The markets closed Thursday’s session on a lower note, snapping the winning streak of six consecutive sessions. The markets started the session on a flat note with a negative bias and extended the sell-off in the later hours. The Nifty 50 closed the session 253 points or 1.01% lower at 24,888.20, the Sensex fell 823
Rekha Jhunjhunwala, wife and executor of the Estate of Late Rakesh Jhunjhunwala, has divested almost half of the Estate’s shareholding in Nazara Technologies to 3.6 per cent through open market sales. Jhunjhunwala sold 12,36,500 shares, divesting about 1.4 per cent stake in the gaming and esports firm, on June 9-10, 2025, according to a regulatory
Big week for those looking out for attractive dividend payout. Four Tata Group stocks are set to pay hefty dividends to their investors this week. But it is important to check the record date and the day the stock goes ex-dividend to maximise the outcome. Here is a quick look at the ex-date for Tata
The markets closed Monday’s session on a higher note for the fourth straight session. The Nifty 50 closed the session 100 points or 0.40% higher at 25,103, the Sensex rose 280 points or 0.34% to settle at 82,468. The banking stocks surged higher in line with the overall markets, the Nifty Bank pulled up 270
After investing a staggering amount in May, foreign investors turned net sellers with a withdrawal of Rs 8,749 crore from the Indian equity markets in the first week of this month triggered by renewed US-China trade tensions and rising US bond yields. This momentum follows a net investment of Rs 19,860 crore in May and
America’s gold holdings at Fort Knox are back in the news, as calls for a complete audit gain traction. Members of Congress have introduced a bill to initiate the first comprehensive audit of America’s gold reserves in decades. Representative Thomas Massie introduced the Gold Reserve Transparency Act of 2025, which requires the Comptroller General to
The share price of Bharti Hexacom is down 3% after Motilal Oswal downgraded the stock to Neutral. The target price is set at Rs 1,900 per share. This is around the 52-week high of the share. This, as a result indicates very little downside for the stock in the near-term. According to the brokerage house
The markets have been trending higher for the second consecutive session on Thursday. The food delivery major occupied the top spot for the second straight day with almost a 5% rally in today’s trade. Here’s a list of the top five movers that surged the most on the Nifty 50. Zomato The share price of
The central government is continuously working to simplify and streamline the tax system, aiming to reduce disputes. In this direction, Union Finance Minister Nirmala Sitharaman has reportedly given strict instructions to the Central Board of Direct Taxes (CBDT) to identify all departmental tax appeals involving amounts less than the “revised monetary limit announced by the
An increasingly bitter inheritance dispute at the Rs 30,000 crore-valued Sona Comstar Group has brought late industrialist Sunjay Kapur’s family into the spotlight. Kapur’s mother, Rani Kapur, has accused unnamed individuals of attempting to wrest control of the family-run business. In a letter, Rani alleged that she had been locked in a room and forced
Leading private sector banks like HDFC Bank had earlier reported an improved performance in the June 2025 quarter and investors were keenly awaiting the results of Kotak Mahindra Bank. The Kotak Mahindra Bank stock ended Friday’s trade 0.8 % lower at Rs 2,125 and it is not too far from its 52-week high of Rs
Public sector bank Union Bank of India on Friday announced waiving penalty charges for not maintaining the minimum balance amount in general savings accounts. The direction is effective from the quarter ending September 2025. “In alignment with the spirit of financial inclusion and customer-centric banking, Union Bank of India now waives charges for non-maintenance of
Bajaj Finserv on Thursday reported a 30 per cent year-on-year rise in consolidated net profit at Rs 2,789 crore for the first quarter of FY26, compared to Rs 2,138 crore in the same period last year. However, its lending arm Bajaj Finance has reported a decline in asset quality. Bajaj Finserv: Revenue rises 12.5 per
