An exciting week for markets ahead of Diwali week. Waaree Energies and Deepak Builders & Engineers will be closing their IPOs on October 23. Also, investors will assess the quarterly results from Zomato and Bajaj Finance. Meanwhile, Indian markets ended Tuesday’s trading session on a lower note after rising in the early trading hours. The
The midcap and smallcap stocks came under heavy selling pressure on Tuesday as investors continued to take money out of equities due to concerns over faltering domestic earnings growth, and uncertain global macroeconomic scenario with geopolitical risks and China stimulus measures. Apart from this, concerns that the US Federal Reserve may slow its rate cuts
Nearly two years after issuing a notification, the Securities and Exchange Board of India (SEBI) on Tuesday decided to implement amendments to insider trading norms for asset management companies (AMCs), designated persons, trustees or their immediate relatives from November 1. The regulator has asked AMCs to disclose on a quarterly basis details of the holdings
One97 Communication, the parent firm of Paytm, fell as much as 7.7% to an intra-day low of Rs 669.80. The company reported a net profit of Rs 930 crore in the second quarter of FY25 against a loss of Rs 290 crore posted in the same quarter a year ago. However, the company’s revenue from
Go to Live UpdatesHyundai IPO 2024 Live Updates: India’s largest-ever IPO yet, made its D-Street debut on October 18. The stock was listed at a discount of 1.3% on National Stock Exchange while it debuted on BSE at Rs 1,431, a discount of 1.48% to the issue price. Hyundai Motor India was subscribed to a
Go to Live UpdatesUltraTech Cement Share Price Today Live Updates, 22 Oct, 2024: The UltraTech Cement share is in news and the counter closed trade on 21 Oct, 2024 at Rs 10847.25. The shares touched intraday high of Rs 11158.0 in the last trading session while the intraday low was at Rs 10770.35. The company’s
Mazagon Dock Shipyards fell as much as 6.2% to an intra-day low of Rs 4,375.35 ahead of the board meeting for declaring Q2 results. The stock has fallen 25% from an all-time high of Rs 5,860. Recently, the company announced that its Board of Directors will meet to consider an interim dividend for FY25 and
Ola Electric Mobility’s share price rose over 4% in early trade on Tuesday after the company announced that it had resolved most complaints received from the Central Consumer Protection Authority (CCPA). The stock spiked as much as 4.45%, reaching a high of ₹85.30 on the Bombay Stock Exchange (BSE). Resolution of Complaints The electric two-wheeler
8th Pay Commission News: Ever since the Modi government announced its decision to set up the 8th Pay Commission, there have been all sorts of speculations among central government employees and pensioners about possible salary and pension hikes, the dates when the panel’s recommendations would be implemented, and other measures that the commission might recommend
Hindustan Unilever (HUL) has demerged its ice cream business through a scheme of arrangement approved by the Board on January 22. The FMCG major announced the demerger while reporting its quarterly results for the third quarter of FY25. The company will list Kwality Walls (India) separately, which it incorporated on January 10, 2025. HUL demerger
Polycab India Ltd on Wednesday released its fiscal third quarter earnings with profit at Rs 464.35 crore, recording a growth of 11.49 per cent in comparison to Rs 416.51 crore during the corresponding quarter of FY24, surpassing estimates. It posted revenue from operations at Rs 5226.06 crore, up 20.40 per cent as against Rs 4340.47
Nithin Kamath, the founder and CEO of Zerodha, has raised alarm over India’s growing borrowing habits, particularly in the segment of small-ticket personal loans and credit card borrowings. According to Kamath, aggressive marketing strategies by fintech apps have fueled this trend, with an increasing number of individuals taking loans they cannot afford. Kamath highlighted a
The information technology stocks soared high in Wednesday’s trading session. The Nifty IT, which compiled IT stocks, was quoting at a level of 42,227.60 on the NSE, up 1.27%. Out of the five top gainers on the Nifty 50, the first four were tech stocks. Among the components of the Nifty IT index, Wipro’s share
