Equity benchmarks Nifty and Sensex started 2026 on a strong footing, posting gains for the second straight session, driven by sharp rallies in auto, banking and IT stocks even as steep declines in major FMCG names capped the upside.At around 9:45 am, the BSE Sensex rose 220 points, or 0.26%, to open at 85,444, while […]
Indian equity markets started the week on a positive note, but the momentum quickly faded, with benchmark indices running largely within the range over the past few sessions. According to Jigar S Patel, Senior Manager – Equity Research at Anand Rathi, the broader technical situation remains optimistic, although near-term consolidation is likely. Useful: consolidation before […]
Dalal Street’s benchmark BSE Sensex has delivered one of the most spectacular wealth creation stories in modern financial history, rising from a modest 549 points at its launch in January 1986 to a lifetime peak of 86,159 this month, when the company turns 40 on New Year’s Day. The stunning 15,594% return has transformed what […]
Vidit Aatrey, a 34-year-old alumnus of the Indian Institute of Technology, Delhi, who started his career in factory operations at ITC and later worked in strategy at InMobi, has joined India’s elite billionaire club. The co-founder and CEO of Meesho Ltd crossed the $1 billion mark on Tuesday after the e-commerce company’s shares rose 13%, […]
HCL Capital Private Limited emerged as the largest acquirer of British American Tobacco’s (BAT) stake in ITC Hotels. The NBFC company associated with Shiv Nadar’s HCL Group on Friday bought 14.58 crore shares worth Rs 2,998 crore through a block deal. In separate block deals, major investors Nippon India Mutual Fund, Societe Generale, Morgan Stanley, […]
British American Tobacco plc (BAT) plans to sell a 7%-15.3% stake in ITC Hotels through a block deal, the company said in a media statement on Thursday.BAT has announced that its wholly owned subsidiaries, Tobacco Manufacturers (India) Limited, Myddleton Investment Company Limited and Rothmans International Enterprises Limited, intend to sell the issued ordinary share capital […]
Day Trading Guide gives you the key intraday support and resistances to watch out for on the Nifty Futures and other widely traded stocks like Reliance Industries, Infosys, HDFC Bank, TCS and SBI. Based on the trend, it also provides intraday trading recommendations with specific entry and stop-loss levels. The mentioned resistances and supports will […]
Day Trading Guide gives you the key intraday support and resistances to watch out for on the Nifty Futures and other widely traded stocks like Reliance Industries, Infosys, HDFC Bank, TCS and SBI. Based on the trend, it also provides intraday trading recommendations with specific entry and stop-loss levels. The mentioned resistances and supports will […]
Indian shares showed remarkable resilience on Friday, with the Nifty nearing the 26,100 mark. Despite global markets, especially the US, showing weakness, domestic indices have managed to hold their ground, sparking optimism among investors. CA Rudramurthy BV, MD, Vachana Investments while commenting on the performance of the market, he pointed out that, “First of all, […]
Mumbai: GQG Partners has increased its stake in five Adani Group companies – Adani Energy Solutions, Adani Enterprises, Adani Green Energy, Adani Ports and Special Economic Zone, and Adani Power – in recent block deals on Tuesday. The Rajiv Jain-backed fund bought shares worth ₹551 crore in Adani Energy Solutions and acquired 53.94 lakh shares […]