The bullish run of ITC shares remains unabated as they rose nearly 2 per cent in morning trade to hit their fresh 52-week high of ₹442.50 on BSE on Thursday (May 25), looking set to extend its winning streak into the fifth consecutive session. On a monthly basis, ITC shareRead More →
NEW DELHI : In its efforts to crack down on suspicious trading, Securities and Exchange Board of India (Sebi) on Thursday said that anyone or any group reaping frequent and inexplicable profits or abnormal gains in the securities markets could be deemed violators of India’s security laws, unless the entityRead More →
Shares of Devyani International rose over 5 per cent in morning trade on BSE on May 18, even as a day ago the company reported a fall in its net profit for the March quarter of FY23. The company, which is the largest franchisee of KFC and Pizza Hut inRead More →
Key equity indices the Sensex and the Nifty ended lower on May 16 on profit booking in select heavyweights, including HDFC twins and Reliance Industries (RIL) amid mixed global cues as investors expect the deadlock over the US government’s borrowing limit to end soon. US stock futures and European marketsRead More →
Frontline indices the Sensex and the Nifty ended about half a per cent higher on May 15, extending their gains into the second consecutive session, on all-round buying amid positive global cues. Sensex rose 318 points, or 0.51 per cent, to end the day at 62,345.71 while the Nifty closedRead More →
The index hit its all-time high of 18,887.60 on December 1, 2022. Analysts believe if the uptrend sustains, the benchmark index can hit an all-time high level by the next month. Read more: Nifty Predictions for May: Can Nifty hit an all-time high in May? Here’s what top technical analystsRead More →
Nifty hit its all-time high of 18,887.60 on December 1, 2022. At present, it is near 18,300 and technical analysts believe if the uptrend sustains, the benchmark index can hit the all-time high level by the next month. We talked to several technical analysts to understand what could be theRead More →
A Congress win in Karnataka is unlikely to have any major impact on the domestic market sentiment which has been witnessing positive momentum of late because of sustained capital inflow by foreign investors, broadly in-line March quarter earnings and healthy macroeconomic indicators. As Mint reported earlier, the Congress is likelyRead More →
“We do not perceive direct ordering as a major concern for the industry. However, we see ONDC as a potential threat to Zomato only if it meaningfully scales up across categories, allowing it to achieve greater efficiency compared to the walled gardens. At its current scale, we do not haveRead More →
New Delhi: JSW Infrastructure, the ports business of the JSW Group, on Wednesday filed a draft red herring prospectus with the Securities and Exchange Board of India (Sebi) for its initial public offering (IPO). “The ports business of Sajjan Jindal-led JSW Group plans to raise up to ₹2,800 crore throughRead More →
