BSE Index Services, a wholly owned subsidiary of BSE, today announced the launch of the BSE SmallCap 500 Index and four new factor indices based on the BSE SmallCap 500 Index universe. The BSE SmallCap 500 Universe Factor Indices are reconstituted quarterly, have a base value of 1,000 and the first value date is September […]
A recently announced merger of India’s energy sector lenders is fueling hopes that the financing will boost energy and other key drivers of the world’s fastest-growing major economy.The Indian government has announced that it will acquire state-owned Power Finance Corp. and the REC Ltd unit. will merge. As money managers digest the details, they see […]
Mumbai: Debt capital market (DCM) heads expect a sharp rise in foreign borrowings from domestic companies, including some top government banks, over the next two quarters as the trade deal with India improves investor sentiment towards these companies in what is expected to be a softer global interest rate regime.Bankers said several issuers who stayed […]
One 97 Communications, which operates fintech platform Paytm, saw its shares rise 9% to hit an intraday high of Rs 1,244.05 on the BSE in an otherwise weak trading session. The price action was accompanied by strong volume, which rose 1.5 times on the BSE. The rally is believed to be due to a stimulus […]
Real estate stocks fell 10% intraday, continuing their lackluster pre-budget show, likely disappointed by the lack of any big-ticket announcement for the sector. The Nifty Realty index fell 4.6% with nine scrips in the 10-share index trading in the red after the Budget 2026 speech.The biggest intraday losers included Lodha Developers and Prestige Estates Projects, […]
Infosys, one of India’s leading IT giants, is set to focus more on dividends today as investors keep an eye on the company’s announced interim dividend of Rs 23 per share. The stock is trading at an interim dividend of 460%, and today is the last day to buy Infosys shares to qualify for the […]
Markets started the week on an optimistic note and continued their upward momentum, largely supported by favorable domestic cues. With the Nifty nearing the 26,000-point mark, analysts say some consolidation cannot be ruled out before another breakout. “However, the overall trend remains positive with immediate support around 25,650 and major support around 25,450. We recommend […]