The Securities and Exchange Board of India (Sebi) on Monday imposed a fine of Rs 38 lakh on Coffee Day Enterprises and its nine officers after an investigation found that they had misstated financial results and financial statements.The market regulator has conducted an investigation to identify possible violations of its provisions. The study period covered […]
Quality Strength: Company gets multiple purchase orders worth Rs 146 cr. (Positive) RailTel: Company has secured a major work order from IIT Delhi for the supply, installation, testing and commissioning of underground fiber optic cable infrastructure. (Positive) Capacite Infraprojects: Company gets letter of intent from TenX Realty for project worth Rs 537 crore (positive) Brigade […]
Domestic benchmark indices recovered from a gap-down opening to end on a firm base. IT stocks emerged as major drags in a volatile trading session, although broad-based buying across sectors kept markets resilient. The Nifty climbed 116.90 points, or 0.46%, to settle at 25,571.25, while the BSE Sensex rose 316.57 points, or 0.38%, to end […]
Market veteran Gurmeet Chadha has said that five years ago, it was difficult to imagine that the State Bank of India (SBI) would overtake IT heavyweights such as Tata Consultancy Services (TCS) and Infosys in terms of market capitalization. While the Managing Partner and CIO of Complete Circle Consultants stopped short of writing down the […]
Nifty reversed its two-session winning trend to end lower on Thursday amid broad selling with financial, auto and IT sectors among the major laggards. The index closed below the 50 DMA for the third consecutive session.Commenting on the day’s action, Rupak De, Senior Technical Analyst at LKP Securities, said Nifty ended the session on a […]
Top investor Dolly Khanna has cut her stake in smallcap stocks GHCL and Prakash Industries in the quarter ended December 31, 2025. The partial sell-off is due to the continued underperformance of both stocks over a one-year period.GHCL, a company with a market capitalization of Rs 5,261 crore on the BSE, has seen its share […]
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The Indian market ended weaker on Wednesday, with the Sensex and Nifty heading lower and extending their decline to a fourth session, while investors remained cautious around record levels. The mood on Dalal Street remained subdued ahead of the Reserve Bank of India’s interest rate decision and policy announcements due on Friday, and as continued […]
The parent company of India’s largest airline, InterGlobe Aviation, operator of the IndiGo airline, will replace Tata Motors Passenger Vehicles in the 30-share Sensex benchmark opening on Monday, December 22. The stock market index manager, BSE Index Services, announced the changes on Saturday as part of a broad overhaul of its flagship and satellite indices.Along […]