Latest Posts Under: Business

The index maintenance subcommittee of NSE Indices has implemented numerous adjustments to NSE indices, notably replacing UPL Ltd with Shriram Finance Ltd in Nifty50. At least five stocks, namely Adani Power Ltd, Indian Railway Finance Corporation Ltd (IRFC), Jio Financial Services Ltd (JFS), Power Finance Corporation Ltd (PFC), and REC …

Continue reading “Shriram Finance replaces UPL; what’s in, what’s out in index rejig. Here’s all you need to know”

Shares of Bharat Forge plunged more than 10% to an intra-day low of Rs 1,131 on NSE as of 2:43 pm. The sudden decline in share value was attributed to the management’s revision of the growth outlook for both Q4 and the entire FY25. Baba Kalyani, Chairman and Managing Director …

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The Chinese benchmark index Shanghai Composite sank over 2% to close 1.02% lower at 2,702.18 on Monday. Most of the indices in the Asian region were trading down, except for Japan’s Nikkei 225 and Asia Dow. Japan’s Nikkei closed 0.54% higher at 196.14 while Asia Dow closed 0.39% higher at …

Continue reading “China drags Asia market after the Chinese regulator cracks the whip”

EPACK Durables shares make a debut on the Bourges in the main board segment on Tuesday. The shares of the company opened at a price of Rs 221 on the National Stock Exchange, a discount of 3% to the issue. The company’s initial public offer’s (IPO) price band was set …

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India’s has overtaken Hong Kong in terms of stock market capitalization for the first time as the country’s growth prospects and policy reforms seem to increase its attractiveness for investors and those looking for an alternative The combined value of shares listed on Indian exchanges reached $4.33 trillion as of …

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By Ajit MishraIt turned out to be a volatile week for equity markets, tracking mixed earnings and muted global cues. After the subdued start, a sharp cut in the middle derailed the momentum, however resilience in the select heavyweights in the final sessions trimmed losses. Eventually, both the benchmark indices, …

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The brokerage house believes there will be increased competition from the next quarter due to new companies foraying into the paints business. The stock of Asian Paints was among the top losers in the Nifty 50. Today, shares of Asian Paints fell 6% to Rs 3,048.60. Motilal Oswal on Asian …

Continue reading “Asian Paints stock sees sharp correction after Q3 results, brokerages raise concern about paint segment margins”

Shares of Spice Jet have risen almost 13% during the last one month after the company announced plans to raise Rs 2,250 crore through the preferential issue of shares and warrants. However, after the shareholder’s approval, the company’s shares fell 6.3% from the 52-week high of Rs 69.20. During the …

Continue reading “Spice Jet shares off highs after 13% gains in one month”