Stock Market: News

20 Oct 2023

Mutual Funds

Zerodha Mutual Fund introduces new open-ended scheme: How it works

Zerodha Mutual Fund has unveiled the Zerodha Nifty LargeMidcap 250 Index Fund, an open-ended plan designed to mirror and follow the Nifty's LargeMidcap 250 Index.

20 Oct 2023

Sensex

Nifty, Sensex decline for 3rd consecutive session: Here's why

India's domestic equity benchmarks, Nifty and Sensex saw a drop for the third day in a row today (October 20).

20 Oct 2023

Sensex

Sensex slips over 230 points, Nifty settles above 19,540 mark

On Friday, the benchmark Sensex and Nifty indices witnessed a massive slump.

19 Oct 2023

Netflix

Netflix jumps over 13% in pre-market session: Here's why

Netflix has proven its ability to thrive during Hollywood's writers and actors strikes, gaining more subscribers in the third quarter than in the past three years.

HUL Q2 net profit rises 3.8% YoY to Rs. 2,717cr

Hindustan Unilever Ltd (HUL) on October 19 released its Q2 results, showing a standalone net profit of Rs. 2,717 crore, a 3.86% rise compared to the Rs. 2,616 crore profit in the same quarter of the previous year.

19 Oct 2023

Sensex

Sensex drops over 240 points, Nifty settles below 19,630 mark

On Thursday, the benchmark Sensex and Nifty indices witnessed a massive fall since morning.

19 Oct 2023

Nestle

Nestle India's Q2 net profit surges 36% to Rs. 908cr

Nestle India has announced a 36% increase in consolidated net profit for the Q2 of FY24, reaching Rs. 908 crore.

18 Oct 2023

Sensex

Sensex slips over 550 points, Nifty settles below 19,700 mark

The benchmark Sensex and Nifty indices were on a downward trend. While the Sensex plunged 0.83% to 65,877.02 points, the Nifty fell 0.71% to 19,671.10 points.

18 Oct 2023

Indian Government

HUDCO shares plummet 10% following Centre's stake sale announcement

Shares in the Housing and Urban Development Corporation Ltd. (HUDCO) fell by nearly 10% today (October 18).

17 Oct 2023

Sensex

Sensex gains 261 points, Nifty settles above 19,810 mark

On Tuesday, the benchmark Sensex and Nifty indices of the stock market showed an upward trend.

17 Oct 2023

ICICI Bank

ICICI Securities shares gain 8% on strong Q2 performance

ICICI Securities's stock jumped 8% to reach Rs. 683 during today's trading session on the NSE. This increase was triggered by the company's strong Q2 earnings.

16 Oct 2023

Sensex

Sensex slips 115 points, Nifty settles near 19,730 mark

On Monday, the major indices of the stock market ended on a sluggish note.

Dolly Khanna increases stake in high-performing stock despite 165% rally

Ace investor Dolly Khanna has increased her stake in Prakash Pipes from 2.78% to 3.24% during the July-September 2023 quarter, as per the latest portfolio update.

13 Oct 2023

Mutual Funds

BlackRock sees $13 billion withdrawal from long-term funds: Here's why

BlackRock Inc. faced a net withdrawal of $13 billion from its long-term investment funds, marking the first time this has happened since COVID-19 began in 2020.

13 Oct 2023

Sensex

Sensex slips 125 points, Nifty settles near 19,750 mark

On Friday, the benchmark Sensex and Nifty indices witnessed a slump.

13 Oct 2023

Tata Motors Ltd

Tata Motors shares soar on JLR's impressive H1 FY24 performance

Tata Motors' stock soared to an all-time high as its subsidiary, Jaguar Land Rover (JLR) India, posted its best-ever performance for the first half of FY24.

12 Oct 2023

Sensex

Sensex closes over 66,400 points, Nifty settles above 19,790

On Thursday, major indices of the stock market ended flat with the Sensex settling 0.10% down at 66,408.39 points and the Nifty closing at 19,794 points, 0.09% lower than yesterday.

12 Oct 2023

Business

Groww dethrones Zerodha as India's top brokerage in active investors

Groww has surpassed Zerodha as India's top brokerage in terms of active investors.

12 Oct 2023

Adani Group

Adani Ports receives dollar bond buyback offers worth $213 million

Adani Ports and SEZ has shared that it got offers worth nearly $213 million for its dollar bond buyback program.

TCS announces Rs. 17,000 crore share buyback at 15% premium

Tata Consultancy Services (TCS) has announced a share buyback plan worth Rs. 17,000 crore, at a price of Rs. 4,150 per stock.

11 Oct 2023

Sensex

Sensex climbs over 390 points, Nifty settles above 19,800 mark

On Wednesday, the stock market had a bearish opening but the benchmark Sensex and Nifty indices witnessed a surge.

'World's oldest start-up' prices IPO at $46 per share

Birkenstock Holding, touted as the world's oldest start-up, has set its US initial public offering (IPO) price at $46 per share, landing right in the middle of the projected range of $44-49.

MCX will launch new derivatives platform on October 16

The Multi Commodity Exchange of India (MCX) announced on Wednesday that its brand-new commodity derivatives platform (CDP) will launch on October 16, 2023.

10 Oct 2023

Sensex

Sensex climbs 567 points, Nifty settles near 19,690 mark

On Tuesday, the stock market had a bearish opening but the benchmark Sensex and Nifty indices witnessed a surge.

10 Oct 2023

Business

Nifty Realty Index jumps 5% to reach 15-year high

The Nifty Realty Index soared over 5% on Tuesday, with select shares surging by an impressive 18%.

US defense stocks surge amid Israel-Hamas war

As the conflict between Israel and Hamas intensifies, defense stocks in the United States (US) are seeing remarkable growth.

09 Oct 2023

Sensex

Sensex slips 483 points, Nifty settles near 19,510 mark

On Monday, the benchmark Sensex and Nifty indices were on a downward trend.

TCS hits 52-week high on share buyback hopes

Tata Consultancy Services (TCS) is set to consider a share buyback, with the decision to be announced alongside its July-September quarterly results on October 11.

09 Oct 2023

Business

Demat accounts surge by 26% YoY to 12.97cr in September

The number of demat accounts in India has surged by 26% year-on-year, reaching 12.97 crore in September, mainly due to the appealing returns from local equities.

06 Oct 2023

Sensex

Sensex soars 364 points, Nifty settles near 19,650 mark

On Friday, the benchmark Sensex and Nifty indices showed an upward trend.

05 Oct 2023

Sensex

Sensex gains over 400 points, Nifty settles above 19,540 mark

On Thursday, the benchmark Sensex and Nifty indices showed a bullish trend. The Sensex rose by 0.62% to close at 65,631.57 points, while the Nifty gained 0.55% to settle at 19,544.3 points.

04 Oct 2023

Sensex

Sensex slips to 65,226 points, Nifty settles below 19,440 mark

On Wednesday, the benchmark Sensex and Nifty indices were on a downward trend. While the Sensex plunged 0.44% to 65,226.04 points, the Nifty fell 0.48% to 19,436.1 points.

04 Oct 2023

Nestle India

Nestle India may split its stock for the first time

Nestle India has announced that its board of directors will consider a stock split of its existing equity shares on October 19, alongside the release of its September quarter results.

03 Oct 2023

Sensex

Sensex slips 316 points, Nifty settles near 19,530 mark

On Tuesday, the benchmark Sensex and Nifty indices witnessed a slump.

03 Oct 2023

Maruti Suzuki

Why major Indian auto stocks are trading in red today

Major auto stocks, such as Maruti Suzuki, Hero MotoCorp, Eicher Motors, and Tata Motors, saw a dip in share prices after announcing their September automobile sales.

29 Sep 2023

Sensex

Sensex gains 320 points, Nifty settles near 19,640 mark

On Friday, the benchmark Sensex and Nifty indices saw an upward trend.

28 Sep 2023

India

Zerodha CEO Nithin Kamath addresses valuation speculations, reveals growth projections

Zerodha co-founder and CEO Nithin Kamath took to Twitter today (September 28) to clear the air about the company's valuation.

28 Sep 2023

Sensex

Sensex slips over 600 points, Nifty settles above 19,500 mark

On Thursday, the benchmark Sensex and Nifty indices were on a downward trend. While the Sensex plunged 0.92% to 65,508.32 points, the Nifty fell 0.98% to 19,523.55 points.

27 Sep 2023

Sensex

Sensex climbs over 170 points, Nifty settles above 19,700

On Wednesday, the benchmark Sensex and Nifty indices saw gains since morning. While the Sensex rose 0.26% to close at 66,118.69 points, the Nifty jumped 0.26% to settle at 19,716.45 points.

26 Sep 2023

Startups

Zerodha FY23 results: Revenue and profit grow by over 40%

Zerodha, India's leading stockbroking firm posted a revenue of approximately Rs. 6,875 crore in fiscal 2023.