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Source: Live Mint The Indian stock market recently made headlines as the Sensex surpassed the remarkable 85,000 mark, a significant milestone that has sparked optimism among investors and analysts alike. With this achievement, the prospect of reaching the coveted 1 lakh (100,000) mark seems increasingly plausible. Several factors, including strong economic projections, robust global market…
Source: Business Standard While the pace and the broadness of recovery is still debatable, analysts said Accenure’s Q4 results and revenue growth guidance for the next financial year (FY25) reduce downside risks to growth (Photo: Wikimedia commons) 4 min read Last Updated : Sep 27 2024 | 10:04 PM IST Global firm Accenture’s fourth…
Source: Business Standard 3 min read Last Updated : Sep 27 2024 | 11:44 AM IST Virat Industries share price was locked in the 10-per cent upper circuit for a sixth straight day, at Rs 299.10 on the BSE in Friday’s intraday trade, amid heavy volumes after investor Bhavook Tripathi announced an open offer…
Source: Live Mint The S&P BSE PSU index experienced a strong resurgence in recent trading sessions following a period of stagnation since mid-July. Over the past six sessions, the index has climbed nearly 5 per cent, largely driven by rallies in metal and power stocks. Leading the charge is NALCO, which surged an impressive 16.70…
Source: Business Standard Illustration by Binay Sinha 3 min read Last Updated : Sep 27 2024 | 1:22 PM IST Shares of SeQuent Scientific soared 18 per cent on the BSE on Friday’s intra-day trade to hit a three-year high of Rs 224.80, amid heavy volumes. The stock of the pharmaceutical company extended its…
Source: Business Standard 3 min read Last Updated : Sep 27 2024 | 10:58 PM IST Edelweiss Financial Services on Friday sold a 6.2 per cent stake in financial services company Nuvama Wealth Management for Rs 1,481 crore through open market transactions. Edelweiss Financial Services, through its two subsidiaries, ECap Equities and Edel…
Source: Business Standard 4 min read Last Updated : Sep 27 2024 | 3:02 PM IST Shares of Sun Pharmaceutical Industries hit a new high of Rs 1,952, as they rallied 3 per cent on the BSE in Friday’s intra-day trade in an otherwise subdued market. The rally in the stock came after UBS…
Source: Live Mint The capital markets regulator Securities and Exchange Board of India (Sebi) has cut down on the timeline for listing of debt securities and non-convertible redeemable preference shares (NCRPS) to T+3 working days from the current T+6 redeemable working days. Initially, it will be introduced as an option to issuers for a period of one…
Source: Business Standard 1 min read Last Updated : Sep 27 2024 | 4:38 PM IST The Singapore Exchange Group said on Friday that it plans to disclose trader positions for iron ore, rubber and freight derivatives contracts on a weekly basis from Oct. 2. In March, Reuters reported on the exchange’s plan…
Source: Business Standard Illustration: Ajay Mohanty 3 min read Last Updated : Sep 27 2024 | 12:10 PM IST Primary market, it seems, is not only luring investors back home but also globally. A recent report by GlobalData, a London-based data analytics firm suggests that 822 Initial Public Offers (IPO) aimed to raise $65…
