The shares of Bharti Airtel Limited were trading in green at Rs 768 levels till 111.30 am on Friday. Last week the stock rallied and reached its all-time high of Rs 797. So far this year, the stock has been volatile and gained approximately 11 percent YTD. Prime Minister Narendra Modi is officially going to [...]
Dolly Khanna, a Chennai-based investor, is known for picking lesser-known stocks that tend to outperform in the stock market. Her husband Rajiv Khanna manages her portfolio. As per the latest shareholding pattern, Dolly Khanna publicly holds 26 stocks with a net worth of over ₹ 513 crores. The markets have been volatile this year. Analysts [...]
Sales of residential properties increased 41 per cent to 88,234 units in July-September this year across seven major cities, property consultant Anarock said on Friday. The housing brokerage firm released its quarterly data of seven major cities -- Delhi-NCR, Mumbai Metropolitan Region (MMR), Chennai, Kolkata, Bengaluru, Hyderabad and Pune. As per the data, housing sales [...]
If you are in the market for a life cover, there are various options available to you today. Some of the popular plans in the market are term life covers, ULIP plans, and endowment plans. Each of these plans is different from the other two, and each one may suit a different set of consumers. [...]
Life Insurance Corporation on Thursday announced buying additional stake in speciality chemicals maker Deepak Nitrite to take its overall shareholding in the company to over 5 per cent. The Corporation's shareholding in Deepak Nitrite has increased from 67,88,327 to 68,58,414 equity shares, increasing its stake from 4.977 per cent to 5.028 per cent of the [...]
The shares of Genesys International Corporation Limited opened 4 per cent higher at Rs 546 as against its previous close of Rs 520. In the span of a month, the stock has shed approximately 11 per cent. However, on a YTD basis, the stock has delivered 86 per cent returns. A year ago the shares [...]
Domestic equity market benchmarks BSE Sensex and NSE Nifty 50 ended in the red for the 7th straight session on the day on Thursday. The BSE Sensex fell 188 points or 0.3 per cent to end at 56,410, while NSE Nifty 50 slipped 40.50 points or 0.24 per cent to settle at 16818. Here are [...]
Adani Enterprises Ltd on Thursday said it's three wholly-owned subsidiaries have achieved financial closure for the access-controlled six-lane greenfield Ganga Expressway Project in Uttar Pradesh under public-private partnership mode. The company in a statement said it has secured finances of Rs 10,238 crore from lenders, and the concession period of the project shall be 30 [...]
Benchmark indices failed to hold on to early gains and ended lower for the seventh straight session on Thursday, with the BSE Sensex declining over 188 points amid mixed global market trends. Even after rallying in early trade, the 30-share BSE benchmark fell 188.32 points or 0.33 per cent to settle at 56,409.96. During the [...]
Cement stocks have been on the roll for quite some time now. Many regions in India saw a surge in the cement price in early September which will have a positive impact on the margins of these companies. As the country is ready to transition from the monsoon season to the winters, Analysts remain optimistic [...]
The government has deferred the implementation of the proposal to make six airbags mandatory in passenger cars by one year to October 1, 2023, Road Transport and Highways Minister Nitin Gadkari said on Thursday. The government had earlier planned to make six airbags mandatory in eight-seater vehicles for enhanced safety of occupants from October 1, [...]
India’s third largest telecom service provider, Vodafone Idea (Vi) may lose access to towers from November if it fails to repay dues to Indus Towers. In a big jolt to Vodafone Idea, the latter has issued a stern warning. Over 25 crore users could be affected if Vi fails to pay the dues. Indus Towers [...]
The shares of Amara Raja Batteries Limited have declined marginally and were trading at Rs 485 levels in the early hours on Thursday. In the past five days, the share has shed approximately 5 percent. The company recently announced its plan for backward integration. It has brought forward a scheme of arrangement that will involve [...]
Ambuja Cements, now controlled by billionaire Gautam Adani-led Adani Group, on Wednesday said it has pledged 50.5 per cent shareholding in its subsidiary ACC Ltd as "collateral for loans taken by the company". The company pledged its total 9.39 crore shares of ACC Ltd on September 26, 2022, said a regulatory filing by Ambuja Cements. [...]
The shares of Axis bank limited were trading lower by 1.3 per cent at Rs 727 levels till the afternoon on Wednesday. In the last five days, the stock has shed approximately 10 per cent. Despite the slow performance of the stock, the country’s third largest bank is focused on expanding its business. Recently the [...]
Ahead of Diwali festival, the Union Cabinet on Wednesday increased the dearness allowance (DA) and dearness relief by 4 per cent effective July 1, 2022, benefiting 41.85 lakh central government employees and 69.76 lakh pensioners. The additional instalment of DA and dearness relief (DR) is an increase of 4 per cent over the existing rate [...]
Suzlon Energy on Wednesday announced opening of its Rs 1,200 crore rights issue on October 11, 2022. "Suzlon Energy Ltd announces the opening of its Rs 1,200 crore rights issue on October 11, 2022," a company statement said. According to the statement, the company will issue up to 2,40 crore partly paid-up equity shares for [...]
Benchmark indices ended nearly 1 per cent lower on Wednesday, tracking a weak trend in global markets and continuous foreign fund outflows. The 30-share BSE Sensex fell 509.24 points or 0.89 per cent to settle at 56,598.28. During the day, it tanked 621.85 points or 1.08 per cent to 56,485.67. Similarly, the broader NSE Nifty [...]
The Nifty IT index advanced in a weak market on Wednesday and was up 1.09 per cent at 27162.00 points. Meanwhile, the Nifty 50 was down 0.079 per cent. Most IT shares were trading in the green. MPhasis (up 1.83 per cent), L&T Technology Services (up1.61 per cent), Tata Consultancy Services (up 0.77 per cent), [...]
The shares of Indian Hotels Company Limited were trading marginally lower at Rs 326 levels till 12 pm on Wednesday. In the past month, the stock has zoomed by approximately 16 per cent. In the past six months, the stock has delivered a 40 per cent return and so far this year in 2022, it [...]
