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September 11, 2024 New Delhi, India Stock Market Today On Wednesday, September 11, 2024, Indian equity markets ended in the red, with the BSE Sensex falling 398.13 points or 0.49% to close at 81,523.16 and the NSE Nifty50 dropping 122.65 points or 0.49% to end at 24,918.45. The markets were dragged down by weak global…
September 11, 2024 New Delhi, India IPO News Tolins Tyres’ Initial Public Offering (IPO) opened on September 9 and closes today, September 11. The company aims to raise approximately ₹230 crore through the IPO, which is set to be listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). Key Highlights of…
September 11, 2024 New Delhi, India Tata Motors Shares Shares of Tata Motors dropped nearly 5% in early trading on September 11, making it one of the top losers on the Nifty 50. This decline follows a report from brokerage firm UBS Securities, which reiterated a “Sell” recommendation on Tata Motors, citing potential downside risks….
September 11, 2024 New Delhi, India Gold Prices Gold (XAU/USD) extended its upward move for the third consecutive day on Wednesday, rising from the $2,485 region to reach a fresh weekly high during the early European session. The precious metal is currently hovering around the $2,525-$2,526 supply zone, with bulls looking to build on this…
September 11, 2024 New Delhi, India On September 6, Aditya Birla Group chief Kumar Mangalam Birla acquired 1.86 crore shares of Vodafone Idea Ltd., according to official data. This move comes on a day when Vodafone Idea shares fell over 11%, following a “sell” rating from brokerage firm Goldman Sachs, which set a price target…
September 11, 2024 New Delhi, India USDINR Today The Indian Rupee (INR) remained stable against the US Dollar (USD) on Wednesday, trading around the 84.00 level amid growing speculation of potential interventions by the Reserve Bank of India (RBI) in the foreign exchange market. Traders believe the RBI may step in to support the INR…
September 11, 2024 New Delhi, India Namo eWaste Management Ltd Namo eWaste Management Ltd made a stellar debut on the NSE SME platform today, with its share price opening at ₹161.50, a 90% increase over the IPO price of ₹85. The strong market debut reflects the company’s robust IPO subscription rate of 225.64 times and…
September 10, 2024 New Delhi, India HG Infra Shares Shares of HG Infra Engineering Ltd. rose by over 7% to ₹1,575 per share on September 10 after the company announced it had won a major ₹781 crore contract from the Ministry of Road Transport and Highways (MoRTH). The contract involves upgrading a 10.63 km stretch…
September 10, 2024 New Delhi, India Shares of snack companies Bikaji Foods, Gopal Snacks, and Prataap Snacks experienced significant gains on Tuesday, following a reduction in Goods and Services Tax (GST) on extruded namkeen snacks. The government announced the GST rate cut in the 54th GST Council meeting. Stock Movements: Bikaji Foods: Share price increased…
September 10, 2024 New Delhi, India USDINR The Indian Rupee (INR) held its ground against the US Dollar (USD) on Tuesday, with traders speculating that the Reserve Bank of India (RBI) intervened in the forex market to prevent the domestic currency from weakening past the 84.00 mark. The INR’s stability comes amid a broader market…
