Indian Market News

Adani Wilmar shares continued their downward trend, plunging up to 9% during trading on December 13 as its promoter, Adani Commodities, opted to exercise the oversubscription option in its two-day offer-for-sale (OFS). The OFS price was set at ₹

On January 13, IndusInd Bank's stock price climbed by 4% to ₹973, making it the leading gainer on the Nifty 50 index. This rise followed the bank's updated December shareholding pattern, which revealed an increase in foreign headroom due to a reduc

Stocks of crude oil-dependent sectors, including oil marketing companies, airlines, as well as paint and tyre manufacturers, experienced a decline on January 13, following an increase in Brent crude prices. Brent crude prices rose above $81 per ba

Waaree Energies has signed a share purchase agreement with Enel Green Power Development on Friday, marking a significant step into the renewable energy sector. Following this, the share price of Waaree Energies Ltd surged by up to 3% to ₹2,648 d

The Securities and Exchange Board of India (Sebi) is contemplating revisions to the ₹500 crore derivative exposure limit for institutional investors such as foreign portfolio investors and mutual funds. This limit, originally implemented during the

Avenue Supermarts, the operator of the DMart retail chain, has seen mixed reactions from analysts following its Q3 results and the announcement of a CEO transition. While the company's same-store sales showed some recovery, concerns about future grow

Private life insurance companies continued to outshine the industry giant LIC in December 2024, posting robust growth in new premiums. While private insurers collectively saw an 11.4% increase in individual annual premium equivalent (APE), LIC strugg

Oil prices soared to their highest levels in over four months, with Brent crude surpassing $81 a barrel and West Texas Intermediate (WTI) hovering near $78. This rally comes in the wake of sweeping US sanctions targeting Russia’s energy sector, hei

Despite a subdued market sentiment, shares of BSE Ltd, Asia's oldest stock exchange, formerly known as the Bombay Stock Exchange, witnessed an upward movement as international brokerage firm Goldman Sachs initiated its coverage of the stock. By 9:

Gold prices in India have been steadily rising over the past few days. On 13th January 2025, this upward momentum continued, with gold rates hitting a new high for the month. The 22K gold rate today is ₹7,340 per gram, while 24K gold is priced at �

Reliance Industries (RIL) stock has been in the spotlight due to its significant underperformance over the past six months. The stock has declined by over 25% from its peak of ₹1,617 in July to a low of ₹1,201. In contrast, the benchmark indices

Biocon Ltd. witnessed a remarkable surge in its stock price, climbing over 4% on January 13, after the US Food and Drug Administration (USFDA) granted clearance to its Malaysia-based insulin facility. This development effectively concludes a series o