Benchmark indices pared most of their early losses to trade marginally lower on Thursday afternoon, with the Sensex down 195.10 points or 0.24 per cent to 82,149.58 and the Nifty down 54.30 points or 0.21 per cent to 25,288.45 as of 12:30 pm. The indices opened flat, with the Sensex at 82,368.96 against the previous […]
New-age logistics company Shadowfax Technologies has raised around Rs 850 crore from major investors ahead of its initial public offering (IPO), which opens for subscription on January 20, according to sources familiar with the matter.Domestic institutional investors are believed to have captured a large share of the anchor book, with strong participation from mutual funds […]
Based on the result, the retailer behind the Garage and Dynamite banners now expects comparable sales growth for the 2025 financial year to be between 26.5% and 27.0%. The new guidance for the year ending January 31, compared with previous expectations, was between 25.5% and 27.5%. Groupe Dynamite also raised the lower end of its […]
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U.S. bank stocks fell as much as 4% on Wednesday as investors unpacked quarterly earnings from Bank of America and Citigroup and the proposed 10% cap on credit card interest rates, which is widely seen as having implications for financial institutions.The S&P banking index fell just over 1%. Wells Fargo pushed the U.S. stock market […]
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Investors looking to take advantage of Kotak Mahindra Bank’s upcoming 5:1 stock split should make sure to buy the stock before the close of trading today. The bank has set Wednesday, January 14, 2026 as the record date for determining the list of eligible shareholders entitled to receive the split shares.As part of this corporate […]
Target: ₹480 CMP: €154.55 Camlin Fine Sciences or CFSL’s vanillin plant, which came into operation in January 2023, experienced a lengthy ramp-up phase due to technical issues such as color inconsistency and chlorine contamination, delaying commercial sales until H2-CY24. Now that these problems have been resolved, the focus shifts to structurally tight global markets. Europe […]
Toronto-based Sigma Lithium Corp., which operates lithium mines in Brazil, led the pack, nearly doubling in value in the three months to Dec. 31, 2025. The performance reflected strong execution — net revenues rose 69% quarter-on-quarter and 36% year-over-year — but also reflected investor interest in lithium, a key component in rechargeable batteries essential to […]
Benchmark indices rose on Friday amid a broad-based rally in banking, real estate, metals and auto stocks. The NSE Nifty 50 index hit an all-time high of 26,340 today before closing 182 points or 0.70 percent positive at 26,328.55. BSE Sensex ended 573.41 points or 0.67 percent higher at 85,762.01, after rising over 740 points […]