Benchmark Sensex and Nifty edged up in volatile trade on Friday following buying in blue-chip stocks such as ICICI Bank and Bharti Airtel amid mixed global trends ahead of the US Fed chair’s speech at Jackson Hole Symposium. Rising for the fourth straight session, the 30-share BSE Sensex ended 33.02 points or 0.04 per cent…
The Indian stock markets concluded Friday’s session with minimal gains, as investors maintained a cautious stance ahead of the US Federal Reserve Chair’s speech at Jackson Hole. The BSE Sensex closed at 81,086.21, up 33.02 points or 0.04%, while the Nifty 50 ended at 24,823.15, up 11.65 points or 0.05%. The day’s trading was characterised…
Exhicon Events Media Solutions Limited announced today its 5-year strategic vision, aiming for a 50 per cent compound annual growth rate (CAGR) over the next five years. The company plans to expand its presence in Tier 2 cities across India, with a focus on establishing over 15 multi-event venues. The shares of Exhicon Events Media…
Sunita Tools Limited announced that it has received a contract worth approximately ₹3.48 crores for various types of mould base plates. The shares of Sunita Tools Limited were trading at ₹776.15, up by ₹21.20 or 2.81 per cent at 2:15 pm today at the BSE. The order, placed by a domestic entity described as an…
Indian stock markets showed mixed trends in afternoon trading on Friday, August 23, 2024, with the Sensex and Nifty hovering near their opening levels. As of 1:20 pm, the Sensex was trading at 81,086.45, up 33.26 points or 0.04 per cent from its previous close. The Nifty stood at 24,830.55, gaining 19.05 points or 0.08…
Kaynes Technology India Limited inaugurated a new electronics manufacturing facility in Hyderabad today. The “state-of-the-art” plant, operated by its wholly-owned subsidiary Kaynes Electronics Manufacturing Private Limited, is located at Industrial Park, Kongara Kalan, Rangareddy. The shares of Kaynes Technology India Limited were trading at ₹5,110.30, up by ₹88.20 or 1.76 per cent today on the…
Markets regulator SEBI has barred industrialist Anil Ambani and 24 other entities, including former key officials of Reliance Home Finance, from the securities market for five years for diversion of funds from the company. Sebi has penalised Ambani by ₹25 crore and restrained him from being associated with the securities market, including as a director…
Mamaearth announced the launch of its Kerala Thaali Hair Care Range. The new product line draws inspiration from Kerala’s cultural heritage and natural ingredients, featuring components like hibiscus, shikakai, and amla. This launch marks Mamaearth’s shift towards regional product innovation, targeting specific regional markets rather than adopting a nationwide approach. The shares of Honasa Consumer…
Adani group promoters may sell up to 3 per cent of their shares in Ambuja Cements as part of a regular adjustment of holdings they carry to keep stake across the ports-to-energy conglomerate at desired levels, a PTI report quoting sources said. Promoters will sell about 7 crore shares, or 2.84 per cent, in the…
AI-powered equity investment platform InvestorAi has raised ₹80 crore in a Series A round from Ashish Kacholia, Founder of Lucky Investment Managers, and his associates. The funds raised will be used to develop new AI products and scale up sales and operations in response to the huge market opportunity in India. Founded in 2018, InvestorAi…
