Stock Market: News

Premier Energies shares list with 120% premium over IPO price

Premier Energies, a leading solar solutions provider, made an impressive debut on the stock market today.

Stock market buzz: 6 IPOs, 10 listings next week

The upcoming week, starting from September 2, will witness the launch of six initial public offerings (IPOs) in India.

30 Aug 2024

Sensex

Sensex, Nifty reach all-time highs amid bullish domestic stock rally

The Indian equity benchmark indices, Sensex and Nifty, reached all-time high levels in early trade today.

29 Aug 2024

Sensex

Sensex, Nifty hit record highs amid IT, FMCG stocks surge

The benchmark indices Nifty and Sensex have reached new all-time highs today, marking their eleventh consecutive day of gains.

29 Aug 2024

NVIDIA

$50B: NVIDIA announces one of S&P 500's biggest share buybacks

NVIDIA, a leading player in the chip industry, has announced a stock buyback worth $50 billion.

LG targets $75B revenue by 2030, considers Indian IPO

LG Electronics, a leading South Korean tech firm, is contemplating an initial public offering (IPO) for its Indian division.

26 Aug 2024

Bajaj Finance

These stocks could have turned your ₹10,000 into ₹1 crore

Investing in the stock market requires skill, foresight, and patience. It's not always easy to predict market trends or evaluate a company's potential.

TCS shares have turned ₹5,950 into ₹1.25L in 20 years

Tata Consultancy Services (TCS), a leading global IT services provider, has marked its 20th year of listing on the Indian stock market.

26 Aug 2024

Paytm

Paytm shares surge 54% in 3 months: What's fueling rally?

Shares of One97 Communications, the parent firm of Paytm, have witnessed a significant recovery recently.

Nine companies to list this week, aim to raise ₹4,000cr

India's initial public offering (IPO) market is poised for a bustling week with nine companies, including three mainboard listings and six small and medium enterprises (SMEs), set to launch their IPOs.

FirstCry's stock market debut tomorrow: What does the GMP say?

Brainbees Solutions, the parent company of FirstCry, is preparing for its stock market debut on Tuesday.

LIC to invest ₹1.3 lakh crore in equities this fiscal

Life Insurance Corporation of India (LIC) has announced plans to invest approximately ₹1.3 lakh crore in equities during the current fiscal year, as per its MD and CEO Siddhartha Mohanty.

5 new IPOs and 2 listings to hit Indian market

The Indian stock market is preparing for a busy week with five new initial public offerings (IPOs) and two listings.

11 Aug 2024

Foreign Investment

FPIs offload ₹13,400cr in Indian equities after 2-month buying spree

Foreign portfolio investors (FPIs) have shifted their stance on Indian equities this month, transitioning from net buyers to net sellers.

06 Aug 2024

Bangladesh

Indian textile stocks soar as Bangladesh crisis creates market opportunity

Indian textile companies witnessed a significant surge in trade on Tuesday, due to the ongoing political crisis in neighboring Bangladesh.

IPOs of FirstCry, Unicommerce, Aesthetik Engineers to open next week

The stock market is gearing up for a busy week, with three new initial public offerings (IPOs) set to open for bidding.

Divis Labs's Q1 net profit surges 21% to ₹430 crore

Divis Laboratories, a leading pharmaceutical company, has reported a 21% year-on-year (YoY) increase in its net profit for the first quarter of FY25.

03 Aug 2024

NVIDIA

Elliott Management calls NVIDIA's stock a 'bubble,' AI technology 'overhyped'

Elliott Management, a hedge fund managing approximately $70 billion in assets, has labeled NVIDIA's stock as a "bubble."

01 Aug 2024

Nifty

Nifty surpasses 25,000 mark for the first time

Nifty has surpassed the significant 25,000 milestone while Sensex breached the 82,000 level, both for the first time.

31 Jul 2024

Adani Group

Adani Power's Q1 net profit falls 55% despite revenue surge

Adani Power has reported a 55% year-on-year (YoY) drop in its consolidated net profit, for the first quarter ending June 2024.

29 Jul 2024

Adani Group

Adani Wilmar posts ₹323cr profit in Q1, highest-ever EBITDA

Adani Wilmar, a collaboration between Adani Enterprises and Wilmar International, reported a substantial standalone net profit of ₹323 crore for the quarter ending June 30, 2024.

29 Jul 2024

Nifty

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

Indian benchmark indices Nifty and Sensex reached record highs on Monday morning, marking gains for the second consecutive session.

Upcoming IPOs this week: Ola Electric, Rajputana Industries, and more

The primary market is preparing for a busy week starting July 29, with 10 initial public offerings (IPOs) scheduled.

28 Jul 2024

Business

₹2,074cr finance company announces its first 1:1 bonus share issue

Monarch Networth Capital Ltd, an Indian financial service company, has unveiled plans to issue one bonus share for each stock held by shareholders, a first in the company's history.

27 Jul 2024

India

Dr. Reddy's Laboratories reports Q1 results: Profit dips, revenue soars

Dr. Reddy's Laboratories, a Hyderabad-based pharmaceutical giant, reported a slight 0.8% year-on-year (YoY) dip in its net profit for the first quarter (Q1) of FY25, to ₹1,392 crore.

Multibagger stock announces 1:10 share split after 225% YoY jump

Hazoor Multi Projects Ltd (HMPL), a multibagger stock, announced a 1:10 stock split at a board meeting on Friday.

27 Jul 2024

Bhavish Aggarwal

Ola Electric to launch its ₹5,500cr IPO on August 2

Ola Electric is set to open its initial public offering (IPO) for retail subscription on August 2, according to a filing with stock market regulator SEBI.

Do you know: India led global IPO listings in FY24

India dominated the global Initial Public Offerings (IPOs) in FY24, witnessing a 66% increase in IPO launches.

8 IPOs set to debut on stock exchange next week

Eight small and medium enterprises (SMEs) are launching their initial public offerings (IPOs) next week.

16 Jul 2024

Sensex

Sensex closes at 80,716 points, Nifty settles above 24,600 mark

The stock market closed in India on a positive note on Tuesday.

15 Jul 2024

Sensex

Sensex gains 145 points, Nifty settles below 24,600 mark

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

4 new IPOs hitting market this week: Check list

The primary market is bracing for the launch of four new initial public offerings (IPOs) next week, following a busy week of closing IPOs for Emcure Pharma and Bansal Wire Industries.

DMart's Q1 results: Net profit rises 17.5%, revenue up 18.6%

Avenue Supermarts, the parent company of retail chain DMart, has reported a consolidated net profit of ₹773.8 crore for Q1 FY25, marking a 17.5% increase from ₹658.8 crore in the same period last year.

Why gamified investment apps are risky for beginners

A recent study from the University of Toronto suggests that gamified investment platforms, which mimic games and offer rewards to maintain user engagement, could pose risks for inexperienced investors.

13 Jul 2024

India

₹10,000-2.7L in 10 years: This stock can supercharge your portfolio

Caplin Point Laboratories, a company specializing in the development and marketing of generic formulations, has seen a remarkable 2,767% increase in its stock value over the past 10 years.

12 Jul 2024

Sensex

Sensex gains over 620 points, Nifty settles above 24,500 mark

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

Zerodha resolves BSE connectivity issue impacting F&O trade orders

Zerodha, a prominent brokerage firm, has announced that it has rectified a connectivity issue with the Bombay Stock Exchange (BSE), affecting Futures and Options (F&O) orders.

11 Jul 2024

Sensex

Sensex closes near 79,900 mark, Nifty settles at 24,315 points

On Thursday, the stock market closed on a flat note, with the benchmark indices witnessing no fluctuation.

11 Jul 2024

Reliance Jio

Reliance Jio's market listing likely in 2025 at $112B valuation

International investment banking firm Jefferies, predicts that the initial public offering (IPO) of Reliance Jio could occur in 2025, potentially valuing the company at $112 billion.

10 Jul 2024

Sensex

Sensex tanks 427 points, Nifty settles below 24,330 mark

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