Shares of Tejas Networks rose as much as 15% to hit an intraday high of Rs 503 on the BSE on Monday, marking their fourth straight session of gains. With today’s rally, the stock has seen an impressive 60% increase over the same period.Volumes were strong in today’s session as shares of Rs 7 crore […]
India’s benchmark indices – the Nifty and the BSE Sensex – ended sharply lower on Friday, driven by broad selling pressure. Auto, financial services and FMCG stocks were among the top laggards, while the IT sector witnessed selective buying.In a volatile trading session, the broader Nifty fell 317.90 points, or 1.25%, to close at 25,178.65. […]
India’s major indices Nifty and Sensex closed largely unchanged on Thursday as selling pressure on financial stocks limited gains in auto and FMCG stocks. HDFC Bank, which has the highest weightage in Nifty after Reliance Industries (RIL) emerged as the biggest laggard. The broader Nifty rose 14 points, or 0.06%, to close at 25,496.55, while […]
Shares of Tejas Networks rose 10% on Thursday, reversing a four-session losing streak. The stock hit an intraday high of Rs 349 on the BSE after the company signed a major deal with NEC Corporation for manufacturing and supplying massive 5G MIMO radios.MIMO (Multiple-Input Multiple-Output) is a wireless technology that increases data speed and signal […]
The Indian market ended higher on Wednesday, with Sensex and Nifty extending their gains from the previous day, after a landmark trade deal between India and the European Union lit the flames of risk appetite and pushed the benchmark indices deeper into record territory. A supportive global backdrop amplified this move, causing investors to rush […]
Indian shares closed higher on Monday, with the Sensex and Nifty breaking a five-session losing streak after a late afternoon recovery, as investors took comfort from signs of renewed engagement between New Delhi and Washington on trade. The initial losses eased sharply after the incoming US ambassador to India said the two sides would begin […]
The Indian market ended Thursday’s session in green after both the Sensex and Nifty briefly hit new all-time highs before paring back gains at the end of the day. Optimism around possible US and domestic interest rate cuts next month continued to support risk appetite and attract new purchases.The S&P BSE Sensex rose 110.87 points, […]
The stock markets closed on a decline as Nifty indices failed to survive above the key threshold of 26,000. Investor sentiment remained cautious, anticipating the risk of major events such as delays in the finalization of the US-India interim trade deal.The Sensex ended the session down 331 points or 0.39% at 84,900.71, and the Nifty […]
Tata Group investors have little to celebrate this year. As boardroom infighting within Tata Trusts comes to light, shares of major group companies have fallen sharply from their all-time highs, with Tata Motors down 42% and Tata Consultancy Services (TCS) down 33%, taking the group’s combined market value down by Rs 4.56 lakh crore by […]