Latest Updates Around The World
Shares of TVS Motor Company are likely to be in focus on Friday after the carmaker announced the sale of its stake in bike taxi aggregator Rapido for Rs 287.93 crore, marking a strategic exit from the venture it first partnered with in 2022.In an exchange filing on Thursday, the two-wheeler and three-wheeler maker said […]
After coming within touching distance of a fresh record, the Nifty is down over 2% from its peak as uncertainty over the India-US trade deal, fading hopes of a US Federal Reserve rate cut in December and periodic FII selling have dampened investor sentiment. However, analysts believe the ongoing pullback is a healthy consolidation within […]
Adani Enterprises, the flagship company of the Adani Group, on Tuesday, November 4, announced that its board has agreed to raise up to Rs 25,000 crore through a rights issue of partially paid shares of face value of Re 1 each. The offer will be made to eligible equity shareholders as of the record date, […]
Diagnostic services company Dr. Lal Path Labs on Friday announced an interim dividend of Rs 7 per equity share for the financial year 2025-26. The company also announced a 1:1 bonus issue, whereby it will pay one fully paid equity share for every fully paid equity share held by the company’s shareholders on the record […]
Bharat Electronics Ltd (BEL) on Friday reported an 18% year-on-year increase in standalone profit after tax (PAT) to Rs 1,286.13 crore for the July-September quarter of FY26, compared to Rs 1,091.27 crore in the same period last year. Navratna Defense PSU’s revenue from operations rose 25.75% year-on-year to Rs 5,763.65 crore, compared to Rs 4,583.41 […]
Markets regulator Securities and Exchange Board of India (SEBI) has imposed a cap on the weightings of top constituents in non-benchmark indices such as Bank Nifty, with an aim to reduce concentration risk and ensure broader market representation. Under the revised framework, the weight of the top stocks should not exceed 20%, while the combined […]
Indian shares rose on Wednesday, with the Sensex and Nifty closing within 1% of record highs, as investors positioned for an expected rate cut by the US Federal Reserve and optimism over a possible trade truce between the US and China boosted sentiment. The S&P BSE Sensex rose 0.44% to 84,997.13, up 368.97 points, while […]
SBI Optimal Equity Fund (AIF) and SBI Emergent Fund (AIF), managed by SBI Mutual Fund, have invested Rs 100 crore in eyewear retailer Lenskart Solutions Limited through a pre-IPO transaction at a transfer price of Rs 402 per equity share. The investment comes in advance of Lenskart’s IPO, which is scheduled for Friday, October 31, […]
The Indian market ended higher on Monday, with the Sensex and Nifty snapping a six-day winning streak as investors locked in their gains after benchmarks hovered around record highs. The pause followed a rally fueled by optimism about easing global trade tensions and expectations of a recovery in corporate profits. The S&P BSE Sensex fell […]
India’s stock benchmarks the Sensex and Nifty rose sharply on Monday as softer-than-expected US inflation data reinforced expectations for additional Federal Reserve rate cuts in 2025 and signs of progress in US-China trade talks, among other factors, lifted investor sentiment. The S&P BSE Sensex rose over 700 points to an intraday high of 84,932.08, while […]
