Posts in category Economic Times
Stock market update: Sugar stocks down as market rises (26-06-2024)
The 30-share BSE Sensex closed up 620.73 points at 78674.25
Hyundai India IPO banks set for country’s 2nd biggest payday with $40 million fee: Report (26-06-2024)
The evolving financial landscape in India, characterized by the Hyundai India IPO and the rise in private company IPOs, presents significant opportunities for financial institutions like Nomura and Jefferies Financial Group to capitalize on the flourishing market and drive investment banking fees to new heights.
Stock market update: Nifty Pharma index advances 0.07% (26-06-2024)
The Nifty Pharma index closed 0.07 per cent up at 19545.35.
Reliance shares jump over 4% to hit fresh 52-week high (26-06-2024)
Reliance Industries (Ltd) shares surged over 4% to hit a new intra-day high of 3,029 on Wednesday, boosting the benchmark Nifty by 144 points. Despite earlier losses post-election, RIL staged a strong recovery, erasing losses and gaining approximately 2.4%.
D-St smashes records yet again: Sensex zooms 621 pts, Nifty scales 23,869 on RIL, ICICI Bank rally (26-06-2024)
Of the 16 sectoral indices on the NSE, 9 ended in the green with the Nifty Oil & Gas index ending up as the top performing index with 1.4% gains. It was followed by Nifty Private Bank index and Nifty Bank. Among the laggards were Nifty Auto, Nifty Metal and Nifty Consumer Durables which fell up to nearly 1%.
Rupee falls tracking weak Asian peers, traders eye index inclusion (26-06-2024)
CR Forex's Amit Pabari forecasts a stable rupee within a defined range, emphasizing the impact of interest rates on currency fluctuations.
Strong demand in cement for next 1-2 yrs; 5 stocks to bet on: Ronald Siyoni (26-06-2024)
Ronald Siyoni, says there is an intention within the sector to go ahead with the cement price hike. We have seen about 1.5% odd price hikes during June on an average on a pan-India basis, but still, pan-India prices remain lower sequentially for quarter one of FY25 by about 3% to 4%.
Medicamen Organics IPO allotment expected soon. Check status, GMP, listing date and other details (26-06-2024)
Medicamen Organics' IPO success signals potential market growth amidst global pharmaceutical advancements, with revenues and profits reflecting promising industry trends.
ITC, Bharti Airtel’s weight may go up in Nifty rejig. $95 million passive inflows expected (26-06-2024)
ITC and Bharti Airtel’s weights in Nifty is expected to go up in the quarterly rejig which gets into effect on Thursday, triggering combined inflows of $95 million according to estimates by Nuvama.
HAL board approves dividend of Rs 13/share for FY4 (26-06-2024)
The board of HAL approved a final dividend of Rs 13 per share for FY23-24. The proposed record date for dividend payment is August 21, pending shareholders' approval. Additionally, HAL has increased its authorized share capital from Rs 600 crore to Rs 700 crore by amending the capital clause of its MoA.