Indian Market News

NTPC Green Energy Ltd., the clean energy subsidiary of NTPC Ltd., India's largest thermal power producer, is set to embark on an ambitious green hydrogen hub project in Pudimadaka, Andhra Pradesh. With an estimated cost of $21 billion (Rs 1.8 trillio

The National Stock Exchange of India (NSE) has announced the inclusion of six new securities in the Futures and Options (F&O) segment, effective from January 31, 2025. The stocks being added are Castrol India, Gland Pharma, NBCC, Phoenix, Solar I

International brokerages Jefferies and Bernstein have reiterated their positive outlook on the chemicals-to-retail conglomerate Reliance Industries Ltd. Both firms emphasized their confidence in the company’s growth trajectory despite recent market

Berger Paints is reportedly making a bid to acquire Akzo Nobel's India stake as the latter’s promoters plan to exit the Indian market by selling their 74.6% shareholding, according to CNBC-TV18 on January 7. Other contenders for the Dulux maker�

One MobiKwik Systems Ltd, a prominent fintech company, reported a net loss of Rs 3.6 crore for the second quarter ending September 2024, primarily due to increased expenses. This marks a reversal from the Rs 5.3 crore net profit posted during the sam

Larsen & Toubro Ltd (L&T)'s Power Transmission and Distribution (PT&D) segment has secured significant domestic and international contracts for the development of grid infrastructure, strengthening its position as a key player in the glob

The market regulator has relaxed the rules governing the settlement of brokerage clients' accounts that remain inactive for 30 days. Previously, the Securities and Exchange Board of India (SEBI) mandated brokerages to settle such accounts within t

Global brokerage firm Jefferies has upgraded its rating for pharmaceutical company Biocon to 'underperform', citing favorable developments related to regulatory approval for its Bengaluru manufacturing facility. In line with this positive sentiment,

Benchmark indices Nifty and Sensex ended their two-day losing streak on January 7, buoyed by gains in energy and PSU bank stocks. All sectors traded positively following an upbeat market opening, with the broader market outperforming frontline indice

A leading global brokerage, Jefferies, has downgraded Zomato’s stock to a "hold" rating, attributing the change to the significant surge in the stock's value throughout 2024 and rising concerns over increasing competition in the quick commerce mark

Groww has announced the launch of its Groww Nifty India Railways PSU Index Fund – Direct (G), an open-ended scheme designed to track the Nifty India Railways PSU Index - TRI. This fund aims to provide long-term capital appreciation by investing in

Shares of Indraprastha Gas Ltd (IGL) rose in early trading on January 7, buoyed by news that Maharashtra Natural Gas (MNGL), a subsidiary, is preparing for an Initial Public Offering (IPO). International brokerage Citi Research reaffirmed its positiv