Stock Market today: The benchmark Nifty-50 index rebounded 0.45% on Thursday to end at 23,591.95. Bank Nifty gained 0.72% to 51,575.85 while most other sectors led by Realty and Oil & Gas stood among gainers. Auto and Pharma, nevertheless were some of the losers Trade Setup for Friday Having bounced from the lows, Nifty 50…
Blue-chip auto company Tata Motors informed exchanges on Thursday, March 27, that its board approved the allotment of 2,00,000 NCDs amounting to â‚ą2,000 crore on a private placement basis. “We wish to inform you that the Board constituted Committee has today approved allotment of 2,00,000 Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures in multiple series/tranches of…
The Indian IPO market, which has witnessed unprecedented demand from retail investors in recent years, has slowed down in the current calendar year as weak sentiment toward risky assets, driven by a prolonged downturn in the secondary market, has forced companies to delay their listing plans. Adding to the market jitters, stricter SEBI regulations on…
The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Thursday, tracking weak global market cues after US President Donald Trump imposed 25% tariffs on automotive imports. The trends on Gift Nifty also indicate a weak start for the Indian benchmark index. The Gift Nifty was trading around 23,500…
Stock Market Today: The benchmark Nifty-50 index corrected 0.77% on Wednesday to close at 23,486.85, wiping out part of gains seen during last few trading sessions. Bank Nifty saw a similar decline ending at 51,209.00, while most other sectors led by Realty, IT, and pharma stood among losers. The broader indices also corrected 0.7%-1.2%. Trade…
Buy or sell stocks: Despite positive global cues, the Indian stock market witnessed a tumultuous session on Tuesday due to sharp selling in banking, metal, and pharmaceutical stocks. However, the Indian stock market managed to end higher for the seventh straight session. Among frontline indices, Nifty 50 and the BSE Sensex ended marginally higher, whereas…
The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open higher on Tuesday, tracking positive global market cues. The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 23,760 level, a premium of nearly 61 points from the Nifty futures’…
Stock Market Today: Markets started the week on a winning note, with the benchmark Nifty-50 index gaining 1.32% and ending at 23,658.35 on Monday. The Bank Nifty ended 2.2% higher at 51,704.95, while Realty, Oil & Gas were among other key gainers. The mid and small caps also gained around 1%. Trade Setup for Tuesday…
Multibagger stock: Rathi Steel & Power Limited shares jumped on Monday, March 24, as the company announced the allotment of equity shares by converting preferential shares, according to an exchange filing. As per the data, the board of directors approved the allotment of 13,00,001 or 13 lakh equity shares with a face value of â‚ą10…
Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open higher on Monday, extending the rally from last week, amid mixed global market cues. Asian markets traded lower, while the US stock market ended higher on Friday, with the Dow Jones posting the largest weekly gain in two months….
