The uptick in RIL's share price followed an upgrade from domestic brokerage firm Kotak Institutional Equities, which raised its rating to 'Buy' from 'Add'
The Nifty PSU Bank index rose 1.46%, or 86.3 points to hit an intraday high of 5,976.75, while the Nifty Bank index increased 0.72%, adding 349.15 points to hit an intraday high of 48,839.10
The rise in the BEL share price came after the company announced that its Board of Directors has declared an interim dividend of Rs 1.50 per equity share for the financial year 2024-25
The uptick in Welspun Specialty share price came after the company was notified as L1 bidder by Bharat Heavy Electricals Limited (BHEL, Trichy) for a project worth about Rs 231.77 crore, excluding GST
The run-up in Hariom Pipe shares came after it bagged a deal to set up solar power generating stations under the PM Kusum scheme
Market outlook for the week March 03 - 07, 2025: Here are the key weekly support and resistance levels on the BSE Sensex and the NSE Nifty 50 index.
As of 6:40 AM, GIFT Nifty Futures were up 79 points at 22,359, hinting at a higher start
Excelsoft Technologies Ltd, a vertical SaaS (software-as-a-service) company focused on the learning and assessment market, has filed draft papers with capital markets regulator Sebi to raise Rs 700 crore through an initial public offering (IPO). The proposed IPO of the Karnataka-based company is a combination of a fresh issue of shares valued Rs 210 crore and an offer for sale (OFS) of shares worth Rs 490 crore by the promoters -- Pedanta Technologies and Dhananjaya Sudhanva, according to the draft red herring prospectus (DRHP). The company may consider mobilising up to Rs 270 crore in pre-IPO round. "If the pre-IPO placement is undertaken, then the amount raised from the pre-IPO placement will be reduced from the fresh offer size and/or the Offer for Sale portion," the company said in the draft papers filed on Friday. The company has proposed to utilise the proceeds of the fresh issue towards purchase of land and construction of a new building and for upgradation and external ...
Notably, stocks like Infosys, M&M, Bharti Airtel, TCS, and HCLTech were the top contributors to the downward pressure on the indices
Despite the optimism surrounding growth, many brokerages are concerned about Jubilant FoodWorks' margin outlook
The downfall in the LIC share price came after the company announced that it has received a communication/demand order for GST, interest and penalty for Maharashtra state worth about Rs 480 crore
Share market today: Indian stock markets are likely to be influenced by the persistent selling of Indian equities by FIIs, Trump tariffs, and the country's Q3 GDP data set for release later today
Stock Market Today: At 6:50 AM, GIFT Nifty Futures were down 148 points at 22,536, hinting at a gap-down start
Speaking at BS Manthan, Wood said he remains structurally bullish on Indian equities from a long-term perspective; but cautious in the short-term given the quantum of FII outflows and valuation woes.
Economic growth in Asia's third-largest economy slowed sharply this fiscal year as high inflation and stagnant incomes squeezed household spending
Stock Market News: Indian equity indices, on February 25, 2025, closed on a mixed note. The Sensex broke its five-day losing streak, rising by 147.71 points, or 0.20 per cent, to settle at 74,602.12
Sharda Motor share rose after it entered into an agreement with Avadh Rail Infra Limited, to transfer the leasehold rights of "land and building" in Haridwar for Rs 23.05 crore
At 10:55 AM, Mahindra & Mahindra share price was 2.86 per cent higher, at Rs 2,792, on the BSE. In comparison, the 30-stock BSE Sensex index was trading 175 points, or 0.24 per cent higher, at 74,620
Biocon share rose after Biocon Biologics, a subsidiary of Biocon, announced that Yesintek (ustekinumab-kfce) is now available to patients in US
Stock Market Holiday: Maha Shivratri is an annual Hindu festival dedicated to the deity Shiva, celebrated between February and March.