The rise in Lemon Tree Hotels share price came after the company announced that it has signed a new property in Mumbai.
Share market today: Market participants today will analyse the ongoing US presidential debate. They will also focus on US inflation report, oil prices, and IPOs back home
SpiceJet has reached a deal with Carlyle Group's commercial aviation unit to write off a $40.2 million payment obligation and a $30 million conversion of arrears into equity.
Surge in SIP flows, strong NFO collections drive August collection to the second highest in a month
Market Close Highlights: Indian benchmark equity indices closed higher on Tuesday, tracking overnight gains in the US markets.
The IREDA scrip surged as much as 7.21 per cent to hit an intraday high of Rs 239.35 per share.
Stocks To Watch: HP India is set to partner with Dixon Technologies' subsidiary, Padget Electronics, to manufacture notebooks, desktops, and all-in-one PCs in Chennai under the PLI 2.0 scheme.
The Nifty PSU Bank Index is currently positioned in a manner where buying on dips presents the most favourable trading strategy for near-term traders.
Over the past 7-8 weeks, Laxmi Organic Industries has been trading within a relatively narrow range of approximately Rs 235-270, indicating a period of consolidation.
The recent correction in the Nifty 50 index should be seen as a pullback within an overall bullish trend on short-term charts. The best trading strategy for both traders & investors is to buy on dips.
The combined market valuation of eight of the top-10 most valued firms got eroded by Rs 2,01,699.77 crore last week, with Reliance Industries and Tata Consultancy Services emerging as the biggest laggards, in line with weak trends in equities. Last week, the BSE benchmark dropped 1,181.84 points, or 1.43 per cent. The market valuation of Reliance Industries tumbled Rs 60,824.68 crore to Rs 19,82,282.42 crore. The valuation of Tata Consultancy Services (TCS) slumped Rs 34,136.66 crore to Rs 16,12,762.51 crore. State Bank of India's valuation dropped Rs 29,495.84 crore to Rs 6,98,440.13 crore and that of Bharti Airtel diminished Rs 28,379.54 crore to Rs 8,76,207.58 crore. The market capitalisation (mcap) of Infosys tanked Rs 17,061.44 crore to Rs 7,89,819.06 crore and that of Life Insurance Corporation of India (LIC) eroded by Rs 16,381.74 crore to Rs 6,57,009.14 crore. ICICI Bank's mcap declined Rs 15,169.76 crore to Rs 8,51,204.65 crore and that of ITC was down Rs 250.11 crore to
Market Crash Close Highlights: Indian benchmark indices closed deep in the red on Friday, dragged down by weak global cues, along with regulatory headwinds.
Prior to the public subscription period, Shree Tirupati Balajee IPO raised over Rs 50.90 crore from anchor investors.
The uptick in share price came after the company announced that its board of directors will meet on September 9, to consider and approve issuance of NCDs up to Rs 2,500 crore.
The fall in Godfrey Phillips shares price came after media reports indicated that the company has finalised the sale of its retail business 24Seven.
The fall in the Exicom Telecoms share price came after Late Rakesh Jhunjhunwla-backed entity Rare Enterprises offloaded 15,85,000 shares of Exicom Telecoms at Rs 348.60 per share.
The surge in Atlantaa share price came after the company announced that it has received Commencement Certificate for its project, Atlanta Enclave Phase 11, from Thane Municipal Corporation
The run up in the markets in the past few months has made valuations expensive, analysts said, who now expect the rally to take a breather for the next few months as corporate earnings catch up.
Stock Market Highlights: The NSE Nifty 50 index has rallied 4.7 per cent or 1,140 points in the last 14 straight trading sessions.
The board has given an approval for an investment of Rs 57.5 crore to set up the facility, which will primarily cater to electric vehicle (EV) market.