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Source: Live Mint On September 27, Indian equity benchmark indices, the BSE Sensex and NSE Nifty50, climbed to new record highs. The Nifty50 reached a record high of 26,277.35 but closed the trading session in red with a decline of 37.13 points, or 0.14 per cent, settling at 26,178.95. Meanwhile, BSE Sensex index reached an…
Source: Live Mint Buy or sell: The Nifty index exhibited constrained movement throughout the week, fluctuating within the 23,500–24,200 range. However, a lack of a decisive breakout above the 24,200 level caused the index to retest its support zone of 23,300–23,500. The week closed below this crucial support level, signaling potential weakness. The week began…
Source: Live Mint The combined market capitalization of five of the top-10 most-valued companies fell by ₹1,85,952.31 crore last week, with HDFC Bank experiencing the largest decline, aligning with a weak trend in the domestic stock market. During the same period, the BSE Sensex dropped 1,844.2 points (2.32 per cent), while the Nifty index shed…
Source: Live Mint Top NewsSEBI outlines process for waiver or reduction of interest in recovery proceedings The Securities and Exchange Board of India (SEBI) has issued guidelines for seeking a waiver or reduction of interest levied during recovery proceedings for penalty defaults. The guidelines specify the eligibility criteria, application process, and exclusions for applicants. Entities…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. TCS: Tata Consultancy Services (TCS), India’s largest IT company, has announced its second-highest dividend for FY25, bringing the total declared for the year to ₹96 per share. This is the highest annual dividend declared by the company, apart…
Source: Live Mint ITC Hotels Demerger Live Updates: ITC Hotels demerger record date is today and ITC shares will turn ex-date for the demerger today. The stock exchanges, BSE and NSE are holding a special trading session to discover the fair price of ITC Hotels stock. ITC shareholders whose names will appear in the company’s…
Source: Live Mint Top News India’s Goods and Services Tax (GST) collections in December 2024 reached an impressive ₹1.77 trillion, marking a 7.3% increase compared to December 2023. This steady rise highlights the resilience and growth of the Indian economy, as well as improved compliance and robust business activities. The uptick reflects the government’s ongoing…
Source: Live Mint Reliance Power share price rallied over 5 per cent on January 1, 2025, after Sasan Power Limited, a subsidiary of Reliance Power, made a bullet payment of $150 million to IIFCL, UK, settling its debt obligation on December 31, 2024. Reliance Power’s stock gained by 5 per cent, reaching ₹44.68, compared to…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. SJVN: State-owned power producer SJVN Ltd announced on December 31 that it has signed a Memorandum of Understanding (MoU) with the Bihar government to develop the Hathidah Durgawati Pumped Storage Project (PSP) with a capacity of 1,000 MW….
Source: Live Mint Stock market holiday: The Indian stock exchanges, BSE and NSE, will remain open on Wednesday, January 1, New Year Day. There is no trading holiday declared by the stock exchanges on the first day of the new year 2025. The Indian stock market, as well as the currency derivatives, commodity derivatives, and…
