On Tuesday, the benchmark indices were trading flattish with the Sensex down around 277 points or 0.23% at 72,466, while the Nifty-50 was down around 96 points or 0.43% at 21,960. About 1,696 shares have advanced; 1,231 declined; and 122 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index: The …
On March 18, 2024, the Nifty 50 slightly increased by 0.15% to 22,055, and the Sensex by 0.14% to 72,748. Initially, the market fell but later recovered. Foreign investors sold shares worth ₹2,051 crores, while domestic investors bought shares worth ₹2,260 crores. Top Gainers and Losers On the sectoral front, Nifty Metal, Auto, Media, and …
Tata Sons, the promoter of India’s largest software services exporter company Tata Consultancy Services (TCS), has proposed to sell 2.34 crore shares of TCS in block deals valued at approximately Rs 9,300 crore, at a rate of Rs 4,001 per share. The reported price represents a 3.6% discount to today’s closing price of Rs 4144.75 …
On Monday, the market had a mixed performance with trading mostly within a narrow range. The main stock index, Sensex, ended slightly higher, up by 0.14% at 72,748.42, while the Nifty50 index also saw a slight increase, up by 0.15% to close at 22,055.70. Among individual stocks, Tata Steel, M&M, and JSW Steel saw gains, …
On March 18, 2024, Godawari Power and Ispat Ltd informed that the company’s board approved the merger of its wholly-owned subsidiary, Godawari Energy Ltd (GEL), with the parent entity. Details of the Amalgamation On Monday, Godawari Power and Ispat Ltd announced the amalgamation in the stock exchange filing. The company held a board meeting, and …
The Indian automobile industry is shifting into high gear, with carmakers expressing optimism about domestic sales reaching a staggering 4.2 million units in the ongoing financial year (FY24). This projected figure signifies a significant jump from the previous year and paints a rosy picture for the sector. Experts predict that car sales in India will …
These three equities’ volume gained significantly during Monday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Sakuma Exports Ltd The stock of Sakuma Exports saw a significant increase in price and volume, indicating heightened investor interest. This surge has pushed the stock towards its recent levels after overall market drawdown bouncing from a …
On Monday, Manoj Vaibhav Gems N Jewellers Ltd informed the exchanges in a filing that the company is opening a new showroom in Vizianagaram, Andhra Pradesh, in March. On March 18, 2024, Manoj Vaibhav Gems N Jewellers Ltd stated in the exchange filing that they are opening a new showroom in Andhra Pradesh on March …
India has the fourth-largest railway network in the world as of December 2023, with around 22,593 trains in operation (9,141 freight and 13,452 passengers), 24 million passengers each day, and 203.88 million tonnes of freight. The Indian railway sector has been chugging along steadily, and recent developments suggest it might be picking up steam. Two …
On March 15, 2024, a Memorandum of Understanding (MoU) was signed between REC Ltd wholly-owned subsidiary, REC Power Development and Consultancy Limited (RECPDCL), and Bharat Heavy Electrical Limited (BHEL), to build utility-scale renewable energy projects around the nation jointly. The purpose of the Memorandum of Understanding is to use a specific Special Purpose Vehicle (SPV) …
