Investors' wealth climbed Rs 11,29,363.01 crore in the past five days to reach a record high of Rs 4,04,18,411.32 crore (USD 4.87 trillion) on Thursday
Last week, a video clip had surfaced on a social media platform that seemed to show CEO Ramamurthy giving out investment and stock advice. The BSE claimed the video was morphed
Stock market highlights on April 22: Among sectors, the Nifty PSU Bank index rallied 3.3 per cent, the Nifty Realty 1.12 per cent, and the Nifty Pharma index 1.5 per cent
Facing a GST demand for export services to subsidiaries from July 2017 to March 2021, Zomato plans to challenge the Rs 11.81 crore penalty and demand in appellate court
Specialty chemicals company Kronox Lab Sciences has received Sebi's go-ahead to raise funds through an initial public offering (IPO), an update with the capital markets regulator showed on Thursday
Enlistment with stock exchange may become mandatory
After the National Stock Exchange (NSE), rival bourse BSE on Thursday cautioned investors against deepfake videos of its MD and CEO Sundararaman Ramamurthy giving stock recommendations. In a statement, the exchange said it has noticed some fake, unauthorized and fraudulent videos and audios created through innovative and ingenious technology impersonating the BSE's top honcho are being circulated on social media recommending certain investments and advisory in stocks. In fact, BSE said its managing director and chief executive officer does not initiate or endorse any such communication through Facebook or any other social media platform. Also, the exchange asked investors not to trust such videos and audios and not to follow fake recommendations or unsolicited communication circulated through deceptive means impersonating Ramamurthy. Further, the exchange said it will initiate all possible steps to prevent misrepresentation by unknown elements. "In the meantime, investors/public a
Hotter-than-expected US inflation data fuelled concerns that the Federal Reserve will hold back on delivering the cuts to interest rates
The Multi Commodity Exchange of India Limited (MCX) and Commodity Derivative Segment will be closed in the morning but open in the evening
Considering FY24 being the first full year of business operations, the Board advised that the income be continued to be accumulated as reserves to augment capital growth
The three projects would help evacuate power from renewable energy projects in Rajasthan and Gujarat, the company said in a BSE filing
Meanwhile, Brent crude declined and was trading at $91.4 as traders monitored potential attacks on Israel by Iran or its proxies, which could significantly escalate hostilities in the Middle East
Ends in red amid profit-booking as investors await Q4 results
India will elect a new parliament in seven phases between April 19 and June 1. Votes will be counted on June 4
The four new indices are Nifty Tata Group 25 per cent Cap, Nifty 500 Multicap India Manufacturing 50:30:20, Nifty 500 Multicap Infrastructure 50:30:20, and Nifty MidSmall Healthcare
BSE500 companies' combined revenue growth, however, lagged S&P 500 firms' during trailing 12 months ended Dec 2023
The holiday-shortened week witnessed only three days of trading as the equity markets were also closed on Monday, March 25, on account of Holi
Private equity major Warburg Pincus on Thursday sold its entire 2.25 per cent stake in private sector lender IDFC First Bank for Rs 1,195 crore through an open market transaction. Warburg Pincus offloaded the shares of IDFC First Bank through its affiliate Cloverdell Investment Ltd on the BSE. According to the bulk deal data available with the BSE, Cloverdell Investment sold more than 15.88 crore shares of IDFC First Bank. The shares were disposed of at an average price of Rs 75.24 apiece, taking the deal size to Rs 1,195.21 crore. As of December 2023, Warburg Pincus through its affiliate holds a 2.25 per cent stake in Mumbai-headquarted IDFC First Bank, shareholding data showed with the BSE. Details of the buyers of shares could not be ascertained. On Thursday, shares of IDFC First Bank plunged 3.11 per cent to close at Rs 75.39 apiece on the BSE. In January, IDFC First Bank reported an 18 per cent growth in net profit to Rs 716 crore in the third quarter ended December 31, 202
Among stocks eligible for the T+0 settlement cycle are Ambuja Cements, Ashok Leyland, Bank of Baroda, Cipla,
Stock market highlights on March 21: In the broader markets, the rebound was steeper with the BSE MidCap and SmallCap indices closing 2.3 per cent and 2 per cent higher, respectively