Latest Updates Around The World
Indian shares 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 a […]
Indian shares ended the first trading session of the year on Thursday with the Sensex closing marginally lower and the Nifty closing modestly higher as gains in IT heavyweights offset losses caused by a decline in the ITC after the government announced a new tax on cigarettes.The BSE Sensex fell 32 points, or 0.04%, to […]
The Finance Ministry’s announcement on the sharp increase in cigarette duties is “clearly negative” for ITC in the short term, Jefferies warned. This signals a significant hit to volumes and profits, even as the company remains positive on the stock.Jefferies describes this move as “a meaningful negative surprise for the legal cigarette industry,” estimating that […]
Equity benchmarks Nifty and Sensex started 2026 on a strong footing, posting gains for the second straight session, driven by sharp rallies in auto, banking and IT stocks even as steep declines in major FMCG names capped the upside.At around 9:45 am, the BSE Sensex rose 220 points, or 0.26%, to open at 85,444, while […]
Shares of Apollo Micro Systems rose 5% to a day’s high of Rs 272.50 on Wednesday, December 31, after the defense-focused company announced new orders worth around Rs 420 crore, including a major contract from a subsidiary of Maharatna PSU Coal India. With today’s rise, the stock is within touching distance of its upper circuit […]
Indian shares closed little changed on Tuesday, with the Sensex and Nifty extending their losing streaks, as thin year-end trading and continued concerns over foreign fund outflows kept investors cautious and volumes subdued.The BSE Sensex fell 20 points, or 0.02%, to close at 84,675.08, while the NSE Nifty 50 fell 3 points, or 0.01%, to […]
Indian shares closed lower on Monday, with Sensex and Nifty paring early gains, as subdued year-end trading volumes and continued foreign fund outflows dampened investor risk appetite, extending the market’s recent losses.The BSE Sensex fell 346 points, or 0.41%, to close at 84,695.54, while the NSE Nifty 50 fell 100 points, or 0.38%, to settle […]
Indian shares opened marginally higher on Monday, with the Sensex and Nifty taking cues from a rally in Asian markets, although gains were limited by lingering concerns over foreign fund outflows and subdued year-end trading volumes. Investors also kept a close eye on new developments surrounding negotiations aimed at ending the war in Ukraine.The BSE […]
Three years ago, few would have expected Asia’s oldest stock exchange to trigger one of the most dramatic turnarounds in Indian capital markets. But since Sundararaman Ramamurthy took charge as managing director and chief executive officer (CEO) in January 2023, BSE shares have returned over fourteen times, creating extraordinary wealth for shareholders.When Ramamurthy took over, […]
Top investor Ramesh Damani on Friday bought 27,500 shares worth Rs 13 crore in a smallcap company, John Cockerill India, in a bulk deal. The promoter, John Cockerill SA, sold over 1.91 lakh shares worth Rs 91 crore.The shares were bought at a price of Rs 4,704.45 each, which was a discount of 1% over […]
