This week on Dalal Street is packed with shareholder-centric events, including dividends, stock splits, and bonus share issuances. Several major companies, such as Tata Consultancy Services (TCS), Kitex Garments, and Jai Balaji Industries, have planned key corporate actions aimed at rewarding shareholders and improving market liquidity. Here’s a detailed breakdown of what’s in store. Upcoming …
On Wednesday, January 15, 2025, the benchmark indices, BSE Sensex and NSE Nifty50, closed higher for the second consecutive session. The 30-share Sensex gained 224.45 points, or 0.29%, closing at 76,724.08. During the day, the index fluctuated between a high of 76,991.05 and a low of 76,479.70. The NSE Nifty50 also ended in the green, …
The Tata Group has joined hands with the Indian Institute of Science (IISc) to establish the Tata IISc Medical School at the IISc Bengaluru campus. Marking a significant milestone, this initiative focuses on fostering innovation and excellence in medical education and research. An MoU was signed on January 14, with Tata Group committing Rs 500 …
As per reports, Tata Electronics made significant advancements in iPhone production during 2024, solidifying its role in Apple’s supply chain in India. After acquiring Wistron’s iPhone manufacturing facility in Karnataka’s Narsapura in October 2023, the company substantially increased its production, exports, and workforce. Surge in Production and Exports The Narsapura facility, now operated by Tata …
Asian markets advanced on Wednesday, January 15, 2025, buoyed by cautious optimism ahead of key US inflation data that could provide insights into the Federal Reserve’s future interest rate decisions. Gains in Japan and South Korea lifted the MSCI Asia Pacific Index, which climbed 0.4%, marking its second consecutive session in the green. Asian Markets …
The BSE Sensex ended its 4-day losing streak on January 14, 2025, rising 169.62 points (0.22%) to close at 76,499.63. During the session, it fluctuated between a high of 76,835.61 and a low of 76,335.75. Similarly, the NSE Nifty50 closed in the green with a gain of 90.10 points (0.39%), settling at 23,176.05 after trading …
The Indian stock markets will remain open today on Makar Sankranti, January 14, as it is not a recognised holiday, with trading continuing as normal. Meanwhile, the RBI has declared a bank holiday in some cities on the same day. According to the official holiday calendar released by the National Stock Exchange (NSE) of India, Makar Sankranti …
Neville Noronha, one of India’s wealthiest CEOs, has announced his decision not to renew his contract with Avenue Supermarts, the parent company of the DMart retail chain. After more than 20 years of exceptional leadership, Noronha will step down at the end of his term in January 2026. The company has named Anshul Asawa of …
The Nifty50 has breached all critical support levels, marking a significant decline in Monday’s trading session. After a 2.5% drop last week, the index continued its downward spiral, losing an additional 1.47%, equivalent to around 345 points. This marked the 4th consecutive session of losses. Broader Markets Face the Brunt While the Nifty’s decline has …
The Nifty Financial Services Index (FINNIFTY) is a benchmark index designed to represent the performance of India’s financial market. It includes a diverse range of companies such as banks, financial institutions, housing finance, insurance firms, and other financial services companies. The index is composed of 20 prominent stocks listed on the National Stock Exchange (NSE). …
