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The NSE Nifty 50 closed 100.05 points or 0.4% lower at 24,668.25 and the BSE Sensex ended 384.55 points or 0.47% down at 81,748.57. Infosys Ltd., HDFC Bank Ltd., Tata Consultancy Services Ltd., Bharti Airtel Ltd. and Titan Co. dragged the Nifty the most. Dr. Reddy’s Laboratories Ltd., Axis Bank Ltd., IndusInd Bank Ltd., Bajaj […]
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The NSE Nifty 50 closed 100.05 points or 0.4% lower at 24,668.25 and the BSE Sensex ended 384.55 points or 0.47% down at 81,748.57.
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Titan Company, Adani Ports SEZ, TCS, Hindalco and BPCL were among the top losers on NSE in today’s trade.
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The Nifty Pharma index was trading 0.2 per cent at 22112.70.
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The IPO of Transrail Lighting includes a fresh share sale of Rs 400 crore and an offer-for-sale of up to 1,01,60,000 equity shares by its promoter Ajanma Holdings.
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Max Financial Services Ltd. has emerged as Jefferies’ top pick in the financial services sector after its insurance unit Max Life Insurance’s rebranding to Axis Max Life Insurance, following a partnership with Axis Bank Ltd. The brokerage has maintained a ‘buy’ rating on the stock, with a target price of Rs 1,660 per share, implying […]
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The Nifty Pharma index was trading 0.2 per cent at 22112.70.
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Max Financial Services Ltd. has emerged as Jefferies’ top pick in the financial services sector after its insurance unit Max Life Insurance’s rebranding to Axis Max Life Insurance, following a partnership with Axis Bank Ltd. The brokerage has maintained a ‘buy’ rating on the stock, with a target price of Rs 1,660 per share, implying […]
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The IPO of Transrail Lighting includes a fresh share sale of Rs 400 crore and an offer-for-sale of up to 1,01,60,000 equity shares by its promoter Ajanma Holdings.
Read more
The Nifty Pharma index was trading 0.2 per cent at 22112.70.
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The IPO of Transrail Lighting includes a fresh share sale of Rs 400 crore and an offer-for-sale of up to 1,01,60,000 equity shares by its promoter Ajanma Holdings.
Read more
Max Financial Services Ltd. has emerged as Jefferies’ top pick in the financial services sector after its insurance unit Max Life Insurance’s rebranding to Axis Max Life Insurance, following a partnership with Axis Bank Ltd. The brokerage has maintained a ‘buy’ rating on the stock, with a target price of Rs 1,660 per share, implying […]
Read more
The long term range of return for the market is generally closer to the return on equity or the profit growth rate of that market. Someone who is only extrapolating the past 3-5 year returns will probably be disappointed, Kalpen Parekh of DSP Mutual Fund tells Sanket Dhanorkar.
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Going forward, the trend is likely to remain strong, with the potential to reach 25,000 and higher in the short term. On the lower end, support is placed at 24,550.
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The NSE Nifty 50 ended 219.60 points or 0.89% higher at 24,768.30, and the BSE Sensex closed 843.16 points or 1.04% up at 82,133.12. Foreign portfolio investors bought stocks worth Rs 2,335.3 crore, whereas the DIIs offloaded stocks worth Rs 732.2 crore. The Indian currency strengthened 8 paise to close at 84.79 against the dollar. […]
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The long term range of return for the market is generally closer to the return on equity or the profit growth rate of that market. Someone who is only extrapolating the past 3-5 year returns will probably be disappointed, Kalpen Parekh of DSP Mutual Fund tells Sanket Dhanorkar.
Read more
The NSE Nifty 50 ended 219.60 points or 0.89% higher at 24,768.30, and the BSE Sensex closed 843.16 points or 1.04% up at 82,133.12. Foreign portfolio investors bought stocks worth Rs 2,335.3 crore, whereas the DIIs offloaded stocks worth Rs 732.2 crore. The Indian currency strengthened 8 paise to close at 84.79 against the dollar. […]
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Going forward, the trend is likely to remain strong, with the potential to reach 25,000 and higher in the short term. On the lower end, support is placed at 24,550.
Read more
Public sector banks (PSBs), led by SBI, set for another stellar year in 2024-25 with record profits and transformative reforms.
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Vedanta Ltd’s board of directors are scheduled to meet tomorrow Monday, December 16 to consider approval of a fourth interim dividend issue, as per the BSE filing.
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Dixon Technologies (India) Limited and Vivo Mobile India Private Limited have entered into a binding term sheet for a proposed joint venture where Dixon will take 51% share and the rest will be with Vivo.
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Public sector banks (PSBs), led by SBI, set for another stellar year in 2024-25 with record profits and transformative reforms.
Read more
Vedanta Ltd’s board of directors are scheduled to meet tomorrow Monday, December 16 to consider approval of a fourth interim dividend issue, as per the BSE filing.
Read more
Dixon Technologies (India) Limited and Vivo Mobile India Private Limited have entered into a binding term sheet for a proposed joint venture where Dixon will take 51% share and the rest will be with Vivo.
Read more
Indian companies raised a record-breaking Rs 1.21 lakh crore through Qualified Institutional Placements (QIPs) in 2024, a two-fold increase from the previous year. Strong market conditions and high valuations fueled this surge, with 82 companies utilizing QIPs until November. Major players like Vedanta and Zomato led the fundraising, bolstering financial reserves and capitalizing on positive […]
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