The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
CLOSING BELL: The NSE Nifty shut shop at 18,696, down 117 points. Broader indices - BSE Midcap and Smallcap bucked the trend, and were up 0.8 per cent and 0.7 per cent, respectively, on Friday.
The removal of export duty is a significant relief and a long term positive for the domestic steel sector, according to analyst at ICICI Securities.
The stock now quotes at the highest level since September 2018, and saw trades of around 2 per cent of the equity size on Friday.
The tax on crude oil produced by firms such as state-owned ONGC was reduced to Rs 4,900 per tonne from Rs 10,200 per tonne w.e.f December 02, 2022.
CLOSING BELL: Global cues triggered by Powell's positive remarks boosted sentiment. The Sensex scaled a new high at 63,583, while the Nifty 50 came within striking distance of 18,900 on Thursday.
Shares of Orient Beverages were locked in the 5-per cent upper circuit for a sixth straight trading day, hitting a five-year high of Rs 179.05 on the BSE on Thursday
Camas Investments bought 98 million shares worth Rs 608 crore of Zomato via block deal on the NSE on Wednesday
In the past six months, the stock price of BLS International has more-than-doubled, zooming 110 per cent, as compared to a 14 per cent rise in the S&P BSE Sensex
Analysts expect cement stocks to witness catch up activity after months of underperformance as many negatives seem to be priced-in
The company has fixed Friday, December 02, as the record date for ascertaining the eligibility of shareholders entitled for split/subdivision of shares
The US market ended higher overnight, led by gains in technology stocks, after US Federal Reserve chairman indicated that the central bank may slow pace of rate hikes. Nasdaq Composite jumped 4.4%
CLOSING BELL: The S&P BSE Sensex scaled a new summit at 63,303, and settled above 63,000-mark for the first-time ever. The Nifty 50 hit a new all-time high at 18,816 on Wednesday.
Occupancy rate is expected to improve further from the pre-pandemic levels, on the back of strong demand drivers including resumption in foreign inbound travel, says analyst at Motilal Oswal.
With today's rally, the stock price of Technopack Polymers has more-than-doubled or zoomed 107 per cent against its issue price of Rs 55 per share
The acquisition provides Gland Pharma access to leading know-how and development capabilities in sterile forms including for ophthalmic gel, needleless injectors and hormones, the company said
The stock was trading higher for the third straight day and has gained 6 per cent during this period.
According to media reports, Alibaba Group Holding Ltd plans to sell a stake of about 3 per cent in Indian food delivery firm Zomato worth $200 million through a block deal
Till 02:35 pm, a combined 14.7 million equity shares representing 6 per cent of total equity of the company had changed hands on the NSE and BSE.
Despite the past two days' rally, the stock of Cosmo First has underperformed the market in the past six months by falling nearly 30 per cent
Finance ministry on Sunday has clarified that IDBI Bank will continue to operate as an 'Indian private sector bank' after its strategic sale.