Category: Stock

Indian headline indices ended with gains today aided by IT and pharma stocks. Nifty remained in a narrow range of 100 points before closing higher. Commenting on the day’s action, Rupak De, Senior Technical Analyst at LKP Securities, said that the current sentiments look positive in the short term, with the index sustaining above the […]

American multinational investment bank Citigroup bought 57,000 shares worth over Rs 43 crore in Voltamp Transformers on Tuesday via a bulk deal. The shares were purchased at a price of Rs 7,605 apiece which was a 2% discount over the Monday closing price of Rs 7,774.40. Citigroup’s dip buying in this smallcap multibagger stock comes […]

The Indian market ended higher on Tuesday, as Infosys’ announcement of a potential share buyback sparked a rally in IT stocks. Consumer discretionary shares also advanced amid optimism over broad cuts to goods and services taxes, while investor sentiment was further supported by growing expectations of a U.S. interest-rate reduction later this month. The S&P […]

Shares of Jane Street Group-backed Nebius Group N.V. surged 52% to hit the day’s high of $97.87 on Nasdaq in the initial trade on Tuesday reacting to the company’s announcement of a multi-billion dollar agreement with Microsoft for AI infrastructure. The Amsterdam-headquartered and Nasdaq listed AI infrastructure company on Monday said that it will deliver […]

Mining and power company Prakash Industries has fixed Wednesday, September 17 as the record day to determine the eligible investors for its Rs 1.50 per share dividend for the financial year 2024-25. The multibagger stock which is part of the portfolios of ace investors Dolly Khanna and Mukul Agrawal, has delivered 255% returns in the […]

Japanese financial services group Sumitomo Mitsui is set to sell its entire 1.65% stake in Kotak Mahindra Bank through a block deal worth Rs 6,166 crore, according to a report by CNBCTV18. The stake sale comes at a floor price of Rs 1,880 per share — about 4% discount to Kotak’s last closing price. Shares […]

TechD Cybersecurity, backed by marquee investor Vijay Kedia, is planning to launch its IPO next week. The Rs 40 crore public offer will open for subscription on September 15 and close on September 17. The company has fixed a price band of Rs 183-193 per share, where investors can bid for 600 shares in one […]

BSE Managing Director and CEO Sundararaman Ramamurthy says India’s economy is on a solid growth path, and equity markets are set to benefit from strong domestic participation despite foreign outflows. Speaking to ET Now, Ramamurthy highlighted that India’s GDP growth of 7.8% in the last quarter reflects rising demand and effective policy reforms, including GST, […]

Investor appetite for Adani Ports and Special Economic Zone (ADSEZ) and JSW Infrastructure (JSWI) remains strong, according to Jefferies’ latest investor feedback on the ports and logistics sector. The brokerage noted, “We find investor interest elevated in Adani Ports (ADSEZ) and JSW Infra (JSWI). Investors appreciate ADSEZ’s diverse asset base and logistics expansion plans, given […]

European shares were steady on Tuesday, as initial euphoria from a raft of merger deals in the region partially outweighed political uncertainty in France following Prime Minister Francois Bayrou‘s ouster in a no-confidence vote. The pan-European STOXX 600 was up 0.1% at 552.69 points, as of 0707 GMT, with basic resources leading sector gains with […]