The Securities and Exchange Board of India (SEBI) has extended the deadline for Life Insurance Corporation of India (LIC) to achieve a 10% public shareholding, providing the insurance giant with an additional three years. Under Rule 19(2)(b)(iv) of the Securities Contracts (Regulation) Rules, 1957, companies are mandated to have a minimum of 10% public shareholding …
Domestic indices, after commencing today’s trading session on a positive note, abruptly experienced a significant decline, affected by losses in the auto, banking, and FMCG sectors. Conversely, broader indices outperformed the main indices by a considerable margin. At 11:00 am, the BSE Sensex declined 0.21% reaching a level of 72,950. The Nifty 50 index fell …
The benchmark index S&P BSE 500 opened today at 32,779.35 and made its day high at 32,867.53, and it is trading in green today, up by around 0.10%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. ITI Ltd Shares of …
IntellectAI, the WealthTech and InsurTech arm of Intellect Design Arena, recently hosted a groundbreaking AI boot camp in London. This exclusive event brought together senior leaders from leading financial institutions for an immersive experience with IntellectAI’s revolutionary PurpleFabric platform. Purple Fabric: Enhancing Enterprise Intelligence The PurpleFabric platform represents a paradigm shift towards enterprise-connected intelligence. This …
On May 14, 2024, the Nifty 50 rose 0.51% and closed at 22,217, and the Sensex was up 0.45%, closing at 73,104. Top Gainers and Losers On the sectoral front, Nifty Metal, Nifty Auto, Nifty Oil and Gas, and Nifty PSU Bank ended in the green. Meanwhile, Nifty FMCG, Nifty Pharma, and Nifty Healthcare Index …
Bharti Airtel reported a 31% decline in consolidated net profit for Q4FY24, amounting to Rs 2,072 crore, compared to Rs 3,006 crore the previous year, missing market expectations of Rs 3,274 crore. Despite the profit drop, revenue from operations rose 4% year-on-year to Rs 37,599 crore from Rs 36,009 crore. The Board proposed a final …
Siemens Ltd. is a flagship listed company of Siemens Aktiengesellschaft in India with a market capitalization of more than Rs.2 Lakh crores. Siemens Ltd has reported its Q4 FY 2023-24 results today after market hours, The company has recorded a 70.1% year-on-year surge in its net profits. Q4 Performance of Siemens Ltd. During the March …
On Tuesday, the main stock market indices ended the trading day on a high note. The Sensex rose moderately by 0.45% to close at 73,104.61 points, while the Nifty gained 0.51% to close at 22,217.85 points. The Nifty Metal, Nifty Auto, and Nifty Energy sectors closed with gains, while Nifty FMCG and Nifty Pharma sectors …
During Tuesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. NHPC Ltd NHPC Ltd stock price rose to Rs 98.8, marking a 5.39% increase from the previous close of Rs 93.75. Traded volume stood at 105,222,356 shares. The company’s 1-year returns indicate a …
Expanding Capacities and Global Presence India’s leading stainless steel manufacturer, Jindal Stainless, has been a stalwart in the industry, boasting an annual turnover of Rs 35,700 crore (USD 4.30 billion) in FY23. With a robust infrastructure in place, the company is steadfastly ramping up its facilities to achieve a remarkable 4.2 million tonnes of annual …
