Stock Market

Benchmark equity indices Sensex and Nifty pared early sharp gains to close marginally higher in a volatile session on Wednesday as the US imposing 126 per cent import duties on Indian solar goods dampened investor sentiment and triggered profit-taking. Retreating around 674 points from the day's high, the 30-share BSE Sensex finally ended 50.15 points or 0.06 per cent higher at 82,276.07. During the day, it jumped 731.99 points or 0.89 per cent to a high of 82,957.91. The 50-share NSE Nifty went up by 57.85 points or 0.23 per cent to settle at 25,482.50. It hit a high of 25,652.60 during the day, up by around 228 points from the last close. From the Sensex pack, HCL Tech, Tata Steel, Tata Consultancy Services, InterGlobe Aviation, Sun Pharma, Mahindra & Mahindra, Maruti Suzuki and Tech Mahindra were among the biggest gainers. TCS rose by 2.14 per cent after the IT services giant asserted that it was "not afraid" of artificial intelligence and is also fine with revenue ...

The initial public offering of Omnitech Engineering Ltd, a manufacturer of precision-engineered components, was subscribed by 8 per cent on Wednesday, the first day of bidding. The IPO received bids for 15,63,738 shares against 1,89,09,890 shares on offer, as per NSE data. Qualified Institutional Buyers (QIBs) quota received 13 per cent subscription, while the category for non-institutional investors was subscribed by 6 per cent. Retail Individual Investors (RIIs) portion received 6 per cent subscription. Omnitech Engineering on Tuesday raised over Rs 174 crore from anchor investors. The company's Rs 583-crore initial share sale will conclude on February 27. The price band has been fixed at Rs 216-227 per share, valuing the company at over Rs 2,800 crore. The IPO is a combination of fresh issuance of equity shares worth up to Rs 418 crore and an Offer For Sale component of equity shares valued at 165 crore by promoter Udaykumar Arunkumar Parekh. Proceeds from the fresh issue wil

The initial public offering (IPO) of fertility services provider Gaudium IVF and Women Health received 7.27 times subscription on the final day of share sale on Tuesday

Tokyo's Nikkei 225 rose 0.8 per cent and China's CSI 300 gained 1.3 per cent as markets there played catch-up after a holiday

The Dow Jones Industrial Average fell 1.44 per cent , the S&P 500 fell 1 per cent and the Nasdaq Composite fell 1.2 per cent

UPL shares tumble after rejig; brokerages flag holding company discount and limited value unlocking amid persistent debt overhang

Sebi has suspended a general manager over alleged misuse of position, with Chairman Tuhin Kanta Pandey stressing that the regulator will act firmly against any egregious behaviour by its staff

Regulator to revisit 2020 portfolio manager norms, tighten governance, curb mis-selling and explore exchange-based pre-ipo trading mechanism

Early grey market trends indicate cautious investor sentiment toward both Clean Max Enviro Energy and Shree Ram Twistex IPO

NSE IPO rekindles debate over exchange ownership, profit motive and Sebi's deep regulatory control

Trading was ​thinned in Asia with markets in Hong Kong, China and Taiwan closed for the Lunar New Year holiday, but MSCI's broadest ‌index of Asia-Pacific shares outside Japan was up 0.5 per cent

Santam Re has launched its GIFT City branch as an IFSC office, focusing initially on India's reinsurance market before expanding into broader Asian and Middle Eastern regions

A rally in gold and silver pushed MF investor additions to an 18-month high in January, with 1.2 million new investors joining and precious metal ETFs driving most folio growth

Share of IPOs opening above issue price drops to 64.6%, median gains shrink sharply amid market volatility

Sebi has constituted a working group comprising issuers, investors, rating providers and legal experts to review the ESG rating framework and recommend policy measures

Hindalco's Q3 met expectations but analysts flagged risks from rising capex, Novelis disruptions and higher working capital needs, which could pressure leverage over the next four years

Siemens Energy's December-quarter results show strong revenue and profit growth, a rising order book, and major capex plans across transmission and generation as demand momentum builds

Ola Electric's Q3FY26 revenue fell 55% amid a steep drop in scooter volumes, triggering a 7% slide in its stock as brokerages flagged prolonged turnaround risks and ongoing market share erosion

Brokerages are planning to approach the RBI to review revised capital market exposure norms, which they say could hurt proprietary trading, raise MTF funding costs and weigh on market liquidity

Indian markets opened sharply lower as IT stocks led a broad sell-off. But the trigger lies beyond Dalal Street.