Investors' wealth tumbles over Rs 4.48 trillion as markets plummet
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Investors' wealth tumbled Rs 4.48 lakh crore during day trade on Friday with the BSE benchmark plummeting 1,488 points tracking weak global trends.
The 30-share benchmark index tumbled 1,488.01 points during the day to 57,307.08.
The market capitalization o
Tega Industries sets IPO price band at Rs 443-453 per share
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Tega Industries, manufacturer of consumables for the mining industry, on Friday said it has fixed a price band of Rs 443-453 a share for its Rs 619-crore initial share-sale.
Realty index slips 6%; DLF, Oberoi Realty, Godrej Properties down up to 8%
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Despite the over 10 per cent correction from its 52-week high, the BSE Realty index has outperformed the market by surging 57 per cent thus far in the calendar year 2021
Sector allocations for a correction-proof portfolio
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As benchmark indices declined four per cent over the past one month, Devang Mehta of Centrum Wealth and Varun Lohchab of HDFC Securities decode investment strategies to ride the on-going correction
According to the technical analyst from Anand Rathi, JINDALSAW has seen a strong resurgence in the last two sessions backed by robust volumes indicating soaring demand at lower levels
6% rally in Reliance Industries stock powers gains for Sensex and Nifty
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Shares of Reliance Industries Limited were in heavy demand on Thursday as it jumped over 6 per cent, helping market benchmarks close with huge gains.
The market heavyweight stock jumped 6.10 per cent to close at Rs 2,494.40 on BSE. During the day, it zoomed
Banning cryptocurrencies could lead to more unlawful usage: Industry body
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BACC's statement comes days after the government listed for introduction in Parliament a bill to ban all private cryptocurrencies, with some exceptions
Shri Bajrang Power & Ispat to nearly halve debt from Rs 700-cr IPO
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Raipur-based integrated steel manufacturer Shri Bajrang Power & Ispat plans to pay back around Rs 400 crore of its long-term debt from the proceeds of its forthcoming Rs 700-crore initial share sale.
The company, among the top 10 in terms of installed capaci
Market wrap: 6% rally in RIL stock powers gains for Sensex and Nifty
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RIL shares rise as board approves restructuring plan; Bajaj Auto's m-cap falls below Rs 1-trillion mark; India Inc to show significant EBITDA growth in next 12-18 months, says Moody's
GSK Pharma surges 11%, hits 52-week high on improved outlook
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The management expects this positive momentum to continue through the second half of the year driving the company towards the better end of a meaningful performance improvement.
RIL gains 3% on plans to hive-off gasification assets into separate unit
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RIL said the Scheme will also enable the company to evaluate unlocking the value of syngas, with a collaborative and asset-light approach involving induction of investor(s) in the gasifier subsidiary
BlackRock, Canada Pension bought more Paytm stock after weak market debut
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BlackRock Inc. and Canada Pension Plan Investment Board were among so-called anchor investors in the IPO that bought more Paytm shares on Tuesday and Wednesday
Stocks to Watch: RIL, Asian Paints, PVR, SBI, Axis Bank, Dixon, Onward Tech
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Reliance Industries has decided to implement a Scheme of Arrangement (Scheme) to transfer Gasification Undertaking into a wholly-owned subsidiary (WOS)