Shares of V-Mart Retail soared almost 10 percent to their 52-week high on Thursday, extending gains for the second straight session after the firm posted robust results for the quarter ended June 2024 (Q1FY25). The stock rose as much as 9.8 percent to its 52-week high of ₹3,820 in today’s deals after a 6.66 percent … Read more
The Union budget for 2024-25 has proposed several changes in the capital gains tax structure, some of which are surprising moves that the mutual fund industry and the wider market community were not prepared for. One of the most significant was the hike in long-term capital gains tax from 10% to 12.5%. The budget’s proposal … Read more
The Indian stock markets will be closed for a total of 10 days including weekends in August 2024. The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will be closed for the entirety of the 10 days in the month of August. Here is a list of holidays for August, investors and traders … Read more
Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Wednesday following weak global market cues. The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 24,410 level, a discount of nearly 40 points from the Nifty futures’ previous … Read more
Sahaj Solar IPO Allotment: The initial public offering (IPO) of renewable energy solutions provider Sahaj Solar Ltd received stellar demand from investors. As the subscription period has now ended, investors await the Sahaj Solar IPO allotment which is expected to be finalised today. Sahaj Solar IPO opened on July 11 and closed on July 15. … Read more
Indian stock market: Indian equity benchmark indices, Sensex and Nifty 50, are expected to open on a tepid note Monday tracking mixed cues from global peers. Asian markets traded mixed, while the US stock market ended at record levels last week led by a rally in megacap tech stocks. Data showed US jobs growth slowed … Read more
In the world of investment, optimism is often touted as a key ingredient for success. The belief in a brighter future can drive investors to take risks, seize opportunities, and weather market volatility with resilience. However, while optimism can be powerful, investors must balance it with a healthy dose of realism and data driven analysis. … Read more
Asian markets traded higher, while the US stock market ended largely in the red dragged by selling in technology stocks. On Monday, the Indian stock market indices ended with minor gains led by heavyweights. The Sensex gained 131.18 points, or 0.17%, to close at 77,341.08, while the Nifty 50 settled 36.75 points, or 0.16%, higher … Read more
HCL Technologies share price rallied nearly 3% in early trade on Wednesday after the IT major announced the expansion of strategic partnership with Deutsche Apotheker- und Ärztebank eG (apoBank), Germany’s largest cooperative primary bank. HCL Tech shares gained as much as 2.95% to ₹1,472 apiece on the BSE. HCL Technologies will accompany apoBank with an … Read more
This surge followed the announcement that the company’s real estate division had been selected as the “Preferred Developer” for the redevelopment of MIG VI CHS Ltd. in Bandra East. Spanning 2 acres, the project is anticipated to generate revenue exceeding ₹2,000 crores over the project period. This project marks Raymond’s fourth venture in Mumbai, underscoring … Read more