The TCS Sydney Marathon has been officially designated as an Abbott World Marathon Major (AWMM), becoming the seventh race in this prestigious series and the first in the Southern Hemisphere, Tata Consultancy Services announced today. The shares of Tata Consultancy Services Limited were trading at ₹3,963.05 down by ₹21.15 or 0.53 per cent on the…
Indian equity benchmarks tumbled on Monday, with both Sensex and Nifty falling more than 1 per cent as investors turned cautious ahead of the US presidential election and Federal Reserve’s policy decision later this week. The BSE Sensex plunged 941.88 points or 1.18 per cent to close at 78,782.24, while the NSE Nifty declined…
Shares of Cipla gained nearly 2 per cent on Monday, following the United States Food and Drug Administration (USFDA) classifying its Goa facility as “Voluntary Action Indicated” (VAI) status. According to a company filing, the USFDA recently inspected Cipla’s Goa facility from June 10 to June 21, 2024. The facility had been facing a compliance…
Shares of Sun Pharmaceutical fell 2.64 per cent after the pharma major recently announced that the US District Court of delayed the launch of its new drug – Leqselvi. According to the stock exchange disclosure, Sun Pharma is restricted from launching Leqselvi until a subsequent favorable court decision or until the expiry of patent in lawsuit, whichever is earlier. The action follows the company’s challenge…
The shares of Afcons Infrastructure, the flagship of the Shapoorji Pallonji group, listed at an 8 per cent discount to its IPO issue price but then gained and went to an intra-day high that was over 12 per cent higher than the listing price. The stock opened at ₹426, and its intra-day high was ₹477.50…
I’m holding the following options: Reliance 1360-call bought for ₹33 and ICICI Bank 1290-call bought for ₹35. Kindly advise whether I should hold or exit – Nagaraj Reliance Industries (₹1,295): The stock has been steadily depreciating since early October after facing a resistance at ₹1,520. It has opened today’s session on the back foot and…
Indian equity benchmarks extended their morning losses in Monday’s afternoon trade, with the Sensex plunging over 1,200 points as concerns over global events and foreign fund outflows continued to weigh on investor sentiment. The BSE Sensex traded at 78,480.93, down 1,243.19 points or 1.56 per cent from its previous close at 12.30 PM. The NSENifty…
Indian automotive giant Mahindra & Mahindra announced today its plans to unveil two new electric SUVs, the XEV 9e and BE (pronounced be) 6e, at the Unlimit India World Premiere event in Chennai on November 26, 2024. The shares of Mahindra & Mahindra Limited were trading at ₹2,820.95 up by ₹3.30 or 0.12 per cent…
Indian benchmark indices dropped nearly 1 per cent in early trade on Monday as investors turned cautious ahead of the US presidential election and Federal Reserve’s monetary policy meeting this week, while continued selling by foreign institutional investors (FIIs) also weighed on sentiment. At the market open on November 4, 2024, the Sensex fell from…
Shares of Afcons Infrastructure will be listed on the bourses today. The company has fixed the IPO price at ₹463 at the upper end of the ₹440-463 price band. The initial public offering (IPO) of Afcons Infrastructure, the flagship infrastructure, engineering, and construction company of the Shapoorji Pallonji group, sailed through on the last day,…
