Nifty reverses gap-up gains as 322 stocks hit 52-week lows
The Nifty Midcap 100 declined 1.7% and Nifty Smallcap 100 fell 2.4%, indicating that the selling was broader and deeper than headline index moves suggested
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The Nifty Midcap 100 declined 1.7% and Nifty Smallcap 100 fell 2.4%, indicating that the selling was broader and deeper than headline index moves suggested
SFC Environmental Technologies’ ₹668-crore IPO opens October 27 at ₹313–330 per share, with a fresh issue, offer for sale and listing planned for November 3.
Over 100 Japanese companies have expanded GCCs in India, shifting towards AI, engineering and innovation, with Bengaluru, Hyderabad and Pune as key hubs.
India will prioritize cheapest crude amid global disruptions, balancing energy security, diplomacy, and rising costs, per Kotak Neo’s Banerjee.
Shares of Reliance Industries climbed 2 per cent on the stock exchanges on Wednesday as its digital arm Jio Platforms’ Rs 30,213-crore initial public offering achieved full subscription in just 100 minutes of opening, setting a record for the fastest subscription of a public issue.
HDFC Bank shares traded 0.62% lower at ₹707.60 on the NSE Wednesday afternoon, extending losses from Monday’s 3 per cent slide, as investors continued to book profits following the bank’s Q2 FY27 results released on Saturday.
Micron reaches a labour agreement with its Taichung union in Taiwan as a separate Taoyuan union prepares for an October 22 strike over bonuses.
Kotak Neo’s Shrikant Chouhan sees long-term value in large-cap stocks as Nifty nears 22,000 support, but warns of uncertainty over US-Iran developments.
Crystal Crop’s Indian marigold R&D attracts global buyers and outlines cheaper local orchid hybrids and future seed production plans.
India is investigating Pernod Ricard and Diageo over the classification of bulk Scotch imports for reduced tariffs under the India-UK trade deal. The companies also face scrutiny over alleged use of prohibited flavouring in some alcoholic drinks. Both say they are cooperating with authorities.
IMD forecasts heavy to very heavy rains across Tamil Nadu and neighboring regions this week, with a second low-pressure system possibly intensifying in the Bay of Bengal.
Bhart Hotels Limited will split its upcoming 1,000-room inventory between owned properties and management contracts as it steps up expansion
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