The benchmark equity indices ended Tuesday’s trading session in negative territory. The NSE Nifty 50 declined 291.70 points or 1.25% to settle at 23,053.05, while the BSE Sensex plunged 1,071.98 points or 1.39% to end the day at 76,001.46. Following the market breadth, the broader indices closed the counter lower on Tuesday, the Nifty Midcap
Dixon Technologies’ share price slumped 14% to an intra-day low of Rs 15,120. The stock has fallen 26.6% from its recent high of Rs 19,148.90. Here is the reason why the share price of Dixon Technologies is falling today: Dixon Technologies Q3 performance Sequentially, the company’s net profit dropped by 47.5% standing at Rs 216.23
Indian equity indices faced a choppy session on Tuesday. The Nifty 50 and Sensex after opening higher saw a sharp sell-off, but within an hour both the indices rebounded to trade back in the green. The S&P BSE compiled Sensex surged almost 1,200 points from the day’s low. However, it couldn’t sustain the level for
Stallion India Fluorochemicals IPO has officially closed after opening its three-day bidding from January 16 to January 20, with a price band of Rs 85 to Rs 90 per share. Investors who participated in this mainboard issue can now check their allotment status, which is likely to be finalised today, January 21. Here is how
Vodafone Idea share price saw a sharp decline during morning trades on Tuesday, falling by over 5%. This comes after the company issued a clarification on the rumored government waiver of Adjusted Gross Revenue (AGR) dues. Vodafone Idea’s share price today opened at Rs 9.94 apiece and reached a low of Rs 9.42 during the
Zomato’s share price fell as much as 8.7%, to Rs 218.95, intra-day. The fall came after the company’s net profit declined in the third quarter of FY25. On January 20, the food delivery company reported a fall of 57.2% year-over-year drop in its net profit for Q3 FY25 standing at Rs 59 crore. The company
ITC Hotels is set to make its stock market debut as a standalone entry on the NSE and BSE soon. As of the latest development, after the demerger from ITC, ITC Hotels has completed all necessary steps, from share allotment to price discovery, setting the stage for its official listing expected by mid-February 2025. When
As Donald Trump takes swears in, the Indian equity indices opened Tuesday’s trading session gap-up. The NSE Nifty 50 opened 64 points or 0.27% higher at 23,253.15, while the BSE Sensex rose 76.44 points or 0.10% to open at 77,149.88. However, the Nifty and Sensex both slipped to red. The Nifty 50 was down 172 points
Despite Zomato’s shares on Tuesday falling 10.91% to Rs 214.65 on the BSE, brokerages remain optimistic about the company’s long-term prospects. Analysts attribute the stock’s slide to short-term pressures from the company’s aggressive expansion of dark stores for its quick-commerce arm, Blinkit. However, they maintain that this strategy positions Zomato for sustained growth. Also ReadAdani
Rajasthan has emerged as the top state in attracting fresh project investments during Q3FY25, surpassing industrial giants like Maharashtra and Gujarat, according to data sourced from Projects Today, a firm tracking fresh and ongoing project investments in India. Rajasthan secured fresh project investments worth Rs 2,24,979 crore across 363 projects during Q3FY25, accounting for 19%
D2C snack brands like Go Desi, Beyond Snack, and Sweet Karam Koffee, among others, are making significant strides in international markets. Following in the footsteps of legacy giants like Haldiram, Bikanerwala, Balaji Wafers, Prataap Snacks, and Bikaji Foods, these startups are bringing authentic Indian flavours to a global audience. “The search for authenticity is fuelling
Bengaluru-based adtech unicorn InMobi is in advanced discussions to raise $400 million in a Series E funding round at a post-money valuation of $8 billion, according to sources familiar with the matter. The last known valuation of InMobi stood at $1.5 billion, making the projected $8 billion valuation a more than fivefold increase. Both existing
The government has disbursed Rs 1,596 crore under the production-linked incentive (PLI) scheme for six sectors, including electronics and pharmaceutical, in the first half of this financial year, a senior official said on Tuesday. This takes the total disbursement under the scheme to Rs 11,317 crore since its launch. The total outlay under the scheme
