Stock Market: News

23 Dec 2024

Sensex

Macquarie predicts 10% correction in Indian stock markets by mid-2025

Sandeep Bhatia, Managing Director and Head of Equity India at Macquarie Capital, has predicted a possible 10% correction in the Indian stock markets in the first half of 2025.

23 Dec 2024

Nifty

55% of Nifty 500 stocks in downtrend: More correction expected?

The 5% fall in the Nifty index last week has dragged nearly 55% of NSE 500 stocks below their long-term trend indicator, the 200-day moving average (DMA).

23 Dec 2024

Sensex

Sensex gains 1% after 5-day slump: What's driving today's rally

The BSE Sensex and NSE Nifty staged a sharp recovery today, after a steep 5% fall over the last week.

20 Dec 2024

Business

Zerodha's new feature lets you borrow money for buying stocks

Leading online brokerage firm Zerodha has launched Margin Trading Facility (MTF) on its trading platform Kite.

19 Dec 2024

HDFC Bank

Sensex plummets 1,000 points: Key reasons behind today's market crash

The Indian stock market witnessed a major crash today with the BSE Sensex crashing over 1,000 points and the NSE Nifty falling below the 24,000 mark.

18 Dec 2024

Technology

Can't sell your stocks? Check Zerodha's advisory (CDSL issue blamed)

A technical glitch at the Central Depository Services Limited (CDSL) has led to disruptions in stock sale authorizations across several brokerage platforms, including Zerodha and Groww.

17 Dec 2024

Mukesh Ambani

Reliance shareholders face first negative returns in 10 years 

Mukesh Ambani-led Reliance Industries Limited (RIL) is on course to end 2024 with negative returns for the first time in a decade.

17 Dec 2024

HDFC Bank

Sensex plunges over 800 points: What's behind today's market crash

The Indian stock market took a major hit on Tuesday, with the Sensex and Nifty indices opening in the red.

16 Dec 2024

LG

LG Electronics is eyeing $15B valuation for Indian IPO: Report

LG Electronics is eyeing an IPO for its Indian unit, which could be valued at as much as $15 billion.

Vishal Mega Mart's share allotment today: How to check status

The share allotment for Vishal Mega Mart's initial public offering (IPO) will be finalized today.

Blackstone-backed hospitality chain to launch ₹1,600cr IPO on December 20

Ventive Hospitality, a Blackstone and Panchshil Realty-backed company, will launch its ₹1,600 crore initial public offering (IPO) on December 20.

10 Dec 2024

Cybercrimes

Ransomware attack on data center impacts 16 Indian stock brokers

A ransomware attack on Comtel, a leading data center, has put the security of around 16 stock brokers in India and their clients at risk. The incident took place yesterday.

LG, Vishal Mega Mart, MobiKwik: Upcoming IPOs in India

Dalal Street is gearing up for a busy IPO season with 15 companies, including LG Electronics India and Vishal Mega Mart, set to list in December and early January.

Up to 300% returns! Check 2024's top performing IPOs

The Indian stock market has had a solid 2024, with many mainboard issues garnering massive interest from investors.

26 Nov 2024

Donald Trump

What Trump's return means for India's $245 billion tech sector

Indian Information Technology (IT) firms are emerging as hot investment picks, thanks to their expected gains from the 'Trump Trade.'

25 Nov 2024

Sensex

Sensex surges over 1,300 points: What is driving today's rally

India's benchmark indices, the Nifty and Sensex, surged sharply on Monday.

24 Nov 2024

NTPC

NTPC Green Energy to allot shares tomorrow: How to check

Indian government-owned renewable energy company NTPC Green Energy will finalize its share allotment tomorrow.

10 firms plan to raise ₹20,000cr via IPOs this December

The primary market will continue to be strong with at least 10 firms, including Vishal Mega Mart and Blackstone-owned International Gemmological Institute (India) Ltd, looking to raise a combined ₹20,000 crore next month.

Six new IPOs to watch out for next week

The upcoming week will be a busy one in the stock market with six new IPOs opening for subscription.

21 Nov 2024

Adani Group

Adani shares crash 20% as US bribery charges rock conglomerate

Shares of Adani Group companies plunged as much as 20% on the BSE during Thursday's intra-day trade.

18 Nov 2024

Nifty

Sensex, Nifty plunge amid foreign fund outflows, IT stock pressure

The Indian stock market remains bearish today, with benchmark indices Sensex and Nifty plunging sharply.

Four IPOs set to launch next week despite market volatility

The primary market is gearing up for four initial public offerings (IPOs) next week, evenly divided between the mainboard and SME segments.

14 Nov 2024

Nifty

Sensex, Nifty decline for sixth straight session: Know key reasons

India's stock markets continued their losing streak for the sixth consecutive day on Thursday.

Nifty officially enters correction zone: Is this a buying opportunity?

The National Stock Exchange's (NSE) Nifty 50 index has officially entered correction territory, marking a major slump in India's financial market.

11 Nov 2024

Morgan Stanley

Indian households earned $1T from stock market in 10 years

Indian households have made a mind-boggling $1 trillion from the stock market over the last decade, by putting only 3% of their balance sheet in equities, a report by Morgan Stanley has found.

India gains over 100,000 new crorepati taxpayers in 3 years

India's high-income taxpayer base has grown tremendously over the last decade, with the number of people earning over ₹1 crore in taxable income increasing five-fold.

09 Nov 2024

Business

FII outflows cross ₹23,000 crore in November first week

Foreign institutional investors (FIIs) have extended their selling spree into November, with outflows amounting to around ₹23,398 crore in the first six trading sessions of the month.

09 Nov 2024

Swiggy

India's IPO boom: Record ₹1.19 lakh crore raised in 2024

India's Initial Public Offering (IPO) market has seen a historic surge in 2024, raising an unprecedented ₹1.19 lakh crore.

Foreign investors' ownership in Indian stocks declines to 12-year low

Foreign institutional investors (FII) have witnessed a sharp decline in their stake in NSE-listed companies, falling below 16% for the first time in 12 years.

07 Nov 2024

Nifty

Investors lose ₹4L crore as Sensex tanks over 900 points 

India's benchmark indices, the Sensex and Nifty 50, witnessed a steep fall today. The downward trend reversed the gains of the previous session.

06 Nov 2024

WhatsApp

Elderly targeted in rising online scam wave in India

India is seeing a rise in online scams, with the elderly being the most susceptible.

04 Nov 2024

Indian Rupee (INR)

Indian rupee hits lifetime low of 84.10 against US dollar

The Indian rupee has witnessed a sharp fall, hitting an all-time low of 84.1050 against the US dollar today.

04 Nov 2024

Sensex

Sensex crashes 1,300 points: What's causing the market mayhem today?

The Indian stock market witnessed a major crash on Monday with the Sensex and Nifty indices plummeting by over 1.6% each.

Foreign investors pulled out $12 billion from India between April-June

The repatriation of earnings by foreign entities, including portfolio investors and private equity firms, has witnessed a sharp rise in the April-June quarter.

NSE launches app to empower investors amid increasing trading scams

The National Stock Exchange (NSE) has launched a new mobile app and expanded its website to support more regional languages.

01 Nov 2024

Sensex

Muhurat trading: How to invest without a demat account today

Muhurat trading, a special stock trading session on Diwali evening, is seen as an auspicious time to invest for the long-term.

31 Oct 2024

Nifty

Nifty crashes 6.2% in October, steepest decline since March 2020

The Nifty 50 has seen a sharp fall of 6.22% to settle at 24,205 in October, its worst monthly fall since March 2020.

Stock market open on Diwali? Check Muhurat trading schedule 

India's leading stock exchanges, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), have announced a special one-hour Muhurat trading session on November 1.

NSE's client base crosses 20 crore mark, Maharashtra leads

The National Stock Exchange (NSE) has seen massive growth in its client base, crossing the 20 crore mark.

30 Oct 2024

Sensex

Why the Indian share market is down today

India's stock indices witnessed a sell-off pressure today.

28 Oct 2024

Boeing

Boeing initiates $19B share sale to prevent credit rating downgrade

Boeing has launched a nearly $19 billion stock sale, one of the largest ever by a public company.

27 Oct 2024

Diwali

These companies will be listed on stock market next week

The primary market is poised for a pause with no new initial public offerings (IPOs) lined up for the next week.

27 Oct 2024

Mutual Funds

These mutual funds delivered up to 56% returns in 1-year

Business cycle mutual funds have emerged as a strong player in the investment sector, delivering impressive returns of between 32% and 56% over the past year.

27 Oct 2024

Cybercrimes

Elderly woman in Kerala loses ₹87L to online trading scam

A 62-year-old woman from Kochulloor, Thiruvananthapuram, has been duped in an online trading scam, losing a whopping ₹87 lakh.

26 Oct 2024

Foreign Investment

FPIs sell Indian equities worth ₹85,790 crore in October

Foreign portfolio investors (FPIs) have sold Indian equities worth ₹85,790 crore in October 2024. The massive sale has wiped out a major chunk of the total inflows for the year.

25 Oct 2024

Reliance Industries

Reliance's 1:1 bonus issue: Last day to double your shares

Reliance Industries, led by Mukesh Ambani, announced a 1:1 bonus share issue in September.

24 Oct 2024

Nifty

Over 5% drop: Nifty's October performance is worst in years

The Indian stock market, which was on a steady upward trajectory for the first nine months of 2024, is now witnessing a major downturn.

23 Oct 2024

Sensex

Why Goldman Sachs has downgraded Indian equities and Nifty's target

Goldman Sachs, a leading global brokerage firm, has tactically downgraded Indian equities from 'overweight' to 'neutral.'

Zerodha-rival Groww is planning an IPO in India

Leading online trading platform Groww is considering an initial public offering (IPO), its co-founder and CEO, Lalit Keshre, has revealed.

22 Oct 2024

Sensex

₹9L crore wiped off: Why Indian stock market crashed today

The Indian stock market witnessed a major crash today with the Sensex and Nifty 50 indices each plummeting over 1%.

22 Oct 2024

Business

FPIs withdraw record ₹82,479 crore from Indian equities in October

Foreign portfolio investors (FPIs) have drastically cut their holdings in Indian stocks this month, marking a major shift in investment trends.

22 Oct 2024

Bengaluru

What is share trading scam and how to protect yourself

A 56-year-old man in Bengaluru lost ₹6.54 crore to an online share trading scheme, which promised a 1,500% return on investments.

21 Oct 2024

Bitcoin

Bitcoin surges to 3-month high, nearing $70,000 mark

Bitcoin, the world's largest and most popular cryptocurrency, hit a three-month high of $69,400 today.

4 new IPOs to open in mainboard segment next week

India's primary market will see the launch of four new initial public offerings (IPOs) in the mainboard segment next week.

20 Oct 2024

Diwali

Diwali Muhurat trading session on November 1: Check timings

The National Stock Exchange (NSE) has announced its annual Diwali Muhurat trading session for November 1, 2024.

20 Oct 2024

Swiggy

Swiggy to launch IPO next month, eyes  $12.7 billion valuation

Swiggy is gearing up for its initial public offering (IPO) next month, and is eyeing a valuation between $11.7-12.7 billion, insiders told Moneycontrol.

19 Oct 2024

HDFC Bank

HDFC Bank's Q2 results: Net profit rises to over ₹16,800cr

HDFC Bank has reported a 5% year-on-year (YoY) increase in its net profit for the second quarter of FY25, reaching ₹16,821 crore.

18 Oct 2024

China

China's Q3 economic growth slows down, misses government's 5% target

China's economy has grown at its slowest pace since early 2023, latest data from the National Bureau of Statistics showed.

IRCTC shares plummet as Indian Railways cuts advance reservation period

Shares of the Indian Railway Catering and Tourism Corporation (IRCTC) plummeted after the Indian Railways decided to cut the advance reservation period for bookings.

13 Oct 2024

Wipro

Wipro to consider bonus share issue on October 17

Wipro's board of directors will discuss a possible bonus share issue in their next meeting on October 17, according to the company's BSE filing.

Zerodha wants banking license but was turned down: Nikhil Kamath

India's second-largest stock broker, Zerodha, has tried to get a banking license but was turned down. The company's co-founder Nikhil Kamath revealed the news.

07 Oct 2024

Business

Zerodha's new policy: Sell stocks, get full proceeds instantly

Leading online brokerage firm Zerodha has announced a major policy change. The company now guarantees that 100% of the proceeds from share sales will be immediately available for trading.

07 Oct 2024

China

Sensex nosedives 1,400 points: Key reasons behind today's market crash

The Indian stock market saw major swings on Monday, with the benchmark Sensex crashing over 1,400 points from its intraday high. The crash was triggered by a broad-based selloff.

07 Oct 2024

Business

FII assets in India cross $1-trillion milestone for first time

Foreign institutional investors (FIIs) have surpassed a significant milestone in India, with their cumulative assets under custody (AUC) exceeding $1 trillion for the first time.

Market correction impacts IPO sentiment, only 2 launches next week

The Indian equity market has experienced a significant correction since the beginning of October, impacting the primary market sentiment.

02 Oct 2024

Sensex

Indian stock market investors richer by ₹110.5L crore in 2024

Indian investors have witnessed a significant increase in their wealth this year, with a surge of ₹110.57 lakh crore.

Zerodha to maintain free equity delivery despite new market rules

Zerodha, one of India's top retail brokerage firms, is keeping its equity delivery services free.