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Source: Live Mint The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Thursday tracking weak global market cues. The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 23,721 level, a discount of nearly 60 points from…
Source: Live Mint Stock market today: The domestic stock markets avoided a significant drop on Wednesday, January 8, as the index heavyweights like Reliance Industries supported the indices to recover and close marginally in the red zone. The Nifty 50 index closed 0.08 per cent lower at 23,688.95 points, compared to 23,707.90 points at the…
Source: Live Mint Multibagger stock: Education provider Vantage Knowledge Academy Limited announced an interim dividend issue offering ₹0.10 per equity share, according to an exchange filing on Tuesday, January 7. The company is offering 10 per cent of the face value of a share, and the face value is Re 1 per share. The company…
Source: Live Mint Indian corporates have reported subdued quarterly earnings in the current financial year (FY25). The June quarter (Q1) results were weak, and the September quarter (Q2) numbers were even weaker, triggering a significant market correction as valuations were trading at a premium. Hopes of a revival in the earnings trend from the December…
Source: Live Mint Stock to watch tomorrow: Shares of Adani Power will be in focus in trade tomorrow (January 8) as rating agency CARE Ratings assigned ‘CARE AA; Stable’ credit rating to the proposed non-convertible debentures of the Adani group company. The power generation and distribution firm’s NCDs amount to ₹5,000 crore, according to the…
Source: Live Mint The stock market slid on Monday in response to tremendous selling pressure on concerns around the HMPV virus, and on foreign institutional investors (FII) sell-off, resulting in benchmark indices declining by over 1.5 per cent. Amid all this, sectoral indices witnessed steep losses and the worst-affected sectors included Nifty PSU Bank, Metal,…
Source: Live Mint The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open higher on Tuesday following gains in global markets. The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 23,780 level, a premium of nearly 60 points from…
Source: Live Mint Quadrant Future Tek Limited raised ₹130.5 crore from anchor investors ahead of its public issue, according to an exchange filing by the company on Monday, January 6. The speciality cable manufacturer and train systems developer allocated 45,00,000 or 45 lakh equity shares to the anchor investors at an allocation price of ₹290…
Source: Live Mint Multibagger stock: Electric Vehicle (EV) manufacturer Mercury EV-Tech Limited’s promoter group, Raghuvir International Pvt Ltd, raised its stake in the small-cap stock on Friday, January 6, according to a BSE filing. As per the filing data, the promoter acquired 14,75,000 pr 14.75 lakh equity shares carrying voting rights and 53,00,000 or 53…
Source: Live Mint Atul Singh, CEO, LGT Wealth India talks about the shifts in investment strategies, the growing appeal of alternative investments, and the evolving landscape for global diversification. Edited excerpts: Can you start by telling us a bit about LGT Wealth India and your role there? LGT is a global leader in private banking…
