September 10, 2024, 10:26 AM - 2 min read
The Supreme Court overturned an Rs 80 lakh penalty imposed by the Bombay High Court on SEBI, NSE, and BSE for mistakenly freezing the demat accounts of two Mumbai residents, directing the High Court to reconsider the case with all stakeholders involved.
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July 30, 2024, 02:58 PM - 2 min read
"The aforesaid non-compliance on your part is viewed seriously. You are, hereby, warned and advised to be careful in the future, exercise due caution, and initiate corrective steps to avoid the recurrence of such lapses so as to ensure due compliance with the applicable provisions of SEBI LODR," the NSE stated.
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July 30, 2024, 11:01 AM - 2 min read
PowerGrid Corp, NTPC, Tata Motors, Asian Paints, Titan, Bajaj Finserv, and Hindustan Unilever were the major gainers. On the other hand, UltraTech Cement, Sun Pharmaceuticals, Mahindra and Mahindra, Tata Consultancy Services, Adani Ports and Special Economic Zone, and Nestle India seemed to take a collective sigh, dragging their feet as the day's laggards.
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July 29, 2024, 06:41 PM - 2 min read
Among the Sensex's top performers was Larsen and Toubro, which climbed 2.77% following news of significant new orders valued between Rs 2,500 crore to Rs 5,000 crore. UltraTech Cement also had a noteworthy day, rising 1.42% after announcing its acquisition of a 32.72% stake in India Cements for Rs 3,954 crore. Conversely, India Cements saw a decline of 0.65%.
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May 30, 2024, 04:24 PM - 2 min read
The 30-share BSE Sensex plummeted by 617.30 points or 0.83 percent to settle at 73,885.60, hitting a day's low of 73,668.73 due to substantial selling in blue-chip stocks.
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May 24, 2024, 04:16 PM - 2 min read
Among the Nifty 50, major gainers included HDFC Bank, Bharti Airtel, L&T, BPCL, and UltraTech Cement. The laggards were Adani Ports, Tech Mahindra, Mahindra & Mahindra, JSW Steel, and Titan.
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May 16, 2024, 11:56 AM - 2 min read
Analysts have attributed the pressure on the markets to persistent selling by Foreign Institutional Investors (FIIs) and elevated levels of India VIX, the volatility index. Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial, expressed his anticipation of the market consolidating within a broader range as election polling progresses and the results season approaches its conclusion.
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May 8, 2024, 01:39 PM - 2 min read
The fear looms that a weakened performance by the BJP could disrupt the continuity of economic reforms and policy initiatives, unsettling the markets. Speculation regarding the electoral ramifications of low voter turnout has been a driving force behind market sentiments, as initial reports indicate a decline compared to previous elections.
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May 6, 2024, 10:49 AM - 2 min read
Kotak Mahindra Bank spearheaded the charge, witnessing a remarkable 4 percent surge following the announcement of its March quarter results. The bank reported a significant 25 percent growth in net profit, reaching Rs 5,302 crore.
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April 29, 2024, 04:11 PM - 2 min read
Market participants are strategically focusing on quality mid and smallcap stocks, particularly those associated with government-backed sectors such as railways, defense, construction, rural development, and solar panels.
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April 26, 2024, 05:21 PM - 2 min read
Several heavyweight stocks contributed to the downward trajectory of Sensex, with Bajaj twins, IndusInd Bank, Nestle, Kotak Bank, M&M, and JSW Steel emerging as the top losers. Among the 30 Sensex stocks, 22 ended the day in the red. Conversely, Tech Mahindra, Wipro, ITC, Ultratech Cement, Titan, and Axis Bank managed to buck the trend, recording gains of up to 7.34 percent.
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April 23, 2024, 10:57 AM - 2 min read
Several key stocks contributed to the rally, with Bharti Airtel, Titan Company, HCL Technologies, Mahindra & Mahindra, Bajaj Finserv, and Tata Motors emerging as major gainers. However, Power Grid, Larsen & Toubro, JSW Steel, and Axis Bank experienced some downward pressure.
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