In a significant milestone, Eicher Motors, a Nifty 50 index constituent, saw its shares cross the ₹5,000 mark for the first time today, hitting a new all-time high of ₹5,058.90, up by 3.2%. The shares have been on a steady bull run since February, recording a growth of 32%, outperforming […]
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The Indian IPO market is experiencing a golden age. Driven by a robust domestic economy and high investor confidence, it has become a launchpad for ambitious companies and a lucrative opportunity for eager investors. This thriving activity is characterised by a substantial increase in the number of companies seeking to […]
Shipping stocks continued their impressive rally for the second consecutive session on Friday, with Shipping Corporation of India (SCI), leading the charge with a 16.40% surge to hit a record high of ₹384.20 per share. In the previous trading day, the stock had hit the 20% upper circuit limit on […]
Companies in the broking industry experienced a sharp decline in their share values during today’s intraday session following an announcement from the Indian market regulator, SEBI. On Monday, SEBI in a circular stated that charges imposed by market infrastructure institutions—including stock exchanges, clearing corporations, and depositories—should be standardised and not […]
Following a stellar performance in June with a double-digit gain, the Nifty IT index kicked off July on a strong footing as investor expectations grew that the U.S. Federal Reserve would cut interest rates in September. Amid this optimism, the Nifty IT index jumped 2.6% to 37,093 points in today’s […]