Sensex, Nifty updates on October 28 2024: Stock markets snapped the five-day losing streak on Monday with the benchmark Sensex rebounding 602 points on buying in ICICI Bank, firm global trends and continuous buying by domestic institutional investors. The BSE Sensex jumped 602.75 points or 0.76 per cent to settle at 80,005.04. During the day,…
Renew Exim DMCC, a Adani Group firm, has entered into an agreement to acquire 46.64 percent stake in engineering and construction firm ITD Cementation India from its promoters for Rs 3,204 crore at Rs 400 per share, the company announced in a stock exchange notification. It also made an open offer to acquire an additional 26…
Domestic markets are expected to open positive on Monday amid mixed global cues. FPI sold Rs 1 lakh crore Two primary concerns — foreign institutional investors (FIIs) selling and weak earnings — are expected to continue influencing sentiment into the coming week, said Ajit Mishra – SVP, Research, Religare Broking Ltd. This month, the cumulative…
Shares of Deepak Builders and Engineers will be listed at the bourses today. The IPO, which subscribed around 41.54 times, set the price at ₹192-203, at the upper end of the price range. The initial public offering of Deepak Builders and Engineers closed with an overall subscription of 41.54 times, as non-institutional and retail investors…
PPFAS Asset Management is looking to set up a subsidiary in GIFT City and expects to launch operations there in the next six months, Rajeev Thakkar, Chief Investment Officer and Director, has said. “We are setting up a subsidiary in GIFT City. We have applied to GIFT city regulator for subsidiary registration. The first product…
Shares of Waaree Energies Ltd. jumped nearly 75% early on debut after a $514 million initial public offering by India’s largest solar-panel maker, bringing back optimism for the market after the nation’s biggest IPO disappointed investors last week. The stock climbed to as high as 2,624.40 rupees in early trading Monday, from its issue price…
Indian equity benchmarks opened higher on Monday, led by banking stocks, as positive global cues and easing geopolitical tensions boosted investor sentiment despite continued selling pressure from foreign investors. The BSE Sensex opened at 79,653.67, up from its previous close of 79,402.29, while the NSE Nifty started at 24,251.10, higher than Friday’s close of 24,180.80….
Veranda Learning Solutions’ subsidiary Veranda IAS has signed a memorandum of understanding with M.O.P. Vaishnav College for Women in Chennai to launch a Diploma in Governance and Policy Studies, the company announced today. The shares of Veranda Learning Solutions were trading at ₹271.40 up by ₹2.45 or 0.91 per cent on the NSE today at…
Federal Bank, Tamilnad Mercantile Bank, ASBL AMC, Anant Raj, Dalmia Bharat Sugar, Kalpataru Projects, Pfizer, Northern Arc Capital, LIC Housing, Punjab National Bank, Indian Bank, Ambuja Cements, Bharti Airtel, Sun Pharmaceutical, Bharat Heavy Electricals, Adani Power, Ajanta Pharma, Sozlon Energy, Arvind Fashions, CAMS, Firstsource Solutions, Heidelbergcement India, Indian Oil Corporation, Jsw Infrastructure, Motilal Oswal, Paras…
Shares of Larsen & Toubro jumped more than 5 per cent on Thursday, a day after the infrastructure developer maintained its full-year orders forecast and surprised some analysts with strong order execution in a seasonally weak second quarter. L&T said it remains confident that orders will grow by 10 per cent in the year to…
