While the rally on Friday of 1,961-points was mostly led by positive global cues amid some buying in Adani group shares, the up move on Monday was triggered by the outcome of Maharashtra polls
Index heavyweights ICICI Bank, Reliance Industries, SBI and Infosys lead the market rally, contributing nearly 40 per cent of the day's gain on Friday
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Markets regulator Sebi has debarred 14 entities including, Rana Sugars promoters' and other related entities from the securities markets for two years and slapped a Rs 63-crore fine on them on charges of diversion of funds. The regulator also prohibited Inder Pratap Singh Rana (promoter), Ranjit Singh Rana (Chairman), Veer Pratap Singh Rana (MD), Gurjeet Singh Rana, Karan Pratap Singh Rana, Rajbans Kaur, Preet Inder Singh Rana and Sukhjinder Kaur (promoter) from holding any position as director or key managerial person of any other listed company for two years. Ranjit Singh, Veer Pratap and Sukhjinder Kaur were also the promoters of Rana Sugars Ltd, as per the exchange data. Individually, Sebi imposed penalties in the range of Rs 3 crore to 7 crore on Rana Sugars, its promoters, and other related entities. "I find that noticee No 1 to 9, who are promoters of RSL and beneficiaries of such diversion of funds from RSL, have violated PFUTP (Prohibition of Fraudulent and Unfair Trade ..
29 launches since June 1, nearly half of previous five months' total
The fastest 5,000-point rally for the Sensex was nearly three years ago (September 24, 2021) when the index hit an intraday high of 60,333 in a span of just 28 trading days
Within this basket of Modi stocks, the preferred BUYs for CLSA India analysts are ONGC, NTPC, NHPC, SBI, Power Finance, IGL and Mahanagar Gas in the PSU space
Indian equities have risen to records, while the currency and bond markets are near their highest levels in over two months days ahead of the election results on June 4
The government, too, is hopeful that the bull-run in the Indian stock market will continue. PM Modi recently said in an interview that Indian stock markets will break all previous records on June 4
All listed Adani group stocks were in the limelight on Monday, with Adani Energy climbing over 8 per cent, as investors flocked to the counters amid a positive trend in the broader market. Shares of Adani Energy Solutions jumped 8.40 per cent, NDTV zoomed 6.16 per cent, Adani Wilmar advanced 5.92 per cent, Adani Power surged 4.99 per cent, Adani Total Gas soared 4.81 per cent, Adani Green Energy rallied 2.93 per cent, Adani Ports climbed 2.56 per cent and ACC (2.38 per cent) on the BSE. The stock of Adani Enterprises went up by 1.80 per cent and Ambuja Cements climbed 1.49 per cent. The combined market valuation of all the group firms stood at Rs 16,30,648.23 crore. The 30-share BSE Sensex climbed 363.20 points or 0.49 per cent to settle at 74,014.55 and the NSE Nifty advanced 135.10 points or 0.61 per cent to 22,462. Both the benchmarks hit their all-time high levels in intra-day. Adani group opened a USD 1.2 billion copper plant, bought a port in Odisha, raised stakes in a cemen
Since February 2023, 13 of the top mining companies have placed orders for over $1 billion worth of specialized computers, according to data compiled by TheMinerMag based on public filings
The 30-share BSE Sensex jumped 1,240.90 points or 1.76 per cent to settle at 71,941.57. During the day, it soared 1,309.55 points or 1.85 per cent to 72,010.22
Stock market highlights on January 29: The frontline S&P BSE Sensex index soared 1,309 points in the intraday trade to hit a high of 72,010 levels
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Shares of RIL rose 2.7 per cent to end at a new record of Rs 2,650, valuing the firm at Rs 17.93 trillion. The stock surpassed its previous record high of Rs 2,620 on July 20, 2023
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Equity investors became richer by over Rs 10.43 lakh crore in the past five days, as markets continued their winning momentum helped by foreign fund inflows and stable global trends. The market capitalisation of BSE-listed firms have surged Rs 10,43,216.79 crore to Rs 2,62,37,776.13 crore in the last five trading sessions (March 29-April 6). This week, equity markets were closed on Tuesday (April 4) for "Mahavir Jayanti". Markets are closed on Friday on account of "Good Friday". Last week, stock markets were closed on Thursday for "Ram Navami". The 30-share BSE Sensex has jumped 2,219.25 points or 3.85 per cent in the past five trading sessions. According to market analysts the benchmark indices have rallied aided by improved overseas fund inflows and positive global cues. "The Indian equity market saw gains for the second week in a row after a protracted period of underperformance, thanks to stable global cues, FII buying amid valuation comfort, and signs of a worldwide peak in
The benchmark S&P BSE Sensex rose 445 points to end the session at 58,074 - a gain of 0.7 per cent