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3rd Dec 2024
In a decisive action against financial influencers, the Securities and Exchange Board of India (Sebi) on Monday imposed restrictions on seven entities, including Mohd Nasiruddin Ansari, for up to one year. Ansari operated unauthorized investment advi
Indian stock markets extended their rally on Tuesday, showing resilience despite concerns over last week’s weak GDP numbers. The NSE Nifty 50 rose 0.85%, reaching an intraday high of 24,481, while the BSE Sensex jumped 700 points to close at 80,949
Shares of ITC, a leading cigarette manufacturer in India, experienced a nearly 3% drop during early trading on Tuesday. This decline followed reports that the GST tax slab for cigarettes, aerated beverages, and related products might be increased to
On Tuesday, December 3, a total of 1.13 crore shares of Indegene were sold in block deals amounting to approximately ₹707 crore, resulting in a 4.7% equity stake sale. Reports suggest that private equity firm CA Dawn may have offloaded a portion of
Torrent Power initiated its Qualified Institutional Placement (QIP) on Monday, aiming to raise approximately ₹3,500 crore by selling a 4.6% equity stake in the company. The indicative price for the issue has been set at ₹1,503 per share, which re
2nd Dec 2024
On December 2, the Nifty and Sensex climbed for the second consecutive session, driven by notable advances in the pharma, realty, and auto sectors. Broader market indices also demonstrated strength, reaching their highest levels in a month and bolste
Shares of Ola Electric experienced a sharp recovery from intraday lows on December 2, following a significant update from CEO Bhavish Aggarwal regarding the company’s expansion plans. Invest in Indian Markets and Unlock Future Poten
Tata Fixed Maturity Plan (FMP) Series 61 Scheme D (91 days) is a close-ended debt fund designed to provide income or capital appreciation by investing primarily in fixed income instruments such as money market instruments, corporate bonds, and govern
Reliance Securities has been fined ₹9 lakh by the capital markets regulator, SEBI, for violating market regulations and stockbroker norms. The penalty follows a thematic inspection conducted by SEBI and exchanges NSE and BSE, which reviewed the com
A total of 1.39 crore shares of Cipla Ltd., accounting for 1.72% of the company's equity, were sold through block deals on Monday. As previously reported by CNBC TV18, the promoters are likely the sellers. Invest in Indian Markets and
On November 28, 2024, the Bombay Stock Exchange (BSE) announced changes to the expiry dates for its Sensex, Bankex, and Sensex 50 contracts, which will take effect starting January 1, 2025. According to a circular issued by the exchange, the expiry o
Cochin Shipyard shares saw a significant boost in early trade on December 2, surging by 5% following the announcement of a ₹1,000 crore contract with the Ministry of Defence (MoD), Government of India. At 10:56 AM, the Cochin Shipyard shares were t