Shares of Central Depository Services (India) Ltd (CDSL) fell by nearly 3% on Thursday to hit an intraday low of Rs 1,630.40 apiece on the NSE, as investor attention shifted towards the upcoming initial public offering (IPO) of its rival, National Securities Depository Limited (NSDL). The two companies operate as the only depositories in India…
READ MOREIndian equity benchmarks tumbled on Friday, with the Sensex plunging over 700 points intra-day and the Nifty50 slipping below the 24,850 mark. The sell-off was led by financial stocks, particularly Bajaj Finance, amid broader concerns around global cues and foreign investor activity. As of 12:28 pm, the BSE Sensex was down 720 points, or 0.88%,…
READ MOREShares of Indian Energy Exchange (IEX) rebounded sharply on Friday, July 25, surging as much as 12.8% to Rs 149.45 on the BSE, a day after suffering their steepest single-day decline on record. The stock remains under the Futures and Options (F&O) ban even as strong quarterly earnings offered some respite to investors. On Thursday,…
READ MOREShares of PTC India surged 8.8% to an intraday high of Rs 206.90 on the BSE on Thursday after the Central Electricity Regulatory Commission (CERC) officially approved the implementation of market coupling in India’s electricity trading system. The announcement triggered contrasting reactions across power exchange-linked counters, with shares of Indian Energy Exchange (IEX) falling sharply…
READ MOREShares of Indian Energy Exchange Ltd (IEX) were placed under the Futures and Options (F&O) ban on Thursday, July 24, after the open interest in its derivatives contracts crossed 95% of the Market-Wide Position Limit (MWPL) set by the National Stock Exchange. The move comes amid heightened trading activity following a regulatory order on power…
READ MOREAfter a prolonged slump in housing sales volumes, green shoots of recovery are becoming visible. According to a recent report by Nuvama Institutional Equities, residential sales volumes in India rose 1% year-on-year in June 2025, breaking a 12-month streak of annual declines. This marginal, albeit modest, increase is significant as it is aided by a…
READ MOREBrigade Hotel Ventures, the hospitality subsidiary of real estate firm Brigade Enterprises, is set to launch its initial public offering (IPO) on Thursday, July 24. The offering consists solely of a fresh issue valued at Rs 759.6 crore, with a price band of Rs 85 to Rs 90 per equity share.In the unlisted market, the…
READ MOREThe initial public offering (IPO) of GNG Electronics continued to see strong investor demand on the second day of bidding, with the issue subscribed nearly 27x on Thursday. Non-institutional investors (NIIs) led the demand, subscribing 68 times their quota, while the retail portion was subscribed 23 times. The qualified institutional buyer (QIB) segment saw 2.21…
READ MOREShares of Tata Motors surged for a second consecutive session on Thursday, gaining as much as 2.4% to Rs 706.5 on the BSE, driven by optimism surrounding global trade deals that could ease tariffs on automobile exports. The stock has advanced 4.9% over the past two sessions. The broader Nifty Auto index climbed 0.6% on…
READ MOREShares of Nestle India fell as much as 5.2% to Rs 2,326 on BSE on Thursday after the Maggi-maker reported a 13.4% year-on-year (YoY) decline in its profit after tax for the first quarter of FY26, with the company citing elevated commodity prices and rising operational costs as key drags on profitability. The company’s profit…
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