InterGlobe Aviation, IndiGo Airlines’ parent company, is experiencing a significant upward trend in its stock price, marking the longest winning streak since it was listed in November 2015. The stock has been on an upward trend for the twelfth consecutive day as of December 13, setting a new record for continuous gains, surpassing its previous…
Stocks: Watch these stocks on Wednesday: In partnership with Repos Energy, Cummins India introduced DATUM (Data Automated Teller Ultimate Machine), an intelligent fuel management system. The GIFT Nifty moved points, or 0.02 percent, lower at 21,067.5 at 8:16 AM on Wednesday, December 13, signaling a tame opening for domestic stocks. Tuesday, December 12, saw a…
The wider NSE Nifty fell 24 points, or 0.11 percent, to trade at 20,882, while the 30-share BSE Sensex pack fell 123 points, or 0.18 percent, to trade at 69,428,. OVERVIEW Early trading on Wednesday saw a decline in Indian equity benchmarks, led by stocks in the banking, financial, and information technology (IT) sectors. The…
Management shift: The stock of General Insurance Corporation has increased by more than 75% year to date, outpacing the 15% increase in the benchmark Nifty 50. General Insurance Corporation (GIC Re) shares increased by more than 8% after a significant management shift that replaced deputy general manager Satheesh Kumar with Suresh Savaliya as company secretary,…
IRCTC share price: After closing at ₹749.55 on Friday, shares of Indian Railway Catering and Tourism Corporation opened higher on Monday at ₹750.65. Within minutes of the morning session today, the stock touched an intraday high of ₹766.55. At midday, the stock was up almost 2 percent, trading in the green at ₹760. During Friday’s…
Today’s Stocks: Following record highs last Friday, the equity benchmark indices Sensex and Nifty are expected to begin on a gloomy note on Monday. The Nifty, in particular, broke through the 21,000 barrier for the first time in the previous session. At 7:30 a.m., the Gift Nifty futures were nearly flat at 21,079, compared to…
Madhabi Puri Buch, the chairperson of Sebi, stated on Friday that the capital markets regulator intends to sachetize investments in mutual funds going forward. Speaking at a Business Today event, Buch stated that while monthly investments of ₹500 in a systematic investment plan are considered viable by the mutual fund industry, monthly investments of ₹250…
Adani Infrastructure: Bimal Dayal, the head of Adani Energy Solutions’ transmission business, has been named CEO of Adani Infrastructure India. According to PTI, this decision has been approved by AESL’s board of directors. Adani Energy Solutions Ltd (AESL) stated in an official statement that Dayal will oversee the implementation of Adani Infrastructure India’s pipeline of…
U.S. jobs data for further Fed indications see unchanged gold prices. As investors refrained from placing large wagers ahead of this week’s pivotal U.S. payrolls data, which may provide additional hints regarding the Federal Reserve’s interest rate trajectory, gold prices remained unchanged on Thursday. By 0516 GMT, spot gold remained steady at $2,025.69 an ounce….
A fintech company called Fixed Invest has partnered with Bajaj Finance to offer its customers and associates digital choices for fixed deposits (FDs). After launching the first FD marketplace in India, the business partnered with Bajaj Finance to create a digital fintech. Investors on the Fixed platform can now access and invest in all of…
