Minority investors show less dissent as cos hear them out
Mumbai : Companies are facing less dissent from shareholders these days. Shareholder resolutions with more than 20% dissent from institutional shareholders dropped to 16% in the recently concluded proxy season, down from 17% in the previous two fiscals, as per data from primeinfobase.com. In actual numbers, 1,581 out of 10,092 resolutions saw more than 20%…
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Tata Motors shares fall 2% as October sales remain flat YoY
Shares of Tata Motors today fell by 2.2% to an intraday low of Rs 825 on the BSE after the company reported a muted growth in its monthly auto sales on a yearly basis at 80,839 units. The company reported total sales of 82,682 units in October 2024, nearly unchanged from the 82,954 units sold…
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US election, Q2 earnings, Fed meet and 5 more factors to likely impact stock markets this week
The Indian equity market concluded Friday with a 0.5% weekly gain, led by gains in banking, financial, and metal stocks. As markets reopen on Monday, a mix of domestic and international eventsβincluding Q2 earnings reports, the US election, and global market dynamicsβwill likely shape market movements. On Friday, the Nifty 50 and BSE Sensex rose…
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Sensex jumps over 150 points, Nifty tops 24,826; banks lead gains
Indian benchmark equity indices Sensex and Nifty50 opened marginally higher on Tuesday, amid weak global cues, driven by gains in index heavyweights ICICI Bank, Infosys, and Reliance Industries. The BSE Sensex rose 171 points, or 0.21%, to 81,323, while the Nifty50 gained 45 points, or 0.18%, trading at 24,826 at around 9:19 am. From the…
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How Hyundai India IPO could keep listed rivals like Maruti on edge
The much-anticipated market debut of Hyundai Motor India is set to raise the stakes in the Indian auto industry, with competition expected to heat up, particularly in the passenger vehicle segment. The IPO is likely to push other listed auto players to innovate and elevate their product offerings. Maruti Suzuki, currently the market leader with…
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Ratan Tata years: Profit zoomed 51 times, market capitalization 33 times under his leadership
Tata Group patriarch Ratan Tata, who passed away last night at the age of 86, added enough zeros to the salt-to-software conglomerate’s balance sheets for revenues to pole-vault 46 times to Rs 4.75 lakh crore in his 21 years of chairmanship which ended in 2012. The tycoon took over the reins of the Tata Group…
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Stocks in news: Nykaa, BEL, Tata Motors, HEG, Puravankara
Equity markets remained under pressure and extended its corrective phase, losing nearly a percent. In today’s trade, shares of Nykaa, BEL, Tata Motors, HEG, Puravankara among others will be in focus due to various news developments. HEGHEG acquired 8.23% stake in GrafTech International for about Rs 248.62 crore. GrafTech International is a leading manufacturer of…
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Investors lose nearly Rs 3 lakh crore as Sensex, Nifty sink; key factors behind Monday mayhem
Indian benchmark equity indices fell sharply on Monday, with the Sensex dropping over 800 points and the Nifty slipping below the 26,000 mark, amid mixed cues from regional markets. The decline was led by index heavyweights Reliance Industries, IT, and financial stocks. The market capitalisation of all listed companies on the BSE fell by Rs…
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Sensex rises above 85,300 for the first time, Nifty hits fresh peak; IT, bank stocks shine
Key equity indices Sensex and Nifty opened at fresh record highs for the sixth consecutive session on Thursday, driven by gains in IT and auto stocks, amid continued optimism over higher foreign inflows. The BSE Sensex was up 123 points, or 0.15%, at 85,290, while the Nifty50 rose 40 points, or 0.15%, to 26,043 around…
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Sensex, Nifty trade lower as investors stay on sidelines ahead of US Fed meet
With traders keeping their cards close to their chests as the two-day crucial meeting of the US Fed begins tonight, Sensex and Nifty opened on a muted note with buying seen in FMCG stocks. Britannia, Tata Consumer and HUL were trading 1% higher each while Tata Motors fell over 2% after 1.9 crore shares of…
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