Stock Market: News

30 Nov 2023

Sensex

Sensex gains over 80 points, Nifty crosses 20,100 mark

The stock market on Thursday ended on a sluggish note as the Sensex settled at 66,988.44 points and the Nifty stood at 20,133.15 points.

GIFT Nifty clocks record single-day trade of $16.76 billion

The GIFT Nifty, an index traded on the NSE IX, reached a record-breaking single-day trading of 4,27,925 contracts on Tuesday (November 28).

29 Nov 2023

Nifty

Sensex climbs 728 points, Nifty settles above 20,000 mark

On Wednesday, the benchmark Sensex and Nifty indices showed an upward trend. The former rose 1.1% to 66,901.91 points while the latter gained 1.04% to 20,096.60 points.

29 Nov 2023

Warren Buffett

'Never argued': Tracing Charlie Munger and Warren Buffett's 60-year-old friendship

The tale of Charlie Munger and Warren Buffett will go down in the history books, showcasing the everlasting bond of an extraordinary friendship.

29 Nov 2023

Adani Group

Adani Group stocks gain up to 17%: What's driving rally

Shares of Adani Group companies skyrocketed up to 17% on November 29, continuing their upward trend for a second day.

29 Nov 2023

Nifty

Nifty reclaims 20,000 mark after 2 months: Know driving factors

The Nifty soared past 20,000 points today (November 29), a milestone not seen since September 18.

BSE-listed companies' valuation crosses $4 trillion for the first time

On November 29, the combined market cap of all companies listed on the Bombay Stock Exchange (BSE) hit a record-breaking $4.01 trillion or over Rs. 333 lakh crore.

IREDA's shares list 56% higher than IPO price

The India Renewable Energy Development Agency (IREDA) made a remarkable debut on November 29, with shares listing at a 56.25% premium to the issue price of Rs. 32.

28 Nov 2023

Adani Group

Adani Group stocks surge, market value rises by $15 billion

Adani Group stocks saw a massive rally today (November 28), with the conglomerate's market value skyrocketing by over $15 billion.

BSE-listed firms hit record high m-cap of Rs. 331L crore

On November 28, the total market value of companies listed on the BSE reached a record-breaking Rs. 331 lakh crore, just short of the $ 4 trillion milestone.

TCS announces Rs. 17,000cr share buyback starting on December 1

Tata Consultancy Services (TCS) is set to launch a share buyback worth Rs. 17,000 crore.

28 Nov 2023

Nifty

Sensex gains 204 points, Nifty settles below 19,890 mark

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

28 Nov 2023

Reddit

Reddit may decide to go public in early 2024

Reddit, the United States (US)-based social media giant, is in talks with potential investors for an initial public offering (IPO) as early as the first quarter (Q1) of 2024, Bloomberg has reported.

Jefferies initiates BSE coverage with 24% upside projection

Jefferies, an international brokerage firm, predicts a 24% increase in BSE stock value over the next year, following a 290% rise this year.

27 Nov 2023

China

Beijing Stock Exchange asks major shareholders to refrain from selling

China's Beijing Stock Exchange has put an unofficial policy in place that stops major shareholders of listed companies from selling their stocks, according to Reuters.

24 Nov 2023

Nifty

Sensex closes at 65,970 points, Nifty settles below 19,800 mark

On Friday, the major indices of the stock market ended on a flat note.

23 Nov 2023

Canara Bank

Canara Bank to issue 10-year bonds worth Rs. 5,000 crore

Canara Bank, a state-owned financial institution, has announced plans to issue infrastructure bonds worth Rs. 5,000 crore tomorrow (November 24).

23 Nov 2023

Nifty

Goldman Sachs sets Nifty target for 2024 at 21,800

Goldman Sachs's Chief Asia Pacific strategist, Timothy Moe, has announced a 2024 target of 21,800 for India's Nifty50 index and upgraded the nation to an 'overweight' rating.

23 Nov 2023

Nifty

Sensex closes at 66,017 points, Nifty ends above 19,800 mark

The stock market on Thursday ended on a sluggish note as the Sensex fell 0.008% to settle at 66,017.81 points.

23 Nov 2023

Business

Lupin launches world's first fixed-dose triple combination drug for COPD

Leading pharmaceutical company Lupin Limited on Thursday launched the world's first fixed-dose triple combination drug (FDC) called Vilfuro-G for treating chronic obstructive pulmonary disease (COPD) in India.

23 Nov 2023

Business

Mamaearth's parent company hits new peak as shares surge 20%

Mamaearth's parent company Honasa Consumer's stock soared to a new peak of Rs. 423.75, a 20% increase on the NSE, after reporting an impressive 93% YoY growth in net profit for Q2 FY24.

22 Nov 2023

Business

Semiconductor foray adds $3bn to Murugappa Group's market value

Murugappa Group added $3 billion (approximately Rs. 25,000 crore) in market value on Wednesday after one of the conglomerate's units announced its intentions to enter the semiconductor assembly industry, reported Bloomberg.

22 Nov 2023

Business

Mamaearth Q2 profit jumps 93% YoY to Rs. 29cr

Mamaearth's parent Honasa Consumer registered a 93% YoY growth in net profit in Q2 FY24, reaching Rs. 29.4 crore from Rs. 15.2 crore in the same period last year.

22 Nov 2023

Nifty

Sensex closes at 66,023.24 points, Nifty settles above 19,810 mark

The stock market closed on a flat note on Wednesday.

21 Nov 2023

Nifty

Sensex gains 275 points, Nifty settles above 19,780 mark

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

20 Nov 2023

Nifty

Sensex sheds 139 points, Nifty settles near 19,700 mark

On Monday, major indices of the stock market ended on a negative note.

20 Nov 2023

Japan

Japanese stocks hit their highest point in 33 years

Stocks in Japan hit their highest levels since 1990 on Monday, driven by strong earnings and international demand, while China's central bank pushed the yuan higher.

17 Nov 2023

Sensex

Sensex drops over 180 points, Nifty holds 19,730 mark

The stock market closed on a flat note but remained in red on Friday. The benchmark Sensex dropped 0.28% to settle at 65,794.73 points and Nifty ended flat at 19,731.8 points.

16 Nov 2023

Nifty

Sensex climbs over 300 points, Nifty settles above 19,760 mark

On Thursday, the benchmark Sensex and Nifty indices saw gains. While the Sensex rose 0.47% to 65,982.48 points, the Nifty jumped 0.46% to 19,765.2 points.

16 Nov 2023

India

India Inc's profits climb 41%, revenue up 6% in Q2

In the second quarter of the current fiscal year, India Inc saw a strong 41.4% growth in net profit, reaching an eight-quarter peak for a sample of 3,573 companies, as per the Economic Times (ET).

15 Nov 2023

Nifty

Nifty Realty index touches 15-year high, up 84% since March

The Nifty Realty index soared to a 15-year high of 684.30 during Wednesday's intra-day trading, fueled by a promising outlook for real estate firms.

15 Nov 2023

Business

Nifty IT climbs 2.6%, all 10 stocks end in green

The Nifty IT index saw a sharp 2.59% rise on Wednesday, hitting 31,429.35, fueled by positive global and domestic factors.

15 Nov 2023

Nifty

Sensex climbs to 65,614 points, Nifty settles above 19,670 mark

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

15 Nov 2023

Business

Siemens AG acquires 18% stake in Siemens India for €2.1bn

Siemens AG is set to acquire an 18% stake in Siemens India for €2.1 billion (around Rs. 3,380 per share) from Siemens Energy.

14 Nov 2023

Asia

Markets worldwide rise ahead of US inflation data, US-China summit

Global stocks experienced a mostly positive trend on Tuesday, as investors eagerly awaited major events such as the US-China summit and economic data releases from the US, Japan, and China.

13 Nov 2023

Business

Manappuram Finance's Q2 profit rises 37% to Rs. 561cr

Manappuram Finance witnessed a 36% year-on-year (YoY) increase in its consolidated net profit for the quarter ending September, reaching Rs. 560.65 crore.

13 Nov 2023

Morgan Stanley

Morgan Stanley expects S&P 500 to hit 4,500 by 2024-end

On Monday, Morgan Stanley revealed its projection for the S&P 500 to reach 4,500 by the end of 2024, indicating a 2% increase from its present standing.

13 Nov 2023

Nifty

Sensex slips 325 points, Nifty settles below 19,450 mark

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

13 Nov 2023

Technology

TSMC up 4% on first monthly sales gain since February

Shares of Taiwan Semiconductor Manufacturing Company (TSMC) soared by up to 4.1%, following the announcement of the company's first monthly sales gain since February.

10 Nov 2023

Nifty

Sensex closes at 64,904 points, Nifty settles above 19,420 mark

On Friday, the stock market closed on a flat note and not much movement was witnessed.