Indian Market News

PG Electroplast Ltd. has approved the allotment of over 2.14 crore equity shares to Qualified Institutional Buyers (QIBs) at an issue price of ₹699 per share, raising ₹1,499.9 crore. The issue price represents a 0.88% discount to the floor price.

Standard Chartered has proposed former JPMorgan India chief, P.D. Singh, as the next CEO for India and South Asia, according to two individuals familiar with the matter who spoke to Reuters under anonymity. The bank is currently seeking approval from

Sanjay Malhotra, the Revenue Secretary named as the new Governor of the Reserve Bank of India (RBI) on December 9, faces a critical challenge of balancing inflation and growth during a period of heightened economic uncertainty, according to brokerage

Mishtann Foods Ltd has faced significant setbacks as its shares hit the lower circuit limit of 20% for the second consecutive session on December 9, 2024. This sharp decline follows a show-cause notice issued by the Securities and Exchange Board of I

In December 2024, Investors, led by the People Activism Forum approached the Delhi High Court, urging it to direct the Securities and Exchange Board of India (SEBI) to approve the National Stock Exchange’s (NSE) IPO. This follows SEBI's denial of a

On December 9, Paytm's stock rose by over 3% during trading, achieving a new 52-week high after the company's board approved a stake sale in Japan-based PayPay for ₹2,364 crore. Invest in Indian Markets and Unlock Future Potential With 5paisa

Shares of fast-moving consumer goods (FMCG) companies experienced a significant selloff on December 9, following a weak quarterly update from Godrej Consumer Products, which raised concerns about a broader industry demand slowdown. Invest in In

Canara Bank has announced that it received approval from the Reserve Bank of India (RBI) to reduce its equity holdings in its life insurance and mutual fund subsidiaries. Invest in Indian Markets and Unlock Future Potential With 5paisa! Open

The market regulator, the Securities and Exchange Board of India (SEBI), has proposed adopting a close-auction session (CAS), an internationally recognized method, to calculate the closing price of stocks instead of the current volume-weighted averag

The Securities and Exchange Board of India (SEBI), the market regulator, on Thursday proposed a framework aimed at converting ‘in-the-money’ (ITM) single stock option contracts into futures one day before their expiry. Invest in Indian Mark

Shares of RITES experienced a nearly 5% jump in early trading on December 6 after the company secured a major contract from the Indian Institute of Management (IIM) Raipur. The project, worth ₹148.25 crore (excluding GST), appoints RITES as the Pro

On December 6, benchmark indices Nifty and Sensex traded modestly higher after the Reserve Bank of India (RBI) reduced the cash reserve ratio (CRR) by 50 basis points to 4%, which balanced out the Monetary Policy Committee's (MPC) decision to leave t