Markets

Shares of various Tata Group companies experienced significant gains in Thursday’s trading session. Notably, Tata Chemicals, Rallis India, Tata Power Company, Nelco, Tata Teleservices (Maharashtra), and Tata Investment Corporation witnessed rallies ranging from 5% to 13% on the BSE, accompanied by heavy trading volumes. Additionally, Tata Elxsi, Tata Steel, Trent, Voltas, Tata Motors, and Tata … Read more

GR Infraprojects’ promoters have announced plans to divest up to 5 percent of the company’s equity in order to comply with minimum public shareholding norms. As of December 31, 2023, the promoters held a 79.74 percent stake in the company, exceeding the SEBI regulation limit of a maximum 75 percent stake. On March 7, shares … Read more

On March 7, Singapore’s telecommunications giant Singtel announced the sale of a 0.8 percent equity stake in Bharti Airtel to GQG Partners, an investment firm led by Rajiv Jain, for a staggering Rs 5,849 crore. Following this block deal, Bharti Airtel’s shares initially dipped at the start of trading but quickly regained lost ground, trading … Read more

Tata Chemicals Shares Surge 14% to Reach 52-Week High of Rs 1,349 on NSE in Morning Trading on March 7, Extending Gains for Sixth Consecutive Session. Tata Chemicals Stock Rally Continues Following Fitch Ratings Affirmation of Long Term Foreign Currency Issuer Default Rating (IDR) at BB+. Outlook Revised to ‘Stable’ from ‘Positive’. As of 9:49 … Read more

At Midday on March 7, Sensex and Nifty 50 Hold Steady After Reaching New All-Time Highs; Nifty 50 Crosses 22,500 Milestone for the First Time. Early Market Optimism Attributed to Global Rally Following Powell’s Rate Cut Remarks; Sensex and Nifty Maintain Gains by Noon. Sensex Registers 69.21 Points (0.09%) Increase to 74,155.20, While Nifty Climbs … Read more

Mukka Proteins’ stock started strong on the markets today, with its NSE debut opening at ₹40 per share, marking a significant 42.86% increase from its issue price of ₹28. Meanwhile, on the BSE, Mukka Proteins began trading at ₹44 per share, reflecting an impressive 57.14% surge from its issue price. Experts’ Predictions Fall Short as … Read more

Nifty 50 experienced a drop of 116.85 points or 0.52%, settling at 22,239.45 as of 12.17 pm on Wednesday. Meanwhile, the BSE Sensex witnessed a decline of 289.53 points or 0.39%, trading at 73,387.60. In the stock market, sectoral indices such as financial services, banks, and private banks showed slight gains, while all other indices … Read more

The shares of JM Financial took a nosedive of 19 percent on March 6, reacting to the Reserve Bank of India’s (RBI) imposition of restrictions on the company’s loan disbursements. The regulatory intervention on March 5 led to the immediate cessation of JM Financial Products Ltd (JMFPL) from providing loans against shares and debentures, including … Read more

In the second consecutive trading session, shares of IIFL Finance experienced a drastic 20 percent decline after the Reserve Bank of India (RBI) imposed a ban on the company from issuing gold loans. By 9:41 am, the stock was locked in the lower circuit at Rs 382.20 on the National Stock Exchange (NSE), marking its … Read more

JSW Energy

On March 6, Mahanagar Gas Ltd witnessed a sharp decline of over 13% in its share price. This downturn followed a decision by brokerage firm Citi to downgrade the stock from ‘Buy’ to ‘Sell’ and reduce its target price. By 10 am, Mahanagar Gas Ltd’s stock was trading at Rs 1,363 on the BSE, marking … Read more

Torrent Pharma’s Share Price Peaks at 52-Week High of Rs 2,745.55 on March 6 Following Successful US FDA Inspection. At 09:38 am, Torrent Pharmaceuticals’ stock was trading at Rs 2,700.00 on the BSE, marking an increase of Rs 37.80 or 1.42 percent. The US Food and Drug Administration (USFDA) has issued an establishment inspection report … Read more

In early trading on March 6, Zomato shares experienced a 4 percent decline following a substantial block deal worth Rs 3,112 crore, involving approximately 19 crore shares, representing a 2.1 percent stake in the food aggregator. The transaction occurred at an average price of Rs 160 per share, reflecting a 3.5 percent discount compared to … Read more

IREDA, a non-banking financial company specializing in power financing, saw its shares continue their downward trend, dropping by 4.15% to reach ₹146.55 per share during today’s intraday trading session. This decline follows a 5% decrease in the previous session. After hitting a record peak, the stock has entered a consistent downward trajectory, continually establishing new … Read more

On March 5, the benchmark Sensex and Nifty 50 indices opened trading on a downward trend, influenced by subdued global cues. Nonetheless, analysts maintain their confidence in the market’s direction, stating that the trend remains unaffected as long as the Nifty sustains the 22,000-mark. In early trade, both the Sensex and Nifty shed 0.2 percent … Read more

Platinum Industries’ stock debuted on March 5 at a 35 percent premium over its IPO price, opening at Rs 225 on the NSE compared to the issue price of Rs 171. This initial listing fell short of the earlier estimated grey market premium of 50 percent. Before the listing, the shares were trading in the … Read more

According to sources cited by Zee Business, Larsen and Toubro and Dynamatic Tech are in line to secure significant contracts from HAL. The reported deals involve the supply of aviation parts by L&T and Dynamatic Technologies to HAL, as per the Zee Business report. On Tuesday (March 5, 2024), Hindustan Aeronautics Limited reached a record … Read more

Shares of Aavas Financiers nosedived by approximately 8 percent during early trade on March 5, reaching a 52-week low of Rs 1,321, following a substantial block deal valued at Rs 1,419.30 crore on the exchanges. Around 1.03 crore shares, equivalent to 13.1 percent of the equity, were traded in a significant deal on the exchanges. … Read more

During midday trading on March 5, both the Sensex and the Nifty registered losses, breaking a streak of four consecutive days of gains. This downturn was attributed to subdued global cues influencing market sentiment. During midday trading, the Sensex declined by 365.97 points or 0.50 percent to 73,506.32, while the Nifty dropped 102.90 points or … Read more

On March 5, shares of gold mortgage lenders Manappuram Finance Ltd and Muthoot Finance Ltd experienced significant surges, climbing by up to 14%. This surge came in response to the Reserve Bank of India (RBI) imposing restrictions on competitor IIFL Finance due to material supervisory concerns related to its gold loan portfolio. Following the central … Read more