SENSEX
NIFTY
GOLD
USD/INR

Weather

image 35    C

Business / Business Today

Rs 51,365 crore IPO fundraising! 40 cos hit stock market in 6 months

New age technology companies made a comeback after two quiet years with five IPOs including Awfis Space, Go Digit Insurance, Firstcry, Ixigo and Unicommerce raising Rs 8,424 crore.

3 Oct 2024 3:08 pm
Stock market crash: RIL, Asian Paints, L&T, Tata Motors shares deep in the red; JSW Steel, Tata Steel buck trend

Market crash today: Sensex tumbled 1,832 pts to 82,434 and Nifty lost 565 pts to 25,231.90 in afternoon session. Investors lost Rs 10.56 lakh crore during the market crash with BSE market cap falling to Rs464.30 lakh crore.

3 Oct 2024 2:41 pm
Sensex crashes over 1,800 points: Rs 10L cr investor wealth lost; Nifty slips below 25,250

As many as 65 stocks hit their 52-week lows today. BSE 500 stocks such as Equitas Small Finance Bank Ltd, RBL Bank and Ujjivan Small Finance Bank Ltd hit their respective one-year low levels. That said, 221 stocks touched their one-year high levels today.

3 Oct 2024 2:04 pm
Sensex crashes 1,800 pts, Nifty test 25,300: Why is stock market falling today?

TheBSE Sensex stood at 82,434.02, down 1,832.27 points. The NSE Nifty was down520.05 points, or 2.02 per cent at25,276.85.

3 Oct 2024 1:39 pm
Vedanta shares are up 100% this year, overbought on charts; time to book profit?

Vedanta share price today: In the current session, the stock was trading 1% lower at Rs 510.50. Market cap of the firm slipped to Rs 1.99 lakh crore

3 Oct 2024 1:19 pm
ACC, Ambuja Cements, UltraTech, Shree Cement, Vedanta & RIL: What Deven Choksey says on these 6 stocks

As an investor, if you are sitting on cash and get an opportunity to enter at lower levels, the focus should be on investing rather than trading in calls, the market veteran told Business Today TV.

3 Oct 2024 1:03 pm
'When luck runs out': Kotak on PSU stocks, Vodafone Idea, investor skills & market correction

Stock market correction: Kotak said the domestic stocks have been at inflated levels for a while, which increases the odds of a correction.

3 Oct 2024 12:57 pm
Coforge, Atul, Olectra Greentech, Rhi Magnesita & Stylam: Check target prices for these 5 stocks

Based on technical parameters,HDFCSecurities has picked Coforge, Atul, RHI Magnesita India, Stylam Industries and Olectra Greentech for making money amid volatility.

3 Oct 2024 12:50 pm
Infosys, Wipro, KPIT Tech, TCS, HCL Tech: IT stocks headed for 2014-2018 like consolidation?

IT shares: HSBC downgraded Persistent Systems to 'Hold'. HSBC said it acknowledges Persistent Systems' strong engineering capabilities, but the growth differential with other companies will decline next year.

3 Oct 2024 12:23 pm
Tata Steel stock's winning run hits speed bump in 3 months, here are fresh price targets

Tata Steel share price today: Tata Steel stock has been highly volatile in the last one year with a beta of 1.5.It's trading near the overbought zone with its relative strength index (RSI) at 69.3.

3 Oct 2024 12:09 pm
ITD Cementation shares soar 20% to hit all-time high on order win. Details here

The stock zoomed 20 per cent to scale its record-high value of Rs 644.40. At this price, it has delivered multibagger returns to investors by rallying 121.94 per cent on a year-to-date (YTD) basis.

3 Oct 2024 11:26 am
BSE shares: Why this stock rallied 10% today despite SEBI F&O curbs

BSE, NSE, Sebi F&O curbs: IIFL Securities said NSEs Option premium turnover could get impacted upto 40 per cent; while that of BSE by 20 per cent.

3 Oct 2024 11:25 am
Reliance Infra board gives nod to raise funds, shares rally

Reliance Infrastructure shares have a one-year beta of 1.4, indicating high volatility during the period. In terms of technicals, the relative strength index (RSI) of Reliance Infrastructure stands at 75.7, signaling it's trading in the overbought zone.

3 Oct 2024 10:56 am
TCS, Infosys, HCL Tech, Coforge, KPIT Tech & LTIM: Brokerage views in IT stocks ahead of Q2 earnings

With rate cut cycle kicking off lately, brokerage firms expect a turnaround in the IT industry in CY25, with some expecting the Q2FY25 as another quarter on the path to recovery.

3 Oct 2024 10:43 am
Why Dabur India shares plunged 8% today; share price targets & more

Dabur India stock could be under pressure in the near-term, said Nuvama Institutional Equities. While downstocking and pipeline correction in FMCG is not rare, the extent of impact on Dabur India seems surprising, it said.

3 Oct 2024 10:20 am
KRN Heat Exchanger shares deliver a multibagger listing pop; stock lists at 118% premium

Ahead of listing, shares of KRN Heat Exchanger were commanding a GMP of Rs 240 per share in the unofficial market, suggesting a listing pop of little more than 110 per cent for the investors.

3 Oct 2024 9:55 am
YES Bank shares fall after Q2 business update; key details

YES Bank said its deposits were up 18.3 per cent YoY at Rs 2,77,173 crore against Rs 2,34,360 crore in the same quarter last year. Sequentially, the deposit growth stood at 4.6 per cent.

3 Oct 2024 9:51 am
Tata Motors sales slip 11% in September 2024, shares react

The multibagger auto stock has climbed 52.56% in a year and risen 20% in 2024.Tata Motors stock has a one-year beta of 1, indicating very average volatility during the period.

3 Oct 2024 9:38 am
Stock market today: Sensex, Nifty, BSE, Angel One shares react after SEBI F&O curbs; what's ahead?

Geopolitical concerns following Iran's official entry into the war in the Middle East, with missile launches on Israel, has flared up tensions, sending crude prices soaring.

3 Oct 2024 9:17 am
South Indian Bank shares: Two factors why the banking stock is in news today`

South Indian Bank stock closed 0.24% lower at 24.54 on Tuesday against the previous close of Rs 24.60 on BSE. Market cap of the bank stood at Rs 6420 crore.

3 Oct 2024 9:09 am
BSE, Angel One shares in focus today post SEBI F&O curbs; should you buy, hold or sell stocks?

SEBI F&O curbs: Turnover volumes for Angel One is likely to be impacted but it is difficult to ascertain the absolute impact at the current juncture, MOFSL said.

3 Oct 2024 8:43 am
Stocks in news: KRN Heat, Hero Moto, ITC, Mankind, Dabur, Zydus Life, Ujjivan SFB & NMDC

Stocks including KRN Heat, Hero Motocorp, ITC, Mankind Pharma, Dabur, Zydus Life, Eicher Motors, NMDC and more will be the spotlight on Thursday, October 03.

3 Oct 2024 8:13 am
ITC shares in news today on Rs 485-crore acquisition in IT space

On Tuesday, the ITC stock ended 0.41% lower at Rs 515.95 against the previous close of Rs 518.10. Market cap of the firm stood at Rs 6.43 lakh crore

3 Oct 2024 8:09 am
Suzlon Energy, RVNL, Bajaj Housing Finance likely to enter largecap club; BHEL, NHPC may slip to midcap category

Adani Total Gas Ltd, IDBI Bank, Union Bank of India, BHEL and Canara Bank are among a few largecap stocks that can be downgraded to midcap category, a study by Nuvama Institutional Equities suggests.

3 Oct 2024 8:04 am
Sensex, Nifty, Nifty Bank levels to watch out; 5 factors that may impact stock market today

Indian benchmark indices are set to open for trading on Thursday, where they may see some heightened volatility during the session amid a host of domestic and global cues.

3 Oct 2024 8:02 am
2 metal stocks to buy despite valuation, demand concerns

Metal stocks: Nomura believes that there are structural reasons for metals, especially India steel majors, to continue to trade at higher than historical levels.

3 Oct 2024 7:40 am
KRN Heat Exchanger shares to list today; will it deliver multibagger return?

Rajasthan-based KRN Heat Exchanger sold its IPO in the price band of Rs 209-220 per share with a lot size of 65 shares, which was open for bidding between September 25 and September 27.

3 Oct 2024 7:37 am
Bandhan Bank, Gujarat Gas, Godrej Consumer: Trading strategies for these buzzing stocks

An analyst at Master Capital said that Bandhan Bank has corrected nearly 10% from its recent swing high of 215.44 but remains above a key rising trendline, which has consistently served.

3 Oct 2024 7:27 am
Market mood: Will Iran-Israel crisis test Dalal Street's nerve on Thursday?

Over the past five trading sessions, the Nifty index has dropped by 480 points, closing at 25,797 on Tuesday (October 1) after sliding from a peak of 26,277.

2 Oct 2024 10:11 pm
Anil Ambani's Reliance unveils green playbook with largest solar plant in Bhutan. Details inside

In partnership with Druk Holding and Investments Ltd (DHI), the commercial arm of the Bhutanese government, Reliance Enterprisesa newly established company under Reliance Infrastructure Ltd and Reliance Power Ltdwill lead the project.

2 Oct 2024 7:13 pm
'If you leave out...: Raghuram Rajan has a cautionary note for Shaktikanta Das and co

Food prices are a major factor in Indias inflation dynamics, with nearly half of the Consumer Price Index (CPI) basket dedicated to food.

2 Oct 2024 6:36 pm
'Throwing people into a very big pressure cooker': Sridhar Vembu on toxic work culture in Indian companies

Vembu's comments come at a time when there has been a spate of incidents wherein young employees lost their lives to excessive work load.

2 Oct 2024 5:12 pm
Jefferies Chris Wood cuts India weight by 1%; increases China's weightage by 2%

Christopher Wood, global head of equity strategy at Jefferies, has cut exposure to Indian equities by one percentage point on October 2.

2 Oct 2024 3:51 pm
Vistara experience will remain: Air India says airlines aircraft, crew, service will continue

Air India-Vistara merger: An Air India spokesperson said Vistara aircraft will have numbers starting with the prefix 'AI2' after the merger. The Air India-Vistara merger is scheduled for November 12.

2 Oct 2024 3:26 pm
RInfra approves fundraising of up to Rs 2,930 crore; stock up 62% in a month. Analyst views

Reliance Infra shares: On the stock-specific front, shares of RelInfra have seen a massive rise in the past one month. Last checked, the stock settled 1.20 per cent lower at Rs 332.15. At this price, it has rallied 62.22 per cent in a month.

2 Oct 2024 1:56 pm
Bizzare UProbbery! Man enters bank with suicide note, loots Rs 40 lakhs, flees

After entering the manager's office urgently, heinformed him that he owed Rs 38.5 lakh on his home loan. He warned that if he didn't pay the money immediately, his house would be sold at auction

2 Oct 2024 1:33 pm
No new anti-profiteering cases to be taken up under GST from April 1

The principal bench of the GSTAT will hear ongoing anti profiteering complaints, taking over from the Competition Commission of India.

2 Oct 2024 1:26 pm
RIL shares slipped 9% from record high levels; is it time to accumulate?

RIL share price: Analysts largely remained positive on the index heavyweight. One can continue to hold on to RIL, a market expert said.

2 Oct 2024 1:25 pm
Appleaccused by US labour board of imposing illegal workplace rules

The complaint accusesAppleof interfering with, restraining, and coercing employees in the exercise of their rights under federal labor law.

2 Oct 2024 12:52 pm
Rs 136 to Rs 1,620: This stock gave multibagger returns in 5 years but rally faces two risks

The multibagger stock ended 2.26% higher at Rs 1619.80 on October 1 against the previous close of Rs 1584 on BSE.At the current level, the stock has gained 24% from its 52 week low of Rs 1306 hit on February 14, 2024.

2 Oct 2024 12:43 pm
Amanta Healthcare filed DRHP with Sebi to float its IPO

The proposed issue shall entirely be a fresh share sale of up 1,25,00,000 equity shares with a face value of Rs 10 each. However, the company has not disclosed the issue size and price band.

2 Oct 2024 12:33 pm
F&O curbs: How SEBI moves may impact stock market, retail investors & brokers

The market regulator SEBI announcing a slew of measures to tame speculative retail trading in F&O segment could have visible impact on retail sentiment and market volumes at large.

2 Oct 2024 11:49 am
KRN Heat Exchanger IPO: GMP falls after allotment; is it still a multibagger in making?

Rajasthan-based KRN Heat Exchanger sold its IPO in the price band of Rs 209-220 per share with a lot size of 65 shares, which was open for bidding between September 25 and September 27.

2 Oct 2024 10:17 am
Garuda Construction and Engineering IPO: Check price band, dates & other details

The net proceeds from the issue shall be utilized towards funding working capital requirements, unidentified inorganic acquisitions and general corporate expenses.

2 Oct 2024 9:07 am
Stock market holiday: BSE, NSE to remain closed today on account of Mahatma Gandhi Jayanti

Stock market holiday: During the previous session on Tuesday, domestic benchmarks settled lower as energy shares dragged. The 30-share BSE Sensex pack shed 33 points or 0.04 per cent to end at 84,266. The broader NSE Nifty index edged down 14 points or 0.05 per cent to close at 25,797.

2 Oct 2024 7:55 am
'My manager once video-called me to see if...': Bizarre reactions by Indian managers to sick leaves spark online debate

One Reddit user asked Indians about their managers' responses when they called in sick, and the replies were a mix of sad and funny experiences.

2 Oct 2024 12:01 am
'October 7th incident was a terrorist attack': EAM S. Jaishankar on Israel-Iran conflict

On Monday, PM Narendra Modi told his Israeli counterpart Benjamin Netanyahu that terrorism has no place in our world and India will support efforts for early restoration of peace.

1 Oct 2024 11:35 pm
Iran attacks Israel: Biden orders U.S. military to aid Israels defense as Iranian missile rains down

The White House, in a statement, confirmed that the meeting focused on U.S. preparedness to assist Israel.

1 Oct 2024 11:25 pm
Iran attacks Israel: Iran's UN mission calls attack legal and rational as Middle East war widens

The attack comes amid heightened tensions in the region, with both countries previously exchanging heated rhetoric.

1 Oct 2024 11:07 pm
Iran fires missiles on Israel: Indian Embassy issues advisory for Indian nationals

The Israeli military has confirmed that missiles originating from Iran have been fired towards Israel. Following this, the Indian embassy in Tel Aviv released a safety advisory for Indian nationals.

1 Oct 2024 10:49 pm