Stock Market Highlights: In the broader market, the BSE Realty index dropped 1.8 per cent, with most of its shares falling more than 2 per cent each on Thursday.
In the previous session, the Sensex ended 72.56 points, or 0.10 per cent lower, at 74,029.76, while Nifty 50 settled 27.40, or 0.12 per cent lower, at 22,470.50
Ola Electric share rose after the company's announcement that it expects Ebitda breakeven in its Automotive segment by Q1FY26, with full financial benefits from recent initiatives expected by April'25
The uptick in the Waaree Renewable share price came after it announced a consortium of three members comprising the company itself has received a Letter of Award (LOA) worth Rs 740 crore
Stock Market Highlights: The Sensex recovered 500 pts from the day's low to end flat at 74,102; Nifty settled at 22,498. ICICI Bank, Bharti Airtel and Reliance Industries led the recovery on Tuesday.
The rise in the Bharat Electronics share price came after the company announced that it has secured additional orders worth Rs 843 crore
The fall in the share price came after the company announced that its Clinical Research Organisation, AnaCipher, located at Hyderabad, has received one Form 483 at the end of the inspection by USFDA
The uptick in Anupam Rasayan share price came after the company inked a 10-year letter of intent (LoI) valued at approximately Rs 922 crore, or $106 million with a Korean multinational
Currently, the market is lacking the momentum to break decisively above 22,800 or below 22,000. Nifty is likely to consolidate sideways within the same in the near term
European nations are among the leading destinations for foreign portfolio investors (FPIs) in India
Nomura pointed out that India is strategically positioned to capitalise on these changes, especially as the US looks to adjust its approach to trade with India, particularly in electronics
On the bourses, IndusInd Bank shares have tanked about 8 per cent in the last five trading sessions, 15 per cent in the past month and 37 per cent in the past six months
MosChip Technologies shares rose following the announcement of the launch of MosChip DigitalSky GenAIoT, a digital solutions suite
Till 11:11 am; a combined 27.24 million equity shares representing 2.75 per cent of total equity of the company have changed hands on the NSE (26.35 million shares) and BSE (0.89 million shares).
The uptick in Zydus Life share price came after the company announced that it has received final approval from the USFDA to manufacture Dasatinib tabs, 20 mg, 50 mg, 70 mg, 80 mg, 100 mg, and 140 mg
The rise in Biocon share price came after the company announced that its wholly-owned subsidiary, Biocon Pharma, has received final approvals for Lenalidomide capsules and Dasatinib tabs from USFDA
The uptick in Welspun Specialty share price came after the company was notified as L1 bidder by Bharat Heavy Electricals Limited (BHEL, Trichy) for a project worth about Rs 231.77 crore, excluding GST
Stock Markets Today: As of 6:31 AM, GIFT Nifty Futures were down 54 points at 22,137, hinting at a negative start.
Notably, stocks like Infosys, M&M, Bharti Airtel, TCS, and HCLTech were the top contributors to the downward pressure on the indices
In past two days, TCS was down 4% to Rs 3,624.90 on fears of a slowing US economy and trading close to its 52-week low of Rs 3,593.30 touched on June 4, 2024.