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On January 3, the Indian stock market fell significantly. Meanwhile, in China, the COVID-like HMPV virus is wreaking havoc, causing significant panic among the people; read to know the other top stories of the day
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The NSE Nifty index closed 183.91 points down at 24004.75
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The Nifty Auto index closed 0.05 per cent at 24005.00.
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In the Nifty 50 index, 21 stocks ended in the green, while 29 stocks closed in the red in today’s trade.
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CLSA has dropped HDFC Bank Ltd. from its India-focussed portfolio, citing an uncertain global macro environment, elevated valuations, and a potential slowdown in India’s economic growth. In addition, the overall performance of Indian equities is expected to remain muted, with CLSA forecasting limited upside for the Nifty index in the coming year. HDFC Bank has […]
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A total of 3,081 shares changed hands on the counter till 01:35PM (IST).
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The stock traded at a P/E multiple of 40.73, while the price-to-book value ratio stood at 11.32.
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Avenue Supermarts, which runs DMart, saw a surge in its stock price on Friday after it reported an 18% annual growth in its standalone revenue from operations to Rs 15,565.2 crore in the quarter ended December.
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India’s benchmark index, NSE Nifty 50, can scale the 28,700-mark by December 2025 in a bull case scenario, Axis Securities Ltd. said in its latest outlook report.
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Davin Sons Retail Ltd. which launched its initial public offering on Jan. 2 was fully booked on Day 1 led by demand from retail investors. The company, engaged in the business of manufacturing and retailing a varied range of garments, aims to raise Rs 8.78 crore through the issuance of shares in the primary market.
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The study also showed, however, that the potential of higher returns from investments in the stock market does influence some urban savers to ditch safe savings options, such as fixed deposits and post-office plans, although these returns and fund flows to mutual fund units have only a tenuous link.
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They are optimistic that domestic travellers will flock to places such as Gulmarg, Auli and Pahalgam in the first three months of 2025 thanks to improved connectivity, better infrastructure, and more snow than last year.
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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. The foreign portfolio investors on Thursday snapped the 12-day selling streak and bought stocks worth approximately Rs 1,506.75 crore The Indian currency weakened by 10 paise to close at 85.75 against […]
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On Wednesday, the Cabinet approved the continuation of PMFBY with an outlay of ₹69,516 crore for the five years to 2025-26. For large-scale technology diffusion, it approved a fund with a corpus of ₹825 crore.
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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. The foreign portfolio investors on Thursday snapped the 12-day selling streak and bought stocks worth approximately Rs 1,506.75 crore The Indian currency weakened by 10 paise to close at 85.75 against […]
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They are optimistic that domestic travellers will flock to places such as Gulmarg, Auli and Pahalgam in the first three months of 2025 thanks to improved connectivity, better infrastructure, and more snow than last year.
Read more
Bharti Airtel Ltd. will acquire a 26% stake in AMP Energy Green Three Pvt. for nearly Rs 38 crore, according to an exchange filing. It has entered into an agreement for acquisition of 3,78,90,005 equity shares, or a 26% stake, in the special purpose vehicle. The Bharti group company, while clarifying that the acquisition doesn’t […]
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Zerodha cofounder and CEO Nithin Kamath has predicted a tumultuous year for the Indian brokerage industry in 2025.
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Bernstein says ‘buy selectively’ on Indian equities for 2025
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Zerodha cofounder and CEO Nithin Kamath has predicted a tumultuous year for the Indian brokerage industry in 2025.
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Hero MotoCorp reported a 17% drop in December sales to 3.24 lakh units, with domestic sales down 22%. Exports rose 91%, marking a sharp contrast.
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Bharti Airtel Ltd. will acquire a 26% stake in AMP Energy Green Three Pvt. for nearly Rs 38 crore, according to an exchange filing. It has entered into an agreement for acquisition of 3,78,90,005 equity shares, or a 26% stake, in the special purpose vehicle. The Bharti group company, while clarifying that the acquisition doesn’t […]
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NHPC Ltd. on Thursday said it has received Rs 250 crore from insurance claim against business loss for damages incurred at its Teesta-V Power Station in October last year after flash floods.
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