On 5 October 2021, IndusInd Bank share prices increased by 4% intraday at Rs. 1164.10, becoming a major gainer on the BSE. This happened as the private bank reported better deposit and advance numbers for the September quarter. The lender saw its deposits grow 21% year-on-year to Rs. 2,75,486 crores compared to Rs. 2,28,279 crores …
Indian Railway Catering and Tourism Corporation shares suffered a sudden fall of Rs. 1400 in the trading session of Tuesday. This is a 15% fall towards a close to Rs. 4,995 a share. This massive slump came after the state-owned company reported a record high during the early deals. IRCTC’s stock closed at more than …
CE Info Systems, a digital mapping company known for its brand MapmyIndia, opened at Rs. 1,581 per share on the BSE, 53% higher than its issue price. On the NSE, its shares registered a gain of 51.5% from its issue price as it got listed at Rs. 1,565 per share despite volatility in the equity …
At a time when income levels are subsiding in rural areas, Hero MotoCorp faces an uphill task of maintaining healthy sales volume. For the quarter ended March, the two-wheeler manufacturer reported EBIDTA of Rs 1,211 crore on the back of strong revenue growth. The upside to the Hero MotoCorp stock is challenged by an inclement …
In a growing concern for investor safety, stock exchanges have issued warnings about the increase of fraudulent trading apps and impersonators. The NSE and BSE have both highlighted the risks associated with these illicit platforms, which are misleading investors and tarnishing the reputation of legitimate financial intermediaries. Rising Threat The NSE and BSE have reported …
On May 19, FIIs and FPIs made a significant net purchase of Rs.4,671 Cr worth of equities. Simultaneously, DIIs recorded a net buying activity of Rs.146 Cr in equities. According to provisional data from the exchanges, FIIs bought Rs.19,822 Cr worth of shares while selling Rs.15,151 Cr, resulting in a net positive inflow. DIIs, on …
A Rally Amidst Optimism On Thursday, the Indian markets experienced a roaring rally, with both the Nifty and Sensex closing at record-high levels. This surge was bolstered by positive developments such as the Reserve Bank of India’s announcement of the highest-ever dividend to the central government and an uptick in business activity, as evidenced by …
The market capitalization of Indian listed companies on the National Stock Exchange (NSE) soared past the USD 5 trillion mark (Rs 416.57 trillion). This monumental achievement reflects the dynamic growth of India’s equity market. On the same day, the Nifty 50 Index reached an unprecedented high of 22,993.60, while the Nifty 500 Index also hit …
The National Stock Exchange(NSE) is set to launch one paisa tick size for the stock priced below Rs.250 per share. The current tick size for these stocks is 5 paise, which will now be reduced to one paisa according to the circular of NSE. The exchange has further mentioned that the circular will be effective …
Nifty 50 Index Performance The NSE benchmark Nifty 50 index opened the session with a negative bias. However, it quickly recovered from lower levels and surpassed the milestone of 23,000 for the first time in history. Despite this, it oscillated in a narrow range throughout the day, touching a fresh all-time high of 23,026.40. Candlestick …
