Indian market regulator Wednesday proposed to seek more disclosures from high-risk Foreign Portfolio Investors (FPIs) with large holdings in a single company or a group firm following criticism about lack of oversight over inflows in conglomerates like Adani Group. The Securities and Exchange…
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For the Coal India Ltd (CIL) stock, an increase in the price of coal sold through fuel supply agreements (FSA) was expected to be a key trigger. The state-run company has raised the price of high-grade…
Read More »During Wednesday’s closing session, the market capitalization of the small-cap company NRB Bearings reached ₹1,561.42 Cr. Across all mobility applications, NRB Bearings is a well-known industry leader in needle roller bearings and standard cylindrical roller bearings.…
Read More »Oil prices extended losses and relinquished initial gains, declining by over two per cent on May 31 on a stronger US dollar and weak China’s economy data as recovery continues to lose steam, which further raised…
Read More »In an interview with Mint, Pradeepkumar said the recent decrease in CPI, core CPI and WPI indicates that inflation drivers have weakened. However, the risks posed by monsoon and external factors should not be overlooked. Edited…
Read More »A customer gives ₹2,000 rupee currency notes to the shopkeeper at a jewellery shop in Mumbai, on May 23, 2023. | Photo Credit: PTI Falling for the third straight session, the rupee declined by 7 paise…
Read More »File. | Photo Credit: Paul Noronha Benchmark stock indices Sensex and Nifty cut short their four-day gaining streak to close lower by half a per cent on Wednesday due to profit-taking in banking oil and metal…
Read More »Sensex closed with a loss of 347 points, or 0.55 per cent, at 62,622.24 while the Nifty ended the day at 18,534.40, down 99 points, or 0.53 per cent. (More to come) Know your…
Read More »Adani Ports & Special Economic Zone Ltd’s auditor stated that insufficient disclosures about certain transactions mean it can only issue a qualified opinion on the company’s accounts, bringing the spotlight back to allegations made by short…
Read More »According to the Reserve Bank of India (RBI) Q4 estimates, India’s real GDP growth will stand at 5.1 per cent in the previous quarter. For 2023-24, GDP growth will stand at 6.5 per cent. Economic trends…
Read More »Torrent Pharma rallied 8 per cent after the company reported consolidated net profit of Rs 287 crore in Q4. The company on Tuesday reported a consolidated profit after tax (PAT) of Rs 287 crore for the…
Read More »SBI Share Price: State Bank of India (SBI) — the country’s largest lender by assets — started trading ex-dividend on May 31. The bank had announced a dividend of Rs 11.30 per share for FY23, along with…
Read More »They are sandwiched between large-cap and small-cap stocks. Large-cap stocks are mature, well-established, and offer steady returns over a long horizon. Small-cap stocks, on the other hand, sometimes offer quick and exponential returns due to their…
Read More »Stocks to Watch: Nifty futures on the Singapore Exchange traded 44 points, or 0.23 per cent, lower at 18,686, signaling that Dalal Street was headed for negative start on Wednesday. Adani Ports & SEZ: The company…
Read More »Eicher Motors’ stock opened at ₹3700.05 and closed at ₹3712.3 on the last day of trading. The high for the day was ₹3722.6, and the low was ₹3670.05. The company’s market capitalization stood at ₹100,633.38 crore.…
Read More »Buy or sell stocks for today: Amid muted global sentiments as investors wait for the US debt ceiling deal, Indian stock market finished higher for fourth straight session on Tuesday. NSE Nifty ended 35 points higher…
Read More »The Nvidia share price has tripled in less than eight months, indicating the spike in interest in artificial intelligence following rapid developments in generative AI, which can participate in human-like dialogue and craft everything from jokes…
Read More »On the Wall Street, stock markets closed mixed on Tuesday amid worries over whether the US Congress will pass a debt ceiling deal. The S&P 500 gained 0.15 points to finish flat at 4,205.6. The Dow…
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