Topics: Nifty

Stock Market Slips as Global Markets Remain Uncertain, BSE IT & Reality Bucks the Trend; Investors Eye Q4FY23 Results

Indian equity markets witnessed a slight correction this week, with both the Nifty-50 index and the BSE-30 index declining by approximately 1%. The dip...

Share Market Update: Stock Market loses steam, ahead of US Fed’s rate-setting meeting

Stock Market lost steam after eight sessions of gains as select profit-taking in banking, metals and IT stocks ahead of the US Fed's rate-setting...

Stock Market: Energy, Banking stocks appear attractive, while Auto and BFSI underperform

The Nifty medium setup continues to remain positive with buying on dips advisable. This sentiment is further bolstered by weekly support currently placed at...

Nupur Recyclers Limited IPO to open on Dec 13

Nupur Recyclers, a leading metal recycling and processing industry, has today announced that its Initial Public Offering (IPO) of 57,00,000 shares will be open...

Geojit partners with Lotusdew to launch small, mid-cap basket using AI

Geojit Financial Services has announced its partnership with Loctusdew to launch small, mid-cap stock baskets that use behavioral finance and AI to identify dominant...

NHPC raises Rs 1500 crore through bonds

Public listed hydropower company National Hydroelectric Power Corporation Limited (NHPC) has raised Rs 1,500 crore through issuance of non-convertible taxable bonds." In a filing with...

Power Finance Corporation secures $500 mn through notes

Power Finance Corporation (PFC) has raised $500 million through the issuance of notes. In a filing with the exchange, PFC said, "It launched the issuance...

Man Industries receives order worth Rs 250 crore

Pipe manufacturing company, Man Industries on Tuesday, said, "It has received an order worth of Rs 250 crore which is to be executed over...

NSE launches derivatives on Nifty Financial Services Index

The National Stock Exchange (NSE) on Monday announced the launch of derivatives on the Nifty Financial Services Index. NSE in its statement said, "It has...

HDFC Ltd in Rs 45,000 crore cash hunt

Private sector lender, Housing Development Finance Corporation Ltd (HDFC Ltd) on Monday said, "It is planning to raise up to Rs 45,000 crore through...

HDFC Bank records 25% increase in deposits at Rs 11,895 crore

An India-based private lender, HDFC Bank on Sunday, recorded an increase of 25 percent in its Q1 FY21 deposit at Rs 11,895 crore as...

Muthoot Finance plans for a stock split

Muthoot Finance on Friday said, "It is planning to consider a sub-division/stock split of equity shares." In a filing with the stock exchange, the company...

Axis Bank to suspend UK subsidiary

Leading private sector bank, Axis Bank on Thursday announced its plan to shut down its UK subsidiary. In a filing with the exchange, the bank...

Tata Power Board approves to raise Rs 2,600 crore from its promoters

Leaders in Power Utility company, Tata Power on Thursday said, "Its board has approved a proposal to raise Rs 2,600 crore through issuance of...

JSPL to divest 100 percent stake of Oman-based subsidiary for $1 billion

Jindal Steel and Power Ltd (JSPL) has announced plans to sell its Oman-based subsidiary for over $1 billion (approx Rs 7,500 crore). In a statement...

HUDCO records 87 percent increase in Q4 profit at Rs 440.91 crore

State-run finance provider HUDCO on 26 June reported an 87 percent increase in its consolidated net profit to Rs 440.91 crore for Q4. In a...

Glenmark Pharma records 36.28% increase in Q4 profit at Rs 220 crore

Mumbai-based drugmaker Glenmark Pharma on Friday said, "It has reported a 36.28 percent increase in its consolidated net profit to Rs 220.3 crore in...

Increasing Cases and United States ‘Carousel Retaliation’ spooks risk sentiment

The risk sentiment was souring as US trade representatives had proposed imposing tariffs on USD 3.1bn of imports from France, Germany, Spain, and the...

Metropolis Healthcare promoter divested 6.03 percent shares for Rs 422.58 crore

Mumbai-based diagnostic company Metropolis Healthcare has said, "Its promoter has divested 6.03 percent shares in the company for Rs 422.58 crore." In a filing with...

Piramal Enterprises to raise Rs 2,590 crore via NCDs

Mumbai-based healthcare company Piramal Enterprises said, "Its board has approved raising to Rs 2,590 crore through issuance of secured non-convertible bonds on a private...

Singapore government acquires 164,30,820 shares of ICICI Prudential Life

The government of Singapore has acquired 1,64,820 equity shares (representing 1.14 percent of paid-up capital) of ICICI Prudential Life Insurance Company. According to the bulk...

Market Analysis by Abhishek Goenka: Global Risk sentiment holds positive

Overall global risk sentiment was positive heading into the weekend with China reaffirming its commitment to adhere to the one phase trade deal with...

Arvind Fashions revises the plan, Will raise Rs 399 crore through rights

Leaders in textile manufacturing Arvind Fashions on Sunday said, "It has revised the amount of capital it plans to raise through the right of...

Tata Power bags order from MSEDCL to develop Solar Project in Maharashtra

Leaders in power utility company Tata Power on Friday said, "Its subsidiary Tata Power Renewable Energy Limited (TPREL) has received an order from Maharashtra...

Indian Hume Pipe secures Rs 235 crore deal from Uttar Pradesh Government

India-based concrete pipe maker Indian Hume Pipe has secured Rs 234.91 crore order from the Uttar Pradesh government. In a filing with the exchange, Indian...

Market Analysis: Focus will be on the Bank of England MPC meeting

Levels across currencies are pretty much unchanged overnight. Focus today will be on the Bank of England policy. While it is expected to leave...

IDFC First Bank secures Rs 2,000 crore through allotment of preferential shares

Mumbai-based IDFC First Bank has raised nearly Rs 2,000 crore by issuing shares on a preferential basis to its promoters and others. In a filing...

IDFC Group sells 100 percent stake in IDFC Securities for Rs 86 crore

Private lender IDFC Group on Thursday announced, "It has completed the 100 percent equity stake help in IDFC Securities Ltd for Rs 86 crore." In...

CEAT records 19.58% fall in Q4 net profit

Leaders in typer making CEAT has recorded a sharp 19.58 percent decline in consolidated net profit at Rs 51.72 crore in March quarter-end. In a...

Piramal Enterprises to raise Rs 500 crore through NCDs

Piramal Enterprises on Wednesday said that "Its board has approved the proposal to raise to Rs 500 crore through issuance of secured NCDs on...

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