The benchmark index S&P BSE 500 opened today at 32,214.13 and made its day high at 32,216.53, and it is trading in red today, down by more than 1% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 2% today. Alok Industries Ltd …
JM Financial, a prominent player in the financial sector, recently faced a severe setback when the Reserve Bank of India (RBI) barred its subsidiary, JM Financial Products, from conducting business in shares and bond funding. This drastic action came as a result of regulatory violations and governance lapses, sending shockwaves through the market and causing …
Alok Industries Ltd (AIL) has recently raised a cumulative ₹7,000 crore from parent organisation Reliance Industries Limited (RIL) and two lenders, Axis Bank and State Bank of India (SBI). The textile giant secured ₹3,300 crore from RIL in the form of non-convertible cumulative redeemable preference shares and ₹3,700 crore in term loans and working capital …
The domestic indices experienced fluctuations, hovering between modest gains and losses, finding it challenging to gather momentum amidst notable downturns in sectors such as power, utilities, metals, telecom, and IT. However, the BSE Bankex and BSE Financial Services indices emerged as the sole gainers on the BSE for the day. At 10:45 am, the BSE …
On Wednesday, the benchmark indices were trading in the red with the Sensex down around 163 points or 0.22% at 73,513, while the Nifty-50 was down around 68 points or 0.30% at 22,287. About 695 shares have advanced; 2,870 declined; and 127 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
Zomato, the Indian online food delivery giant, witnessed a nearly 3.5% drop in its shares today, prompted by a block deal that occurred during the morning session. The company’s shares recently reached their previous all-time high levels on the first day of the current month, March, and began trading at these record levels. However, they …
On March 5, 2024, the Nifty 50 decreased by 0.22%, closing at 22,356, and the Sensex fell by 0.26%, closing at 73,677. Foreign Institutional Investors showed buying activity of shares worth ₹574 crores and Domestic Institutional Investors also showed buying activity of shares worth ₹1,834 crores. Top Gainers and Losers Nifty PSU Bank, Nifty Auto, …
Shares of Vodafone Idea Ltd (VIL) have given multi-bagger returns in the past year. On Tuesday, March 5, 2024, Vodafone Idea stock was trading 1.06% higher at ₹14.35. At this price, it has increased 106.47% in a year. In an exchange filing, the telecom operator mentioned that they had received an order under the Central …
On Tuesday, major stock market indexes traded within a narrow range but ended a four-day winning streak. The Sensex closed slightly down by 0.26% at 73,677.14 points, while the Nifty also dropped by 0.22% to 22,356.30 points. Bloomberg included India in its Emerging Markets bond index. Among sectoral indices, Nifty PSU Bank, Nifty Auto, and …
Shares of gold mortgage lenders Manappuram Finance Ltd and Muthoot Finance Ltd saw significant gains on March 5 following the RBI’s imposition of restrictions on IIFL Finance over concerns about its gold loan portfolio. Manappuram Finance’s stock recorded its biggest single-day gain since September 2020, while Muthoot Finance surged the most since June 2020. Gold’s …
