Panel chaired by former RBI deputy governor to suggest alternatives to ensure capital needs of clearing corporations
The S&P BSE Sensex index plunged over 6,200 points intraday, before settling 4,390 points, or 5.74 per cent, lower at 72,079 levels, on Tuesday
Other major holdings in his portfolio encompass ITC (down 3%), VIP Industries (down 7%), Infosys (down 1.5%), Grindwell Norton (down 3.5%), Cummins India (down 13%)
The sharp drop was primarily driven by uncertainty surrounding the outcome of the Lok Sabha 2024 election results
At 10:16 AM, all constituents of the BSE Power Index were trading in negative territory
Stock Market Live on June 03: In the broader markets, Nifty SmallCap rose 2 per cent while MidCap jumped 3 per cent
The benchmark Sensex hit a new all-time high of 76,738.89, while the Nifty50 surpassed the 23,300-mark to reach 23,338.70
Surpassing the 50,000-mark for the very first time, the index's ascent can also be attributed to robust Q4 GDP figures, and S&P recent upgradation of India's rating to positive
After peaking near the Rs 153 mark on May 22, 2024, SJVN experienced a significant downturn, with a decline of approximately 22 points, equating to roughly 14-15 per cent
Stock Market Highlights on May 31: Sensex, and Nifty indices closed up to 0.19 per cent higher ahead of exit polls, Q4FY24 GDP data
At the operating front, earnings before interest taxes, depreciation and amortisation (Ebitda), zoomed 79.2 per cent on a Y-o-Y basis to Rs 75.6 crore in Q4FY24, from Rs 42.2 crore in Q4FY23
Praj Industries profit rose 4.3 per cent year-on-year (Y-o-Y) to Rs 91.9 crore in Q4FY24, from Rs 88 crore in the same quarter last year (Q4FY23)
The company's revenue (topline) grew 9.6 per cent to Rs 4,461.2 crore in the March quarter of FY24, from Rs 4,070.2 crore in the March quarter of FY23
Stock Market Highlights on May 30: In the broader markets, the BSE MidCap, and SmallCap indices fell over 1 per cent each
Markets regulator Sebi on Thursday significantly reduced the time taken by stock exchanges for granting approval to stock brokers for internet-based trading to seven days from the current 30 days. The move is aimed at facilitating ease of doing business. Under the rule, the broker is required to apply to the respective stock exchange for a formal permission to provide internet-based trading service. Further, the stock exchange, which was required to communicate its decision to the member within 30 calendar days, will now have to do so within 7 days, the Securities and Exchange Board of India (Sebi) said in its circular. The internet trading can take place through order routing systems, which will route client orders to exchange trading systems for execution. Thus a client sitting in any part of the country can trade using the internet as a medium through brokers' internet trading systems. Additionally, the regulator has abolished the existing requirement of periodic confirmation
MTNL's net loss widened to Rs 783.7 crore on a year-on-year (Y-o-Y) basis, from a net loss of Rs 748.6 crore in the fourth quarter of financial year 2023 (Q4FY23)
Margins, too, analysts at Nomura added, have multiple tailwinds from higher spare/ service revenue, direct-to-consumer sales, and operating leverage, which will drive expansion
Bata stock's ascent followed optimistic remarks from management regarding the potential for demand recovery in the near future
The NSE warned the investors against sharing their login credentials with any person claiming to be a member of any registered entity of the exchange
Since April 2024, Metro Brands has been trading within a consolidation range of approximately Rs 1,020 to Rs 1,120