Indian Market News

The Securities and Exchange Board of India (SEBI) has clarified that recent reports about a blanket ban on Foreign Portfolio Investors (FPIs) issuing Overseas Derivative Instruments (ODIs) are incorrect. The market regulator stated on December 18 tha

Shares of VA Tech Wabag tumbled around 19% on Wednesday, hitting a low of ₹1,522.30 on the BSE. This sharp decline followed the announcement that the Saudi Water Authority had canceled a significant ₹2,700 crore order for a 300 MLD Mega Sea Water

Honda Motor Co. and Nissan Motor Co., two of Japan's prominent automakers, are reportedly in preliminary talks about a potential merger that could reshape the country’s automotive industry. The discussions, according to sources, include options suc

Shares of Reliance Industries (RIL) saw a significant decline on Tuesday, December 17, slipping as much as 1.8% to ₹1,245.10 per share on the BSE. This drop contributed to the broader market's sharp fall, with RIL emerging as the second biggest fac

ITC Ltd. has officially set January 1, 2025 as the effective date for the demerger of its hotel business into a separate entity, ITC Hotels Ltd. After receiving the necessary approvals from the National Company Law Tribunal (NCLT) and overwhelming su

In a significant move to enhance transparency and investor convenience, the Securities and Exchange Board of India (SEBI) has proposed the development of a centralized platform called MITRA (Mutual Fund Investment Tracing and Retrieval Assistant). Th

Investors are once again showing enthusiasm for railway stocks, with prominent names like Jupiter Wagons, IRFC, Texmaco Rail, Titagarh Railsystems, and RailTel Corporation witnessing a sharp rebound of 15-26% in the past month. This renewed interest

One97 Communications Ltd., the parent company of Paytm, witnessed a strong surge in its share price yesterday, rising by 5.17% to close at ₹1,007.05. Today, the stock opened at ₹1005.00, subsequently reaching a new 52-week high of ₹1062.95.

The Indian stock market opened on a bearish note today, with the Sensex crashing over 800 points and the Nifty slipping below the 24,450 mark. Investor sentiment remains subdued as caution prevails ahead of the U.S. Federal Reserve’s December 18 de

Shares of HBL Engineering surged to an all-time high of ₹738.65 per share on the BSE during Monday’s intraday trading, marking a 6.22% increase. This rally came in response to the company's announcement of securing a major order worth ₹1,522 cr

Premier Explosives Ltd saw its shares locked in a 10% upper circuit on Monday, closing at ₹568.2 per share on the BSE. This surge followed the announcement of a Memorandum of Understanding (MoU) with Global Munition Ltd, a subsidiary of NIBE Ordnan

In a bid to stabilize the financial health of struggling state-owned general insurers, the Indian government is considering a capital infusion of ₹ 4,000-5,000 crore into National Insurance, United India Insurance, and Oriental Insurance in the upc