On March 15, 2024, the central government of India gave a green flag to the new Electric Vehicle (EV) policy, which promotes the country as a manufacturing destination so that e-vehicles (EVs) with the latest technology can be manufactured. The objective of the policy is to welcome international EV manufacturers like Tesla to invest in …
Coforge Ltd, previously known as NIIT Technologies, stated in an exchange filing that the company’s board had approved the raising of funds. Details of the Fundraising On March 16, 2024, Coforge Ltd held a board meeting where the company’s board approved the raising of funds through a Qualified Institutional Placement (QIP), which means issuing shares …
Once more, domestic indices experienced a notable downturn in today’s trading session, with the oil & gas, energy, power, and metal sectors standing out as notable losers. However, amidst the weakness, BSE Realty and BSE Consumer Durables were the sole sectoral indices to trade in positive territory, showing resilience amid the broader market decline. At …
The Indian equity market witnessed a significant downturn recently, driven by concerns raised by the securities regulator regarding overheating and froth in smaller stocks. This article explores the factors contributing to the market turbulence and the regulatory response to mitigate risks. Market Downturn Indian equities experienced a notable setback as smaller stocks faced their worst …
On Thursday, the benchmark indices were trading in the green with the Sensex up around 195 points or 0.27% at 72,965, while the Nifty-50 was up around 86 points or 0.39% at 22,095. About 2,548 shares have advanced; 1,116 declined; and 115 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
On Wednesday, pipe manufacturer Man Industries (India) Ltd announced that the company had allotted 46.32 lakh shares to marquee investors and financial institutions. Key Investors and Allocation Details On March 13, 2024, Man Industries Ltd allotted 46.32 lakh shares at ₹367 per share, amounting to approximately ₹170 crore. On March 13, 2024, Man Industries (India) …
The benchmark index S&P BSE 500 opened today at 30,910.88 and made its day high at 31,381.35, and it is trading in green today, up by more than 0.90% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 9% today. BLS International Services …
JSW Energy’s subsidiary, JSW Neo Energy, has secured a major win with a 700 MW solar project award from SECI (Solar Energy Corporation of India). This project adds to JSW Energy’s existing 7.2 GW capacity, bringing their expected total capacity to 9.8 GW by the end of 2024. With this addition, JSW Energy’s locked-in generation …
After a sharp decline in the previous trading session, domestic indices showed a positive turnaround today, largely driven by significant gains in the telecommunications, power, utilities, and oil & gas sectors. Broader indices made efforts to recuperate from the significant losses witnessed in yesterday’s trading session. At 10:30 am, the BSE Sensex edged up by …
On March 13, 2024, Nifty 50 tanked 1.51% to 21,997, while Sensex fell 1.23% to 72,761. Foreign Institutional Investors (FIIs) sold securities worth ₹4,595 crore, and Domestic Institutional Investors (DIIs) bought securities worth ₹9,093 crore. Experts suggest a bearish texture in the market for the short term. Top Gainers and Losers Nifty FMCG witnessed an …
