Norway-based Norges Bank bought over 14.62 lakh shares worth Rs 158 crore in Clean Science and Technology via block deal on Thursday. Nippon India Mutual Fund, SBI Mutual Fund and Bajaj Allianz Life Insurance Company were also buyers in the bulk deals where promoters Asha Ashok Boob and Ashok Ramnarayan Boob together sold over 1.9 […]
Market Trading Guide: Buy Devyani International and Lemon Tree Hotels on Friday for up to 9% potential gains – Stock Ideas
Target: Rs 960 Stop Loss: Rs 855 Laurus Labs is displaying a robust bullish structure. After rebounding from a well-established support zone near Rs 815, the stock has gained momentum and is moving toward its all-time high. The recent formation of a strong bullish candle, supported by steadily increasing volumes, reflects strong buying interest and […]
US stocks open lower as investors brace for Fed meet; Walmart slides
Wall Street’s main indexes opened lower on Thursday, as investors turned cautious ahead of the Federal Reserve’s three-day conference in Jackson Hole, while big-box retailer Walmart’s quarterly results did little to lift sentiment. The Dow Jones Industrial Average fell 130.1 points, or 0.29%, at the open to 44,808.21. The S&P 500 dropped 14.9 points, or […]
Motilal Oswal PE raises $800 million in first close of Fund V
Motilal Oswal Alternates, the private equity arm of Motilal Oswal Group, raised $800 million in the first close of its latest vehicle, India Business Excellence Fund V (IBEF V). The fund has a hard cap of $950 million, making it the firm’s largest PE vehicle to date. The new fund attracted marquee global and domestic […]
Apollo Hospitals promoters to sell stake worth Rs 1,395 crore in block deal: Report
Promoters of Apollo Hospitals Enterprise are likely to sell shares worth Rs 1,395 crore in the company via block deal on Friday. The floor price is likely set at Rs 7,747 per share, ET Now reported. This is a 2% discount over Thursday’s closing price of Rs 7,920. Apollo Hospitals shares closed with gains of […]
Market Wrap: Sensex rises 142 points, Nifty tops 25,050 in 6-day winning streak amid GST reform optimism
Indian benchmark indices Sensex and Nifty advanced on Thursday, extending their rally to a sixth straight session as optimism over a potential cut in Goods and Services Tax (GST), strength in financials from a proposal to exempt insurance premiums from tax, and gains in Reliance Industries lifted the market. The S&P BSE Sensex advanced 142.87 […]
RIL stock attractive, JP Morgan points to two main reasons
Global brokerage firm JP Morgan has reiterated its positive stance on Reliance Industries Ltd (RIL), stating that the company’s stock valuations remain attractive despite recent gains. The brokerage highlighted two key reasons supporting its view: the implied holding company discount has narrowed only marginally through 2025, and RIL’s retail arm continues to trade at a […]
In Freefall! 11 Nifty 500 stocks down over 50% from their highs; are you affected? – Under Pressure
In the ever-changing landscape of equity markets, stock movements can often be swift and surprising. While the broader indices like the Sensex and BSE 500 have seen a modest decline of around 5–6% from their 52-week highs, a handful of stocks within the Nifty 500 have experienced far more dramatic drops. A total of 11 […]
HAL announces approval for 97 upgraded Tejas jets. Can the stock rally up to Rs 6,325?
Hindustan Aeronautics (HAL) on Thursday said the Cabinet had cleared a Rs 62,000-crore order for 97 Light Combat Aircraft (LCA) Mk-1A fighter jets, sparking debate over whether the stock could rally toward the Rs 6,325 target projected by brokerages after the state-run defence major’s first-quarter results last week. HAL’s stock advanced as much as 1.3% […]
Rekha Jhunjhunwala sold Nazara before gaming ban but Nikhil Kamath, Madhusudan Kela held on
Star investor Rekha Jhunjhunwala fully exited her stake in Nazara Technologies in June 2025, months before the government’s online gaming ban sent the stock tumbling. The move, which now looks well-timed in hindsight, came even as other marquee investors such as Madhusudan Kela and Nikhil Kamath continue to hold their positions in the gaming and […]