Stocks: On Wednesday, the Bombay Stock Exchange (BSE) revealed its decision to incorporate Bajaj Auto, Bharat Petroleum, and State Bank of India (SBI), alongside three Tata Group companies, within the 25 stocks qualifying for optional T+0 settlement, effective March 28. Earlier this month, the capital markets regulator introduced a framework to roll out the beta…
IIFL Finance: The stock prices of JM Financial experienced a notable decline of approximately 4 percent, while IIFL Finance saw a more significant plunge of 5.5 percent following the Reserve Bank of India’s announcement of a special audit for these two firms. By 12:40 pm, JM Financial was trading at Rs 72 on the BSE,…
Bharti Hexacom IPO: The initial public offering (IPO) of Bharti Hexacom, a subsidiary of telecom operator Bharti Airtel, is scheduled to commence public subscription on April 3rd. According to the Red Herring Prospectus (RHP) filed on Friday, the three-day initial public offering (IPO) will come to a close on April 5th. Additionally, the anchor book…
Stock markets holiday: The Indian stock exchanges will be closed on Monday, March 25, in observance of Holi. This week, the markets will see only three trading sessions as the exchanges will also be closed on Friday, March 29, for Good Friday. The currency, debt, and equity markets will also suspend operations, slated to recommence…
Wipro Ltd saw a significant decline in its shares during Friday’s trading session, mirroring the downward trend observed in other Indian IT stocks. This dip followed an announcement from the US software giant Accenture, which revised its revenue forecast for fiscal year 2024 downwards. Accenture holds a prominent position as the barometer for the Indian…
Bharat Dynamics shares: Shares of Bharat Dynamics Ltd surged by over 3% today following the approval of a stock split and interim dividend by the board of the state-owned defense company. The company’s shares soared by 3.52% to reach Rs 1720 apiece on the Bombay Stock Exchange (BSE), driving its market capitalization to Rs 31,016…
JBM Auto Ltd’s shares have risen by 17 percent since the start of the calendar year 2024. On Thursday, the stock was observed trading 2.17 percent higher at Rs 1,897.55. At this current price, the high-performing stock has experienced an impressive rally of approximately 206 percent over the past twelve months. The company has recently…
Krystal Integrated Services made its debut on the National Stock Exchange at Rs 785 per share, marking a substantial 10% premium over its issue price of Rs 715. The company’s retail bidding phase commenced on March 14 and concluded on March 18. During this period, Krystal Integrated Services offered 4.2 million shares valued at Rs…
Jio Financial shares: On Wednesday, shares of Jio Financial Services Ltd experienced a 5 percent decline, reaching a low of Rs 335.65. This marks a 10.37 percent decrease from its peak of Rs 374.50, which was observed on March 12th last week. In a recent filing with the exchange, the company announced that it has…
Aurobindo Pharma: Early on March 20, Aurobindo Pharma’s stock price increased by almost 2 percent following the US Food & Drug Administration (USFDA)’s approval of the company’s nasal spray. Aurobindo Pharma was trading at Rs 1,003.90 on the BSE at 9:18 a.m., up Rs 14.50, or 1.47 percent. According to a press release, the company…
