June 15, 2024 New Delhi, India IPO Watch Stanley Lifestyles Limited, a fully integrated luxury furniture manufacturer, is set to launch its initial public offering (IPO) soon. Here are the key details you need to know: IPO Price Band and Subscription Dates Price Band: ₹351 to ₹369 per equity share Face Value: ₹2 per share…
June 4, 2024 New Delhi, India Market Turmoil as Election Results Roll In In a dramatic turn of events, Indian stock markets faced a historic crash on June 4, 2024, as the Sensex plunged by 4,389 points and the Nifty fell by 5.9%. This severe market reaction follows the early results of the 2024 Lok…
June 4, 2024 New Delhi, India Market Plunges Amid Election Uncertainty The Indian stock market experienced a dramatic downturn on June 4, 2024, as early trends from the ongoing election results indicated a tighter race than anticipated. The Sensex dropped by 3,700 points, while the Nifty Index fell to 22,140, erasing the gains from the…
The Indian stock market witnessed a sharp decline on May 30, 2024, driven by volatility on the expiry day of futures and options contracts. The benchmark indices, Nifty and Sensex, both recorded significant losses. Nifty Falls Below 22,500 The Nifty 50 index closed below the crucial 22,500 mark, highlighting a substantial downturn. Investors were cautious,…
May 24, 2024 New Delhi, India NSE-Listed Companies Reach $5 Trillion Market Cap in Record Time The market capitalization of companies listed on the National Stock Exchange (NSE) has reached an impressive $5 trillion, up from $4 trillion in just six months, signaling a robust period of growth for the Indian stock market. Rapid Market…
February 14, 2023 New Delhi, India Investors are eagerly awaiting the third-quarter earnings reports of several major companies as the stock market sees a rebound in indices. After a volatile trading session on February 13, the BSE Sensex surged by 483 points, reaching 71,555, while the Nifty 50 gained 127 points, closing at 21,743. Recovery…
February 13, 2023 New Delhi, India Indian Stock Market Sees Minor Gains Amidst Volatility Market Overview: The Indian stock market witnessed minor gains on February 13, 2024, amidst volatile trading conditions. Both the BSE Sensex and Nifty 50 closed marginally higher, with banking stocks leading the gains while metal stocks faced a decline. Sensex closed…
Febuary 2, 2023 New Delhi, India Positive Global Cues Propel Indian Indices The Indian stock market witnessed a significant surge, with both the Sensex and Nifty 50 hitting record highs on the back of positive global cues and investor optimism following the Union Budget 2024. Global Momentum Boosts Indian Indices Buoyed by better-than-expected earnings from…
January 25, 2023 New Delhi, India BCL Industries In a surprising turn of events, BCL Industries, an FMCG stock in the Indian market, has shown remarkable resilience, posting a 7% gain amidst a broader sell-off. This unexpected surge raises eyebrows, prompting a closer look into the company’s recent performance and strategic moves. Market Overview: Despite…
January 19, 2023 New Delhi, India Hindustan Zinc Q3 Hindustan Zinc, a Vedanta group firm, recently disclosed its financial performance for Q3, revealing a net profit of Rs 2,028 crore. Despite a year-on-year (YoY) decline, the company showcased a promising sequential growth of 17%. Financial Highlights: Net Profit: In Q3, Hindustan Zinc reported a net…
