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17th Dec 2024
ITC Ltd. has officially set January 1, 2025 as the effective date for the demerger of its hotel business into a separate entity, ITC Hotels Ltd. After receiving the necessary approvals from the National Company Law Tribunal (NCLT) and overwhelming su
In a significant move to enhance transparency and investor convenience, the Securities and Exchange Board of India (SEBI) has proposed the development of a centralized platform called MITRA (Mutual Fund Investment Tracing and Retrieval Assistant). Th
Investors are once again showing enthusiasm for railway stocks, with prominent names like Jupiter Wagons, IRFC, Texmaco Rail, Titagarh Railsystems, and RailTel Corporation witnessing a sharp rebound of 15-26% in the past month. This renewed interest
One97 Communications Ltd., the parent company of Paytm, witnessed a strong surge in its share price yesterday, rising by 5.17% to close at ₹1,007.05. Today, the stock opened at ₹1005.00, subsequently reaching a new 52-week high of ₹1062.95.
The Indian stock market opened on a bearish note today, with the Sensex crashing over 800 points and the Nifty slipping below the 24,450 mark. Investor sentiment remains subdued as caution prevails ahead of the U.S. Federal Reserve’s December 18 de
16th Dec 2024
Shares of HBL Engineering surged to an all-time high of ₹738.65 per share on the BSE during Monday’s intraday trading, marking a 6.22% increase. This rally came in response to the company's announcement of securing a major order worth ₹1,522 cr
Premier Explosives Ltd saw its shares locked in a 10% upper circuit on Monday, closing at ₹568.2 per share on the BSE. This surge followed the announcement of a Memorandum of Understanding (MoU) with Global Munition Ltd, a subsidiary of NIBE Ordnan
In a bid to stabilize the financial health of struggling state-owned general insurers, the Indian government is considering a capital infusion of ₹ 4,000-5,000 crore into National Insurance, United India Insurance, and Oriental Insurance in the upc
13th Dec 2024
Shares of Waaree Energies broke their seven-day winning streak on December 13, falling 4% as investors took advantage of the stock's recent surge to book profits. Over the past seven sessions, the stock had risen by more than 20%, providing ample opp
Shares of metal companies experienced notable selling pressure on December 13, with key steelmakers such as JSW Steel, Tata Steel, NMDC, and SAIL seeing declines of 3-5%. The downturn followed China's latest stimulus pledge, which, despite reiteratin
The Securities and Exchange Board of India (SEBI) has implemented several measures to enhance the Equity Index Derivatives Framework, prioritizing investor protection and market stability. These reforms were recommended by the Expert Working Group (E
12th Dec 2024
The Indian stock market ended on a downbeat note on December 12, with the Nifty closing just under 24,550 due to widespread selling ahead of two key inflation reports—retail inflation expected later today and WPI inflation coming on Friday. I