Indian Market News

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

Razorpay, India’s leading full-stack payments and banking platform for businesses, has marked its 10th anniversary by announcing a significant employee-centric initiative. The company is granting Employee Stock Ownership Plans (ESOPs) worth ₹100,

The Adani Group has announced its acquisition of Air Works, India’s largest private sector aviation Maintenance, Repair, and Overhaul (MRO) services company, for an enterprise value of ₹400 crore. This landmark deal, executed through Adani Defenc

India’s insurance sector witnessed a setback in FY24, with insurance penetration declining from 4% in FY23 to 3.7%, according to the Insurance Regulatory and Development Authority of India’s (IRDAI) latest annual report. Despite robust efforts by