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Sensex rebounds 196 pts, Nifty above 11k on fall in crude oil price

4 hours ago

Business / Business Today/ Markets

Sentiment got a boost after global crude oil prices dropped by over 4 per cent yesterday owing to oversupply fears, helping the rupee to strengthen against the dollar, brokers said...

HDFC AMC to launch IPO on July 25, price band fixed at Rs 1,095 to 1,100 per share

4 hours ago

Business / Business Today/ Markets

The IPO will open for subscription of anchor investors on Tuesday, July 24, 2018. The minimum bid lot for the IPO has been fixed at 13 equity shares and applications may be made in multiples of 13 equity shares thereafter...

Why Federal Bank stock closed over 19% higher today

5 hours ago

Business / Business Today/ Markets

The bank's provisions for bad loans fell 15.77% to Rs 199.15 crore in Q1 compared to Rs 236.44 crore in the corresponding period of last fiscal. On a quarter-on-quarter basis, these declined 46.4% from Rs 371.53 crore. The bank's net interest income rose by 22.4% year on year (YoY) to Rs 980 crore in Q1...

Why HUL stock became top Sensex loser today after Q1 net profit met estimates

9 hours ago

Business / Business Today/ Markets

It fell despite strong earnings as some brokerages downgraded their target price citing the expensive valuations of the stock. The stock opened at 1770 level on the BSE compared to Monday's close of 1753.85 on the BSE...

Sebi extends time to collect PAN, bank details of securities holders

10 hours ago

Business / Business Today/ Markets

The regulator, in April, had said that issuer companies through their RTAs would have to take special efforts to collect copy of PAN (Permanent Account Number) and bank account details of all securities holders holding securities in physical form...

Why PC Jeweller stock fell over 22% in trade today

yesterday

Business / Business Today/ Markets

On May 10, 2018, the PC Jeweller board announced a share buyback worth Rs 424 crore, at a price of Rs 350 per unit, 67 percent higher than the closing price of Rs 209 on previous day...

Reliance Industries market cap breaches Rs 7-lakh crore level for first time

4 days ago

Business / Business Today/ Markets

The RIL stock surged past the 1,100 mark to hit an all time high of 1107.25 level, taking the market capitalisation of Mukesh Ambani-owned conglomerate to Rs 7,01,404 crore (over $102 billion) on BSE...

Sensex rises 282 points to record high, Nifty closes above 11,000 as Reliance Industries rises up to 6%

5 days ago

Business / Business Today/ Markets

The Nifty ended above 11, 000 level for the first time since February 1 and is now 2% away from record highs. Sensex hit all-time high of 36,699 intra day after opening at 36,424 level...

Sensex hits all-time high, Nifty trading above 11K level; RIL, SBI, IndusInd Bank top gainers

5 days ago

Business / Business Today/ Markets

At 9:58 am, the Sensex was trading 258 points higher at 36,523 level with Nifty rising 75 points to 11,023 level. On January 29, Sensex and Nifty reached all time high levels of 36,443 and 11,171 levels, respectively on expectations from Union Budget and optimism over Q3 earnings...

TCS stock hits life-time high after Q1 net profit beats street estimates

6 days ago

Business / Business Today/ Markets

The earnings were announced after market hours on Tuesday. The TCS stock closed 0.56 per cent lower at Rs 1,877 on the BSE. The stock gained after two consecutive days of decline today. The stock hit its life-time high level of 1,930 on July 9, 2018 and succumbed to profit booking before it erased losses to hit an intra day and fresh life time high of 1935 level in trade today...

Why Reliance Industries stock closed over 3% higher today

7 days ago

Business / Business Today/ Markets

The market capitalisation of India's second-largest firm in terms of M-cap rose to Rs 6,49,956 crore. The stock rose amid reports that brokerage Credit Suisse has initiated coverage and gave a target price of Rs 1,180 assigning 'outperform' rating for the share of Mukesh Ambani-owned conglomerate...

Sterlite Technologies stock closes 8.62% higher on deal for buying Italian optical cable firm

8 days ago

Business / Business Today/ Markets

The stock closed 8.62% or 25 points higher at 315.05 level on the BSE. The stock which closed at 290 level on Friday opened at 296 level and rose to hit an intra day high of 319.80 on BSE...

TCS stock hits all-time high on Q1 earnings outlook

11 days ago

Business / Business Today/ Markets

The stock closed 1.68% or 31 points higher at 1913 level on the BSE. The firm will announce its Q1 earnings on July 10, 2018...

Titan Company stock falls nearly 6% on expectations of muted growth in Q1

12 days ago

Business / Business Today/ Markets

The stock opened with a loss of 2.07%. It has been falling for the last three days and lost 6.08% during the period. The stock which closed at 887.40 level yesterday fell 5.74% intra day to 836.40 level in today's trade...

Shriram Transport Finance stock recovers, hits three-month high

12 days ago

Business / Business Today/ Markets

The stock plunged up to 18% on Wednesday after Shriram Transport Finance's annual report mentioned a Rs 870-crore corporate guarantee which the firm provided to its unlisted entity SVL Ltd...

Why Shriram Transport Finance stock fell nearly 18% today

13 days ago

Business / Business Today/ Markets

The stock which opened at 1,225 fell 17.89% to an intra day low of 1,066.10 level on the BSE. The stock closed at 1298 level yesterday...

Fortis Healthcare stock closes 6.85% higher after IHH Healthcare submits fresh binding offer

14 days ago

Business / Business Today/ Markets

IHH today issued a letter to board of Fortis setting out a binding offer, which supersedes and replaced enhanced revised proposal...

Sensex, Nifty close flat; RIL, Infosys, Bajaj Auto top gainers

4 days ago

Business / Business Today/ Markets

While the Sensex closed 6 points lower to 36,541 level, the Nifty fell just 4 points to 11,018 level. The Sensex gained 282.48 points on Thursday and closed at a record high of 36,283.25 after crude oil prices posted their biggest one-day drop in two years and robust start of the earnings season...

HCL Technologies announces Rs 4,000-cr share buyback plan, stock falls nearly 2%

4 days ago

Business / Business Today/ Markets

Shares of HCL Technologies closed 1.03 per cent higher on the BSE to Rs 1,005.3 on Thursday. The buyback was announced after market hours yesterday. The buyback price translates into a 9.4 per cent premium over Thursday's closing price of HCL Tech shares...

Reliance Industries re-enters $100-billion market capitalisation club after 11 years

5 days ago

Business / Business Today/ Markets

The Reliance Industries stock rose to its intra day high of 1091 level, a rise of 5.27% from previous close. Its market capitalisation rose to Rs 6,88,766 crore on the BSE...

IPO corner: How stocks have fared post their market debut in 2018

6 days ago

Business / Business Today/ Markets

These firms' market value has taken a hit due to lack of interest from retail investors, qualified institutional investors, and anchor investors keeping participation in the issue to the minimum...

HDFC group m-cap crosses Rs 10 lakh crore, only second after Tatas

7 days ago

Business / Business Today/ Markets

Deepak Parekh-led financial services conglomerate HDFC group today saw the market capitalisation of its listed firms cross Rs 10 lakh crore mark, making it only the second Indian business house after Tatas to achieve this feat...

Xiaomi's weak debut signals trouble for upcoming Hong Kong tech listings

7 days ago

Business / Business Today/ Markets

A packed initial public offering (IPO) calendar in the coming months will include a $4 billion deal from online food delivery-to-ticketing services platform Meituan Dianping and an up to $10 billion IPO from China Tower, the world's largest mobile tower operator...

Voltas rises over 2.5% after Goldman Sachs, others get bullish on stock

8 days ago

Business / Business Today/ Markets

The brokerage in a note said, "Voltas currently trades at 23 times FY20E earnings per share. The stock presents an appealing opportunity to add to positions as we expect it to bounce back while we cut estimates and target price (-8.6%), still see 22% upside from current levels (target price Rs 640)"...

Varroc Engineering makes strong listing on bourses, stock rises over 5%

11 days ago

Business / Business Today/ Markets

The issue was subscribed 3.59 times on June 29, the last day of the IPO. Bids for 5,09,62,695 shares were received against the total issue size of 1,41,85,212 shares, data showed...

Why Tata Motors stock fell to over five-year low today

12 days ago

Business / Business Today/ Markets

At 12:17 pm, the stock fell 2.73% or 7.20 points to 259.80 level. It hit over five year low of 252.55 level intra day, lowest since April 2013. The stock was the among the top Sensex losers in morning trade. The stock has been falling for the last two days and is down 3.64% during the period...

BSE delists 222 companies: Here's all you need to know

13 days ago

Business / Business Today/ Markets

Investor holding value of around Rs 78 lakh (based on data available for 173 companies) will meet its fate in this exercise...

Govt keeps interest rates on small savings schemes unchanged

13 days ago

Business / Business Today/ Markets

"...the rates of interest on various small savings schemes for the second quarter of financial year 2018-19 starting July 1 and ending on September 30, 2018 shall remain unchanged from those notified for the fourth quarter of financial year 2017-18," the Finance Ministry said while notifying the rates for the second quarter...

BSE to delist 222 companies tomorrow

14 days ago

Business / Business Today/ Markets

In August last year, Sebi had directed exchanges to act against 331 suspected shell companies, while the government has already deregistered more than 2 lakh firms that have not been carrying out business activities for long...

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23 hours ago

Shopping / Amazon/ Ties

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PVR, Inox fall over 10% after Maharashtra govt allows outside food in multiplexes

4 days ago

Business / Business Today/ Markets

Maharashtra government on Friday clarified that there is no restriction on taking food articles from outside multiplexes and consuming them in the multiplexes...

Sensex hits fresh high of 36,740, Nifty at 11,057; Wipro, RIL, Infosys top gainers

4 days ago

Business / Business Today/ Markets

The Sensex hit a fresh life-time high of 36,740 in trade today compared to 36,699 level which the index touched in intra day trade yesterday. The Nifty was trading nearly 100 points lower from its all time high of 11,171 level reached on January 29, 2018...

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yesterday

Shopping / Amazon/ Ties

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OMCs, airlines stocks rise as brent crude price falls to two-year low

5 days ago

Business / Business Today/ Markets

US crude oil prices too fell 5% to $70.38 a barrel - their worst one-day fall in a year. The fall follows a months-long rally that saw oil prices rising to record highs in recent years...

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4 hours ago

Shopping / Amazon/ Ties

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Why IDBI Bank stock has gained more than 16% in two days

6 days ago

Business / Business Today/ Markets

At 10:51 am, the stock was trading 6.58% or 3.50 points higher at 56.70 on BSE. On Tuesday, the stock rose 9.02 per cent to close at Rs 53.20 on BSE. Intra-day, it jumped 14.34 per cent to Rs 55.80 on Tuesday when reports about the open offer poured in. On NSE, shares of the company zoomed 9.32 per cent to end at Rs 53.35...

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Amazon Bestseller: #1: Michelangelo Men's Microfibre Slim Tie (Black)

2 days ago

Shopping / Amazon/ Ties

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Sensex rises 304 points, Nifty closes at 10,947; RIL, YES Bank, Coal India top gainers

7 days ago

Business / Business Today/ Markets

The Sensex and Nifty remained above their key levels of 36,000 and 10,900 throughout the session, indicating robust investor optimism after a prolonged lacklustre spell...

Sensex rises to five-month high, Nifty at 10,852 level; Vedanta, Asian Paints, YES Bank top gainers

8 days ago

Business / Business Today/ Markets

Confluence of global stability, a sense that the rupee has bottomed and current valuations (of stocks) are holding the market up," said Harendra Kumar, Managing Director at Elara securities...

Fund-raising via IPOs rises to Rs 23,670 crore in H1 2018

8 days ago

Business / Business Today/ Markets

During January-June this year, 18 companies have collectively raised Rs 23,670 crore through their respective IPOs, which is higher than Rs 12,000 crore garnered by 13 issuers in the first six months of 2017, according to an analysis of data available with the stock exchanges...

Sensex falls 70 points, Nifty closes below 10,750; Infosys, Vedanta, Tata Steel top losers

12 days ago

Business / Business Today/ Markets

"Investors are more circumspect about everything. Trade war-related issues can possibly pose nasty surprises if they are not reined in properly," said Deven Choksey, founder, KR Choksey Investment Managers...

Reliance Industries stock crosses 1,000 level before 41st AGM begins

12 days ago

Business / Business Today/ Markets

The annual general meeting will begin at 11 am at Birla Matushri Sabhagar, 19, Sir Vithaldas Thackersey Marg, near Bombay Hospital and Medical Research Centre, in Mumbai...

Sensex rises 266 points, Nifty closes at 10,769 post kharif crop MSP hike

13 days ago

Business / Business Today/ Markets

Bajaj Auto (3.95%), Maruti Suzuki (2.69%), HDFC (2.09%) and HUL (2.03%) were the top Sensex gainers. Stocks of rural players such as Hero MotorCorp (0.43%) and Mahindra and Mahindra (0.69%) too closed higher on the development...

8K Miles Software stock falls nearly 39% in two days, hits fresh 52-week low

14 days ago

Business / Business Today/ Markets

The fall can be attributed to a delay in the announcement of consolidated Q4 and annual earnings of the company...

NCC stock hits over one-week high on Rs 2,061-crore orders

14 days ago

Business / Business Today/ Markets

It received four new orders totalling to Rs 2,061 crore (exclusive of GST) in June, it said on Monday. Three orders worth Rs 1,997.51 crore pertain to Buildings Division and one order of Rs 63.45 crore pertain to Water and Environment Division...