HDFC Bank stock is likely to extend gains on Wednesday as its US-listed shares rose more than four per cent on July 2. HDFC Bank American Depository Receipts (ADR) on the New York Stock Exchange (NYSE) was last up 4.10 per cent to $66.76 after India’s biggest private lender released […]
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Bain Capital-backed Emcure Pharmaceuticals, on Tuesday, said that it has raised over ₹582 crore from anchor investors a day before its initial public offerings (IPO) opens for subscription. According to the exchange filing, the company has allocated 57,79,850 shares to 48 anchor investors at the price of ₹1,008 per share. […]
Following the latest SEBI circular mandating uniform charges among market infrastructure institutions such as stock exchanges, brokerages are facing pressure. Nithin Kamath of Zerodha said on Tuesday that the brokerage may need to reconsider its zero brokerage model or potentially raise brokerage fees for F&O (futures and options) trades. “Since […]
HDFC Bank released its April-June quarter shareholding data on Tuesday, July 2, which showed that the ownership of foreign institutional investors (FII) in the leading private lender has declined during the quarter-under-review. According to BSE data, the FII ownership in HDFC Bank as of June 2024 stands at 54.8 per […]
Tesla Inc. stock rallied 10% on Tuesday after the EV maker reported a milder drop in sales for April through June. At 10:36 am EDT, Tesla stock was at $230.86, higher by $21.00 or 10.01%. The electric vehicle maker’s global sales dropped for the second straight quarter despite price cuts […]
Stock market today: Domestic equity benchmarks Sensex and Nifty 50 reached fresh all-time highs in intraday trading but failed to sustain those gains, ending with mild losses amid weak global cues. Shares of HDFC Bank, Larsen & Toubro, Infosys, and TCS supported the key indices most, keeping their losses limited. […]
In a remarkable display of resilience and strength, Indian benchmark indices reached another record high in today’s session, continuing their bullish momentum for the eighth consecutive trading day (excluding a minor 0.14% dip on Friday). The resurgence in foreign portfolio investor (FPI) inflows, coupled with robust retail participation through mutual […]
Shares of Solar Industries soared 11 per cent, reaching a new all-time high of ₹11,192 on the BSE. The company also surpassed the 1 lakh crore market cap milestone during today’s session. This surge followed a video posted by news agency ANI, which reported that Economic Explosives, a subsidiary of […]
June closed with a notable 6 percent gain for the Indian market, its highest monthly increase in 2024 and the largest since December 2023. This surge reflects strong investor confidence bolstered by positive economic signals, expectations of policy consistency, and renewed foreign investments. Looking forward, experts anticipate the bullish momentum […]
Top Gainers and Losers Today : The Nifty closed at 24141.95, down by 0.07% today. Throughout the day, the Nifty reached a high of 24236.35 and a low of 24056.4. The Sensex traded between 79855.87 and 79231.11, closing 0.04% lower at 79476.19, which was 34.74 points below the opening price. […]