The Indian benchmark indices sustained their downward trend, opening notably lower in today’s trading session amidst escalating tensions in the Middle East, particularly the ongoing disputes between Israel and Iran. Today, broader indices, which had demonstrated resilience in previous trading sessions despite overall market weakness, experienced a notable downturn. At 10:15 am, the BSE Sensex …
On April 18, 2024, Nifty 50 and Sensex dropped 0.69% and 0.62% to 21,995 and 72,488, respectively. Foreign Institutional Investors (FII) sold securities worth around ₹4,260 crore, while domestic investors bought shares worth ₹2,285 crore. Top Gainers and Losers Nifty Media was the only sector that closed in green. The Nifty Healthcare Index, Nifty Oil …
On Tuesday, the broader markets outperformed the frontline indices, with the Nifty Small-cap gaining 1.23% and the Nifty Mid-cap adding over 1%. The market sentiment was upbeat, as indicated by the healthy market breadth: 1,324 stocks advanced, while 779 stocks declined. Amidst this buoyancy, one stock stood out by hitting its upper circuit limit of …
India’s Initial Public Offering (IPO) market has been buzzing in the fiscal year 2023-24 (FY24), with a significant surge in activity and capital raised. Let’s dive into some insights from the report and take a closer look at the companies trading below their listing prices. IPO Market Trends in FY24 Based on data from Prime …
Mahindra Logistics Limited (MLL), one of India’s integrated logistics & mobility solutions providers, recently announced the results for the quarter (Q4 FY2024) and year (FY 2024) ended March 31, 2024. Quarterly Performance The company’s revenue increased to ₹1,451 crore, compared to ₹1,273 crore in Q4 FY2023 (PCP). In addition, EBITDA for the period amounted to …
Colgate-Palmolive India, a leading oral care brand, is making strides towards a more inclusive workplace. Their recently launched Workplace Inclusivity Network (WIN) policy emphasises their commitment to fostering a supportive environment for employees with disabilities (PwD). The WIN policy ensures every member of the Colgate-Palmolive India family has the resources to thrive. Here are some …
On Tuesday, the benchmark indices were trading in the green with the Sensex up around 155 points or 0.22% at 73,800, while the Nifty-50 was up around 41 points or 0.18% at 22,378. About 2,328 shares have advanced; 1,147 declined and 142 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
IndusInd Bank recently announced that it has become the first bank to successfully execute RBI’s programmable CBDC pilot in an exchange filing. The filing also mentioned that the pilot project is being carried out in partnership with Circularity Innovation Hub India Private Limited (CIH) as a substitute for CBDC, allowing the Bank to plan how …
On Monday, the Nifty closed with gains of 189.40 points or 0.86%, forming a Dragonfly Doji candlestick pattern on the daily timeframe. This bullish pattern was supported by a broad market rally, with most sectors participating, led by PSU Banks and Pharma. Looking ahead, the Nifty’s immediate resistance is expected to be between 22,400 and …
The Tata Group and Aditya Birla Group are widely recognized entities in India, enjoying strong goodwill among both customers and shareholders. The Tata Group has consistently been in the spotlight, experiencing significant changes such as its upcoming IPOs and the recent listing of Tata Technologies Limited. Meanwhile, Aditya Birla Group companies like Grasim Industries have …
