Indian Market News

Dynamatic Technologies, a leading manufacturer of hydraulic gear pumps and automotive turbochargers, has emerged as a prominent wealth generator on Dalal Street. Over the past two years, the company’s shares have surged from ₹2,428 to ₹8,502, d

The Microfinance Industry Network (MFIN), a self-regulatory organization for the microfinance sector, has announced the postponement of its plan to cap the number of lenders per borrower. Initially scheduled for an earlier implementation, the cap wil

Mercury Ev-Tech shares witnessed a notable surge of over 5% on January 2, 2025, hitting the upper circuit at ₹99.26 during Thursday's trading session. This rally comes in the wake of the company’s announcement regarding a strategic acquisition of

RailTel Corporation of India, a leading telecommunications infrastructure provider, witnessed a 2% increase in its share price during early trading hours on January 2. The surge followed the announcement of a significant work order from Bharat Coking

The Securities and Exchange Board of India (SEBI) has introduced a new compliance framework for listed companies, incorporating an integrated filing system for governance and financial disclosures. This framework is set to become effective for filing

Benchmark indices Nifty and Sensex continued their upward momentum for a second consecutive day on January 2, driven by gains in the auto, IT, and banking sectors. However, metal and real estate stocks began the session on a weaker note. As of 11

Nilesh Shah, Managing Director of Kotak Mahindra AMC, emphasized in an interview with Moneycontrol that 2025 presents several challenges that could hinder economic growth. He pointed to global issues such as heightened geopolitical tensions, the seco

Investors in select schemes of the former Reliance Mutual Fund, now rebranded as Nippon Life India Mutual Fund, reportedly faced collective losses amounting to nearly ₹1,830 crore due to the fund’s decision to invest in Yes Bank’s Additional Ti

Shares of Power Mech Projects experienced a notable increase of over 5% on January 1, following the announcement of a new order valued at ₹294 crore from Adani Power. This domestic contract encompasses overhauling services, condition assessments, a

India’s financial landscape is poised for a groundbreaking year in 2025 as it potentially sets the stage for the largest Initial Public Offering (IPO) in its history. With a surge in IPO activity and investor confidence, the country's capital marke

Unimech Aerospace, a new entrant on Dalal Street and a manufacturer of aerospace components, is setting its sights on expanding its domestic operations—a significant market opportunity the company is yet to fully tap. The company anticipates better

The deadline for filing an Income Tax Return (ITR) for the financial year 2023-24 was initially set for July 31. For those who missed the original deadline, the revised ITR with late fees was due by December 31. However, the Central Board of Direct T