Stay updated with latest events happening in Stock Market.
The foreign portfolio investors on Thursday snapped the 12-day selling streak and bought stocks worth approximately Rs 1,506.75 crore, according to provisional data from the National Stock Exchange. The DIIs that have been buyers for twelve sessions bought stocks worth Rs 22.14 crore.
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The highest interest rate offered on deposits for a one-year period is 7.25%. This rate is offered by Yes Bank, while Bank of Baroda and Canara Bank offer the second highest at 6.85%. HDFC Bank Ltd. and Axis Bank Ltd. offer the least interest rates on FDs of one-year. Punjab National Bank offers 6.80% and […]
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The Indian benchmarks closed higher for the second consecutive day on Thursday and recorded their best sessions since Nov. 22. Both the equity indices saw their highest closing since Dec. 18. The NSE Nifty 50 closed 445.75 points or 1.88% up at 24,188.65 and the BSE Sensex ended 1,436.30 points or 1.83% higher at 79,943.71. […]
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The 30-share BSE Sensex closed up 1436.3 points at 79943.71
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IT Sector Q3 Results Preview: IT sector Q3 results are expected to be impacted by seasonal furloughs. But, looking beyond seasonality, macro uncertainty is gradually easing and analysts expect the outlook for technology spending to improve in CY25.
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PNB adds 2 new FD tenures: The bank has added a new tenure of 303 days with an interest rate of 7%. The other tenure which has been added is 506 days, with an interest rate of 6.7% for general citizens. The new tenures are effective from January 1, 2025 onwards.
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Shares of Punjab National Bank Ltd. advanced over 2% on Thursday after the lender reported strong deposit growth in the third quarter, amid the broader deposit shortage and decreasing deposit accounts among Indian banks.
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Gujarat Toolroom Ltd’s stock surges 4.99% on BSE after announcing 5:1 bonus issue in upcoming board meeting.
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A fixed deposit offers consistent long-term returns and higher interest rates than savings accounts. SBI offers rates from 6.5% to 7% for terms of 1 to 5 years, while India Post offers 6.7% to 7.1% for similar terms, making them safe investment options.
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RailTel Corporation receives ₹78.43 crore order from BCCL, a subsidiary of Coal India, for IT-based security infrastructure.
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Markets open flat amid global closures, analysts predict stock-specific action; Derivatives show indecision with balanced call/put options.
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An analyst from YES Securities said that Dr Reddy’s Labs has demonstrated strong bullish momentum, consistently trading above key moving averages with uptrend and positive technical indicators.
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NMDC reports a 5.1% year-on-year increase in iron ore production for December 2024, reaching 4.71 million tonnes. However, sales declined by 6.7% year-on-year to 3.91 million tonnes. The company posted an 18.1% increase in net profit for Q2 FY25, with revenue up 22.5%. NMDC shares have declined 6% in the past 12 months.
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India Business News: Standard Glass Lining Technology Ltd has set a price band of Rs 133-140 per share for its Rs 410.05 crore IPO, opening on January 6, 2025. The IPO inc
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The agency has identified five such properties owned by Choksi and his entities in Thailand, Dubai, Japan and the US. These include one villa measuring 1,518 square meters and another immovable property (office space in Almas Tower) owned by Choksi in Dubai. Another one is an immovable property in Thailand and the ED claims that […]
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India is at the forefront of the digital payments revolution, driven by AI, IoT, and Big Data. AI is enhancing payment systems through secure and efficient embedded payments and advanced fraud prevention. As these technologies evolve, robust data infrastructure is crucial for the Indian payment ecosystem’s innovation and security.
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The agency has identified five such properties owned by Choksi and his entities in Thailand, Dubai, Japan and the US. These include one villa measuring 1,518 square meters and another immovable property (office space in Almas Tower) owned by Choksi in Dubai. Another one is an immovable property in Thailand and the ED claims that […]
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India Business News: Standard Glass Lining Technology Ltd has set a price band of Rs 133-140 per share for its Rs 410.05 crore IPO, opening on January 6, 2025. The IPO inc
Read more
India is at the forefront of the digital payments revolution, driven by AI, IoT, and Big Data. AI is enhancing payment systems through secure and efficient embedded payments and advanced fraud prevention. As these technologies evolve, robust data infrastructure is crucial for the Indian payment ecosystem’s innovation and security.
Read more
Join us in celebrating the remarkable achievements and innovations of women from diverse fields around the world.
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Sandur Manganese and Iron Ores Ltd. secures approval from the Central Empowered Committee to raise its iron ore production limit to 4.36 MTPA, enhancing its mining operations and future growth.
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India Business News: Standard Glass Lining Technology Ltd has set a price band of Rs 133-140 per share for its Rs 410.05 crore IPO, opening on January 6, 2025. The IPO inc
Read more
Indian frontline indices started 2025 on a positive note on Wednesday aided by buying trends in most sectors, particularly in auto and banks. While the S&P BSE Sensex settled at 78,507.41, up by 368.40 points or 0.47%, the broader Nifty closed at 23,742.90, higher by 98.10 points or 0.41%.Commenting on the day’s action, Rupak De, […]
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Foreign portfolio investors have been net sellers for the 12th straight session, while the domestic institutional investors have been buyers for the 11th consecutive session on Wednesday. The FPIs offloaded stocks worth Rs 1,782.7 crore, while the DIIs bought stocks worth approximately Rs 1,690.4 crore, according to provisional data from the National Stock Exchange.
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The Indian market began 2025 positively, with Sensex gaining 368 points and Nifty up 0.4%, led by financial services. Broad-based recovery hinges on Q3 earnings growth and government capex. Core sector data boosted auto, power, and industrial stocks.
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