Indian benchmark indices gave up their initial gains on Wednesday, slipping into negative territory amid the looming concerns for the global economy. However, other major global markets traded firms. Relentless…
Category: Market
Adani Wilmar shares rise 4% amid selloff in Sensex, Nifty; here’s why
Shares of Adani Wilmar rose over 4% today amid a negative opening in the broader market. The consumer food company posted another healthy quarter in terms of strong volume growth…
Rekha Jhunjhunwala upped stake in Geojit Financial Services to 8.38% in Q3
Rekha Jhunjhunwala has increased her stake in Geojit Financial Services in the December quarter, the latest shareholding pattern suggests. Wife of late Rakesh Jhunjhunwala, who passed away on August 14…
Max Financial shares at Rs 1,000? What Kotak says on Max-Axis revised pact
Shares of Max Financial Services climbed xx per cent in Wednesday’s trade after Axis Bank said it will buy the balance 7 per cent stake in Max Life Insurance from…
Stocks in news: Adani Wilmar, Dr Reddy’s, Tata Motors, Adani Ports and more
Benchmark indices fell sharply on Tuesday, dragged by index heavyweight Reliance Industries, HDFC twins (HDFC and HDFC Bank) and ICICI Bank. Sensex was down 631 points or 1.04 per cent…
Multibagger stock: Hi-Tech Pipes board to meet on January 28 to consider stock split
Hi-Tech Pipes is likely to consider sub-division of equity shares when the company board meets on January 28, the company told exchanges on Tuesday. Hi-Tech Pipes informed the bourses that…
Budget 2023: Will ITC shares hit hard by any upward revision in cigarette tax?
A couple of brokerages see probability of a hike in cigarette tax this coming Budget. The last tax hike was announced three years ago. Nuvama Institutional Equities said that there…
JMC Projects to turn ex-amalgamation; Welspun Enterprises to go ex-dividend, Pacific Ind ex-rights
Wednesday would see JMC Projects turning ex-amalgamation while shares of Welspun Enterprises going ex-dividend. Jet Freight Logistics and Pacific Industries, on the other hand, would go ex-rights. 5Paisa Capital, Vaxfab…
Wall St ends higher, Powell comments avoid rate policy
U.S. stocks ended solidly higher on Tuesday, led by a 1% gain in the Nasdaq, on relief that Federal Reserve Chair Jerome Powell refrained in a speech from commenting on…
SGX Nifty flat: Asian markets, dollar movement, Q3 earnings, FPI flows & more
Indian benchmark indices are likely to open flat on Wednesday despite firm cues from global peers. US stocks settled higher overnight while Asian peers were trading up in early trade…