Posts in category Business Standard
HUDCO zooms 20% on heavy volumes; stock up 51% from OFS price in 2 months (14-12-2023)
The average trading volumes at the counter jumped four-fold with a combined 181 million equity shares of HUDCO changing hands on the NSE and BSE till 02:48 PM.
Market cap of BSE-listed firms jumps to record high of Rs 354.41 trillion (14-12-2023)
The market capitalisation of BSE-listed companies surged to an all-time high of Rs 354.41 lakh crore in early trade on Thursday, with investors becoming richer by Rs 3.22 lakh crore, as the benchmark Sensex hit its all-time high level driven by a rally in global equities.
Global markets rallied after the US Federal Reserve kept its key interest rate unchanged and signalled that they expect to make three quarter-point cuts to their benchmark interest rate next year.
The 30-share BSE Sensex jumped 955.4 points to hit its all-time peak of 70,540 during the early trade.
The market capitalisation (mcap) of BSE-listed firms hit a record high of Rs 3,54,41,617.18 crore during the early trade. Investors' wealth climbed by Rs 3,22,385.27 crore from Rs 3,51,19,231.91 crore on Wednesday.
Among the Sensex firms, Infosys, HCL Technologies, Bajaj Finance, Tech Mahindra, Wipro and IndusInd Bank were the major gainers.
Power Grid, Asian Paints, Nestle and Hindustan Unilever were among the ...
Booming Indian coal demand driving up the shares of state-run giants (14-12-2023)
NTPC, which produces mostly coal-fired power, has surged 78%, far ahead of a gain of 17% in the broader Nifty Index, while shares of Coal India are up 55% for their best year in 2023
US Fed keeps policy rates unchanged for 3rd time: Here’re 5 key takeaways (14-12-2023)
A near unanimous 17 of 19 Fed officials project that the policy rate will be lower by the end of 2024 than it is now
Fusion Micro Finance surges 8% after 10% equity change hands on BSE (14-12-2023)
Till 09:24 AM; around 10.30 million equity shares representing 10.2 per cent of total equity of Fusion had changed hands on the BSE, the exchange data shows.
Stocks to Watch: IRCTC, Fusion, Ultratech, Uno Minda, NBCC, SBI, RBL Bank (14-12-2023)
Stocks to Watch on December 14, 2023: IRCTC is eyeing a major expansion in the non-railway catering business
Stock Market LIVE: Broader indices trail benchmarks; IT, Realty stks surge (14-12-2023)
Stock market LIVE update on December 14, 2023: Among sectors, all the indices were edging higher led by the Nifty IT and Realty indices (up 3 per cent each)
Nifty Metal eyes consolidation, Nifty Pharma trades with negative bias (14-12-2023)
The advised strategy for the Nifty Metal index is to buy near support levels and sell near resistance
Gold price dips Rs 110, silver falls Rs 700, trading at Rs 75,000 per kg (14-12-2023)
The price of 22-carat gold fell Rs 100, with the yellow metal selling at Rs 56,650
Muthoot Microfin IPO to open on Dec 18 at price band of Rs 277-291 (13-12-2023)
The funds are expected to augment the capital base of the company. Out of the total, the company plans to raise Rs 760 crore through the sale of fresh equity and Rs 200 crore via Offer for Sale