The stock touched an intra-day high of Rs 14.46 apiece on the BSE, closing trade at Rs 14.24 a share, up 19 per cent over the previous day's close
The benchmark Sensex opened gap-down 827 points (down 1.4 per cent), then went on to fall -1,015 points, or 1.7 per cent over its previous day's close
The share markets, including NSE and BSE, are closed today, August 31, on the occasion of Ganesh Chaturthi
Seven of the top-10 valued firms suffered a combined erosion of Rs 1,54,477.38 crore in market valuation last week, with IT majors Tata Consultancy Services and Infosys emerging as the biggest laggards. Last week, the BSE benchmark index tanked 812.28 points or 1.36 per cent. Reliance Industries Limited, ICICI Bank and State Bank of India were the only gainers in the top-10 pack. The market valuation of Tata Consultancy Services (TCS) plunged Rs 59,862.08 crore to Rs 11,78,818.29 crore. The valuation of Infosys tanked Rs 31,789.31 crore to Rs 6,40,351.57 crore. HDFC Bank's valuation declined by Rs 16,090.67 crore to Rs 8,13,952.05 crore and that of Hindustan Unilever fell by Rs 14,814.18 crore to Rs 6,04,079.91 crore. The market capitalisation (mcap) of Bajaj Finance declined by Rs 14,430.4 crore to Rs 4,27,605.59 crore and HDFC by Rs 13,031.62 crore to Rs 4,34,644.36 crore. The valuation of Life Insurance Corporation (LIC) dipped Rs 4,459.12 crore to Rs 4,29,309.22 crore. On t
Trading in the domestic stock market would be influenced by trends in the global equities, macroeconomic data and foreign fund movement in a holiday-shortened week, analysts said. Markets may face volatile trends on Monday after Federal Reserve Chair Jerome Powell's speech at the Fed's annual economic symposium in Jackson Hole on Friday. "Powell sounded ultra hawkish in his brief speech at Jackson Hole. Markets will be concerned about the tight monetary conditions persisting longer than expected. The near-term impact on equity markets will be negative," V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said. Federal Reserve Chair Jerome Powell delivered a stark message on Friday: The Fed will likely impose more large interest rate hikes in the coming months and is resolutely focused on taming the highest inflation in four decades. "US Fed statement post the Jackson Hole symposium indicated the central bank's strong commitment towards controlling inflation o
The 30-share BSE Sensex climbed 54.13 points or 0.09 per cent to settle at 59,085.43. During the day, it hit a high of 59,170.87 and a low of 58,760.09
Share pledging by promoters declined during the April-June quarter (first quarter, or Q1) of 2022-23 (FY23) as markets fell close to 10 per cent
In the past 5 trading sessions alone, the share price of Trent Ltd has jumped 11 per cent. On NSE, Trent rose 4.63 per cent to close at Rs 1,475.30, on Wednesday
The 30-share BSE benchmark index advanced 379.43 points or 0.64 per cent to settle at 59,842.21, logging its third straight day of gains
Among the firms in his portfolio, Aptech shares dipped 0.04 per cent to settle at Rs 232.65 on BSE after falling 5.92 per cent to Rs 218.95 during the day.
As the country celebrates its Platinum Independence anniversary, here's a throwback on the many events that that recalls the key moments that shaped Indian markets and brought it to where it is today
As the country celebrates its Platinum Independence anniversary, here's a throwback on the many events that that recalls the key moments that shaped Indian markets and brought it to where it is today
Even in adverse situations, Jhunjhunwala's optimism for India used to never falter, which led him to build such a huge empire
From top rating for India's financial market regulatory framework to RIL becoming the first Indian company to top $200 bn in m-cap, here are the 12 biggest events for stock markets from 2015 to 2020
From the shift of Sensex to a free-float methodology to the great fall after global financial crisis of 2008-09, and recovery afterwards, here are 16 biggest events for stock markets from 2003 to 2014
From the launch of the Nifty50 to the Ketan Parekh scam and the slump in the aftermath of the 9/11 terror attacks, here are the 20 biggest events for stock markets from 1995 to 2002
From the enactment of the capital control Act to the recognition of the BSE as a stock exchange and the infamous Harshad Mehta scam, here are the 18 biggest events for stock markets from 1947 to 1993
The Centre's recent move to impose GST on services rendered by the markets regulator, Securities and Exchange Board of India (Sebi), has rattled FPIs
The official website, bseindia.com states that August 9 will be a market holiday, which would mean that there will be no trading in equity segment, equity derivative segment and SLB degment
FPIs return but fears of Fed tightening remain