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New Delhi: The National Stock Exchange (NSE) on Monday announced that it will conduct a special one-hour Muhurat Trading session on October 21, on the occasion of Diwali, to mark the beginning of the new Samvat year. According to the exchange circular, the trading window will open at 1.45 p.m. and close at 2.45 p.m.,…
Mumbai: The combined value of all Bombay Stock Exchange-listed companies has crossed Rs 465 lakh crore, marking its highest level in 11 months. This surge was fuelled by a widespread rally and renewed optimism regarding the resumption of India–US trade talks and the US Fed rate cut. The figure is currently just 2.7 per cent…
Mumbai: The Indian benchmark indices opened higher on Tuesday amid mixed global cues, as US Chief Negotiator Brendan Lynch arrived in India to resume trade negotiations between the two nations. As of 9.25 am, the Sensex was up 184 points or 0.23 per cent at 81,970, and the Nifty was up 47 points or 0.19…
New Delhi: Indian IT giant Infosys has obtained exemptive relief from the US Securities and Exchange Commission for its Rs 18,000 crore buyback, according to its notification to the exchanges. The company has announced its first share buyback in three years, since October 2022. Infosys shares rose to Rs 1,528, gaining Rs 18 or 1.23…
Marico Limited has entered into a definitive agreement to acquire the remaining 46.02 per cent stake in HW Wellness Solutions Private Limited, the company that owns the digital-first health food brand ‘True Elements’. The development was disclosed by the company in a regulatory filing to the BSE and NSE on Thursday. Balance stake acquisition According…
New Delhi: Despite recent market underperformance and global uncertainties, India remains well-positioned for long-term wealth creation, a new report said on Tuesday. The data compiled by global brokerage Jefferies believes that small- and mid-cap stocks in particular offer strong growth opportunities, even as large caps show limited upside. Analysts believe that the automobile sector will…
New Delhi: Shares of IT giant Infosys Limited rose over 4 per cent on Tuesday after the company announced that its board will consider a proposal on September 11 for an equity share buyback. Infosys shares were trading at Rs 1,496.30, up Rs 63.40 or 4.42 per cent today. The stock rose by Rs 7…
New Delhi: Vikram Solar, one of India’s leading solar energy solution providers, made its debut on the National Stock Exchange (NSE) on Tuesday, August 26. The stock opened at Rs 338 per share, marking a 1.8 percent premium over its issue price of Rs 322 per share. The debut reflected investor interest the company’s initial…
Mumbai: SpiceJet shares fell more than 5 per cent in intra-day trade on Monday, after the airline posted weak earnings for the first quarter of the financial year 2025-26 (Q1 FY26). The budget carrier slipped into losses during the April-June quarter, reporting a consolidated net loss of Rs 234 crore. On a standalone basis, the…
New Delhi: Indian benchmark indices opened higher on Friday, but lost steam in early morning trade, falling over 350 points. At 10.22 am, the BSE Sensex was trading 362.46 points lower at 80,355.55. The NSE Nifty was also down 80.70 points at 24,653.60. Markets opened higher buoyed by transformative rate reductions announced by the GST…