Stock market updates LIVE: India’s benchmark indices erased initial losses and were trading slightly higher in morning trading in the volatile session on Thursday, ahead of the expiration of weekly options. The S&P BSE Sensex was trading around 51,450 levels, up 150 points, while the broader Nifty50 index hovered around …
Read More »Sensex can exceed 100k in 5 years as reforms take hold
Strong foreign liquidity flows fueled by ultra-lax policies at global central banks catapulted the BSE Sensex past 50,000 on Thursday. A revival of earnings growth and structural reforms may push the index to the 100,000 mark in the next five years, or even sooner, market experts said. “Basically, if you …
Read More »LIVE MARKET: Indices fall in volatile session; HDFC twins drag
Live Market updates: Indian markets extended losses in midday trading from Wednesday’s volatile session ahead of the December series derivatives contracts expiring tomorrow. The S&P BSE Sensex hovered around 47,530 levels, 80 points less. The index reached a high and low of 47,808 and 47,358, respectively. The broader Nifty50 index …
Read More »LIVE MARKET: Indices Hold Near Record; Sensex earns 300 points
LIVE updates: Indian markets parked near their new record, scaled in early deals Monday amid positive global signals after US President Donald Trump signed a $ 2.3 trillion aid and spending bill pandemic. Additionally, the UK’s historic trade deal with the European Union also helped investor confidence. Among the major …
Read More »Ms. Bectors Ends Her Initial Public Offering with 199 Times Subscription; highest in 2020
Mumbai: Mrs Bectors Food Specialties Ltd, a premium bakery and biscuit company in North India, became the most successful initial public offering (IPO) of 2020, attracting offers for almost 199.41 times the number of shares on offer, they showed the stock market data. Ms Bector’s underwriting figures outperformed Mazagon Dock …
Read More »LIVE MARKET: Sensex earns 100 points in pre-open, Nifty tests 13,800
looks set for a flat-to-negative start today, with the SGX Nifty trading at 13,676 levels, six points down, at 7:30 am, despite positive global signals. The derivative’s weekly expiration could keep major indices volatile, although investors are likely to go for a specific set of stocks amid the lack of …
Read More »LIVE MARKET: Record Indices; Sensex rises 200 points, Nifty exceeds 13,600
Indian markets climbed to new record highs on Wednesday, following strong gains in Asian indices. The S&P BSE Sensex rose 240 points, or 0.5 percent, to 46,500 levels. The index reached an intraday high of 46,592. Meanwhile, the wider Nifty50 topped the 13,650 mark. Mahindra & Mahindra was up 3 …
Read More »Majesco hits record when Co’s board approves an interim dividend of Rs 974
Majesco shares hit a new record high of 1,019 rupees, a 5 percent increase against BSE in Tuesday morning trading after the company said its board approved the payment of interim dividends at a rate of 19,480. per cent, or Rs 974 per share. of face value of Rs 5 …
Read More »MARKET WRAP: Sensex Finishes 139 Points Higher in Volatile Trades; ONGC earns 5.5%
(Photo: Kamlesh Pednekar) The domestic stock market ended Friday’s volatile session on a positive note amid healthy purchases in financial stocks, oil and gas, metals and consumer goods. The benchmark S&P BSE Sensex index ended at 46,099, an increase of 139 points or 0.3 percent, while the NSE NIFty ended …
Read More »UPL tanks 15% in complaint of whistleblowers; BSE seeks clarification
Shares of UPL fell 15 percent to 416 rupees on the BSE in intraday trading on Thursday, in large volumes, following a media report saying whistleblowers claimed the company’s promoters diverted money. Clarifying the news report, UPL has said that the company believes there is a sustained campaign to smear …
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