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Source: Live Mint Indian equity markets struggled to gain traction on Monday, December 9, as significant declines in FMCG and heavyweight stocks like Reliance Industries dragged the benchmark indices lower for the second consecutive session. While banking stocks, particularly from the HDFC Bank and the IT pack, provided some support to the market, they were…
Source: Live Mint Multibagger small-cap stock Blue Cloud Softech Solutions Ltd shares gained as much as 6 per cent on Monday, December 9 after the company bagged a $15 million order to supply advanced MDM solutions for medical devices. Blue Cloud Softech Solutions share price closed 5.92 per cent higher at ₹140.35 on Monday, compared…
Source: Live Mint Stock Market Today: Shares of Roto Pumps surged 13.5% in trade on Monday, December 09, to hit a three-month high of ₹320 apiece. The intraday rise also marks the largest increase for the stock in the past five months. The jump in the stock price follows the company’s announcement that its subsidiary…
Source: Live Mint Nisus Finance Services IPO: After a stellar response to the initial public offer (IPO) of Nisus Finance Services, all eyes are now on the allotment process. Nisus Finance Services IPO closed with a robust subscription of 192.29 times at the end of the three-day bidding process on Friday, November 6. The issue…
Source: Live Mint The Indian stock market has recently demonstrated remarkable resilience, exhibiting a bounce back from periods of consolidation led by uncertainty by economic slowdown and premium valuations. This recovery is a testament to the market’s inherent strength. One of the catalysts for the recent market relief has been the easing of geopolitical tensions….
Source: Live Mint The combined market valuation of six out of the top 10 most-valued Indian companies soared by ₹2,03,116.81 crore last week, reflecting an optimistic sentiment on Dalal Street. Tata Consultancy Services (TCS) and HDFC Bank emerged as the biggest gainers, riding the wave of a bullish trend that saw the BSE Sensex climbing…
Source: Live Mint The Reserve Bank of India’s (RBI) on December 6 kept the benchmark repo rate unchanged at 6.5% for the eleventh straight meeting, and maintained the monetary policy stance ‘Neutral’. The six-member Monetary Policy Committee (MPC) led by RBI Governor Shaktikanta Das decided to remain unambiguously focused on a durable alignment of inflation…
Source: Live Mint The Indian stock market benchmark indices, Sensex and Nifty 50, extended their rally for the third consecutive week, ending December 6 with their largest weekly gains in six months. The uptrend was driven by positive momentum in global markets and an RBI policy announcement that aligned with market expectations. The Sensex jumped…
Source: Live Mint The Indian stock market’s sentiment turned positive after logging its best week in the last six months, driven by the Reserve Bank of India (RBI)’s liquidity boost and the return of foreign capital inflow just before year-end. In the second week of December, investors will closely monitor key market triggers, including domestic…
Source: Live Mint Stock Market Today: Indian equity markets ended flat with a negative bias on Friday, December 6, with the Nifty 50 and Sensex showing little movement after a series of key announcements by the Reserve Bank of India (RBI) in its MPC meeting today. The RBI MPC pulled off a balancing act today…
