Latest Updates Around The World
Indian markets broke their losing streak on Monday, supported by gains in the financial sector and energy stocks, with added strength from the pharmaceutical and healthcare sectors. The Nifty ended a two-session decline to close at 25,682.75, up 211.65 points or 0.83%, while the 30-share BSE Sensex recovered after three straight declines to end at […]
Indian benchmark indices closed higher for the second straight session on Monday, supported by broad buying across sectors, with financials, auto and consumer stocks leading the gains. The Nifty settled at 25,867.30, up 173.60 points, or 0.68%, while the BSE Sensex rose 485.35 points, or 0.58%, to end at 84,065.75.Meanwhile, the volatility gauge India VIX […]
Indian benchmark indices closed higher on buying interest in consumer and private banking stocks, although gains were limited by selling pressure in auto, IT and pharmaceutical names. While Nifty ended at 25,693.70, up 50.90 points or 0.20%, the BSE Sensex advanced 266.47 points or 0.32% to 83,580.40.Meanwhile, the volatility gauge India VIX ended at 11.94, […]
Manipal Health Enterprises Pvt. plans to file for a $1 billion initial public offering in January, according to people familiar with the matter, paving the way for the largest stock market listing of a hospital operator in India.The company is targeting a valuation of as much as $13 billion, the people said, asking not to […]
Nifty’s 4% rally over the past three months has more scope to grow, says Prabhudas Lilladher (PL), who estimates the heartbeat index to reach its target of 29,094 in the next 12 months, implying 11% growth from current levels. PL has revised its targets upwards from 28,781, believing that economic momentum will pick up from […]
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 […]
Nifty’s latest addition Max Healthcare Institute on Friday reported 74% year-on-year growth in consolidated net profit in the September quarter at Rs 491 crore, compared to Rs 282 crore in the same period a year ago. The company’s revenue from operations in the quarter under review was Rs 2,135 crore, up 25% from Rs 1,707 […]
BSE Index Services PVT. Ltd., a full subsidiary of BSE, announced the launch of the BSE Hospitals Index on Friday, a new sectoral index designed to follow the performance of hospital stocks within healthcare. The index, derived from voters from the BSE 1000 and weighed by exemption market capitalization, has a basic value of 1,000 […]
BNP Paribas purchased on Monday in Nifty Stocks Hero Motocorp and Indusind Bank via Bulk Deals. The French multinational bank acquired shares worth RS 1,035 crore in the two -wheeler company and RS 771 Crore in the lender of the private sector. It spent a total of RS 1,806 Crore to buy the shares of […]
NSE Indices announced a recasting of his benchmark indices on Friday as part of his half-yearly assessment. Budget Carrier Indigo and Max Healthcare Institute will be included in the Nifty Index, to replace Hero Motocorp and Indusind Bank. The changes will take effect from September 30. Indigo had an average exemption market capitalization of RS […]
