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Source: Live Mint The Indian stock market witnessed an across-the-board selloff on Thursday, June 12, in sync with several of its global peers amid rising geopolitical tension, lingering tariff-related anxieties and growing concerns over the dimming global economic growth outlook. The Sensex closed with a loss of 823 points, or 1 per cent, at 81,691.98,…
Source: Live Mint Stocks to buy: Shares of Bansal Wire Industries, the second-largest steel wire and the largest stainless steel wire manufacturer in India, have made a strong rebound in recent sessions, gaining 12% over the last six trading sessions and 18% in the last two months. According to domestic brokerage firm DAM Capital, the…
Source: Live Mint Jio Financial Services on Wednesday, June 11, informed the exchanges that Jio BlackRock Investment Advisers (JBIAPL) has received approval from the stock markets regulator Securities and Exchange Board of India (SEBI) to operate as an investment adviser. “Please note that the Securities and Exchange Board of India, vide letter dated June 10,…
Source: Live Mint Indian stock market benchmarks, the Sensex and the Nifty 50, ended with modest gains on Wednesday, June 11, amid largely positive global cues. The Sensex closed 123 points, or 0.15 per cent, higher at 82,515.14, while the Nifty 50 settled with a gain of 37 points, or 0.15 per cent, at 25,141.40….
Source: Live Mint MTR Foods IPO: Orkla India, which markets its products under our brands MTR and Eastern, filed its draft red herring prospectus with the market regulator Securities and Exchange Board of India (SEBI) to raise funds via an initial public offering (IPO). The proposed IPO by Orkla India is entirely an offer for…
Source: Live Mint Liquor stocks, including Allied Blenders, United Spirits, Radico Khaitan, and Tilaknagar Industries, came under sharp selling pressure right from the opening bell on Wednesday, June 11, falling up to 5%, as investor sentiment turned bearish after the Maharashtra cabinet approved revenue-boosting changes to the excise policy. These included a hike in excise…
Source: Live Mint Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are likely to open on a positive note on Wednesday following strong global cues and growing optimism on the US-China trade negotiations. Asian markets rose on Wednesday, meanwhile U.S. stock futures remained largely unchanged during early Asian trading hours, as…
Source: Live Mint Stock market today: Domestic benchmark indices were little changed in Tuesday’s trading session as investors locked gains in financials, which saw a stellar rally in recent sessions, while the realty stocks also saw profit-taking from investors. The IT stocks, however, managed to beat the market amid global trade hopes. The Nifty 50…
Source: Live Mint Indian stock market benchmark, the Sensex, snapped its four-day winning streak on Tuesday, June 10, on profit booking amid mixed global cues. The Sensex closed 53 points, or 0.06 per cent, lower at 82,391.72, while the Nifty 50 ended 1 point up at 25,104.25. Shares of HDFC Bank, ICICI Bank and Reliance…
Source: Live Mint Expert View: Achin Goel, PMS Fund Manager at Bonanza Group, believes that Nifty 50 can reach at 26,600 level by the end of 2025, helped by 11% EPS growth in Nifty-50 constituent companies. Furthermore, he expects the FII to remain bullish on the Indian stock market as India’s solid economic growth and…
