Jindal Worldwide stock soars ~3% on acquisition of Mumbai-based Earth Energy EV
Jindal Worldwide has acquired Mumbai-based electric vehicle start-up Earth Energy EV through its subsidiary Jindal Mobilitric. In addition, Jindal Mobilitric will set up a new manufacturing plant in Ahmedabad which will supplement the existing Earth Energy manufacturing facility in Maharashtra. Accordingly, the acquisition will see Jindal Mobilitric take over the indigenously developed technology platform as […]
sensex Today: Stock Market Crash Live Updates: Sensex plunges 1,000 points, Nifty below 16,400; Zomato tanks over 5%, hits new all-time low – The Economic Times
Recently, the stock registered a fresh all-time high of Rs 2,856.15 but due to weak market conditions, it corrected sharply. On last Thursday, the stock broke the short-term support level of Rs 2,680 and after a long time, it closed below the 20-day SMA which is broadly negative. For traders, now the 20-day SMA or […]
Stock Market Highlights: Sensex ends 33 pts higher, Nifty50 at 16,683 as market nearly all of day’s gains
Stock Market Highlights : Indian equity benchmarks BSE Sensex and NSE Nifty50 finished a choppy session barely in the green on Thursday, even as the Fed’s move to hike the key interest rate by an expected 50 bps soothed the nerves of global investors. Fed Chairman Jerome Powell ruled out a more aggressive tightening of […]
Covid News Updates: Delhi reports 1,354 fresh Covid 19 infections today – The Economic Times
Delhi reported 1,354 COVID-19 cases with a positivity rate of 7.64 per cent and one fatality due to the disease on Wednesday, according to data shared by the city health department. A total of 17,732 Covid tests were conducted in the city on Tuesday, it showed. On Tuesday, the national capital had reported 1,414 COVID-19 […]
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Tata Steel announces 10-to-1 stock split as Q4 profit soars 47%
Tata Steel Ltd. approved a proposal to split its shares in 10-to-1 ratio as the steel major posted 47% rise in consolidated net profit for the three months ended March. Net profit for the January-March period stood at ₹9,756 crore, compared with ₹6,644 crore a year ago. On Monday, Tata Steel scrip rose 2.04% to […]
Campus Activewear IPO allotment to start tomorrow; grey market premium falls to ₹95
Campus Activewear has received a huge demand from investors as the IPO was subscribed 51.75 times in 3 days. The grey market premium has fallen in the last couple of days to ₹95 per share from ₹105 earlier. The allotment of the IPO is scheduled on May 4. Footwear brand Campus Activewear has received strong […]
Stock Market LIVE Updates: Nifty tops 17,000 as HDFC twins and RIL help market recover most of day’s losses
Stock Market LIVE Updates : Indian equity benchmarks BSE Sensex and NSE Nifty50 started Monday’s session sharply lower, tracking weakness across other Asian markets amid thin trade. Barring the realty basket, all sectors tracked by NSE were in the red in the morning, with IT, financial and oil & gas shares being the biggest drags […]
What’s the downside of Indian retailers’ rush into equities?
The Indian retail investor has come in for praise from none less than Nirmala Sitharaman. ‘We in the House should stand up and appreciate the Indian retailer who has invested a lot of confidence in the markets today in India. FIIs (foreign institutional investors) and FPIs (foreign portfolio investors) would come and go. But today, […]
Stock Market Holidays 2022: NSE, BSE to remain shut on 3 May on account of Id-Ul-Fitr; MCX, NCDEX to open at this time
Stock Market Holidays 2022: Indian equity markets will remain shut on 3 May 2022 (Tuesday) on account of Id-Ul-Fitr (Ramzan Id). The curtailed trading week will have 4 sessions. Meanwhile, India’s largest commodity exchange the Multi Commodity Exchange of India (MCX) will remain shut during the first half session that is between 9 am and […]
