The domestic equity indices soared on Monday, extending their gains from the previous session. The Nifty 50 index surpassed the 24,200 mark, driven by strong performance across sectors, particularly PSU banks, energy, and realty.
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Zomato shares rise over 7% on Sensex entry, replacing JSW Steel (25-11-2024)
Zomato’s Sensex entry follows the stock’s inclusion in the futures and options (F&O) segment. Zomato is also expected to be added to several other indices
Enviro Infra Engineers IPO subscribed 12.51 times (25-11-2024)
The offer received bids for 38.52 crore shares as against 3.07 crore shares on offer.
INR recovers lost ground supported by firm trend in local equities (25-11-2024)
The Indian rupee appreciated 10 paise to close at 84.31 (provisional) against US dollar on Monday, supported by a firm trend in domestic equities amid improved investor risk appetite. Domestic shares ended Monday’s session sharply higher after BJP-led alliance scored significant victory in the Maharashtra state assembly elections, raising expectations for increased government spending to boost domestic demand. Positive cues from global markets also boosted sentiment after Donald Trump nominated Scott Bessent, a billionaire hedge fund manager and an advocate for deficit reduction, to lead the U.S. Treasury Department. The benchmark S&P/BSE Sensex ended the session up 992.74 points, or 1.25 percent, at 80,109.85 while the broader NSE Nifty index settled at 24,221.90, up 314.65 points, or 1.32 percent, from its previous close. At the interbank foreign exchange, the rupee opened at 84.38 and touched an intra-day high of 84.25 against the greenback. The unit ended the session at 84.31
Nifty November futures trade at premium (25-11-2024)
NSE India VIX slipped 4.93% to 15.30.
Indian bourses face profit risks from proposal on clearing firms’ structure (25-11-2024)
The regulator has proposed two means for the bourses to diversify their current ownership: a 100 per cent sell down of the holding in question or the initial offloading of a 49 per cent stake to
Quick Wrap: Nifty PSU Bank Index records a surge of 4.16%, NIFTY climbs 1.32% (25-11-2024)
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Afcons Infra jumps after Q2 PAT climbs 30% YoY to Rs 135 cr (25-11-2024)
Afcons Infrastructure rallied 6.51% to Rs 529.40 after the company’s consolidated net profit jumped 30% to Rs 135.43 crore despite of 11.22% decline in revenue from operations to Rs 2959.89 crore in Q2 Fy25 over Q2 FY24.
Market ends with strong gains; Nifty settles above 24,200; VIX slumps 4.93% (25-11-2024)
As per provisional closing, the S&P BSE Sensex rallied 992.74 points or 1.25% to 80,109.85. The Nifty 50 index gained 314.65 points or 1.32% to 24,221.90.
OneSource Specialty Pharma successfully raises Rs 801 cr via equity issuance (25-11-2024)
OneSource Specialty Pharma has allotted 6,277,909 fully paid up equity shares at a price of Rs 1,276/- (including a premium of Rs 1,275/-) per share on a private placement basis to marquee domestic and international investors. The total consideration received from
the allotment stands at Rs 801 crore, valuing OneSource at a pre-money equity valuation of USD 1.65 billion.