At 14:30 IST, the barometer index, the S&P BSE Sensex, advanced 702.80 points or 0.84% to 83,884.70. The Nifty 50 index added 234.35 points or 0.92% to 25,643.45.
Posts in category Business Standard
Axis Capital to explore legal remedies against Sebi’s ban on debt segment (20-09-2024)
Axis Capital on Friday said it is exploring legal remedies against markets regulator Sebi’s order restraining the firm from taking up new assignments as a merchant banker for the debt segment.
In a statement, the company clarified that Sebi has not imposed any other restrictions on Axis Capital and it will continue to operate all other business activities in the ordinary course in equity capital markets, infrastructure investment trusts (InvITs), real estate investment trust (REITs), M&A, private equity and institutional equities domain.
On Thursday, the Securities and Exchange Board of India (Sebi), in an interim ruling, prohibited Axis Capital from taking up any new assignments in the capacity of a merchant banker, arranger or underwriter for any issue or offer for sale of securities in the debt segment. This restriction will remain in place until further orders.
“ACL (Axis Capital Ltd) provided guarantee/indemnity towards redemption of NCDs (non-convertible debentures) in the ..
Volumes soar at Asahi India Glass Ltd counter (20-09-2024)
Asahi India Glass Ltd clocked volume of 43.26 lakh shares by 14:14 IST on NSE, a 20.54 times surge over two-week average daily volume of 2.11 lakh shares
Information Technology shares fall (20-09-2024)
Information Technology stocks were trading in the negative zone, with the BSE Information Technology index falling 155.91 points or 0.37% at 42282.47 at 13:47 IST.
Consumer Durables shares fall (20-09-2024)
Consumer Durables stocks were trading in the negative zone, with the BSE Consumer Durables index falling 51.59 points or 0.08% at 67159.36 at 13:47 IST.
ACC, IRCTC: 4 stocks turn bearish even as Sensex, Nifty scale new highs (20-09-2024)
Technical chart suggests that ACC, IRCTC, PND and Aarti Industries could slide up to 28% from present levels owing to formation of ‘Death Cross’ on the daily chart; a long-term bearish indicator.
UTI Asset Management Company allots 40,725 equity shares under ESOS (20-09-2024)
Post the aforesaid allotment, the issued and paid-up share capital of the Company shall be increased from Rs 1,27,44,09,860 (12,74,40,986 equity shares of face value of Rs 10 each) to Rs 1,27,48,17,110 (12,74,81,711 equity shares of face value of Rs 10 each).
Indices came off days high; European mkt opens lower (20-09-2024)
At 13:30 IST, the barometer index, the S&P BSE Sensex, advanced 610.71 points or 0.70% to 83,785.11. The Nifty 50 index advanced 195.80 points or 0.77% to 25,611.60.
Aurobindo Pharma Ltd down for fifth straight session (20-09-2024)
Aurobindo Pharma Ltd is quoting at Rs 1496.65, down 2.06% on the day as on 13:19 IST on the NSE. The stock jumped 70.76% in last one year as compared to a 30.66% rally in NIFTY and a 50.47% spurt in the Nifty Pharma index.
Tata Consultancy Services Ltd drops for fifth straight session (20-09-2024)
Tata Consultancy Services Ltd is quoting at Rs 4289.75, down 0.15% on the day as on 13:19 IST on the NSE. The stock jumped 19.65% in last one year as compared to a 30.66% rally in NIFTY and a 28.53% spurt in the Nifty IT index.