Nifty 50 today: The 50-stock benchmark index has formed a small candle within the previous day's move, which indicates probable change in the short-term trend, says Rajani
Nifty FMCG: The range-bound movement of Nifty FMCG, within a defined range of 58,025 to 55,625, reflects a lack of clear directional bias for the index
Sebi's proposal on dilution of stake in clearing corporations to hit financials, says report
The initial public offer of Laxmi Dental Ltd received 16.02 times subscription on the second day of bidding on Tuesday. The initial share sale got bids for 14,36,79,096 shares against 89,70,371 shares on offer, as per NSE data. The non-institutional investors part fetched 37.41 times subscription while the category for Retail Individual Investors (RIIs) got subscribed 29.47 times. The quota for Qualified Institutional Buyers (QIBs) garnered 84 per cent subscription. The initial public offer of Laxmi Dental Ltd got fully subscribed within minutes of opening for bidding on Monday and finally ended the day with 5.28 times subscription. OrbiMed-backed Laxmi Dental has collected a little over Rs 314 crore from anchor investors. The issue with a price band of Rs 407-428 per scrip will conclude on Wednesday. The IPO is a combination of a fresh issue of equity shares for up to Rs 138 crore and an OFS of up to 1.31 crore equity shares worth Rs 560 crore by promoters -- Rajesh Vrajlal Khak
Markets Today Highlights: The NSE Nifty50 settled in the green at 23,176.05, with gains of 90.10 points, or 0.39 per cent
The company's stock locked in lower circuit for the third straight day, down 5% at Rs 414.25 on the BSE and has corrected 44% from its 52-wk high level of Rs 744.37 hit on August 12, 2024
Siemens stock outlook: This stock from the engineering and capital goods industry could slide by another 18% if the key supports at Rs 5,600 and Rs 5,400 are violated shows technical chart.
Bajel Projects shares were in high demand on Tuesday, after the company received a contract from Adani Energy Solutions
The rise in the BEL share price came on the back of an additional order win worth Rs 561 crore
Shares of Adani Power, Adani Green Energy, Adani Energy Solutions, Adani Total Gas and Adani Enterprises have rallied between 5 per cent and 12 per cent, so far today
The overall market trend has been negative with over 60% of the Nifty Mid- and Small-Cap stocks now trading below the long-term moving averages; however, these 5 stocks continue to buck the trend.
Investors dumped the shares of United Spirits on Tuesday, after the company announced a leadership transition, with CEO Hina Nagarajan set to step down on March 31, 2025
Notably, Biocon share price has surged about 6 per cent in the last two sessions
Investors dumped the shares of Delta Corp on Tuesday, after the company delivered subdued quarterly earnings for the third quarter of financial year 2024-25 (Q3FY25)
Foreign portfolio investors reduced their stake in IndusInd Bank to 46.63 per cent in December 2024, from 55.53 per cent in the September 2024 quarter, enhancing foreign headroom at 25 per cent
Quadrant Future Tek shares listed at Rs 374 on the BSE, a premium of Rs 84 or 28.9 per cent over the issue price of Rs 290
Stocks to watch January 14, 2025: HCL Tech Q3's consolidated net profit stood at Rs 4,590 crore, compared to Rs 4,235 crore QoQ. Revenue increased to Rs 29,890 crore from Rs 28,860 crore
Standard Glass Lining shares listed at Rs 176 apiece on the BSE, reflecting a premium of Rs 36 or 25.7 per cent against the issue price of Rs 140
Markets Today LIVE: Benchmark Indian equities were trading significantly lower on Monday amid muted global cues
The key benchmark indices - Sensex, Nifty were under a bear attack on Monday, with the BSE Sensex falling 843 points or 1.08 per cent to its intraday low of 76,535