Kotak Mahindra Bank Limited has made a significant announcement today, revealing that they have reached definitive agreements with Zurich Insurance Company Limited. These agreements involve Kotak Mahindra Bank and Kotak Mahindra General Insurance Company Limited and mark a significant financial arrangement between the parties. In this transaction, Zurich is set to make an investment of …
Neogen Chemicals, one of India’s prominent manufacturers of speciality chemicals, specializes in the production of Bromine-based and Lithium-based compounds. Their diverse range of products includes both organic and inorganic chemicals. These chemicals find applications in a wide array of industries, from pharmaceuticals and agrochemicals to engineering fluids, electronic chemicals, polymer additives, water treatment, construction chemicals, …
The benchmark index S&P BSE 500 opened today at 26,681.60 and made its day high at 26,764.84 and it is trading in green today, up by 0.69% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. …
On Thursday, the benchmark indices were trading higher with the Sensex up around 436 points or 0.69% at 64,027 and the Nifty-50 up around 130 points or 0.69% at 19,121. About 2,396 shares have advanced, 906 declined, and 156 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …
At 9:15 am, JK Tyre & Industries shares jumped 13.94% to trade at a fresh 52-week high of Rs 351.05 from its previous closing of Rs 308.10 on the BSE. JK Tyre & Industries’ board has approved expansion for enhancement of tyre manufacturing capacity with an investment of Rs 1,025 crore. The proposed capacity is …
In the last two trading sessions, the Nifty50 experienced a sharp downturn, succumbing to substantial selling pressure. At the day’s commencement, the Nifty opened at 19,064.05, reaching a high of 19,096.05 during the session, but subsequently plummeted to a low of 18,973.70. By the trading day’s conclusion, the Nifty settled at 18,989.15, marking a noteworthy …
Today the Sensex closed approximately 0.44% lower and the BSE Information Technology index also closed down by 0.75%. However, one IT stock stood out reaching a 52-week high and surging by 4.62% namely Birlasoft Ltd. Yesterday after the market closed the company announced its financial results for the second quarter of FY24, half-year results, and …
Looking at the data on Foreign Institutional Investors (FIIs), there is a noticeable trend of net selling in Indian equities during October 2023. FIIs have consistently been selling Indian stocks, with a total net selling of approximately Rs. 26,692.16 crore in the month of October 2023. This level of selling is the highest since January …
Cellecor Gadgets Ltd, a Delhi-based company engaged in the sourcing, branding, and distribution of a range of products, including televisions, mobile phones, smart wearables, mobile accessories, smartwatches, and neckbands, experienced a significant increase in its share price in October. At the beginning of the month, on October 3rd, the stock commenced trading at Rs 106.45 …
India’s foreign exchange (forex) reserves, a vital barometer of economic health, have been navigating a tumultuous path in recent weeks. The Reserve Bank of India (RBI) data reveals that these reserves have taken a hit, declining by USD 2.36 billion to USD583.53 billion during the week ending October 20, 2023, following a brief uptick in …
