The Nifty IT index dropped nearly 3 percent on Tuesday as investors booked profits ahead of the U.S. Federal Reserve’s upcoming meeting. Major IT stocks such as Infosys, TCS, and Tech Mahindra led the decline, with all 10 components of the index trading in the red, down by 2-5 percent. According to Osho Krishan, Technical […]
IT Stocks Decline 3% on Profit Booking Ahead of Fed Meeting Decision Read More »
Inox Wind is expected to see gains in the opening trade after securing a Letter of Intent (LoI) from IGREL Renewables Ltd (IGREL) for the execution of a 550 MW wind power project. This turnkey project will involve the supply, installation, and commissioning of Wind Turbine Generators (WTGs) by Inox Wind, along with comprehensive operations
Inox Wind Secures 550 MW Wind Project from IGREL Renewables Read More »
On Tuesday, EaseMyTrip.com announced its entry into the rapidly growing medical tourism sector with two strategic acquisitions. The company has acquired a 49% stake in Dubai-based Pflege Home Healthcare and a 30% stake in Rollins International, which operates in India’s health supplement and allergen-free food sector. These acquisitions form part of EaseMyTrip’s larger plan to
EaseMyTrip Forays into Medical Tourism Industry Read More »
Shares of Globus Spirits Limited surged by 4% to Rs 1,370 in morning trading after the company announced its entry into the luxury whiskey market with the launch of DŌAAB India Craft Whisky. This marks the company’s debut in the premium whiskey sector, offering a new perspective on the expanding segment. The limited-edition DŌAAB India
Globus Spirits Stock Rises 4% After Foray Into Luxury Whiskey Segment with DŌAAB Read More »
Shares of SpiceJet fell by nearly 3% on September 17, as investors booked profits following a rally driven by the airline’s announcement of a Qualified Institutional Placement (QIP) worth up to Rs 3,000 crore. The stock declined after the company opened the QIP at a floor price of Rs 64.79 per share, with the potential
SpiceJet Stock Drops 3% Amid Profit Booking; Airline Launches Rs 3,000 Crore QIP Read More »
PN Gadgil Jewellers made a strong debut on the stock market on Tuesday, September 17, with its shares listing at Rs 830 per share on the NSE, marking a premium of 72.91% over the issue price of Rs 480 per share. On the BSE, the shares listed even higher at Rs 834 per share, a
PN Gadgil Jewellers’ Shares Soar 73% in Stellar Market Debut, Listing at Rs 830 on NSE Read More »
Starting October 1, bonus shares announced by companies will be available for trading within two days (T+2) of the record date, according to new guidelines issued by the Securities and Exchange Board of India (Sebi). Currently, shareholders must wait approximately two weeks for bonus shares to be tradable. The record date refers to the cutoff
Sebi Accelerates Bonus Issue Process, Shares Available for Trading on T+2 from October 1 Read More »
Mutual funds have significantly increased their investment in Adani Group companies, with net purchases reaching over Rs 4,200 crore in August 2024. This marks a consistent rise in mutual fund interest in the Adani Group over recent months. In July, net buying stood at around Rs 2,000 crore, while June and May saw Rs 990
Mutual Funds Invest Rs 4,200 Crore in Adani Group Stocks in August Amid Rising Interest Read More »
HDFC Bank announced on Monday that its board of directors will convene on Saturday, October 19, 2024, to consider and approve the unaudited standalone and consolidated financial results for Q2 FY25, covering the quarter and half-year ending on September 30, 2024. IDBI Bank has also informed that in compliance with the SEBI regulations, the trading
Bajaj Housing Finance made a stellar debut on the stock exchanges on Monday, September 16, with its shares listing at Rs 150 per share on both NSE and BSE, reflecting a 114% premium over the IPO issue price of Rs 70 per share. Shares had been allocated to successful IPO bidders on September 13. The
