In a bulk deal worth Rs 70 crore, Citigroup on Monday sold nearly 8.3 lakh shares of stock market debutant Clean Max Enviro Energy Solutions. The shares were sold at Rs 846.72 each, which marked a 20% discount on the issue price of Rs 1,053.Clean Max Enviro Energy Solutions made its market debut at Rs […]
Indian stock markets closed cautiously and within a range on Tuesday after profit booking in banking, IT and healthcare stocks emerged as a major drag on the indices. Overall, analysts say the near-term outlook remains slightly positive, with a consolidating slant, with the uptrend capped unless a clear break above 26,000 occurs.STATE OF THE MARKETSGIFT […]
Indian stock markets traded cautiously positive on Monday with benchmark indices opening higher after the announcement of an interim framework for the India-US trade deal. Analysts say the market appears to be in a phase of gradual recovery and consolidation, with near-term direction likely to be determined by global macro developments, currency movements and the […]
Steel Authority of India Limited (SAIL) reported a consolidated net profit of Rs 374.03 crore for the third quarter of this fiscal. The public sector company reported an operating profit of Rs 141.89 crore in the same months of the previous fiscal.The improved profits are due to higher volumes, operating leverage and prudent financial management, […]
Bitcoin fell to the $92,000 level while Ethereum moved closer to $3,200 on Monday as global risk sentiment weakened, putting pressure on the broader cryptocurrency market. The drop came after new tariff threats reignited tensions between the U.S. and the European Union, raising concerns about a possible trade dispute. The cryptocurrency and Ethereum traded at […]
After a quiet week, Indian markets traded in the green on Friday as investors were cautiously optimistic for next week. CA Rudramurthy BV, MD, Vachana Investments shared his insights on Nifty, Bank Nifty and sector-specific opportunities, and urged traders to focus on capital protection in the current bandwidth-constrained environment.Nifty and Bank Nifty levels Rudramurthy identified […]
Indian equity markets are showing early signs of stabilization after weeks of volatility, with the Nifty consolidating around key support levels, said Nagaraj Shetti, Technical & Derivative Analyst at HDFC Securities.Speaking to ET Now, Shetti said the index has been witnessing high volatility near the 25,500-25,600 zone, but consistent buying from lower levels indicates a […]
Indian equity benchmarks recovered sharply from Monday’s lows to end in the green. Analysts expect markets to continue sideways, with stock-specific action as we enter the first leg of earnings season.STATE OF THE MARKETSGIFT Nifty (earlier SGX Nifty) marks a positive startGIFT Nifty on the NSE IX was trading 58 points, or 0.22 percent, higher […]
Indian stock markets fell for the second consecutive session due to profit booking in heavyweight stocks and renewed geopolitical concerns. Analysts expect the market to trade sideways, with the battle between positive third-quarter business updates undermined by geopolitical uncertainty.STATE OF THE MARKETSGIFT Nifty (earlier SGX Nifty) signals a negative startGIFT Nifty on the NSE IX […]
Shares of NBCC (India) Ltd are expected to remain in focus on Friday, December 12, following the company’s announcement that it has been awarded two project management consultancy contracts with a combined value of around Rs 289.39 crore from NALCO and SAIL Bokaro.According to the company’s disclosure to the stock exchanges, this is the first […]