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The domestic equity markets witnessed a sharp decline on Thursday, November 28, after starting on a flat note. By 3:26 PM, the S&P BSE SENSEX was down 1,080.23 points, or 1.35, at 79,153.85. The NSE NIFTY50 index dropped 324.60 points, or 1.34,
The Securities and Exchange Board of India (SEBI) is working on a proposal to enforce stricter eligibility norms for Authorised Persons (APs), who operate on behalf of brokers. The proposed regulations aim to hold brokers more accountable for any def
The Reserve Bank of India (RBI) is likely to hold steady on interest rates during its December 6 meeting. Rising consumer inflation has prompted many economists to push their predictions for the next rate cut back to February, according to a recent R
HDFC Bank made history on November 28, 2024, when its market capitalization surpassed ₹14 lakh crore for the first time. This milestone followed the stock reaching a record high of ₹1,836.10 on the National Stock Exchange (NSE). However, the mark
Shares of Paytm, operated by One97 Communications, rallied on November 28, 2024, as the stock soared 2.73 to hit a fresh 52-week high of ₹949.20 on NSE. The surge followed an update from UBS, a global financial services firm, which raised its targ
Ola Electric Mobility’s stock is on fire! Shares jumped 6 on November 28, continuing a five-day winning streak. What’s fueling this rally? It’s the excitement around Ola’s latest, wallet-friendly electric scooters — the S1 Z and Gig series
Godrej Properties, one of India’s leading real estate developers, has raised the size of its Qualified Institutional Placement (QIP) issue to ₹6,000 crore from the earlier announced ₹4,000 crore. The company had announced earlier its QIP to rai
Adani Group shares continued their winning streak, jumping up to 15 for the second day in a row after Adani Green issued a clarification yesterday refuting bribery charges against Gautam Adani and other top officials. Invest in India
Shares of Life Insurance Corporation of India (LIC) rose approximately 3 to ₹952.50 on November 28, following reports that suggested the state-owned insurer is considering acquiring a substantial stake in ManipalCigna Health Insurance. This potent
State-owned Bharat Petroleum Corporation Limited (BPCL) is planning to roll out its first sustainable aviation fuel (SAF) facility by 2027. This aligns with the government’s anticipated SAF blending mandate, according to someone familiar with the m
Nisus Finance Services Co Limited, a prominent player in India's financial services sector, is launching its Initial Public Offering (IPO) to raise ₹114.24 crores through a combination of fresh issue and offer for sale. With its established presenc
Vodafone Idea shares jumped 6 on November 27, hitting ₹7.92, and marking a solid three-day rally of 17.5. What’s behind the surge? Reports suggest the Union Cabinet may approve waivers on bank guarantees (BGs) for spectrum bought before 2022. I
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