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Source: Live Mint The surge also comes exactly five years after India imposed a nationwide pandemic lockdown, a day when the Nifty saw losses since the start of the month touch 33%. On Monday, the Nifty rose 1.32% to 23,658.35, while the Sensex rallied 1.4% to 77984.38. However, the Sensex fell short of erasing its…
Source: Live Mint A Chandigarh-based man experienced a financial windfall when he discovered physical shares of Reliance Industries Limited (RIL) worth ₹11 lakh after around four decades. Rattan Dhillon, a car enthusiast, found the Reliance shares at his home while spring cleaning. According to the share documents, 30 equity shares of Reliance Industries Limited were…
Source: Live Mint Her first brush with the stock market wasn’t smooth due to the Harshad Mehta scam. She and her husband, Sandeep Shaligram (60), suffered massive losses in the infamous Harshad Mehta scam. “The Harshad Mehta boom motivated a lot of young couples like us to invest in stocks, but the scam and the…
Source: Live Mint The combined market valuation of eight of the top-10 most valued firms eroded ₹1,65,784.9 crore last week, with Tata Consultancy Services (TCS) taking the biggest hit, in line with bearish trends in equities. Last week, the BSE benchmark declined 628.15 points, or 0.82 per cent, while the Nifty went lower 133.35 points,…
Source: Live Mint The combined market valuation of eight of the 10 most valued domestic firms eroded by ₹2 lakh crore last week, with Reliance Industries taking the biggest hit in line with a bearish trend in the broader stock market. Equity benchmark indices Sensex and Nifty extended their downward trend to the eighth day…
Source: Live Mint The combined market capitalization of six out of the ten most valuable companies surged by ₹1,18,151.75 crore last week, with HDFC Bank and Bharti Airtel emerging as the top gainers, aligning with the positive trend in equities. During the week, the BSE benchmark rose by 354.23 points (0.45%), while the Nifty gained…
Source: Live Mint Stock markets celebrated the Donald Trump administration’s pause on tariff hikes on Canada and Mexico, adding nearly ₹6 trillion of wealth as investors bet that a full-fledged trade war is unlikely. In the best day for the stock markets in a month, the Nifty ended up 1.6% at 23,739.25, while the Sensex…
Source: Live Mint Buy or sell: The Nifty Index exhibited a constrained movement throughout the week, fluctuating within the 23,000–23,500 range. However, the lack of a decisive breakout above the 23,600 level led the index to retest its key support zone of 23,000. The week concluded at this emotional support level, signalling potential weakness soon….
Source: Live Mint Stock market today: India’s main stock indices dropped on Friday, primarily due to declines in IT giant Infosys and private lender Axis Bank following their quarterly earnings reports. Conversely, Reliance Industries Ltd surged almost 5% after announcing a 7.4% increase in net profit for the December quarter. The leading stock rose 4.44…
Source: Live Mint Reliance Industries Q3 Results: Reliance Industries Ltd (RIL), the billionaire Mukesh Ambani-led oil-to-telecom-to-retail conglomerate, announced its earnings for the third quarter of FY25 today, January 16. The consolidated Reliance Q3 results include the earnings for the conglomerate’s oil-to-chemical (O2C) business, Reliance Oil & Gas business, Reliance Jio as well as Reliance Retail…
