The Indian market ended lower on Friday, with benchmark indices Sensex and Nifty retreating from recent highs as investors turned defensive this weekend ahead of the Union Budget.By the end of the session, benchmarks had pared some losses with the Sensex down 296.59 points or 0.36% to 82,269.78, while the Nifty fell 98 points or […]
Maggi noodle maker Nestle India on Friday said its board had announced an interim dividend of Rs 7 per equity share for the financial year 2025-2026, besides a 45% increase in consolidated net profit for the December quarter.The dividend will be paid from February 26 to shareholders whose names are in the company register as […]
The Indian market closed sharply higher on Friday, the second trading session of the new year, with the Nifty 50 hitting a new record high as a broad rally took place. Strong business updates boosted earnings expectations and improved investor sentiment across sectors.The Nifty 50 climbed as much as 193.45 points during the session to […]
Markets remained volatile and closed lower on Wednesday, continuing the cautious sentiment. Analysts say the recent decline, after Friday’s RBI-driven rally, has weakened short-term sentiment and now see 25,650 as the next critical support.“A decisive break below this level could further widen the consolidation margin, with the next major support at the 25,400 level. On […]
The Indian market closed flat on Friday with a slight negative bias, with the Sensex and the Nifty swinging between red and green as investors booked gains near record levels and assessed expectations of possible rate cuts in both the US and India, alongside incoming domestic growth signals.The S&P BSE Sensex fell 13.7 points (0.02 […]
Mutual funds have clustered in a handful of big names in 2025, with Axis Bank, Maruti Suzuki, SBI, ICICI Bank and SBI Life among the most overvalued stocks, each trading well above their index weighting. Conversely, several blue chip giants, including Reliance Industries, HDFC Bank, ITC and TCS, are noticeably underserved despite their dominance in […]
Orkla India, the parent company of MTR Foods maker, has raised Rs 500 crore from major anchor investors ahead of its IPO. The shares were issued to domestic and foreign investors at Rs 730, the highest price band of the public offer. The issue opens on Wednesday and closes on Friday. Prominent investors who have […]