Domestic benchmark indices opened higher for the second consecutive day on Tuesday, supported by easing trade tensions between the U.S. and its trading partners, along with sustained foreign inflows that bolstered investor sentiment. The BSE Sensex was trading 405 points, or 0.51%, higher at 80,612. The Nifty50 was up 120 points, or 0.49%, trading at…
READ MOREGlobal funds are returning to Indian stocks, signaling that this month’s rally in Asia’s best-performing equity market likely has more legs. Having largely been sellers in the months since Indian benchmarks scaled records in September, foreigners are coming back amid growing optimism that a domestically-driven economy will make the South Asian nation withstand the global…
READ MOREParas Defence and Space Technologies shares zoomed 7.8% to an intraday high of Rs 1,127 on BSE on Monday after the company announced that its board will meet on April 30 to consider and approve a stock split along with its financial results for the quarter ended March 2025. “Pursuant to Regulation 29 and other…
READ MOREIndian benchmark indices ended over 1% higher on Monday, with the BSE Sensex soaring over 1,000 points and the Nifty50 closing above 24,300. The rally was driven by heavyweight Reliance Industries after it reported better-than-expected earnings, while continued foreign inflows further boosted market sentiment. The 30-share BSE Sensex jumped 1,005.8 points, or 1.27%, to settle…
READ MOREShares of Motilal Oswal Financial Services fell as much as 4.9% to Rs 660.15 on the BSE on Monday, extending a two-day slide to 12.6% after the company posted its first quarterly loss in five years. Motilal Oswal Financial Services (MOFSL) reported a net loss of Rs 63.2 crore for the fourth quarter of FY25,…
READ MOREShares of Gensol Engineering extended their sourthward journey on Monday, dropping 5 per cent, to hit a fresh lower circuit limit, amid the ongoing crisis at the firm. The stock of the firm tanked 5 per cent to hit the lowest trading permissible limit as also its 52-week low of Rs 86.50 on the BSE….
READ MOREShares of Tata Group-owned Tejas Networks fell as much as 15.6% on Monday to Rs 726.10 on the BSE after the telecommunications equipment maker posted a consolidated net loss of Rs 71.80 crore for the fourth quarter, alongside heavy provisions for inventory write-downs. Tejas Networks reported a net loss of Rs 71.80 crore for the…
READ MOREThe sharp rise in US import tariffs is expected to weigh on economic growth. However, conflicting factors make the ultimate impact on inflation uncertain. Interestingly, US TIPS have been signalling that these crosscurrents could eventually lead to disinflation. US firms not keen to reshore production It has seemed clear that Trump intends to use tariffs…
READ MOREThe combined market valuation of six of the top-10 valued firms soared by Rs 1,18,626.24 crore last week, with Tata Consultancy Services stealing the show with maximum gains. Last week, the BSE benchmark gauge climbed 659.33 points or 0.83 per cent, and the NSE Nifty went up by 187.7 points or 0.78 per cent. Reliance…
READ MOREForeign investors have infused Rs 17,425 crore in the country’s equity markets last week, supported by a combination of favourable global cues and strong domestic macroeconomic fundamentals. This came following a net investment of Rs 8,500 crore in the preceding holiday-truncated week ended April 18. Globally, steady performances in major markets, expectations of a pause…
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