From August 3, India's stock market will see one of its biggest operational changes in years. A new Closing Auction Session will change how the closing price is discovered for F&O stocks,
Benchmark indices gained around 1 per cent as easing geopolitical tensions pulled down crude prices, while the rupee emerged as the best-performing Asian currency
₹9,275-crore issue opens on July 29 as the Temasek-backed hospital chain plans to add around 3,000 beds through greenfield and brownfield projects
Sensex and Nifty fell for a fifth straight session as elevated crude prices, the Middle East conflict and FPI selling weighed on investor sentiment
Can you invest without compromising your values? The NSE has launched the **Nifty 500 Ahimsa Index**, an ethical stock market index that excludes companies
Laurus Labs on Friday reported a 124.7% YoY surge in Q1 consolidated net profit at ₹361.99 crore, backed by 28.8% growth in total income. The stock has nearly doubled in the last one year.
Benchmark indices extended losses as rising crude oil prices and sustained foreign portfolio investor selling offset domestic institutional buying and weighed on sentiment
Sensex lost 715 points and the Nifty slipped below 24,000 as rising crude prices, tariff concerns and geopolitical tensions triggered broad-based selling
Mock trading is under way as exchanges prepare for the phased rollout of the closing auction session to determine closing prices for derivative-linked stocks
To mitigate the impact of higher aviation turbine fuel (ATF), IndiGo has raised airfares, but analysts believe it will not be enough to stem the Q1 profit fall.
A preliminary proposal by the city's exchange to scrap the midday break and extend trading hours has drawn criticism, particularly from local firms
India's largest asset manager by QAAUM ended its market debut at a modest premium, below market expectations, after its Rs 9,813 crore IPO was subscribed 41.6 times
The NSE is working on a new volatility index that could eventually replace or complement India VIX. But why does the market need a new fear gauge? And what could it mean for investors and derivatives
Capital markets regulator Sebi on Tuesday directed depositories to put in place an operational framework and necessary system enhancements by August 1 to implement the newly introduced mechanism for freezing promoter holdings at the ISIN level during share buybacks. In a circular, Sebi asked depositories to issue operational guidelines covering the implementation of the ISIN-level freeze on promoter and promoter group holdings, including the format for listed companies to issue freezing instructions. The framework will also lay down operational modalities for permitting promoters to tender shares in buybacks conducted through the tender offer route and for allowing the invocation or release of encumbrances created before the commencement of the buyback period. In such cases, the freeze will continue to apply to the invoked or released shares or other specified securities. "The depositories shall ensure that the operational framework and the necessary system enhancements are put in
OEM revenue is expected to rise 22-29 per cent in Q1FY27, led by strong vehicle demand, exports and premiumisation, while higher input and freight costs are likely to squeeze margins
Leading water and energy infrastructure company SPML Infra on Monday said its promoters will infuse around Rs 177 crore to boost its growth capital. The company has also raised around Rs 5.75 crore from non-promoter entities through a preferential issue and converted debt of Rs 7.16 crore from National Asset Reconstruction Company Ltd (NARCL) into equity, a statement said on Monday. "The company has allotted 6,93,999 equity shares and 95,39,449 convertible warrants on a preferential basis, in a move aimed at raising fresh growth capital and converting existing debt into equity," it said. The equity shares were issued at a price of Rs 186 per share, including a premium of Rs 184 per share, while the warrants were also priced at Rs 186 each. The warrants have been allotted to a mix of promoter group entities and non-promoters, including an entity related to noted investor Vijay Kedia, the company said. After the full conversion of warrants, total stake of Kedia and his associates wil
Absolute Projects (India) Ltd and Jindal Supreme (India) Ltd have secured Sebi's approval to raise funds through initial public offerings (IPOs), an update from the markets regulator showed on Monday. The two firms, which filed their preliminary IPO papers between April and May , obtained the regulator's observation on July 17. In Sebiparlance, issuing observations implies approval to float theIPO. According to the draft papers, Absolute Projects' IPO comprises a fresh issue of 2 crore equity shares with no offer-for-sale (OFS) component. Funds will be used to modernise Manufacturing Facility I, procure machinery for Manufacturing Facility II, and secure equipment for Power EPC projects. Absolute Projects is an engineering, procurement and construction (EPC) player engaged in the execution of power transmission and distribution infrastructure projects. Jindal Supreme's IPO consists of both a fresh issue of 1.07 crore equity shares and an offer-for-sale (OFS) component of 26.87 lak
Bandhan AMC CIO Manish Gunwani says India's macro fundamentals remain strong, with financials, insurance and real estate best placed to drive FY27 earnings growth
Quarterly results, geopolitical developments in West Asia, crude oil prices, monsoon progress and foreign investor activity are expected to drive market sentiment this week
Dolat Capital initiated coverage of the National Stock Exchange with a 'sell' recommendation, citing regulatory headwinds and high valuations ahead of the bourse's planned IPO