In the last 3 years as well, the stock has given exceptional returns, rallying 11007 percent from ₹16.5 in May 2021. Meanwhile, in the last 1 year, it has soared 468 percent and it surged 87.5 percent in 2024 YTD. This year so far, the scrip has given positive returns […]
stock market
The total selling by FPIs in the domestic equities since the beginning of 2024 amounted to over ₹19,000 crore so far, as per data available on National Securities Depository Ltd (NSDL). Meanwhile, the highest FPI outflows was seen in the financial services stocks worth ₹9,687 crore during the first fortnight […]
The commercial vehicle (CV) manufacturer Ashok Leyland reported a net profit ₹933.69 crore in the fourth quarter of FY24, registering a 16.73% growth from ₹800 crore in the year-ago quarter, led by strong demand. The Hinduja Group’s flagship company reported consolidated revenue from operations of ₹13,577.58 crore in Q4FY24 as […]
Asian markets traded higher, while the US stock market closed in the green last week amid key economic data releases. Markets are pricing in a 49.4% chance for a rate cut at the US Federal Reserve’s September meeting, down from 54.8% a week ago, CME’s FedWatch Tool showed. On Friday, […]
Top News SEBI has issued regulations requiring listed entities to verify market rumours following significant price movements. Unaffected prices will be considered for transactions within 24 hours of confirming a rumour, excluding its impact on share prices. This framework applies to top 100 listed entities from June 01, 2024, and […]
The stock declined around 1 percent to its day’s low of ₹436.90 in intra-day deals today, Friday, May 24. It has now corrected 12.5 percent from its peak of ₹499.60, hit in July last year but has advanced over 9 percent from its 52-week low of ₹399.30, hit on March […]
The company plans to raise ₹598.93 crore from the issue. The bidding for Awfis Space Solutions IPO commenced on May 22 and will conclude on May 27. Awfis Space Solutions is the largest flexible workspace solutions company in India as of 9MFY24 providing solutions to small and medium enterprises (SMEs), […]
The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 22,950 level, a discount of nearly 50 points from the Nifty futures’ previous close. On Thursday, the domestic equity indices closed at record high, with the Nifty 50 ending […]
Foreign investors trooped in after selling for two months, lifting India’s stock market — the world’s fifth-largest and snapping at the heels of Hong Kong — to a closing high of $5.05 trillion. Foreign portfolio investors (FPIs) bought shares worth a provisional ₹4,670.95 crore on Thursday, while domestic institutions settled […]
The surge comes after the Reserve Bank of India (RBI) announced a substantial ₹2.1 lakh crore dividend to the government. This development is a significant macroeconomic positive for the market, with direct implications for the fiscal deficit and bond yields. “The infusion of funds is akin to an indirect rate […]