DLF Info City Chennai Limited (DICCL), a wholly-owned subsidiary of DLF Cyber City Developers Limited (majority-owned by DLF Limited), has increased its stake in Tulip Renewable Powertech Private Limited (Tulip). This move strengthens DICCL’s position in the renewable energy sector and aligns with its captive power consumption requirements. Transaction Details DICCL acquired an additional ~4.95% …
Infosys Ltd’s North America-based subsidiary, Infosys Public Services (IPS), has announced that it has been awarded a contract by the Delaware Department of Labor to revitalise the state’s unemployment insurance tax, benefits, and appeals programs. Additionally, Infosys Public Services will develop a new system for the paid family medical leave program. Delaware plans to utilise …
Wednesday witnessed a flat start for the benchmark indices as both the BSE Sensex Index and NSE Nifty-50 Index dragged by 0.15% each. Out of 3,248 shares traded, 1,437 have advanced, 1,673 have declined and 138 were unchanged on BSE. On the broader markets, BSE Mid-cap Index is down by 0.13% and BSE Small-cap Index …
On Tuesday, the stock market had a good day. The Sensex, which is like a report card for the overall market, went up by 0.32%, closing at 71,336.80. The Nifty, which focuses on 50 major companies, also rose by 0.43%, closing at 21,441.35. The Nifty Midcap, covering medium-sized companies, gained 0.65%, and the Nifty Smallcap, …
The stock market ended the day on a high note, with key indices reaching record levels. The Sensex rose by 0.48%, closing at 73,057.40, while the Nifty climbed 0.34%, reaching 22,196.95. Among the top gainers were sectors like Media, Financial Services, Banking, and Realty, while IT, Auto, Metal, and Pharma sectors faced losses. In the …
Nifty View: The Nifty tested the prior breakout level and bounced back sharply to close above the 19700 mark. It formed an outside bar. The index almost tested the high from this past Monday. The daily range has increased to 177 points. The index opened at the previous day’s low and closed above the prior …
During Friday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. IFCI Ltd IFCI Ltd hit a 52-week high of Rs 72 with a significant traded volume of 20.06 crore shares. Currently trading at Rs 69.74, up from the previous close of Rs 62.09, …
The benchmark index S&P BSE 500 opened today at 36,472.54 and made its day high at 36,644.17, and it is trading in green today, up by around 0.45%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Inox Wind Ltd Shares …
On Friday, the market extended its gains for six consecutive weeks, marking the longest streak in 2024. Benchmark indices outperformed broader markets, with the market reaching a record high driven by broad-based gains in the IT sector. The Sensex hit an intra-day record high of 80,894 and surged by 0.78%, closing at a new all-time …
If you are foreign to the word hedging, it means covering your risks. For example, you buy home insurance to recover the losses if an unexpected event damages your property. Similarly, in investment, investors use various strategies to limit their risk exposure in a trade. Hedging is common and lets investors protect their corpus against …
