The Indian frontline indices struggled in the early trades of the session but managed to climb higher thanks to significant gains in the capital goods, real estate, telecommunications and auto sectors. The only losing sectors were BSE FMCG and BSE IT. Broader indices outperformed the main indices by a wide margin. While Jaiprakash Associates Ltd …
Man Infraconstruction Group is planning to develop one of the largest redevelopments in the western suburbs of Mumbai city. This landmark project has the potential to offer a carpet area for sale of 1.7 million sq. ft. area and is expected to generate a total revenue of more than Rs 4,000 crore. The latest addition …
Today, the broader indices, including Nifty50 and BSE Sensex, closed the session in the green. The Nifty50 index opened the day at 19,298.35, which was 32.55 points higher than the previous day’s closing level of 19,265.80. It eventually concluded the day at 19,306.05, up by 40.25 points or 0.21%. Meanwhile, the BSE Sensex closed at …
Recently Gulf Oil Lubricants India Limited has reported in an exchange filing that the company has taken a significant step in strengthening its presence in the Electric Vehicle (EV) sector by acquiring a controlling stake of 51% in Tirex Transmission Pvt Limited. This strategic move is in line with Gulf’s global mobility strategy and its …
HCL Technologies has signed an exclusive preferred professional services agreement with Cloud Software Group, to help implement, upgrade, modernize and provide services for all TIBCO products for enterprise customers across the globe. This partnership will help drive better value for end customers leveraging TIBCO products to further accelerate their data-driven digital transformation. Cloud Software Group …
The shares of India Pesticides Limited (IPL) witnessed a significant surge today. The stock commenced trading at Rs 255, compared to the previous day’s closing price of Rs 256. During the intraday session, the stock exhibited a remarkable 12% surge accompanied by a significant trading volume. India Pesticides Limited has been a globally operating agrochemical …
On Tuesday, August 28, the Indian government reduced the cost of a 14 kg LPG cylinder by a minimum of Rs 200. This step is intended to alleviate the impact of increasing living expenses caused by inflation, as a precursor to significant elections in various states and the Lok Sabha (the lower house of India’s …
Indian frontline indices started the trading session with significant gains. Jio Financial Services took the lead, driving this surge, as shares of non-banking financial company (NBFC) hit the 5% upper circuit during the initial trades of the session. Telecommunications, auto, metals and real estate sectors all recorded substantial gains. The broader indices continued their trend …
At 2 pm, the shares of Bharat Heavy Electricals were trading at Rs 109.05, up by 3.85% from its previous closing of Rs 105.30 on the BSE. Bharat Heavy Electricals (BHEL) has received an order from NHPC for the design, engineering, manufacturing, supply, erection and commissioning of an Electro-Mechanical package involving a Turbine, Generator, Digital …
The benchmark index S&P BSE 500 opened today at 26,720.71 and made its day high at 26,842.65 and it is trading in green, up by more than 0.40%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 7% today. Laxmi Organic Industries Limited …
