Category: Stock Market

The higher charges imply a tax hike of over 30% if the National Calamity Contingent Duty continues, Jefferies Financial Group Inc. said, referring to a surcharge on the so-called sin goods Read More | Source: The Hindu Business Line…

Investor focus remains on foreign portfolio investors, who have been heavy sellers in recent months. Read More | Source: The Hindu Business Line…

Shares of Devyani International, Sapphire Foods, NLC India, Vodafone Idea, Britannia, BEL, Indegene, RailTel and Olectra Greentech are expected to see heightened action on Friday as investors track sectoral trends and stock-specific triggers. Read More | Source: The Hindu Business Line…

Benchmark indices scaled higher on Friday amid broad-based rally in banking, realty, metals and auto stocks. NSE Nifty 50 index hit an all-time high of 26,340 today before closing 182 points or 0.70 per cent positive at 26,328.55.
BSE Sensex ended 573.41 points or 0.67 per cent higher at 85,762.01, after jumping…

Regulator has been considering hiking penalties for daily OTR breaches up to 75 paise per order for ratios above 2,000, from the current 25 paise Read More | Source: The Hindu Business Line…

Axis Securities Read More | Source: The Hindu Business Line…

ITC emerged as the session’s biggest casualty, crashing 9.69% to ₹363.95, wiping out massive investor wealth as cigarette stocks reacted sharply to the new excise duty announcement Read More | Source: The Hindu Business Line…

BSE Sensex dips 32 points or 0.04 per cent to settle at 85,188.60; Nifty rises marginally by 16.95 points or 0.06 per cent to end at 26,146.55 Read More | Source: The Hindu Business Line…

Vodafone Idea will receive approximately ₹5,836 crore through a combination of ₹2,307 crore in cash over 12 months and 3.28 billion earmarked shares worth ₹3,529 crore at current market prices Read More | Source: The Hindu Business Line…

As of 1.01 pm, Sensex stood at 85,235.17, up 14.57 points; Nifty gained 20.10 point to 26,149.70 Read More | Source: The Hindu Business Line…

Losses in ITC and Godfrey Phillips, brought on by excise duty hike on cigarettes, offset gains in IT and auto stocks Read More | Source: The Hindu Business Line…

Market participants attributed the muted opening to thin liquidity, with most major international markets including the US, Europe and several Asian bourses remaining closed for New Year’s Day. Read More | Source: The Hindu Business Line…

ITC drops ⁠4.4%, while Godfrey Phillips India declines 7.7% Read More | Source: The Hindu Business Line…

Other indices posted lower returns, with the Nifty Next 50 rising 2% and the Nifty 500 gaining 6.7%, while midcaps saw modest gains and smallcaps underperformed, falling 6%. Read More | Source: The Hindu Business Line…

Market attention is likely to remain stock-specific as Tata Steel, Vodafone Idea, Dr Reddy’s, RBL Bank and Sammaan Capital report key corporate developments, while Hexaware, Titagarh Rail, VIP Industries and others announce strategic moves. Read More | Source: The Hindu Business Line…