Indian Market News

Asian Paints shares took a sharp hit on Thursday, December 19, plunging around 3.4% to reach a 52-week low of ₹2,266.0 per share on the Bombay Stock Exchange (BSE). This drop in share price followed the resignation of two key executives, sparking a

The Indian IT sector witnessed a sharp decline on December 19 as a hawkish outlook from the US Federal Reserve dampened hopes for robust demand recovery. Shares of major IT firms like LTIMindtree, Wipro, and L&T Technology Services fell bet

Shares of Bank of Baroda fell during early trade on Thursday following the lender’s announcement to raise ₹10,000 crore through long-term bonds. The funds will be used to finance infrastructure and affordable housing projects, as per the bank’s

In an exclusive conversation with Moneycontrol, HSBC India CEO Hitendra Dave shared insights into the bank's trajectory and future ambitions. Highlighting the importance of wealth management alongside international and corporate banking propositions,

The Indian stock market faced a steep decline on Thursday, December 19, with the Sensex tumbling nearly 1,200 points and the Nifty slipping below the 24,000 mark. The downturn came after the US Federal Reserve indicated a slower pace of interest rate

On Tuesday, the Securities and Exchange Board of India (SEBI) introduced a new investment vehicle called the 'Specialized Investment Fund' (SIF). This asset class is positioned between Portfolio Management Services (PMS) and mutual funds, requiring a

Ravindra Balu Bharti, a prominent YouTuber, and his company, Ravindra Bharti Education Institute, have been barred by the Securities and Exchange Board of India (SEBI) from participating in the securities market until April 4, 2025. SEBI has imposed

According to Nuvama Institutional Equities, the market may be overlooking the anticipated profit decline while factoring in the potential implementation of Goods and Services Tax (GST) on natural gas. In November, the government reduced APM gas alloc

Hon Hai Precision Industry Co., widely known as Foxconn, the Taiwanese manufacturer responsible for producing iPhones and other electronic products, has reportedly approached Nissan Motor Co. with an offer to take a controlling stake, according to an

ITC Hotels Limited (ITCHL) and ITC Limited have jointly designated Monday, January 6, 2025, as the Record Date to determine eligible shareholders for receiving equity shares of ITCHL. Invest in Indian Markets and Unlock Future Potential With 5p

India’s central bank, the Reserve Bank of India (RBI), has begun curtailing its extensive non-deliverable forwards (NDF) portfolio, according to sources familiar with the development. This marks a shift from its previous strategy of using the NDF m

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