Stock Market Updates: Amidst encouraging signals from global peers, equity benchmark indices got off to a solid start on the first trading day of the 2024–25 fiscal year. At 74,166, the S&P BSE Sensex was up more than 500 points. A test of the 22,500 levels was observed for the NSE Nifty 50. – Stock…
Paytm: On March 19, One 97 Communications, the parent company of Paytm, saw its share price rise nearly 5% from the previous session. In just three days, the stock has risen by 14%. The payments company’s shares saw a huge increase when Yes Bank Securities upgraded it from “neutral” to “buy” and increased its target…
Wipro: On Thursday, Wipro Limited revealed its selection by Desjardins to revamp its credit solutions for both members and clients. Wipro Gallagher Solutions (WGS), a subsidiary of Wipro and a provider of cloud-based Loan Origination Systems (LOS), will oversee the integration and management of Desjardins’ various in-house and legacy systems. This initiative aims to consolidate…
Adani Green Energy: Shares of Adani Green Energy increased by more than 7% at the opening on the NSE on March 14, As of 9:20 a.m., the stock was trading for Rs 1,843.75 the day. after its subsidiary dealt with a power purchase agreement with Solar Energy Corporation of India (SECI) for 534-MW solar power…
Sensex fell today: The drop defies the global trade arrangement, as the S&P500 had reached a new high overnight. So, what is happening? The Sensex plunged nearly 900 points to below 73,000, while the Nifty fell more than 1% today (March 13). It was the worst single-day drop for the smallcap index since December 2022,…
ITC Ltd shares will be in focus Wednesday morning, as British American Tobacco (BAT) Plc is expected to sell a 3.5% interest in the cigarette maker to institutional investors in block sales today. According to media sources, the suggested price range for the sale of shares is Rs 384-400.25 a share, which represents a 5%…
SJVN shares increased 3.39 percent on Thursday, reaching an intraday high of Rs 123.50. The stock subsequently closed 1.63 percent higher, at Rs 121.40. The multi-bagger stock has gained 265.44% in the last year. The surge in the share price today followed an announcement from the company stating that SJVN Green Energy, a wholly-owned subsidiary…
Mukka Proteins: Despite the anticipation surrounding Mukka Proteins’ Rs 224-crore public offering, it fell short of expectations. Nonetheless, upon its listing on March 7, the company’s stock soared with a 43 percent premium over its issue price. However, the grey market presented a contrasting scenario, with shares experiencing substantial triple-digit gains. This disparity highlights the…
JM Financial shares price fell more than 19% in early trade on Wednesday after the Reserve Bank of India (RBI) prohibited JM Financial Products Ltd from making loans against shares and debentures due to regulatory and governance issues. JM Financial shares slumped 19.29% to ₹77.10 on the BSE. JM Financial Products has also been forbidden…
Paytm Payments: The board of PPBL was reorganized earlier this week following the resignation of Vijay Shekhar Sharma as the bank’s part-time non-executive chairman. An administrator designated by the RBI may take over the management of unclaimed deposits and certain crucial areas of Paytm Payments Bank, which is in danger of losing its license after…
