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Tag: stock market news

Trump has left economists connecting the dots, and it does not paint a rosy picture

Trump has left economists connecting the dots, and it does not paint a rosy picture

Since assuming presidency of the United States for his second term, Trump has been imposing tariffs, no holds barred. Be it launching against the US largest trading partners or accelerating the antagonistic stance against China, or threatening other economies including the European Union and India, Trump has been imposing what seem to be blindly sweeping…

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Tech, auto heavyweights drag Sensex 200 points lower; Nifty below 23,600

Tech, auto heavyweights drag Sensex 200 points lower; Nifty below 23,600

Indian benchmark equity indices Sensex and Nifty50 traded lower on Friday led by losses in M&M and Infosys. However, markets may see intraday fluctuations amid foreign inflows and optimism over a domestic growth rebound. The BSE Sensex was trading 256 points, or 0.33%, lower at 77,361. The Nifty50 was up 67 points, or 0.27%, trading…

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BSE shares climb 6% as company mulls bonus share issuance on March 30

BSE shares climb 6% as company mulls bonus share issuance on March 30

BSE shares surged nearly 6%, hitting the day’s high of Rs 4,730.30 on the NSE after the exchange announced that its board of directors would meet on March 30 to consider and approve a proposal to issue bonus shares. This could mark the stock exchange operator’s second bonus issue in three years. BSE shares had…

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Nifty indices rejig: Zomato, Jio Fin to see inflows up to 1 mn; Britannia, BPCL face outflows up to 0 mn on exit

Nifty indices rejig: Zomato, Jio Fin to see inflows up to $591 mn; Britannia, BPCL face outflows up to $300 mn on exit

The semi-annual rejig of Nifty indices is set for Thursday, March 27, with Zomato and Jio Financial Services set to enter the Nifty 50 index, driving combined cumulative inflows of $591 million across passive funds, according to Nuvama Alternative & Quantitative Research. Meanwhile, the exclusion of Britannia Industries Ltd. and Bharat Petroleum Corp Ltd. (BPCL)…

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Exide, Amara Raja shares jump up to 5% as safe harbour threshold for Li-ion batteries raised to Rs 300 cr

Exide, Amara Raja shares jump up to 5% as safe harbour threshold for Li-ion batteries raised to Rs 300 cr

Shares of Exide Industries and Amara Raja surged up to 5% in Wednesday’s intraday trade after the Central Board of Direct Taxes (CBDT) expanded the scope of Safe Harbour Rules, including lithium-ion batteries used in electric and hybrid vehicles under the definition of core auto components, according to a notification. Safe Harbour Rules provide businesses…

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IREDA shares jump 4% ahead of board meeting to consider borrowing plan for FY2025-26

IREDA shares jump 4% ahead of board meeting to consider borrowing plan for FY2025-26

The shares of the Indian Renewable Energy Development Agency (IREDA) jumped 4% to their day’s high of Rs 176.80 on the BSE on March 25, ahead of the company’s board meeting, which is scheduled later today to consider matters related to its borrowing plan for FY 2025-26.“In compliance with Regulation 29 & 50(1) of SEBI…

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Apollo Hospitals shares in focus as subsidiary raises stake in Keimed for Rs 625 crore

Apollo Hospitals shares in focus as subsidiary raises stake in Keimed for Rs 625 crore

Apollo Hospitals shares will be in focus on Monday after its subsidiary, Apollo Healthco (AHL), announced plans to acquire an additional 11.2% stake in Keimed Pvt Ltd for Rs 625.43 crore from promoter Shobana Kamineni. In a regulatory filing, Apollo Hospitals stated that its board had approved AHL’s acquisition of 11.2% of Keimed’s issued and…

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