Trent shares came under sharp selling pressure on Tuesday, falling nearly 8% in early trade. The drop came after the company reported its December quarter numbers, where revenue growth remained…
Author: Admin
Sensex opens 150 points lower, Nifty below 26,300; RIL down 2%
Benchmark stock market indices opened lower on Tuesday, as heavyweight RIL shares tanked nearly 3% in early trade, dragging markets down. The S&P BSE Sensex was down 238.67 points to…
Reliance Industries denies report on Russian oil deliveries to Jamnagar refinery
Reliance Industries Limited on Tuesday denied a media report that claimed the company had received Russian oil at its Jamnagar refinery in the past few weeks. In a statement issued…
Ambuja Cements to merge Orient Cement, ACC with itself
Ambuja Cements, an Adani Group company, has decided to merge its subsidiary Orient Cement with itself and issue 33 shares for every 100 shares held by investors. Similarly, for every…
Broker’s call: BEML (Buy)
Target: ₹2,700 CMP: ₹1,797.45 BEML’s revenue is likely to enter a two-digit growth trajectory from FY27 as a large portion of its order book of ₹16,000 crore, primarily comprising from…
Precious metals complex dazzles as gold, silver & platinum soar to new highs
Gold and silver soared to new highs on Monday, while platinum headed towards its record high of $2,200 an ounce as the precious metals complex dazzled. Even palladium has joined…
Ruby QC Investment exits Akums Drugs
Ruby QC Investment Holdings Pte sold its entire holding of 72.78 lakh shares (or 4.62 per cent of paid-up equity) in Akums Drugs & Pharmaceuticals for ₹311.5 crore, to ICICI…
Broker’s call: Knowledge REIT (Add)
Target: ₹130 CMP: ₹123.63 Knowledge Realty Trust (KRT) is co-sponsored by Blackstone and the Sattva Group and is the largest REIT in India in terms of NOI and GAV. The…
Sensex jumps 638 points, Nifty above 26,100, defence and IT stocks outperform
The domestic market closed higher on Monday, extending the year-end rally for the second consecutive trading session amid strong liquidity conditions and supportive global cues, as expectations of further US…
AMFI large-cap cut-off likely to rise 15% to ₹1.05 lakh crore
The cut-off for large-cap stocks in the semi-annual AMFI categorisation of stocks is expected to increase by 15 per cent to ₹1.05 lakh crore, up from ₹91,600 crore in the…