uncertainties in West Asia and diminishing expectations of an imminent interest rate reduction by the US Federal Reserve, which dampened investor confidence in India.
Stock Market opens in the green, Nifty near 22,250, Sensex up 290 points
Apr 18, 2024, at 03:34 pm
Mumbai/IBNS: Indian benchmark indices opened on a positive note on Thursday (Apr 18) with Nifty near 22,250, shaking off the fading hopes of an early US rate cuts and geopolitical tensions in the Middle East due to the last week's Iranian attack on Israel that continued to weigh on investor sentiment.
Stock market holiday: BSE, NSE to remain closed for Ram Navami today
Apr 17, 2024, at 04:14 pm
Mumbai/IBNS: The Indian stock market -- the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) -- is closed today (Wednesday, Apr 17) on account of Ram Navami, which is celebrated as the birth anniversary of Lord Ram.