Market regulator Securities and Exchange Board of India (Sebi) on Friday directed all Sebi registered intermediaries uploading or publishing advertisements on social media platforms (SMPs) like Google and Meta, to register on these platforms using their email ids and mobile numbers as registered on SEBI SI Portal. These social media platform providers will then carry…
READ MORESBI Mutual Fund (MF), ICICI Prudential MF, and Nippon India MF on Friday acquired a 4.12 percent stake in travel distribution firm TBO Tek for Rs 537 crore through open market transactions. TBO Tek is a technology platform engaged in the business of providing services related to tours and travel. A total of 44.72 lakh…
READ MORESynopsis What’s happening in one sector should not be taken as a sign of what’s happening in the market. But if it is banking and auto stocks which are leading a rally, the chances are that the market will see a higher upside in the near term. So, in the extreme short term, it would…
READ MORETBO Tek shares tumbled 5.5% to an intraday low of Rs 1,200 on the BSE on Friday after a Rs 400 crore block deal in the travel distribution firm was intiaited, with Augusta TBO Singapore Pte Ltd and TBO Korea Holdings Ltd looking to offload up to a 3.1% stake, sources told CNBC-TV18. The offer…
READ MOREDespite a nascent recovery in Indian markets, it’s important to highlight that foreign institutional investors (FIIs) have kept up their selling trend in the first two weeks of March. However, this was followed by an emphatic consensus that the sell-off is slowing, something which Indian investors can hang on to. With a little bit of…
READ MOREIndian equity indices opened in the red on Friday, snapping a four-session gaining streak, dragged by IT stocks amid concerns over discretionary spending in the U.S.The BSE Sensex was down 114 points, or 0.15%, at 76,234, while the Nifty50 slipped 14 points, or 0.06%, to 23,176 around 9:19 am. The Nifty IT index dropped over…
READ MORERail Vikas Nigam Limited (RVNL) shares gained 2.4% to the day’s high of Rs 366 in Friday’s early trade after the company announced securing a contract worth Rs 554.64 crore from the National Highways Authority of India (NHAI). The contract involves the construction of a six-lane access-controlled connectivity road to the Visakhapatnam Port in Andhra…
READ MOREPSU stocks will end FY25 on a lackluster note, recording their worst performance of the past three financial years. Nearly 73% or 46 stocks out of 63 analysed by ETMarkets have witnessed a decline of up to 48% so far, and Mazagon Dock Shipbuilders stands tall as the only multibagger in the pack. With just…
READ MOREBitcoin, Ether, and major cryptocurrencies surged on Thursday as investor sentiment improved following the Federal Reserve’s signal that it still expects two rate cuts this year. The Fed left interest rates unchanged on Wednesday, as widely expected, while maintaining its projection for two quarter-percentage-point cuts by year-end. Policymakers, however, raised their inflation forecast and lowered…
READ MOREThe shares of InterGlobe Aviation-owned IndiGo have zoomed 7.9% in just 2 days to hit their new all-time high of Rs 5,187 on the BSE after the airline company shared its ambitious roadmap for FY30. IndiGo, in its investor presentation, shared that it anticipates carrying 118 million passengers in FY25, with early double-digit growth projected…
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