Benchmark indices are in the red these days. The BSE Sensex has shed 15.23% since it reached its 52-week high of 62245.43 points. It is currently trading at 52762 levels. Further, the NSE Nifty has also slipped 15.30% from its 52-week high of 18.604.45 points. It is currently trading at 15758 levels. The markets are [...]
The shares of UltraTech Cement Ltd., the largest producer of grey cement, ready-mix concrete and white cement were trading near their 52-week low. As of 13:20 IST, the stock of the Aditya Birla Group was exchanging hands at ₹ 5,456 per share. It has lost almost 30% of its value since the start of the [...]
Minda Industries, a mid-cap auto-ancillary company has announced 8th July as the record date for the bonus share issue and final dividend of the shares. Therefore, to be eligible for the same an investor will have to purchase the stock before the 7th of July. The board has recommended a 1:1 bonus share and a [...]
Benchmark indices are marginally higher today after a bloodbath in yesterday’s session. The thirty-share index is hovering at 52,988.11 points, up 0.27%, while the fifty-share index is trading at 15822.50 levels, up 0.30%. Investors are worried about inflation and interest rate hikes by central governments, along with unrelenting foreign fund outflows. Many investors find it [...]
NIFTY50 opened in uncertainty on Tuesday after falling 2.40% in its previous trading session. The fall has been attributed to multiple factors such as interest rate hikes by the central banks around the world, rising Covid cases, high inflation and a weakening Rupee. Further, the losses spread to leading large-cap stocks as well as two [...]
Hindustan Motors has been hitting the upper circuit for the last 11 trading sessions over the news of its comeback. The shares of the carmaker have climbed 133% in the last month and 187% over the last year. As of 10:00 IST, the stock was trading at ₹ 25.50 per share. As per the developments, [...]
Bitcoin has broken the key support level of $28,500 on Saturday and has dropped to a new low this year. BTC is down by 20% in the past six days and is currently trying to gain the support of near $24,000. The sudden trigger for the crypto crash appears to be a massive selling by [...]
The shares of Adani Green and Adani Transmission were holding strong against the general decline in the markets. Adani Green was trading at ₹ 1,782 or 1.40% up as of 13:10 IST. Similarly, the power distribution arm of the energy to oil conglomerate climbed 1.15% to touch ₹ 2,075 per share. Contrast this with the [...]
We’re almost six months into the calendar year 2022 and equity benchmark indices continue to fall. Investors tread cautiously amid soaring inflation and rising rates. Commodity prices have escalated and supply chains are disrupted around the world. Domestic equity benchmarks opened gap-down on Monday, with the Nifty at 15789.50 levels and the Sensex at 52866.36 [...]
The shares of Bajaj Finance, the lending arm of Bajaj Finserv Ltd. declined more than 5% today in the early hours of the trading session today to reach their new 52-week low of ₹ 5,355. The broader markets remained under pressure as the benchmark NIFTY50 index shed 413 points or 2.55% and was trading at [...]
