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In an exchange filing, Bharat Dynamics announced that it had signed a ₹2,960 crore contract with the Ministry of Defence for the supply of Medium-Range Surface-to-Air Missiles (MRSAM) to the Indian Navy. The agreement was finalized in New Delhi in
Shares of Rail Vikas Nigam Ltd (RVNL) saw a significant jump of over 5 in early trading on January 16 after the company revealed it had received a Letter of Acceptance (LoA) from Bharat Sanchar Nigam Ltd (BSNL). This development marks a major milest
An open-ended equity plan based on innovation themes will be the Motilal Oswal Innovation Opportunities Fund – Direct (G). By investing primarily in equities and equity-related instruments of businesses that will profit from the adoption of creativ
Shares of Adani Group companies saw a significant rally on Thursday, with most stocks gaining over 5, following the announcement that Hindenburg Research, the firm behind the $100 billion sell-off of Adani shares, is shutting down operations. Not
Shares of Azad Engineering surged by as much as 9.5 to ₹1,733 during morning trading on January 16, following the announcement of a long-term supply agreement with the US-based GE Vernova International. The agreement involves the delivery of compl
U.S. stocks surged on Wednesday, driven by optimism from a positive update on inflation and strong earnings reports from major U.S. banks, pushing indexes toward their best performance in two months. In early trading, the S&P 500 climbed 1.5,
Asian markets saw a positive upswing on Thursday, bolstered by the latest US core inflation data that indicated a slower-than-expected rise, rekindling hopes for potential Federal Reserve rate cuts. Benchmarks in Australia, Japan, and South Korea all
The Securities and Exchange Board of India (SEBI), the regulator of capital markets, on Tuesday, January 15, proposed a new regulation requiring listed companies to issue securities exclusively in dematerialised (demat) form following events such as
Gold prices in India rose further on January 16, 2025, maintaining the upward trend observed yesterday. The current price of 22-carat gold is ₹7,390 per gram, while 24-carat gold is priced at ₹8,062 per gram, today. Cost of Gold Rise Across In
Zomato Ltd has been added to CLSA’s 'high conviction' list, with the Hong Kong-based brokerage firm reiterating its 'outperform' rating and raising the target price to Rs 400 per share. This new target implies a significant 64 upside from the curr
On Wednesday, shares of Adani Group companies showed gains of up to 6 following a strong rally in the prior trading session. Adani Green emerged as the top performer, climbing almost 6 to ₹1,065 during intra-day trading. Other key gainers include
On January 15, power stocks experienced a notable surge, with Power Grid, NTPC, and Coal India emerging as the top Nifty 50 gainers, each climbing up to 4. The rally was fueled by data from the Ministry of New and Renewable Energy, which highlighted
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