At 14:30 IST, the barometer index, the S&P BSE Sensex, surged 1,726 points or 2.24% to 78,872.47. The Nifty 50 index soared 506.40 points or 2.17% to 23,856.30.
Posts in category All News
Raymond spurts after realty biz demerger plan gets BSE, NSE nod (22-11-2024)
Raymond surged 7.13% to Rs 1528.15 after the company received an approval from the stock exchanges for the proposed demerger of Raymond Realty.
Volumes jump at Sun Pharma Advanced Research Company Ltd counter (22-11-2024)
Sun Pharma Advanced Research Company Ltd witnessed volume of 40.83 lakh shares by 14:14 IST on NSE, a 13.33 times surge over two-week average daily volume of 3.06 lakh shares
LIC Housing Finance accepts bids for bond reissue, bankers say (22-11-2024)
LIC Housing Finance has accepted bids worth 10 billion rupees for the reissue of its 7.57% October 2029 bonds, offering a yield of 7.65%. Several other Indian companies, including ICICI Home Finance and Mindspace Business Parks REIT, have also announced bond issuances with varying tenures and sizes.
Further steep hike in housing prices may prove to be a deterrent to demand: Prashant Thakur, Anarock (22-11-2024)
Indian real estate is experiencing a price surge, with post-Covid appreciation averaging 59-60% across major cities. While this boom has driven sales, experts warn that further price hikes could deter buyers. Mumbai stands out with stable prices despite high demand, while the NCR attracts major developers but sees shrinking affordability.
Kitex Garments announces 2:1 bonus share issue (22-11-2024)
Kitex Garments will issue approximately 13.30 crore new equity shares with a face value of ₹1 each. The bonus shares will be issued from the company’s free reserves available as of March 31, 2024
Bata India gains on appointing Durgesh Singh as CFO (22-11-2024)
Bata India advanced 1.59% to Rs 1,302 after the company’s board approved the appointment of Durgesh Singh as chief financial officer (CFO) of the company with effect from 1 December 2024.