Home First Finance Company India’s promoter entities Aether (Mauritius) Limited and True North Fund V LLP sold shares worth Rs 326 crore and Rs 334 crore in separate bulk deals today Thursday. The buyers were the French multinational bank Societe Generale and PICTET – Indian Equities.Together they sold shares worth Rs 660 crore. The stock […]
Bengaluru | Mumbai: Ola Electric plans to further reduce the number of physical stores to around 550 by March end, amid a sharp decline in market share and mounting operational challenges, according to people aware of the development.The move marks a deeper setback for the Bengaluru-based electric vehicle (EV) maker, just a year after it […]
Goldman Sachs on Monday bought over 16.8 lakh shares of Aye Finance in a bulk deal worth Rs 22 crore. Earlier, during the February 6 anchor allotment, it acquired 53.48 lakh shares in the NBFC for Rs 69 crore. In a separate transaction, BofA Securities bought nearly 46 lakh shares of PSU major Engineers India […]
India’s benchmark indices ended subdued in a largely bandwidth-constrained session on Wednesday. The Nifty extended its winning streak to the fourth day in a row, albeit with modest gains, while the BSE Sensex traded slightly lower. The 50-share index closed at 25,953.85, up 18.70 points or 0.07%, while the Sensex fell 40.28 points or 0.05% […]
Morgan Stanley and Goldman Sachs acquired shares in small-cap multibagger Ather Energy in separate block deals on Wednesday, with the National Investment and Infrastructure Fund (NIIF) emerging as the seller. NIIF has sold over 33.78 lakh shares in transactions worth around Rs 233 crore.Other buyers of the electric two-wheeler maker included Tata Mutual Fund, Aditya […]
Earnings season for the December quarter continues on Monday, with as many as 72 companies set to announce their third-quarter results. Key results to watch out for include Hyundai Motor India, PB Fintech, Bajaj Housing Finance and Ather Energy.In addition, companies like Indus Towers, Sundaram Finance, UPL, Thermax, Chalet Hotels, Tata Chemicals, PG Electroplast and […]
The Indian market ended higher on Thursday, with the Sensex and Nifty paring early losses after a volatile session, as investors weighed continued trading optimism against increasing caution ahead of the Union Budget this weekend.At the close, sentiment recovered with the Sensex adding 222 points, or 0.27%, to 82,566.37, and the Nifty gaining 76 points, […]
The Indian market ended lower for the third straight session on Wednesday, deepening a sharp market rout that has wiped out nearly Rs 14 lakh crore of investor wealth. The sell-off, triggered by global unrest and uneven corporate earnings, saw the benchmark Sensex fall over 1,660 points in three sessions, while the Nifty 50 fell […]
The Indian market closed sharply lower on Tuesday after a late morning sell-off dragged benchmark indices to their lowest levels in more than two months. At the end of the session, the BSE Sensex fell 1,065.7 points or 1.28% to close at 82,180.47, while the NSE Nifty 50 fell 353 points or 1.38% to 25,232.50. […]
The Indian market ended lower on Monday, with the Sensex and Nifty retreating as global trade war rhetoric returned to headlines and disappointed heavy gains at home. The BSE Sensex on Monday fell as much as 629 points intraday to touch a low of 82,941.01, while the NSE Nifty 50 fell 0.7% to an intraday […]