Equity benchmarks fell on Friday after a continuous rally, with the Sensex and Nifty declining over 1 per cent each amid profit-taking and weak global market trends. The 30-share BSE Sensex, which had started the trade on a firm note, later gave up all the early gains and ended 651.85 points or 1.08 per cent [...]
The shares of Tata Chemicals surged 5.71% on Friday’s early trades to reach a fresh all-time high of ₹1182.40 apiece on the Bombay Stock Exchange (BSE). The company recently reported strong results for the June quarter. Tata Chemicals posted overall revenue at ₹ 3995 crores in Q1FY23, up 34% year-on-year, led by strong performance across [...]
American Balanced Fund on Thursday offloaded 2.9 crore shares of real estate investment trust Embassy Office Parks REIT for Rs 1,046 crore through an open market transaction. According to the bulk deal data available with BSE, American Balanced Fund sold 2,92,62,468 shares of the company. The shares were disposed of at an average price of [...]
Equity benchmark Sensex ticked higher for the fifth straight session on Thursday, helped by fag-end buying in select blue-chip stocks amid a largely negative trend in global markets. A depreciating rupee and rising crude prices in the international market capped the gains in domestic equities, traders said. In a largely choppy session, the 30-share BSE [...]
Ace Investor Radhakishan Damani’s supermarket chain Dmart (Avenue Supermarts Ltd) plans to boost its store count five-fold. The retail chain plans to grow its market share and compete with the likes of Mukesh Ambani’s Reliance Retail Ltd. which is expanding aggressively. In addition, it is planning to scale up its online business, Dmart Ready. Avenue [...]
Britain's rate of inflation has surged to a new 40-year high as the Consumer Prices Index (CPI) rose to 10.1 per cent on Wednesday, with increasing food costs the biggest driver of the latest hike. According to the Office for National Statistics (ONS), annual inflation for essential food items is now running at 12.7 per [...]
The value of the foreign portfolio investors (FPI) holdings in the domestic equities dropped 14 per cent to USD 523 billion in the three months ended June 2022 from the preceding quarter, according to a Morningstar report. This was the third consecutive quarterly decline in the value of FPIs' investments in Indian equities. Foreign investors [...]
On Friday, Tata Exlsi limited became the first Tata group stock that crossed the 10k mark. In the early trading session on Friday, the stock opened at Rs 9,727 and spiked by 3% to reach its new levels of Rs 10,040. The rally continued on Tuesday, as the shares opened at Rs 10,438 and zoomed [...]
The shares of Singer India rallied more than 19% in the early hours of trading on Wednesday. As of 10:32 IST, the stock was trading at ₹ 80.75 per share, up 16.85% for the day. In its previous trading session, the stock had its upper circuit. Cumulatively, it has given a return of more than [...]
The shares of the oldest mutual fund in India, UTI Asset Management Company Ltd opened at Rs 779 on Tuesday up 4% from its previous close of Rs 749.80. Till 12 pm the stock had scaled by more than 15% and was trading at Rs 864. The stock has climbed by more than 32% in [...]
