ICICI Bank: On May 22, after the bank distributed 6.5 lakh equity shares with a face value of Rs 2 each under the employee stock option plan (ESOP), shares of ICICI Bank declined more than 1% to Rs 1,108 per share. This private sector lender’s stock has increased by more than 11% so far this…
Jio Financial Services saw a 5% uptick, reaching an intra-day peak of Rs 371.95, following its partnership announcement with BlackRock, a US-based company. In an exchange filing on Monday, Jio Financial revealed that it had inked a deal with BlackRock to venture into wealth management. This agreement entails establishing a wealth management firm and subsequently…
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,…
Tata Chemicals: In early trade on March 7, Tata Chemicals shares shot up 14% to reach a 52-week high of Rs 1,349 on NSE, extending gains to the sixth session in a row. Since the company announced on March 1 that Fitch Ratings had reaffirmed its Long Term Foreign Currency Issuer Default Rating (IDR) at…
Sensex and Nifty: At around 10:00 am, the S&P BSE Sensex dropped 310.32 points to reach 72,832.48, while the NSE Nifty50 declined by 90.05 points to settle at 22,122.65. In short Nifty and Sensex open lower as IT stocks decline. Early trading sees a lot of volatility in markets. Paytm stock hits the upper circuit…
Taking Stock: During today’s incredibly volatile trading session, the benchmark indices managed to completely reverse all losses from the previous session. The Nifty soared to reach an unprecedented all-time high of 22,252.50, driven by widespread buying across various sectors. Amidst mixed global signals, the market kicked off on a flat note. However, profit booking from…
Stock market news: The BSE Sensex surged by 148.28 points, with the Nifty climbing 44 points. Following encouraging cues from Asian and international markets, the Sensex and Nifty both rose in early trade on Thursday, marking a healthy start to the markets. The wider Nifty increased 36.90 points, or 0.17 percent, to 21,876.95 points, while…
Domestic equity benchmarks the Nifty 50 and the Sensex closed lower on Monday, February 12, led by banking and financial heavyweights, ahead of key macroeconomic data and mixed global cues. India’s consumer price index (CPI)-based inflation or inflation rate for January, as well as the index of industrial production (IIP) data for December, are set…
Stock market today: The NSE Nifty began at 21727.00, up 9.00 points, or 0.04 percent, while the BSE Sensex opened at 71,410.30, up 18.14 points, or 0.03 percent. 0.06% of Nifty Bank’s trade was in the red. Indian benchmark indexes opened mixed on the day the Reserve Bank of India (RBI) maintained the repo rate…
Stock Market Today: The Nifty 50 edged up 115.60 points, or 0.53 percent, to 22045.00, while the BSE Sensex opened 354.97 points, or 0.49 percent, higher at 72541.10. The Nifty Bank increased by 0.56%. Based on cues from international markets, Indian benchmark indices opened with slight increases. While Nifty 50 edged up 115.60 points, or…
