Markets / The Hindu Businessline
Axis Securities fails to settle clients' funds and securities and provide retention statements with account details
By conferring QIB status upon AIs, SEBI seeks to resolve the regulatory incongruity under the Companies Act, 2013, where private placement offers are capped at 200 investors, except in cases involving QIBs
Geo-political risks push RBI to strengthen gold reserves to a record 879 tonnes
Deals of home-grown players suggest what Uday Kotak recently said is sadly true
Tata Steel emerged as the top gainer, rising 1.88 per cent to 140.60 and Mahindra & Mahindra was the biggest laggard, plunging 6.07 per cent to 2,667.80
Mahindra & Mahindra tanked over 6 per cent. Adani Ports, Tata Motors, Sun Pharma, Power Grid, Zomato, ICICI Bank, State Bank of India and UltraTech Cement were also among the laggards.
Forex traders said the Indian rupee declined on Friday on weak domestic markets and a recovery in the US dollar index
ICICI Securities added in its report that key sectors like capital goods and pharma witnessed an upgrade while metals & mining and FMCG space witnessed a downgrade with aggregate forward Nifty earnings declining low single digit
Senores Pharmaceuticals plans to manufacture Roflumilast tablets at its US facility and will fund the acquisition using proceeds from its recent IPO
Acquisition to increase JSW Energys net debt to EBITDA ratio to 5.6x in FY26, before improving to 4.06x in FY27
DEV IT secures contract amid competition from multiple companies empanelled under the National Informatics Centre (NIC) in Delhi
The company plans to develop destination-specific content, including blogs and videos, while launching co-funded marketing campaigns to increase Koreas visibility in the Indian market
Hindalco shares lead the gainers among Nifty 50 pack in mid-day trading session, climbing 2.53 per cent to trade at 654.95
BSE Chief of Special Projects Sameer Patil cites health reasons for his immediate resignation
Indias LNG imports from the US rose by more than 71 per cent Y-o-Y during 11M CY2024
Market breadth was negative, with a higher number of stocks declining compared to those advancing.
The base issue size is 100 crore with a green shoe option of 200 crore, part of the companys larger 2,000 crore shelf limit
CLSA believes NHPC stock could double in value over the next four years despite experiencing a 25 per cent correction over the past six months
Sandip Bansal, deputy Chief Investment Officer at ASK Investment Managers, expects an improvement in corporate earnings, a stable rupee, and government reforms to bring back foreign institutional investors into Indian markets in Q4
Name change part of a strategic shift to expand companys focus in the real estate sector
Motherson Treasury Strategy Limited will provide treasury related services including cash management, working capital management, and financing solutions for SAMIL and its subsidiaries
At the interbank foreign exchange, the rupee opened at 86.50 against the greenback, up 14 paise from its previous close
At 9.57 am on Friday, April Brent oil futures were at $76.43, down by 0.07%, and April crude oil futures on WTI (West Texas Intermediate) were at $72.44, down by 0.06%
The broader market shows some resilience despite the benchmark weakness
Exporters to Middle East and CIS countries turn active
Quality Power Electrical Equipments IPO listing today, Quality Power share price today live news & updates February 21, 2025: Quality Power Electrical Equipments IPO got subscribed 1.29 times on the last day of bidding on February 18, 2025. Track live listing and share price updates here
The company successfully raised 225 crore from its IPO, which included an offer for sale of 633.70 crore, bringing the total issue size to 858.70 crore.
Analysts expect mid and small-cap stocks to see bottom fishing
Buzzing stocks: Torrent group, NTPC Green Energy, Kotak Mahindra Bank, Tata Steel, RVNL, PFC, Ceigall, Electrosteel Castings, Vedanta, ISGEC Heavy, HFCL, HG Infra, JM Financial
Sensex, Nifty Live updates on 21 February 2025: The stock of Indraprastha Gas, which declined in January, appears to have formed a base at 185. The price action now, especially after gaining well over the past few sessions, is showing bullish signs. Although there is a resistance ahead at 205, we expect the stock to surpass this. Such a move will confirm a double bottom chart set up, indicating a potential bullish trend reversal.
SEBI launches unified investor apps MyEasi and SPEED-e by NSDL and CDSL to simplify portfolio management and prevent fraud
The broader markets significantly outperformed the benchmark indices, with the Nifty Midcap 100 rising 1.26 per cent and the Nifty Smallcap 100 surging 1.43 per cent
BSE Sensex drops 203.22 points or 0.27 per cent to settle at 75,735.96; Nifty dips 19.75 points or 0.09 per cent to 22,913.15
How to stay safe? Watch this video to know more.
Shriram Finance shares surged 3.36 per cent to reach a last traded price (LTP) of 576.55 at midday
Waterfield, managing $5 billion plus in assets for 375 clients, will use the funds to upgrade technology, expand financial hubs, and engage more with founders, professionals, and women investors