Stock Market: News

JSW Infra IPO, driven by retail investors, now fully subscribed

The initial public offering (IPO) of JSW Infrastructure has been subscribed 1.58 times on day 2 so far.

26 Sep 2023

Sensex

Sensex slips to 65,945 points, Nifty settles near 19,660 mark

On Tuesday, major indices of the stock market ended flat.

25 Sep 2023

Sensex

Sensex closes at 66,023 points, Nifty settles near 19,680 mark

On Monday, the stock market closed on a flat note, with the Sensex settling at 66,023.69 points and Nifty ending at 19,674.55 points.

25 Sep 2023

GST

Delta Corp shares plummet 20% after hefty GST notice

Casino operator Delta Corp Ltd. has seen its shares drop by 20% after receiving tax notices totaling Rs. 16,822 crore from the Directorate General of GST Intelligence.

NSE proposes evening trading session for equity derivatives

The National Stock Exchange (NSE) is seeking approval from the Securities and Exchange Board of India (SEBI) to introduce extended trading hours for equity derivatives.

25 Sep 2023

China

China Evergrande's debt restructuring woes dent confidence of property investors

China Evergrande Group, the poster child of China's property crisis, has encountered another obstacle in its long-pending debt restructuring plan.

22 Sep 2023

Alibaba Group

Alibaba subsidiary targets $1 billion in Hong Kong IPO

Cainiao Network Technology, the logistics subsidiary of Alibaba Group, is preparing to submit its application for an initial public offering (IPO) in Hong Kong as soon as next week.

22 Sep 2023

Sensex

Sensex slips 221 points, Nifty settles below 19,680 mark

On Friday, the benchmark Sensex and Nifty indices witnessed a fall.

22 Sep 2023

Business

Nirma acquires stake worth Rs. 5,651cr in Glenmark Life Sciences

Glenmark Pharmaceuticals has agreed to sell a 75% stake in its subsidiary, Glenmark Life Sciences, to Nirma for Rs. 5,651 crore.

21 Sep 2023

Sensex

Sensex slips to 66,230 points, Nifty settles above 19,740 mark

On Thursday, the benchmark Sensex and Nifty indices witnessed a fall. The Sensex plunged by 0.86% to end at 66,230.24 points, while the Nifty fell by 0.81% to finish at 19,742.35 points.

20 Sep 2023

Sensex

Sensex slips to 66,800 points, Nifty settles near 19,900 mark

On Wednesday, the benchmark Sensex and Nifty indices witnessed a fall. The Sensex plunged 1.19% to end at 66,800.84 points, while the Nifty fell 1.17% to 19,901.4 points.

20 Sep 2023

Microsoft

Microsoft might surpass Apple as world's largest stock: Here's why

Investors are closely monitoring Microsoft's recent surge in stock market performance, which has brought it closer to Apple. Microsoft's shares have outpaced Apple's in recent weeks, narrowing the gap in market value between the two tech giants.

18 Sep 2023

Sensex

Sensex slips 242 points, Nifty settles near 20,130 mark

On Monday, the benchmark Sensex and Nifty indices witnessed a fall.

18 Sep 2023

China

China Evergrande's shares plunge 25% amid staff detentions

Real estate company China Evergrande Group saw its shares fall by 25% after police detained some of the staff from its wealth management unit, signaling a new investigation that could exacerbate the property company's troubles.

15 Sep 2023

Sensex

Sensex climbs to 67,838 points, Nifty settles near 20,200 mark

On Friday, the benchmark Sensex and Nifty indices showed an upward trend, reaching their all-time high.

15 Sep 2023

Nifty

Nifty IT hits fresh 52-week high, up 27% since April

It's been approximately five months since April 17, 2023, when the Nifty IT index touched a 52-week low of 26,184.45. Since then IT stocks have shown an impressive comeback.

15 Sep 2023

Nifty

Sensex, Nifty touch new all-time driven by Bank Nifty

Amidst a backdrop of optimistic global cues, the benchmark equity indices have commenced the trading session on a positive note.

14 Sep 2023

Sensex

Sensex settles at 67,519 points, Nifty ends above 20,100

On Thursday, the stock market closed on a positive note.

LVMH-owned 'world's oldest start-up' files for IPO in US 

German footwear brand Birkenstock has filed for an initial public offering (IPO) in the US.

14 Sep 2023

Tata

This stock earned Rekha Jhunjhunwala Rs. 1,390cr in 1 month 

Rekha Jhunjhunwala, wife of late ace investor Rakesh Jhunjhunwala, has earned a staggering Rs. 1,390 crore in just one month from her investment in Titan Company Ltd, a Tata group company.

14 Sep 2023

Sensex

Nifty, Sensex reach all-time highs: What's driving the rally

The Indian stock market is on a roll as benchmark indices, the Sensex and the Nifty, continue to defy mixed global cues and surge to fresh record highs.

13 Sep 2023

Sensex

Sensex climbs over 240 points, Nifty settles above 20,000 mark

On Wednesday, the benchmark Sensex and Nifty indices showed an upward trend. The Sensex rose 0.37% to 67,466.99 points while the Nifty gained 0.38% to end at 20,070 points.

12 Sep 2023

Sensex

Sensex gains over 90 points, Nifty settles above 19,990 mark

The stock market on Tuesday ended on a mixed note.

TCS shares hit a 52-week high: Know driving factors

Shares of Tata Consultancy Services (TCS) reached a 52-week high of Rs. 3,578 today. The stock is up 3% on the Bombay Stock Exchange (BSE), despite a range-bound S&P BSE Sensex.

SoftBank-backed Arm's IPO already oversubscribed by 10 times

Arm Holdings's initial public offering (IPO) is already oversubscribed by 10 times, with bankers planning to stop taking orders earlier than expected.

11 Sep 2023

Mutual Funds

High Net-worth Indians see notable wealth growth in 3 years

A recent Global Wealth Blueprint survey reveals that over 80% of affluent investors in India have seen an increase in their net worth in the past three years.

11 Sep 2023

Sensex

Sensex gains 528 points, Nifty records new all-time high

On Monday, the benchmark Sensex and Nifty indices showed an upward trend. The Sensex rose 0.79% to 67,127.08 points, while the Nifty gained 0.88% to end at 19,996.35 points. The latter recorded a new high of 20,008.15 points.

11 Sep 2023

Business

Nifty makes history, hits 20,000 mark for first time ever

NSE's benchmark index Nifty has achieved a historic milestone by reaching the 20,000 mark.

Basilic Fly Studio's IPO grows investor wealth by nearly 180%

Basilic Fly Studio, a visual effects studio operator, had a remarkable debut on the NSE SME platform. Its shares were listed at Rs. 271, a 179% premium over the IPO price of Rs. 97.

11 Sep 2023

Alibaba Group

Alibaba shares crash 4% as former CEO quits cloud business

Alibaba Group's shares fell over 4% following the unexpected exit of former CEO Daniel Zhang from the company's cloud computing business.

Investors eye six IPOs and five listings this week

The Indian stock market is gearing up for a busy week with six Initial Public Offerings (IPOs) and five new listings.

08 Sep 2023

Sensex

Sensex, Nifty growth boost investor wealth by Rs. 11L crore

Indian benchmark stock indices experienced their most impressive week in two months, as they extended their winning streak for the sixth straight session on Friday.

08 Sep 2023

Sensex

Sensex gains 335 points, Nifty settles at 19,820 mark

On Friday, the benchmark Sensex and Nifty indices showed an upward trend.

07 Sep 2023

Sensex

Sensex climbs 380 points, Nifty settles near 19,730 mark

On Thursday, the stock market had a bearish opening. However, the benchmark Sensex and Nifty indices witnessed a surge.

07 Sep 2023

Business

Nazara Technologies secures Rs. 410cr investment from SBI Mutual Fund

Nazara Technologies has gained board approval for a capital infusion of Rs. 410 crore from SBI Mutual Fund through the equity share issuance.

CPS Shapers lists strong on NSE with nearly 150% premium

CPS Shapers Ltd., a leading manufacturer of shapewear for men and women, made a remarkable debut in the Indian stock market today.

06 Sep 2023

Sensex

Sensex gains 100 points, Nifty ends above 19,600 mark

The stock market on Wednesday ended on a positive note. The benchmark Sensex settled at 65,880.52 points, gaining 100.26 points, while Nifty stood at 19,611.05 points, which is up by 36.15 points.

06 Sep 2023

Reliance Group

Jio Financial Services faces exclusion from NSE indices tomorrow

Jio Financial Services Ltd. (JFSL), the non-banking financial services arm of Reliance Industries, is set to be removed from Nifty50 and other NSE indices tomorrow.

05 Sep 2023

Sensex

Sensex could crash by 40% if BJP loses 2024 elections

Morgan Stanley has forecasted that Indian frontline indices S&P BSE Sensex and Nifty50 could rise up to 10% in the run-up to the general elections in April 2024.

05 Sep 2023

Sensex

Sensex gains 152 points, Nifty settles near 19,580 mark

On Tuesday, the benchmark Sensex and Nifty indices saw gains.