Indian Market News

Generic user silhouette icon 5paisa Capital Ltd
  • 13th Jan 2025
  • 2 min read

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

Generic user silhouette icon 5paisa Capital Ltd
  • 13th Jan 2025
  • 2 min read

The benchmark indices, Nifty and Sensex, started the week on a cautious note, weighed down by substantial losses in PSU banks and real estate stocks. A gap-down opening resulted in all sectors trading in negative territory as domestic and global conc

Generic user silhouette icon 5paisa Capital Ltd
  • 13th Jan 2025
  • 2 min read

Asian markets opened the week on a downbeat note as stocks in Australia, Taiwan, and South Korea fell, driven by investor concerns over geopolitical tensions and economic challenges. The dip in regional shares follows a fourth consecutive day of loss

Generic user silhouette icon 5paisa Capital Ltd
  • 10th Jan 2025
  • 2 min read

Shares of Delta Corp surged by 15.4% on Friday, reaching ₹130.8 on the BSE, after the Supreme Court (SC) stayed show-cause notices issued by GST authorities to online gaming companies. The notices had demanded a total of ₹1.12 lakh crore in tax d

Generic user silhouette icon 5paisa Capital Ltd
  • 10th Jan 2025
  • 2 min read

Phoenix Mills shares rose nearly 3% in Friday’s trading session after the company released an upbeat business update for Q3 FY25. The stock hit an intraday high of ₹1,684.6 on the BSE, closing at ₹1,662.35, reflecting a 1.55% gain. In compariso

Generic user silhouette icon 5paisa Capital Ltd
  • 10th Jan 2025
  • 2 min read

Eyewear retailer Lenskart seems to have taken a significant step toward going public by initiating discussions with bankers for its initial public offering (IPO). The company aims to raise between $750 million and $1 billion, according to sources cit

Generic user silhouette icon 5paisa Capital Ltd
  • 10th Jan 2025
  • 2 min read

IREDA Reports Robust Q3 FY25 Results with 27% Net Profit Growth Indian Renewable Energy Development Agency Ltd (IREDA), a leading state-run financier in the renewable energy sector, announced impressive financial results for the third quarter of F

Generic user silhouette icon 5paisa Capital Ltd
  • 10th Jan 2025
  • 2 min read

Shares of Adani Wilmar Ltd plunged sharply on Friday, losing around 9% of their value as the much-anticipated two-day offer for sale (OFS) by promoter entity Adani Commodities LLP commenced. The steep decline followed the announcement of a floor pric

Generic user silhouette icon 5paisa Capital Ltd
  • 10th Jan 2025
  • 2 min read

TCS Eyeing Multiple Opportunities to Mitigate BSNL Deal Revenue Loss: CEO Krithivasan India’s largest IT services company, Tata Consultancy Services (TCS), is poised to navigate the anticipated revenue downturn from its substantial BSNL contract

Generic user silhouette icon 5paisa Capital Ltd
  • 10th Jan 2025
  • 2 min read

Tata Consultancy Services (TCS) saw its stock soar by over 4% in early trading on January 10, driven by strong commentary from the management and growing optimism among brokerages. Signs of an early demand revival in Q3 FY25, along with TCS's impress

Generic user silhouette icon 5paisa Capital Ltd
  • 10th Jan 2025
  • 2 min read

Asian equities slipped on Friday, as cautious investor sentiment grew ahead of key US nonfarm payrolls data, which will provide insights into the health of the US labor market and influence the Federal Reserve's interest rate decisions. The MSCI Emer

Generic user silhouette icon 5paisa Capital Ltd
  • 9th Jan 2025
  • 1 min read

The market regulator encountered a peculiar case involving over 1,100 clients of a stock broker listed as "dependent children," despite being between 34 and 100 years old. Stock brokers are required to assign a unique client code (UCC) to each inv

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