Share Market

Last Updated: April 14, 2023, 07:56 IST Is Indian stock market closed on April 14? Next, the equity market will remain closed on May 1, Monday on the occasion of Maharashtra Day. Stock Market Holiday: BSE and NSE will remain closed on Friday, 14th April 2023 for Dr Bhim Rao Ambedkar Jayanti. As per … Read more

IT Earnings Q4: IT majors Infosys and TCS left the street unimpressed post their March-quarter results. Both Infosys and TCS, which together comprise 11 per cent of the Nifty 50 index weightage, missed analysts’ estimates in quarterly profit as companies curtailed spending on tech to prepare for a cooling economy following turmoil in the US … Read more

Last Updated: April 13, 2023, 16:49 IST FILE PHOTO: An employee walks past a signage board in the Infosys campus at the Electronics City IT district in Bangalore, February 28, 2012. REUTERS/Vivek Prakash Apart from financial results, the Infosys board also announced the final dividend today Infosys Dividend: India’s IT services major Infosys declared its Q4FY23 financial … Read more

Last Updated: April 12, 2023, 15:05 IST Shares of Sula Vineyards zoomed nearly 11 per cent to Rs 390 in the opening trade on April 12. The stock witnessed a steep increase as the wine producer on Tuesday said sales volume from its own brands crossed 1 million cases in FY23. Besides, sales volumes in … Read more

ITC Shares At Hit All-Time High: Shares of ITC, a Kolkata-based conglomerate with operations spanning from cigarettes to other FMCG products to hotels, hit a new high of Rs 395.15, gaining 2 per cent on the BSE in Tuesday’s intra-day trade, on expectations of strong earnings growth. ITC shares gained by Rs 6.5 — or 1.7 … Read more

Last Updated: April 10, 2023, 16:21 IST Titan Share Price: Rekha Jhunjhunwala, who is the wife of legendary investor Rakesh Jhunjhunwala, portfolio is closely watched by retail investors as it helps them understand the direction in which the Indian stock market has flown. In the last one month, LIC-backed stock Titan Company, which is a … Read more

Last Updated: April 05, 2023, 16:00 IST Sensex Today: Market bulls moved from strength to strength on Wednesday as financial services surged a day ahead of the Reserve bank of India’s (RBI’s) interest rate decision. The S&P BSE Sensex jumped 583 points, or 0.99 per cent, to end at 59,689 levels. The Nifty50, too, surpassed the … Read more

Last Updated: April 07, 2023, 07:00 IST Indian stock market is closed on Friday on the account of public holiday for Good Friday. Further, the indices would be closed on April 14 next week to mark the birth anniversary of Dr BR Ambedkar. The equity derivative segment, equity segment, the SLB (Security Lending and Borrowing) … Read more

Last Updated: April 07, 2023, 11:44 IST Sebi has barred four entities from the securities markets for six months for providing unauthorised investment advisory services and directed them to refund investors’ money collected through such services within three months. Those restrained by Sebi are —  Course Work Focus, its proprietor Shashank Hirwani; Capital Research, its … Read more

Last Updated: April 06, 2023, 12:49 IST The Indian equity markets recovered from early losses on Thursday after the Reserve Bank of India’s (RBI) surprise pause in rate hikes – that kept the repo rate unchanged at 6.50 per cent, as against wide expectations for a 25 basis point (bps) hike. “The MPC (Monetary Policy … Read more

Last Updated: April 05, 2023, 11:35 IST Hindustan Zinc Shares Rise Hindustan Zinc shares traded 2 per cent higher in Wednesday’s Trade Hindustan Zinc shares traded 2 per cent higher in Wednesday’s Trade as the company’s refined metal production rose three per cent to the highest-ever level of 269 kilotonnes in Q4. The company said … Read more

Stock market holiday today Indian equity benchmarks would remain closed on Tuesday and also on Friday in this holiday-shortened week Stock Market Holiday Today: The stock markets will remain closed tomorrow on account of Mahavir Jayanti. Indian equity benchmarks would remain closed on Tuesday and also on Friday in this holiday-shortened week. Further, the indices … Read more

Published By: Business Desk Edited By: Namit Singh Sengar Last Updated: April 03, 2023, 19:17 IST As per the bank’s internal business classification, domestic retail loans grew by 21% on-year, while corporate and other wholesale loans saw an increase of 12.5%. The bank’s CASA deposits aggregated to approximately Rs 8.36 lakh crore at FY23-end, marking … Read more

In the 30-share constituent Sensex, 26 shares were trading in the green, while only 4 shares were in the red. Reliance, HCL Tech, ICICI Bank, Nestle and Tech Mahindra were among the top gainers rising by up to 3.27 per cent The domestic equity on Friday opened higher, with the BSE Sensex surging about 702 … Read more

In the 30-share constituent Sensex, 26 shares ended the day in the green, while only 4 shares closed in the red. The positive momentum in the equity market on Friday comes amid a firm trend in the global equity market and was supported by fresh foreign fund inflows The domestic equity market has ended the … Read more

The Federal Reserve is seen as about as likely to raise its benchmark overnight interest rate in May as not, but even if it does, it is expected to reverse course quickly and end the year with rates lower than they began. That’s the read from traders of futures contracts tied to the Fed‘s policy … Read more

In the calendar year 2023, there will be 12 more holidays after the Ram Navami holiday. MCX will be open for trading in the evening session at 5 pm on Thursday The Indian equity markets, both BSE and NSE, will remained closed today, Thursday, March 30, on account of ‘Ram Navami’. According to the BSE’s website, … Read more

Last Updated: March 29, 2023, 14:42 IST The IPO size is estimated to be Rs 600-700 crore. The IPO comprises a fresh issue of equity shares worth Rs 257 crore and an offer for sales of 85 lakh equity shares by promoters Homegrown server maker Netweb Technologies India Ltd has filed draft papers with the … Read more

The company had announced Rs 31.50/share and Rs 19.50 in its first and second dividends respectively. The company on Thursday had said its board will next week to consider and approve the fifth interim dividend for FY ’23. The board of directors of Vedanta at their meeting held today approved the fifth interim dividend … Read more

Last Updated: March 27, 2023, 14:59 IST EPFO Meeting: The Employees’ Provident Fund Organisation, or EPFO, has continued to invest in two Adani Group companies, Adani Enterprises and Adani Ports, even after the port-to-energy conglomerate’s stocks were pounded rout following a damaging short-seller report. According to a report in The Hindu on March 27, the subscribers … Read more

Last Updated: March 25, 2023, 14:54 IST Avalon Technologies has cut the size of its IPO to Rs 865 crore from Rs 1,025 crore planned earlier. Avalon Technologies plans to mobilise Rs 320 crore from fresh issuance of equity shares and Rs 545 crore through an offer for sale of shares by promoters and existing … Read more

The Securities and Exchange Board of India (SEBI) has been instrumental in bringing many transformational changes, with a continued focus on improved transparency and governance. With the growth in the industry, the role of mutual fund trustees in ensuring the protection of interests of the mutual fund investors has become even more critical. To streamline … Read more

STT on the sale of futures contract has been increased to Rs 1,250 on a turnover of Rs 1 crore, a 25 per cent hike as compared with Rs 1,000 earlier. The finance ministry says the STT now stands at Rs 6,200 on a turnover of Rs 1 crore, indicating a 25 per cent hike … Read more

Shares of Infosys were down as much as 1.3 per cent on Thursday. The stock is down in 12 of the last 13 sessions and is just 1.5 per cent away from its 52-week low of Rs 1,355.50, which it fell to in September last year. The stock of the information technology (IT) company was … Read more

AT1 bonds are usually the first part of a bank’s overall debt that will be written down in case of non-viability. AT1 bonds are a type of perpetual debt instrument that do not carry any maturity date Punjab National Bank (PNB), DCB Bank and Indian Overseas Bank (IOB) may have to offer higher interest rates … Read more

Last Updated: March 21, 2023, 14:38 IST PVR aims to operate 1,000 screens by the end of FY24 (Representative image) Warburg Pincus, through its affiliate Berry Creek Investment Ltd, sold the shares in PVR. PVR Block Deal: PVR Ltd shares jumped as much as 2.5 per cent on Tuesday after private investor Warbug Pincus … Read more

Last Updated: March 20, 2023, 14:36 IST Why is market falling today? Since the beginning of the Silicon Valley Bank (SVB) crisis on March 9, Sensex has become weaker by over 3,000 points. Indian shares traded lower on Monday as some investors worried about contagion risks in the global banking system despite a historic … Read more

Last Updated: March 17, 2023, 12:44 IST Tata Consultancy Services (TCS) CEO Rajesh Gopinathan’s resignation has come as a surprise for the Street. IT giant announced the appointment of K Krithivasan as the new CEO designate for TCS. K Krithivasan will go through a transition period with Rajesh Gopinathan and will be appointed as MD … Read more

Last Updated: March 17, 2023, 14:55 IST PSU defence stock Bharat Electronics (BEL) has approved a second interim dividend of Re 0.6 per share for the current financial year 2022-23. The company has fixed March 25 as the record date to determine the eligibility of shareholders for the payment of said dividend. “The Board of … Read more