The Sensex settled at 81,596.63, up 410.19 points or 0.51 per cent, while the Nifty50 closed at 24,813.45, gaining 129.55 points or 0.52 per cent
Belrise Industries IPO subscription status Day 1: The issue was subscribed by 47 per cent as of 2:30 PM
Borana Weaves IPO was subscribed by 2.33 times as of 11:30 AM, led by demand from retail investors
Given the concentrated ownership and control, external investors are willing to invest only when they can trust the company's governance and leadership
Sensex drops 873 points and Nifty falls 261 as selling in HDFC Bank, ICICI Bank and Reliance leads broad-based losses across sectors with weak market breadth
New indices - including momentum, quality and value - will be rebalanced quarterly, marking a key differentiator from existing offerings by NSE Indices
Nifty Auto emerged as top sectoral laggard, down 2.17 per cent, due to heavyweights like Hero MotoCorp, Bajaj Auto, Maruti Suzuki, TVS Motor, Eicher Motor, and Bharat Forge falling over 2 per cent eac
Sri Lotus Developers IPO is an entirely fresh issue of shares worth ₹792 crore, with no offer for sale component
On the Sectoral front, Nifty IT emerged as top loser down by 1.37 per cent after Moody's downgraded the US government's credit rating on Friday
The Mumbai-based IT services provider aims to raise ₹144.47 crore through the public issue of 5.29 million equity shares
Shares of IndusInd Bank ended flat on Friday after dropping nearly 6 per cent earlier in the day as the firm said its Internal Audit Department (IAD) found "unsubstantiated balances" of Rs 595 crore in "other assets" of its balance sheet, and has also examined the roles of key employees in this lapse. The stock tanked 5.68 per cent to Rs 735.95 during the morning trade on the BSE. Later, at the fag-end of the trade, the stock managed to settle in the green, up 0.26 per cent at Rs 782.30. At the NSE, shares of the firm ended at Rs 784.70, up 0.53 per cent after dropping 3.90 per cent to Rs 750 in morning trade. In a regulatory filing on Thursday, IndusInd Bank said this balance was, later in January 2025, set off against corresponding balances appearing in "other liabilities" accounts. It said following receipt of a whistleblower complaint, the IAD was asked by the audit committee of the board to review transactions recorded in "other assets" and "other liabilities". This was in ...
Indian equity benchmarks settled in red on Friday due to selective profit booking in key sectors such as IT, Metal and Banks
In FY25, revenue was down 8 per cent, while EBITDA was down 12 per cent and PAT was down 51 per cent YoY. Volumes were flat YoY
The rally came after comments from President Trump that India had offered a zero-tariff trade deal to the United States
Sebi has debarred Varyaa Creations from markets, citing diversion of 71% of IPO funds; lead manager also barred, promoter group shares frozen pending investigation
Torrent Power on Wednesday posted an over two-fold (141 per cent) surge in its consolidated net profit at Rs 1,077.22 crore in March quarter compared to a year ago, mainly due to reversal of deferred tax liabilities of Rs 637.09 crore. The company had a consolidated net profit of Rs 447.04 crore in the quarter ended on March 31, 2024, a BSE filing showed. Total income slightly dipped to Rs 6,570.69 crore in the reporting quarter from Rs 6,625.45 crore in the same period a year ago. The company explained that the management has carried out detailed assessment of deferred tax on temporary differences that are expected to reverse during the period in which the company would be under the new tax regime. Accordingly, it applied the new income tax rate of 25.168 per cent as compared to the existing income tax rate of 34.944 per cent for measuring the said deferred tax in accordance with the requirements of Ind AS 12 "Income Taxes". This has resulted in reversal of deferred tax liabilitie
BSE, IndiGo, BHEL, Aarti Industries and Jindal Stainless are likely to trade with a favourable bias in the near-term owing to these 3 favourable factors on charts and derivatives market.
To avoid potential cyber attacks, the BSE and NSE also took precautionary measures by blocking their websites for international users, sources told news agency
BSE has asked brokers and traders to assess their systems and implement cybersecurity measures in line with Sebi's CSCRF after a CERT-In warning on BFSI sector
Leading stock exchange BSE has directed market participants to take precautionary measures on potential "high-impact" cyber-attacks by beefing up security monitoring of the systems with appropriate incident response plans. This comes amid India launching missile attacks on Pakistan and Pakistan-occupied Kashmir. In a circular issued on Wednesday, BSE has asked market participants "to take precautionary measures on potential cyber risks, including high-impact cyber-attacks such as ransomware, supply chain intrusions, DDoS attacks, website defacement and malware" It asked trading members to check if necessary security controls are in place, conduct risk assessment and mitigate any findings, beef up security monitoring of the systems with appropriate incident response plans, and increase threat hunting activities. These measures are aimed at ensuring a safe marketplace. This directive comes after an advisory was received from the Indian Computer Emergency Response Team (CERT-In) ...