Indian Market News

UltraTech Cement Ltd, one of India’s leading cement manufacturers, has recently announced the acquisition of an 8.69% equity stake in Star Cement Ltd for ₹851 crore. The deal involves the purchase of up to 3.7 crore equity shares at a price not e

Shares of private lender IndusInd Bank Ltd gained during early trading on December 27, following the bank's decision to sell its non-performing microfinance loan portfolio, comprising 10.6 lakh retail loan accounts worth ₹1,573 crore. This move com

Zomato's inclusion in the Sensex has captured the attention of market participants as tech-driven companies continue to gain prominence in India's equity landscape. According to estimates by brokerage firm Nuvama, this addition is expected to drive s

Nazara Technologies has strengthened its hold in its subsidiary, Absolute Sports, by acquiring an additional 10.26% stake for ₹72.73 crore. This move raises Nazara’s total stake in Absolute Sports, the parent company of Sportskeeda, to 81.94%. Th

Marcellus Investment Managers is gearing up to launch a Global Alternative Investment Fund (AIF) in February, aiming to offer Indian investors enhanced portfolio diversification opportunities. This new initiative will focus on capturing the growth po

Gland Pharma's stock witnessed a sharp recovery on December 26, 2024, erasing its initial losses of over 2.40% to trade 0.72% higher at ₹1,792.25 on the NSE by 9:54 AM. The turnaround came amidst updates about a recent Good Manufacturing Practices

Gold has emerged as the shining star of 2024, delivering an impressive 27% return for the year, outperforming major equity indices like the Nifty 50 and S&P 500. This marks its best annual performance since 2010, fueled by heightened geopolitical

Bharat Petroleum Corporation Limited (BPCL) witnessed a rise in its share price during early trading on December 26, following its selection as the lowest bidder for a 150 MW solar photovoltaic (PV) power project tendered by NTPC. Invest in Ind

Benchmark indices Nifty and Sensex surrendered most of their early gains within an hour of the market opening on December 26, as traders geared up for the monthly F&O expiry. Trading activity was subdued, reflecting the year-end holiday season as

India's equity market achieved a remarkable milestone in December 2024, registering a 9.4% surge in market capitalization, the highest among the world’s top ten equity markets. This significant rebound, the largest in over three years, elevated Ind

TVS Motor Company has announced the completion of its acquisition of a 39.11% stake in DriveX Mobility, bringing its total ownership in the company to 87.38%. With this move, DriveX becomes a subsidiary of TVS Motor, marking a significant step in the

Mahanagar Telephone Nigam Ltd. (MTNL), a public sector telecom service provider, saw its shares climb by 4% during the morning trading session after its board approved a strategic plan aimed at reducing employee-related costs. Invest in Indian