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Telecom operators Bharti Airtel and Vodafone Idea have sold their entire stake in Wi-Fi infrastructure company Firefly Networks to iBus Network and Infrastructure for Rs 9 crore, the telcos said in separate regulatory filings on Monday.
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ITC Ltd shares priced at ₹455 after demerger, with ITC Hotels listing expected in early 2025.
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India’s benchmark indices fell sharply, with Sensex down 1.59% and Nifty 1.62%, driven by broad-based selling and cautious investor sentiment over Human Metapneumovirus (HMPV) cases and global economic uncertainties, including the Fed’s hawkish stance and strong dollar.
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January 2nd week Start of 2025 Two mainboard IPO launched with attractive premium, both IPO GMP running on more than 65% of premium in market on different news sources, expected listing gain is very good to apply on both IPO Standard Glass Lining IPO is open on 6th of Jan and fully subscribed in first […]
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Infrastructure spending, restructuring GST rates, direct tax reforms, more free trade agreements, and focus on energy transition are other areas that will contribute to Indias macro stability, said Morgan Stanley in its note.
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The top 10 most-valued firms lost a cumulative Rs 1.19 Lakh crore in market valuation on Monday, with Reliance Industries Ltd. and HDFC Bank Ltd. emerging as the biggest losers. RIL lost Rs 44,859.8 crore, taking its market capitalisation to approximately Rs 16.5 lakh crore, while HDFC Bank lost Rs 29,596.7 crore, with its market […]
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Economists project FY25 GDP growth at 6.4%, according to advance estimates ahead of the union budget. Reserve Bank of India estimates growth at 6.6%.
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The NSE Nifty index closed 388.71 points down at 23616.05
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The top 10 most-valued firms lost a cumulative Rs 1.19 Lakh crore in market valuation on Monday, with Reliance Industries Ltd. and HDFC Bank Ltd. emerging as the biggest losers. RIL lost Rs 44,859.8 crore, taking its market capitalisation to approximately Rs 16.5 lakh crore, while HDFC Bank lost Rs 29,596.7 crore, with its market […]
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Economists project FY25 GDP growth at 6.4%, according to advance estimates ahead of the union budget. Reserve Bank of India estimates growth at 6.6%.
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United Spirits shares are close to an all-time high of Rs 1,682.45 due to consistent uptrend since November. Analysts recommend careful trading, suggesting profit booking and avoiding new long positions due to high Relative Strength Index. Traders are advised to buy on dips if the stock holds above Rs 1,450, focusing on support areas around […]
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Some of the changes applicable from 1st Jan include no per statement cycle limit on reward points on UPI transactions, no reward points on wallet loading, a 1% processing fee on specified category transactions above a specified limit, and spend-based domestic airport lounge access.
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Hotel and airline stocks plunged up to 6.4% as India confirmed three Human Metapneumovirus (HMPV) cases. The news revived COVID-era fears, triggering sharp declines in hospitality and aviation shares, with notable drops in The Indian Hotels Company and Interglobe Aviation.
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A total of 178,387 shares changed hands on the counter till 11:36AM (IST).
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Shakti Pumps invests ₹3.8 crore in subsidiary SESPL for solar energy solutions expansion, boosting business operations.
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ITI stock price soars 15.33% to ₹527.35 on BSE, reaching 52-week high amidst market weakness and impressive growth.
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A total of 178,387 shares changed hands on the counter till 11:36AM (IST).
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Shakti Pumps invests ₹3.8 crore in subsidiary SESPL for solar energy solutions expansion, boosting business operations.
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ITI stock price soars 15.33% to ₹527.35 on BSE, reaching 52-week high amidst market weakness and impressive growth.
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ITC shares will be in focus as BSE and NSE hold a special pre-open trading session today for ITC Hotels shares, which are being demerged from ITC Ltd. Shareholders will receive 1 ITC Hotels share for every 10 ITC shares. Brokerages anticipate ITC Hotels shares to be worth Rs 150-200 each.
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Bajaj Finance stock gained 0.32 per cent to Rs 7411.50 on Friday against the previous close of Rs 7387.80 on BSE.
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HDFC Bank’s deposit growth surpassed loan growth in the December 2024 quarter, with deposits increasing by 15.8% year-on-year and loans by 3%. Total gross advances stood at Rs 25.42 lakh crore, while deposits reached Rs 25.63 lakh crore. Retail loans grew by 10%, and corporate loans fell by 10.3%.
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Standard Glass Lining IPO coming with issue of ₹410.05 crore, With the price band of 140.00, Standard Glass Lining IPO’s estimated listing price is ₹228 (cap price + today’s GMP).The expected percentage gain/loss per share is 62.86% as on 4th of Jan 2025. The IPO opens for subscription on January 6, 2025, and closes on January 8, 2025. The allotment […]
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Stocks including HDFC Bank, ICICI Bank, ITC, Bajaj Finance, Vedanta, NTPC Green, Nykaa, Tata Elxsi, JSW Infra and more will be in the spotlight on Monday, January 07.
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B&K Securities said the downside is limited for ITC Ltd, considering the enhanced prospects from cigarette business, value unlocking from demerger of hotels business and likelihood of paper business returning to normal growth from next quarter.
Read moreUnion Steel Minister H D Kumaraswamy has stated that
A personal loan of ₹1 lakh offers immediate access to
Union Ministers HD Kumaraswamy and Arjun Ram Meghwal
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