The Nifty Pharma index closed 0.98 per cent at 22177.05.
Posts in category Economic Times
GQG Partners refuses to sell Adani stocks after bribery scandal (25-11-2024)
GQG Partners downplayed the impact of the $265 million US bribery scandal on Adani Group, stating their investment thesis remains unchanged. With a $9.7 billion exposure, representing 6.1% of their assets, GQG expressed confidence in the soundness of Adani companies’ fundamentals and their manageable exposure despite market volatility.
Stock market update: Nifty IT index 0.66% (25-11-2024)
The Nifty IT index closed 0.66 per cent at 43618.15.
MFIN tightens lending criteria to tackle asset stress (25-11-2024)
The Microfinance Institutions Network (MFIN) is tightening lending norms for its members to address rising bad loans. These changes include stricter limits on lending to overdue borrowers, reducing the number of lenders per borrower, and capping total indebtedness, including unsecured retail loans. These measures aim to improve the sector’s resilience and financial inclusion efforts, taking effect January 2025.
Sensex rises! These stocks gained over 10% on BSE (25-11-2024)
In the Nifty 50 index, 41 stocks ended in the green, while 9 stocks closed in the red in today’s trade.
Sensex rises! But these stocks fell 5% or more in Monday’s session (25-11-2024)
In the Nifty pack, 41 stocks closed in the green, while 9 stocks ended in the red.
Share market update: Most active stocks in today’s market in terms of volume (25-11-2024)
The NSE Nifty index closed 314.66 points up at 24221.9
Tech view: Nifty likely to trade within 24,000–24,500 range, forms doji candle. How to trade tomorrow (25-11-2024)
The Nifty opened a gap and remained above the 24,100 level throughout the entire trading session. However, marginal profit booking was witnessed during the second half of the trading session. The markets witnessed a smart rally where the bulls were in control of the markets, taking the prices higher.
Sensex rises! These stocks rallied over 15% on BSE in today’s trade (25-11-2024)
In the Nifty50 index, 41 stocks closed in the green, while 9 stocks ended in the red.
Gainers & Losers: L&T, RVNL among 20 stocks in action on Monday (25-11-2024)
Indian markets rallied on Monday on BJP’s victory in Maharashtra elections, boosting railway, PSU, and infrastructure stocks. Adani Group stocks declined due to ongoing controversies. JSW Steel fell as it’s being replaced by Zomato in the Sensex.