India latest market news
February 28, 2023 10:45 PM IST
Based on the OI percentage, as many as 54 stocks were on the short-covering list. These included Adani Enterprises, Power Grid Corporation of India, City Union Bank, MCX India, and REC
March 01, 2023 01:58 AM IST
The market regulator said it identified Rs 30.5 crore as wrongful gains accrued due to the alleged front-running activities and directed that this amount be impounded from the entities.
February 28, 2023 07:39 PM IST
Divgi Torqtransfer Systems has allotted 31.43 lakh equity shares to 12 anchor investors.
February 28, 2023 07:47 PM IST
Softbank is also considering the option to upsize, if the deal evokes a strong demand. The shares are likely to be offered at a 3-5 percent discount against the market price.
February 28, 2023 06:55 PM IST
The gain comes amid reports that Adani Group plans to prepay or repay share-backed loans worth between $690 million and $790 million by the end of March
February 28, 2023 06:17 PM IST
The share allotment will be finalised by March 9 and shares will be transferred to the demat accounts of eligible investors by March 11. The company will make its market debut on March 14
February 28, 2023 05:41 PM IST
The innovative cancer drug maker is an appealing target for a pharma giant with plenty of cash to spend
February 28, 2023 05:30 PM IST
On the monthly scale, the index lost more than 2 percent and formed a big bearish candle for the third straight month. The index is down 1,600 points from the record high of 18,887 it hit on December 1
February 28, 2023 05:11 PM IST
“A reversal in price trend will be solely based on pick-up in awarding of orders and monetisation of real estate projects, which appears less likely at the current juncture,” warned Antu Thomas, senior research analyst at Geojit Financial Services.
February 28, 2023 04:58 PM IST
Experts see 60 percent front-loading in the first half of next financial year
February 28, 2023 04:53 PM IST
Nomura prefers Reliance Industries and Larsen and Toubro as the major players in the green hydrogen segment.
February 28, 2023 04:24 PM IST
Bloomberg's sources familiar with the matter have revealed that the SEBI is examining the regulatory compliance of Adani Group's publicly listed companies, as well as all aspects of their share trading.
February 28, 2023 04:28 PM IST
Vikaas M Sachdeva, Managing Director, Sundaram Alternates believes consumption in India is set to explode with per capita income crossing the $2,000 mark. He spoke to Moneycontrol’s Abhinav Kaul at the venue of PMS Bazaar’s Dubai Alternative Investment Summit. Watch!
February 28, 2023 04:11 PM IST
Among sectors, power and realty were up a percent each, while metal, oil & gas, healthcare and IT were down 1-2 percent
February 28, 2023 04:09 PM IST
On aggregate, 31 listed banks reported a 16 percent increase in operating expenses for the December quarter and 14 percent for the first nine months of FY23.
February 28, 2023 04:26 PM IST
Broader indices outperformed the benchmarks, with the BSE midcap rising 0.6 percent and the smallcap index ending 0.4 percent higher
February 28, 2023 04:01 PM IST
The Datima Coal Mine Block has geological reserves of 13.30 million tonnes. The auction for the coal block was conducted by the Ministry of Coal, Government of India, on February 27, 2023.
February 28, 2023 03:38 PM IST
"The margins will be in line with our regular margins currently. We have priced the product as low as we can and don’t want to push for higher margins as of now," says Orient Electric's CEO Rakesh Khanna
February 28, 2023 03:40 PM IST
Shares continued to slide for eighth day. Sentiments were jittery on earnings downgrades, rising interest rates, FII selling, and weak retail investor interest. Santosh Nair decoded the rout that's plaguing the Indian markets. Vedanta, Lemon Tree, Blue Star & Crompton Greaves Consumer Electricals also on the radar.
February 28, 2023 03:32 PM IST
Ajay Srivastava, CEO of Dimensions Corporate Finance Services, recommended investors balance their portfolios and get into fixed-income segments. "Non-MNC consumer stocks I think those are the first ones which will keep falling till they come to a peak of 2025," he said.
February 28, 2023 03:26 PM IST
In today’s edition of Moneycontrol Pro Panorama: Decoding impact of Q3 corporate results on GDP growth, lithium mining poses environmental dilemma, Manish Sisodia’s arrest a big challenge for AAP, urban and rural earning divide widens, and more
February 28, 2023 02:31 PM IST
Damodaran has said in a blog post that the debt level at Adani Group is three times the optimal levels
February 28, 2023 01:59 PM IST
The analysts see a low-growth, high-inflation scenario ahead
February 28, 2023 01:05 PM IST
We look at the prospects of further monetary tightening. While the dollar index remains at a seven-week high, Brent is headed for a fourth monthly decline and gold & silver lose shine in February. Catch Manisha Gupta live for all the action in the commodities markets!
February 28, 2023 12:38 PM IST
According to PTI, fraudulent transactions worth Rs 500 crore have been unearthed, and two premises have been sealed
February 28, 2023 12:33 PM IST
The regulatory environment for ecommerce business is still at a nascent stage and could have material implications for these businesses, similar to what we saw in the case of telecom and private mining during the past two decades. Investors need to factor in this risk also while deciding to invest in these businesses
February 28, 2023 11:38 AM IST
In the first two months of 2023, 19 companies raised Rs 225 crore from the SME IPO market, while there were no issues in the main market.
February 28, 2023 11:41 AM IST
Investors, he says, would do well to identify high-quality companies and should not get carried away by short-term gyrations. Look at the high cash-flow and high ROC-generating companies, and stay the course. That is the way to write the India story, he says.
February 28, 2023 11:32 AM IST
Congress should hold the Fed more accountable while helping it to conquer rising prices
February 28, 2023 11:30 AM IST
With the Federal Reserve likely to raise rates thrice more, the greenback will be supported, battering emerging market currencies like the rupee.
February 28, 2023 11:35 AM IST
S&P Global Ratings has stated in a report that if Vedanta Resources is unable to advance either the $2 billion fundraising exercise or the sale of its international zinc assets to Hindustan Zinc Ltd in the near future, the company's credit rating will face immediate strain
February 28, 2023 11:16 AM IST
The media sector, thanks to the re-found zeal in Zee Entertainment, saw a long buildup, a bullish scenario when price and open interest rise in tandem. Infra and capital goods also were seeing a long buildup.
February 28, 2023 10:37 AM IST
Fossil fuel pollution is declining faster than anyone anticipated. But far older practices like cutting down forests, livestock and crop farming account for a significant chunk of emissions too
February 28, 2023 10:32 AM IST
Last week, the exchange had declared that it would not issue any new month futures and options (F&O) contracts once the contracts for February expired.
February 28, 2023 10:10 AM IST
Prime Minister Narendra Modi inaugurates post-budget webinar on unleashing the potential ease of living using technology. The webinar will cover the opportunities Budget 2023 has brought towards transforming lives through the power of technology. Watch!
February 28, 2023 10:07 AM IST
There are multiple factors that make Mas Financial’s business an interesting proposition despite intense competition
February 28, 2023 10:08 AM IST
Brigade Enterprises will be more than doubling the number of seats this year due to cater to the increased demand.
February 28, 2023 10:35 AM IST
The US FDA’s current Good Manufacturing Practices (cGMP) inspection at the said unit was conducted between February 6 and February 17.
February 28, 2023 09:49 AM IST
Prathamesh Mallya of Angel One expects gold to trade lower towards Rs 55,250 levels, a break of which could prompt the price to move lower to Rs 55,080 levels.
February 28, 2023 09:48 AM IST
Triveni Glass will invest Rs 1,000 crore to set up a 840 metric tonnes per day capacity solar glass manufacturing plant in Andhra Pradesh.
February 28, 2023 10:18 AM IST
Equity investors are currently exhibiting nervousness. Yield inversion signals, rising rates and budget changes giving fixed income a boost could worsen matters
February 28, 2023 09:37 AM IST
Dr Reddy’s will acquire the portfolio for an upfront payment of approximately USD 90 million (USD) in cash.
February 28, 2023 09:27 AM IST
FMC Corp, a large US based agrochemical company, gave revenue growth guidance of 6 percent for 2023
February 28, 2023 08:59 AM IST
MSCI's broadest index of Asia-Pacific shares outside Japan was 0.25% higher but was set to end the month down about 6%. Japan's Nikkei rose 0.44%, while Australia's S&P/ASX 200 index gained 0.51%.
February 28, 2023 08:58 AM IST
Brent crude futures for April, due to expire on Tuesday, lost 20 cents to $82.25 per barrel by 0137 GMT, extending a 0.9% loss in the previous session. The more active May contract picked up 4 cents to $82.08 per barrel.
February 28, 2023 08:57 AM IST
Average gross earnings from self-employment were substantially lower than income from salaries, both in rural and urban areas
February 28, 2023 08:56 AM IST
Investors’ expectations about future policy rate paths are in contrast to central bank communications
February 28, 2023 08:55 AM IST
Real GVA growth for the December 2022 quarter for the services sector may disappoint while that for manufacturing may be slightly better than the September quarter performance
February 28, 2023 08:49 AM IST
It was a rough start to the week for Indian markets. Will they snap the sharpest losing streak in 4 years today? Zee Entertainment out of IBC Framework, Cipla’s Pithampur Plant’s observation, Wipro’s re-organisation of four global business units, Adani Group continues to be in the news, Dr Reddy’s Mayne US Generic Acquisition, and MSCI Global Standard Index Rebalance Effective today. Catch Nickey Mirchandani in conversation with Hemen Kapadia from KR Choksey Securities and Nischal Maheshwari from Centrum Institutional Equities to discuss the cues and news you need to watch out for today's trading session.
February 28, 2023 08:47 AM IST
The global reopening from the pandemic boosted consumer shares around the world, especially in India where the domestic demand story has long been touted by global funds, leading to billions in inflows in the second half of 2022.