Benchmark indices fell over a per cent on Tuesday to their lowest in over two months on rise in US bond yields, sustained selling by foreign investors and disappointing domestic earnings. Lofty valuations, tensions in West Asia and “Buy China, Sell India” trade have triggered an exodus of hot money this month. Monthly selling by…
India’s online travel platform EaseMyTrip has teamed up with AutoTech company CARS24 in a promotional partnership running from October 15-22, 2024. Under the collaboration, one EaseMyTrip customer will win a pre-owned car valued between ₹3-5.5 lakhs, while CARS24’s highest spender during the campaign period will receive a complimentary Goa vacation package. The shares of Easy…
State-owned NBCC (India) Ltd shares saw a decline of 5.7 per cent in today’s trading session on the Bombay Stock Exchange (BSE). The stock closed on tuesday at ₹96.70 after opening at ₹101.05 and it reached a high of ₹101.65 and a low of ₹96.05. On monday, the stock closed at ₹102.55. Despite the dip…
Indian equity benchmarks witnessed a sharp selloff on Tuesday, with the Sensex plunging 930.55 points to close at 80,220.72 and the Nifty50 dropping 309 points to end at 24,472.10, as persistent foreign investor selling and disappointing quarterly earnings dented sentiment. The selloff deepened in the latter half of the trading session, with the Nifty falling…
Shares of Mazagon Dock Shipbuilders Ltd tumbled by 10% from their previous close of ₹4,665.65 on BSE today. As of 3:05 PM, the stock saw a high of ₹4,697.70 and low of ₹4,118.35 and was trading at ₹4,172.65. The board of Mazagon Dock Shipbuilders are slated to announce interim dividends and stock split of its…
NBCC (India) Limited, a state-owned construction company, has secured multiple interior and fit-out work orders valued at approximately ₹127.50 crore at the World Trade Centre in Nauroji Nagar, New Delhi, the company announced today. The shares of NBCC (India) Limited were trading at ₹97.17 down by ₹5.41 or 5.41 per cent on the NSE today…
Tyre manufacturer MRF Limited announced today its plans to acquire a 26 per cent stake in Clean Max Omni Private Limited for ₹7.26 crores, marking a significant move into renewable energy sourcing. The Chennai-based company has entered into a captive power purchase agreement with Clean Max Omni for a hybrid power supply under the government’s…
Ericsson and Wipro Limited have successfully migrated 5 million Odido mobile customers in the Netherlands to a cloud-native billing platform, the companies announced today. The migration to Ericsson Billing, hosted on Amazon Web Services (AWS), was completed in August 2024 over a single weekend without disruptions. The shares of Wipro Limited were trading at ₹550.80…
Shares of Hyundai Motor India Limited (HMIL) declined over 3 per cent post-listing. Shares debuted at ₹1,934 on the National Stock Exchange (NSE), at a 1.3 per cent discount on issue price of ₹1,960. At 10.33 am today, the stock had further dropped to ₹1,870.15, down 3.3 per cent. Also read: All eyes on Hyundai…
Shares of Hyundai Motor India Limited (HMIL) declined over 3 per cent post-listing. Shares debuted at ₹1,934 on the National Stock Exchange (NSE), reflecting a 1.3 per cent discount to the issue price of ₹1,960. By 10.33 am today, the stock had further dropped to ₹1,870.15, down 3.3 per cent from its previous close, continuing…
