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NEWS. Stock Market NEWS Updated Daily

NEWS. Stock Market NEWS Updated Daily

This NEWS section covers current news for stock markets. To view latest news about specific stocks, please browse to the desired stock pages. Click one of the exchanges in the menu above and then use the search box to find your desired stock.

NEWS. Stock Market NEWS Updated Daily

Post Ukraine, India has been best in managing inflation: Marico MD Saugata Gupta

Marico saw its domestic volume rise 3% during the march quarter with flat revenue while gross margins expanded 417 basis points. the company said the market will be slightly inflationary, which could warrant a slight price increase. last month, it hiked 6%
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-08

Adani Enterprises to invest Rs 80,000 crore in capex this fiscal

Adani enterprises plans ₹80,000 crore capex, focusing on anil and airports. ganga expressway gets ₹12,000 crore. shah mentions coal-to-pvc and data center. debt rises 31%. anil includes green hydrogen, wind turbines, and large monocrystalline unit.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-08

FMCG, auto companies break the jinx as rural growth rises above urban

Rural fmcg demand outpaced urban markets in jan-mar 2024. car companies reported higher rural sales. nielseniq noted 7.6% rural growth. factors include robust rabi crop and government measures. maruti suzuki saw record rural sales.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-08

Android tablets flip the table on iPads in March quarter

Following technological advancements such as 5g support, high-resolution display, stylus support and more, shipments of android tablets in the consumer segment surged in the march quarter, which also saw easing of inventory bottlenecks. in contrast, ipad s
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-08

ET in the Classroom: Nomination for your MF units

The new deadline is june 30, 2024. investors need to have a nomination in place for their mutual fund schemes held in their folios or opt out of it by this date.
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-05-08

Lower Open Anticipated For Singapore Stock Market

(rttnews) - the singapore stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had risen more than 15 points or 0.5 percent. the straits times index now rests just above the 3,300-point plateau
Tag: Stock Market USA    Source: nasdaq.com   Dated: 2024-05-08

Belstar Microfin files papers for Rs 1,300-crore IPO

The company is a nbfc-mfi (non-banking finance company - micro finance institution) offering loan products, such as micro enterprise, small enterprise, consumer goods, festival, education and emergency loans, and focuses on the lending model of 'self-help
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-07

CDSL adds 1.09 crore demat accounts in March quarter

Cdsl added 85 lakh new accounts in the december 2023 quarter, 80 lakh in the september quarter, and 52 lakh in the march 2023 quarter, the depository said in an exchange filing.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-07

Titan plunges 7.2% on profitability worries, analysts cut price targets

"aggressive store expansion by existing players and entry of new player (e.g., novel jewels by aditya birla group will invest ₹5,000 cr) may keep competitive intensity elevated," said citi's analysts in a client note.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-07

Kotak Bank 'attractive' despite short-term issues, rises over 5%

Analysts said despite the short-term challenges, the bank's valuations are attractive compared to its peers given its sector-leading metrics on key parameters. regulatory relief and top management stability will be key catalysts in the near term.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-07

Deepak Nitrite surges 4.8% after double upgrade from Morgan Stanley

The brokerage said deepak nitrite is in the midst of its largest investment cycle, transitioning into india's largest, integrated phenolics producer.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-07

Microsoft buys land in Hyderabad for Rs 267 cr to build data centre

Microsoft has acquired 48 acres of land in hyderabad for a deal worth around '267 crore. the property, located about forty kilometers from hyderabad, is part of microsoft's plans to expand its data centre business. the acquisition adds to its existing netw
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-07

Britannia ready to lose on margins to gain on volumes

Britannia, the largest biscuit maker in india, is targeting double-digit volume growth despite potential price increases for wheat and sugar post-elections. the company is also focusing on expanding adjacent businesses and building its core biscuit portfol
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-07

BAT unlikely to bat on the board of ITC's hotels biz

Itc's hotel business will not have any board representation from its largest shareholder, bat, according to a demerger document. bat will own 15.32% in itc hotels as foreign direct investment, making it the largest public shareholder after itc's promoter h
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-07

Trai may give telcos time for upgrading their IT systems

Telecom operators are holding consultations with officials from the telecom regulatory authority of india (trai) regarding the new rules that have come into effect. since a large amount of data has to be submitted and the format is also different, the indu
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-07

KSK Mahanadi to NCLT: Change of circumstances calls for fresh bidding

Ksk mahanadi power company, represented by its resolution professional's counsel, informed the nclt, hyderabad, on monday, that new circumstances necessitate a reissuance of bids under the corporate insolvency resolution process (cirp) for ksk mahanadi pow
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-07

Norms eased to draw in more suppliers for power equipment

India's primary planning and advisory body for the power sector has loosened a significant condition for power equipment supplies in public sector projects, aiming to enable utilities to issue tenders that facilitate greater involvement from private vendor
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-07

Authorised car dealers can claim input tax credit on demo cars: AAR

Gst authority ruled dealers can claim input tax credit on demo cars. landmark cars east pvt ltd sought ruling on taxation aspects, specified time period for inward supply to potential mercedes benz car buyers.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-07

PSBs set to develop road map for deploying GenAI systems

According to sources familiar with the matter, state-owned banks are preparing to devise a comprehensive strategy and roadmap for implementing generative artificial intelligence (genai) systems. pilot projects are slated for launch within the current fisca
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-07

Ampin Energy secures Rs 292 crore from Swiss firm ResponsAbility

Ampin energy transition raised million to expand solar capacity to 10gwp by 2030, supporting india's 500 gw renewable energy target. the investment aims to drive the transition for commercial and industrial customers, led by ceo pinaki bhattacharyya.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-07

Money laundering: Court discharges industrialist in a coal block allocation case

Manoj jayaswal discharged in a money laundering case related to coal block allocation scandal. charges against others. advocate vijay aggarwal represents jayaswal in the case.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-07

Singapore Stock Market May Find Additional Support On Tuesday

(rttnews) - the singapore stock market rebounded on monday, one session after ending the three-day winning streak in which it had risen more than 15 points or 0.5 percent. the straits times index now rests just above the 3,300-point plateau and it may add
Tag: Stock Market USA    Source: nasdaq.com   Dated: 2024-05-07

Is Micron Technology Stock Going to 0? 1 Wall Street Analyst Thinks So.

Micron technology (nasdaq: mu) shares have nearly doubled over the last 12 months following a sharp turnaround for this top memory chip supplier. the stock currently trades near 0 after hitting a 52-week high of 0 earlier this year, but the demand fo
Tag: Stock Market USA    Source: nasdaq.com   Dated: 2024-05-07

What is fanning the fear among traders? India Vix surges to 15-mth high

Uncertainty over election results, us fed rate cut fan volatility
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

Irdai imposes a fine of Rs 1 crore on IPO-bound Go Digit Insurance

According to recent general insurance council data, the company had a gross written premium (gwp) of rs 7,941.1 cr in fy24
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

Mutual fund equity buying tops Rs 1 trillion for 2024, shows data

The elevated equity market deployment in april indicates sustained inflows into equity schemes despite volatility
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

Heavyweights pull down Nifty for third day; Sensex down 384 points

Midcap, smallcap indices log the biggest fall in nearly two months
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

Sebi imposes stringent measures to address misconduct among its staff

Amended employees service regulation to include recovery of monetary loss, whole-time members and the chairperson are not covered
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

Premier Roadlines IPO to open on May 10, price band at Rs 63-67 per share

Logistics solutions provider premier roadlines on tuesday said it has fixed the price band at rs 63 to rs 67 per equity share for its initial public offer which will hit the capital market on friday to mop up a little over rs 40 crore. the company's shares
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

NSE to run special trading session on May 18 with disaster recovery switch

The special live trading session will have intra-day switch over from primary site to disaster recovery site
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

NSE to simulate disaster recovery with live session on Saturday, May 18th

The session will be divided into two parts. regular trading will occur on the primary site from 9:15 am to 10:00 am. following this, a one-hour simulated disaster scenario will take place from 11:45 am to 12:40 pm, with trading switching to the backup disa
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

Board of Shish Industries allots 5.66 lakh equity shares on preferential basis

At meeting held on 07 may 2024
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

Pound Softens Againsts US Dollar As Drop From Three Week High Extends

Powered by capital market - live news
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

Sensex drops 384 pts, Nifty holds 22,300, VIX crosses 17 mark

The benchmarks equity indices ended with major losses on tuesday, bucking positive global cues. the nifty 50 index settled near 22,300 after reaching an intraday high of 22,499.05. several factors contributed to the decline. recent corporate earnings repor
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

Indegene IPO subscribed 7.34 times

The offer received bids for 21.20 crore shares as against 2.88 crore shares on offer.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

Sonata Software consolidated net profit declines 3.00% in the March 2024 quarter

Sales rise 14.53% to rs 2191.61 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

Dr Reddy's Q4 PAT jumps 36% YoY to Rs 1,307 crore

The drug major's consolidated net profit increased 36.26% to rs 1,307 crore on 12.49% rise in revenues to rs 7,083 crore in q4 fy24 over q4 fy23.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

BIGBLOC Construction consolidated net profit rises 54.09% in the March 2024 quarter

Sales rise 45.97% to rs 67.95 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

Shekhawati Poly-Yarn reports standalone net profit of Rs 145.41 crore in the March 2024 quarter

Sales decline 43.73% to rs 24.08 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

Mishra Dhatu Nigam to acquire 20% stake in JV co

To be set up under defence testing infrastructure scheme of ministry of defence
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

SRF drops as Q4 PAT slides 25% YoY to Rs 422 cr

Srf tumbled 6.85% to rs 2,414.25 after the company's consolidated net profit slipped 24.93% to rs 422.21 crore on 5.51% decline in revenue from operations to rs 3,569.74 crore in q4 fy24 over q4 fy23.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

Latent View Analytics consolidated net profit rises 32.24% in the March 2024 quarter

Sales rise 21.68% to rs 171.64 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

Navin Fluorine International consolidated net profit declines 48.39% in the March 2024 quarter

Sales decline 13.65% to rs 601.95 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

Dr Reddy's Laboratories consolidated net profit rises 36.42% in the March 2024 quarter

Sales rise 12.49% to rs 7083.00 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

IRB Infrastructure Developers consolidated net profit rises 45.12% in the March 2024 quarter

Sales rise 27.24% to rs 2061.24 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

Sebi rejects NSE's proposal to extend trading hours for equity derivatives

Capital markets regulator sebi has rejected a proposal by the national stock exchange (nse) to extend the trading hours in the equity derivatives segment citing a lack of feedback from the stock brokers community. "currently, there is no plan to extend the
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

SRF consolidated net profit declines 24.93% in the March 2024 quarter

Sales decline 5.74% to rs 3505.92 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

Nifty May futures trade at premium

State bank of india, hdfc bank and icici bank were the top traded contracts.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

Board of Kajaria Ceramics approves Rs 15 cr investment in setting up unit for tiles adhesive

At meeting held on 07 may 2024
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

Board of Kajaria Ceramics approves increase in investment of Keronite Tiles

At meeting held on 07 may 2024
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

Board of Kajaria Ceramics approves increase in investment in Kajaria Plywood

At meeting held on 07 may 2024
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

Quick Wrap: Nifty Realty Index registers a drop of 3.49%

Powered by capital market - live news
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

Tata Elxsi collaborates with Arm

To accelerate software development cycles for next-generation vehicles
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

Nifty ends near 22,300; realty shares tumbles

Major fii selling and election uncertainty has caused a shift in investor sentiment. previously bullish traders are adopting a more cautious stance, leading to the current market jitters.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

Tata Motors UK JLR registration rises 19% YoY in April

Tata motors said that total jaguar land rover (jlr) registrations in uk jumped 19% to 5,627 units in april 2024 as compared with 4,722 units in april 2023.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

Century Textiles & Inds slides after Q4 PAT drops 4% YoY to Rs 160 cr

Century textiles & industries tumbled 4.40% to rs 1,849 after the aditya birla group company reported a 4.40% fall in consolidated net profit of rs 160.28 crore in q4 fy24 as against rs 167.66 crore posted in q4 fy23.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

Kamat Hotels (India) consolidated net profit declines 99.21% in the March 2024 quarter

Sales rise 4.98% to rs 84.51 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

Kajaria Ceramics consolidated net profit declines 5.17% in the March 2024 quarter

Sales rise 2.99% to rs 1240.82 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-07

GCPL takes Rs 2,389 cr one-time hit over Africa market strategy tweak

One-time costs related to loss on sale of subsidiaries, employee severance
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

Axis Bank to bring in expats in latest move to woo global companies

Axis is focused on companies from countries like south korea, japan, us, germany, italy and france that have good ties with india
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

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