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Source: Live Mint Shares of Life Insurance Corporation (LIC), India’s largest life insurer, touched a new 52-week low of ₹806 apiece on Tuesday, January 14, breaking below its previous low of ₹820 apiece. However, the stock managed to close the session 2% higher at ₹825. The stock has been on a downward spiral since August,…
Source: Live Mint Shares of Ola Electric Mobility, India’s leading two-wheeler electric vehicle manufacturer, staged a strong rebound in trade on Tuesday, January 14, ending their three-day losing streak. Ola Electric share price opened today’s session at ₹71.50 apiece and continued to surge, reaching a day’s high of ₹73.46—a 4.61% gain compared to the previous…
Source: Live Mint Indian stock market: The domestic equity market indices, Sensex and Nifty 50, are expected to open higher on Tuesday tracking mixed global market cues. Asian markets traded largely higher, while the US stock market ended mixed overnight, with selling seen in tech stocks. On Monday, the Indian stock market crashed amid heavy…
Source: Live Mint Real estate stocks emerged as the biggest laggards in the stock market crash on January 13, as all 10 constituents of the Nifty Realty index tumbled between 5% and 10%, causing the index to lose 6.50%. This was the index’s biggest intraday drop in the last seven months. Various factors, such as…
Source: Live Mint The IPO of Quadrant Future Tek, which concluded recently, will see its shares debut on the Indian stock exchanges on Tuesday, January 14. As the Quadrant Future Tek IPO listing date approaches, investors’ focus has shifted to the potential listing gains, typically judged by looking at the grey market premium (GMP). Ahead…
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 MUMBAI – The Indian rupee dropped past 86 per U.S. dollar for the first time ever on Monday following a blowout U.S. jobs report that compounded the pressure from weak inflows and higher hedging activity. The rupee declined 0.4% to a lifetime low of 86.3900 per dollar, tracking the weakness in Asian…
Source: Live Mint Wockhardt share price jumped as much as 4 per cent in early trade on Monday, January 13, defying weak market sentiment. Wockhardt shares opened at ₹1,375.05 against their previous close of ₹1,386.95 and soon jumped 4 per cent to the level of ₹1,441.95. However, they pared some gains; around 10:50 AM, the…
Source: Live Mint Laxmi Dental IPO: The initial public offering (IPO) of Laxmi Dental Limited has opened today and will remain open until 15 January 2025. This means Laxmi Dental IPO will remain open for bidding from Monday to Wednesday. The public issue is proposed for listing on the BSE and the NSE and Laxmi…
Source: Live Mint The Indian stock market channelled through rough terrain to begin 2025 with a sharp sell-off amid its ongoing correction grip. The market logged a steep fall of over 2.4 per cent, marking the biggest weekly fall in nearly a month, dragged by a group of technical, domestic and global factors. Investors will…
