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Sensex: 80 trading days from 70,000 to 75,000, third fastest 5K addition

The fastest addition of 5,000 points came from August 13, 2021, to September 24, 2021, when Sensex moved from 55,437 to 60,048 in 28 days

S N Subrahmanyan appointed chairman of LTIMindtree as A M Naik steps down

L&T Infotech and Mindtree officially merged in 2019, with A M Naik serving as its founder chairman.

State Bank of India to raise up to Rs 20,000 cr via long-term bonds in FY25

During the last financial year, SBI raised a total of Rs 20,000 crore through the sale of 15-year infrastructure bonds

Tata Motors to increase price of commercial vehicle by up to 2% from July

This marks the second price hike this year, after the Indian automaker increased prices by up to 2% in March

Eid holiday: Are stock markets NSE & BSE open for trading on June 17?

Trading on the Indian stock market will resume on Tuesday, June 18, according to the BSE and NSE websites

Stock Market Highlights, June 11: Sensex, Nifty end flat on late sell-off; RIL, ITC weigh

Stock Market highlights on Tuesday, June 11, 2024: The BSE Sensex ended 33 points lower at 76,457, while the Nifty was up six points at close; Broader indices, however, settled with decent gains.

BSE denies tech glitch; bank payment lag delayed MF NAV on poll results day

Leading stock exchange BSE on Friday said lag in receiving payments from banks led to delay in assigning NAV to investors who bought mutual funds on June 4 and there was no technical glitch at its end. Many investors had complained on social media for failing to square off their positions. Several investors purchased their mutual funds before the cut-off time, although they were assigned the Net Asset Value (NAV), which determines the fund's value for June 5 instead of June 4. This resulted in substantial financial losses to such investors. "It is hereby clarified that there was no technical glitch at BSE Clearing House (ICCL) on June 4th. Prima Facie, there was a lag in receiving details of credit /payments from payments aggregator(s) / bank(s) for few customers which led to the delayed NAV," BSE said in a statement. The clarification came after several broking platforms alleged BSE for a glitch in the mutual fund system of the exchange on June 4, which led the orders to go throug

BSE acquires entire equity stake of S&P Dow Jones Indices in Asia Index

Leading stock exchange BSE Ltd on Friday said it has completed the acquisition of S&P Dow Jones Indices' entire equity stake in Asia Index Private Limited (AIPL), making it a wholly-owned subsidiary of the bourse. AIPL was a joint venture between S&P DJI and BSE and is best known for calculating and maintaining the popular index Sensex. In a statement, BSE said AIPL will continue to provide its services to clients who are subscribed to AIPL's indices or data products. "AIPL is committed to improving and expanding its product offerings by working closely with the financial market ecosystem and other relevant stakeholders," it added. In April, index provider S&P Dow Jones Indices announced that it was targeting to sell its entire equity stake in Asia Index by May 31.

Q4 results today: Tata Steel and Emami among 566 firms to post earnings

Q4FY24 company results: Alkem Laboratories, Heritage Foods, Aadhar Housing Finance, and Mazagon Dock Shipbuilder will be releasing their fourth-quarter report on May 29

Timken India promoter pares 6.6% stake for Rs 1,956 cr through open market

Timken Singapore Pte, promoter of bearings-maker Timken India, on Tuesday offloaded a 6.6 per cent stake in the company for Rs 1,956 crore through open market transactions. Axis Mutual Fund (MF), Nippon India MF, UTI MF, HDFC Life Insurance, Morgan Stanley Asia Singapore, BofA Securities Europe SA, Singapore government and Monetary Authority of Singapore were among the buyers of Timken India's shares. Timken Singapore Pte offloaded a total of 50 lakh shares in 17 tranches through separate block deals on the BSE. As per the data, Timken Singapore sold 50 lakh shares, amounting to a 6.6 per cent stake in Bengaluru-based Timken India. The shares were disposed of at an average price of Rs 3,913.35 apiece, taking the deal value to Rs 1,956.67 crore. After the share sale, shareholding of Timken Singapore Pte has reduced to 51.06 per cent from 57.70 per cent in the company. On Tuesday, shares of Timken India rose 2.78 per cent to close at Rs 4,062.80 apiece on the BSE. In June last year

BSE to buy S&P's 50% stake in index joint venture for Rs 30 crore

The exit for S&P Dow Jones Indices from the equal JV is expected to be completed by May 31

Signs of strain: Markets short of breadth, yet benchmarks' pulse quickens

Market fatigue grips as indices forge ahead; declining stocks outpace advancing ones

Stock exchange BSE calls off merger of Gift City unit with rival NSE

Talks fall through over disagreements over the swap ratio

Q4 Results Today: Sun Pharma, Grasim, Nykaa Among 32 Firms to Post Earnings

Company Results Q4 FY24: Jubilant, Ramco Cements, NIIT Learning also anticipated to release fourth quarter earnings on May 22

Market-cap of BSE-listed firms hits $5 trillion; analysts see more upside ahead

The market capitalisation of BSE-listed companies jumped to a lifetime peak of Rs 414.62 trillion ($4.99 billion) on Tuesday by close. It had soared past the $5 trillion mark in intraday deals

Q4 results today: BHEL, NMDC among 115 firms to release earnings on May 21

Company results Q4 FY24: JK Tyre & Industries, Religare Enterprises, and Hitachi Energy India are poised to release the financial report for the fourth quarter today

Q4 results: ONGC, Oil India, SAIL among 83 firms to post earnings today

Q4 FY24 company results: IRFC, Bharat Electronics, India Cements, City Union Bank, and VRL Logistics will are poised to release the financial report for the fourth quarter on May 20

Q4 FY24 results: M&M, GAIL, Vodafone among 94 firms to post earnings today

Q4 FY24 company results: Info Edge, Biocon, JK Paper, Solar Industries, Infibeam Avenues, and many more companies will post their fourth-quarter earnings on May 16

Everything has come together at the right time: BSE MD & CEO Ramamurthy

'Nobody expected the elephant to dance. People had doubts, but I didn't have any doubts. I also didn't expect it (turnaround) to be so fast.'

BSE, NSE to suspend trading of Brightcom Group's stock from June 14

Leading stock exchanges BSE and NSE will suspend trading in Brightcom Group Ltd from June 14 after the firm failed to disclose the financial results for two consecutive quarters that ended in September and December 2023. In two separate circulars, the exchanges said Brightcom Group has not complied with Regulation 33 of Sebi's (Listing Obligations and Disclosure Requirements) norms that deals with submission of financial results for two consecutive quarters, i.e. September 30, 2023 and December 31, 2023. Hence, the trading in securities of Brightcom Group Ltd shall be suspended with effect from June 14, 2024, the exchanges added. The suspension will continue till such time the company complies with the norms. After 15 days of suspension, trading in the shares of non-compliant company would be allowed on a trade-for-trade basis in (Z category) on the first trading day of every week for six months. As per the BSE, freezing of the entire shareholding of the promoter in the non-complia