Stock Market: News
27 Feb 2024
Foreign InvestmentStake of foreign investors in Indian stocks hits 10-year low
Foreign portfolio investors (FPIs) saw their combined stake in Indian stocks drop to a 10-year low of 16.3% in January 2024, as revealed by ICICI Securities.
27 Feb 2024
SensexSensex gains over 300 points, Nifty settles near 22,200 mark
On Tuesday, the benchmark Sensex and Nifty indices showed an upward trend.
26 Feb 2024
BusinessTips Industries' stock delivers 14,316% return in a decade
In last 10 years, Tips Industries, an entertainment company, has seen its stock price skyrocket from Rs. 3.60 apiece to Rs. 519, providing shareholders with a 14,316% return.
26 Feb 2024
SensexSensex slips to 72,790 points, Nifty settles above 22,120 mark
On Monday, the benchmark Sensex and Nifty indices witnessed a fall. The Sensex plunged 0.48% to 72,790.13 points, while the Nifty fell 0.41% to 22,122.05 points.
23 Feb 2024
SensexSensex ends flat, Nifty settles near 22,200
The stock market on Friday ended on a sluggish note as Sensex fell 15.44 points to 73,142.80 points. Nifty stood at 22,212.70 points, down 4.75 points.
23 Feb 2024
Reliance IndustriesJio Financial Services's market cap crosses Rs. 2 lakh crore
Jio Financial Services Ltd. has reached a market capitalization of over Rs. 2 lakh crore for the first time, thanks to a 35% increase in its share price this year.
23 Feb 2024
NVIDIANVIDIA crushes records, gains $277B in m-cap in single day
NVIDIA posted a fourth-quarter revenue of $22.1 billion, a huge leap from last year's $6.05 billion, and surpassing estimates of $20.62 billion.
22 Feb 2024
RedditReddit offering shares to top 75,000 users ahead of IPO
Good news for Reddit enthusiasts!
22 Feb 2024
SensexSensex climbs over 530 points, Nifty closes above 22,200 mark
On Thursday, the benchmark Sensex and Nifty indices saw gains. While the former rose 0.74% to 73,158.24 points, the latter jumped 0.74% to 22,217.45 points.
21 Feb 2024
SensexSensex falls over 430 points, Nifty retains 22,000 mark
On Wednesday, the benchmark Sensex and Nifty indices witnessed a fall. The former plunged 0.59% to 72,623.09 points, while the Nifty fell 0.64% to 22,055.05 points.
20 Feb 2024
SensexSensex regains 73,000 mark, Nifty closes at all-time high
On Tuesday, the benchmark Sensex and Nifty indices showed an upward trend.
20 Feb 2024
Initial Public Offering (IPO)Best IPO of 2024: Vibhor Steel debuts at 181% premium
Vibhor Steel Tubes, a producer and exporter of various steel products, made a remarkable debut today. Its shares got listed at 181% premium over the initial public offering (IPO) price.
19 Feb 2024
SensexSensex gains over 280 points, Nifty settles above 22,120 mark
On Monday, the benchmark Sensex and Nifty indices saw gains.
19 Feb 2024
NiftyNifty 50 hits all-time high of 22,150
Nifty 50 has hit an all-time high of 22,150.75 in today's session. At the time of writing, it retracted a little to 22,123 points, up 82.5 points or 0.36% from its last closing.
19 Feb 2024
PaytmPaytm stock rises 5% after Axis Bank deal, extended deadline
Paytm stock surged 5% today, reaching the upper circuit for the second day in a row after the company revealed a partnership with Axis Bank to handle merchant payments.
16 Feb 2024
SensexSensex gains 376 points, Nifty settles near 22,040 mark
On Friday, the benchmark Sensex and Nifty indices showed an upward trend.
16 Feb 2024
Tata Motors LtdTata Group plans spin-off and listing of its battery business
Tata Group is considering the possibility of spinning off its battery business, Agratas Energy Storage Solutions Pvt., into a separate entity.
15 Feb 2024
Sachin BansalSachin Bansal's Navi Finserv to raise Rs. 600cr through NCDs
Sachin Bansal, co-founder of Flipkart, is set to raise up to Rs. 600 crore for his fintech start-up Navi Finserv through a new bond issue of Non-Convertible Debentures (NCDs).
14 Feb 2024
National Stock ExchangeNSE announces special trading session on March 2
The National Stock Exchange will conduct a special trading session on March 2 (Saturday) with an intra-day switch over to the disaster recovery site.
14 Feb 2024
Securities and Exchange Board of IndiaTravel aggregator Ixigo files for Rs. 120 crore IPO
LE Travenues Technology, which runs travel portal Ixigo, has submitted fresh draft papers to Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).
14 Feb 2024
Mahindra & MahindraMahindra's Q3 net profit jumps 61% YoY to Rs. 2,454cr
Mahindra and Mahindra (M&M) saw a 61% YoY increase in standalone net profit for the quarter ended December 31, reaching at Rs. 2,454 crore.
14 Feb 2024
Jeff BezosBezos sells $4B worth of Amazon stock in 4 days
Jeff Bezos, Amazon's founder, has sold 24 million shares, earning over $4 billion.
14 Feb 2024
PaytmPaytm shares tumble to 52-week low, down 65% from highs
Paytm's stock dropped over 9% again in early trading today, falling below Rs. 350 mark as troubles persist for parent company One97 Communications.
14 Feb 2024
Federal ReserveWhy Nifty and Sensex are trading in red today
Indian stocks faced a substantial drop today, influenced by the downturn in US markets last night.
13 Feb 2024
Eicher MotorsEicher Motors's Q3 net profit rises 34% to Rs. 996cr
Eicher Motors has reported a 34.43% year-over-year increase in net profit, reaching Rs. 995.97 crore for the December quarter.
13 Feb 2024
NVIDIAWith $1.78T valuation, NVIDIA surpasses Amazon's market capitalization
NVIDIA briefly surpassed Amazon in market value, reaching a whopping $1.78 trillion, on Monday (February 12).
13 Feb 2024
Morgan StanleyBHEL, PNB enter MSCI as India's weightage reaches historic high
India has reached a record high of 18.2% in the MSCI Global Standard (Emerging Markets) Index after the February review.
12 Feb 2024
OYO RoomsOYO requests SEBI to expedite IPO approval
OYO's top bankers and executives met with the Securities and Exchange Board of India (SEBI) to discuss the company's progress and speed up its IPO approval.
12 Feb 2024
Securities and Exchange Board of IndiaWith boom in IPOs, SEBI intensifies scrutiny of corporate documents
India's market watchdog, the Securities and Exchange Board of India (SEBI), is ramping up its scrutiny of documents submitted by companies planning to go public, per Reuters.
09 Feb 2024
FinanceBandhan Bank's Q3 net profit jumps threefold to Rs. 733cr
Bandhan Bank has announced a remarkable 152.06% increase in net profit, reaching Rs. 732.7 crore for the third quarter ending December 31, 2023.
09 Feb 2024
Hong KongIndia surpasses Hong Kong in terms of stock trading volumes
India's National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) have outperformed the Hong Kong Exchange (HKE) in trading volumes.
09 Feb 2024
SensexSensex climbs 170 points, Nifty settles above 21,780 mark
On Friday, the benchmark Sensex and Nifty indices saw gains. The former rose 0.23% to 71,595.49 points, the latter jumped 0.3% to 21,782.50 points.
08 Feb 2024
SensexSensex tanks over 720 points, Nifty settles above 21,700 points
On Thursday, the benchmark Sensex and Nifty indices were on a downward trend.
08 Feb 2024
NVIDIABuoyed by AI, NVIDIA to overtake Amazon in market value
NVIDIA, the world's leading AI chipmaker, is closing in on Amazon's market value, thanks to Wall Street's growing interest in artificial intelligence.
07 Feb 2024
State Bank of India (SBI)SBI becomes second PSU company with over Rs. 6T m-cap
Shares of the State Bank of India (SBI) soared over 4% to all-time high of Rs. 675 each, raising its market capitalization above Rs. 6 lakh crore.
07 Feb 2024
Power Grid Corporation of IndiaPower Grid Q3 net profit increases 10.5% to Rs. 4,028cr
Power Grid Corporation of India reported a 10.5% increase in consolidated net profit for the quarter ending December 31, 2023, reaching Rs. 4,028.25 crore compared to Rs. 3,645.29 crore last year.
07 Feb 2024
SensexSensex closes flat at 72,152 points, Nifty settles at 21,930
The stock market closed on a flat note on Wednesday with the Sensex settling at 72,084.1 points and Nifty ending at 21,930.5 points.
07 Feb 2024
Canara BankCanara Bank shares surge as board mulls over stock split
Canara Bank's board is scheduled to meet on February 26 to discuss the potential split of the bank's equity shares.
06 Feb 2024
CREDCRED acquires mutual fund start-up Kuvera, forays into wealth management
Kunal Shah-led CRED has acquired online financial planning and investment platform Kuvera in a cash and stock deal.
06 Feb 2024
Tata Consultancy Services (TCS)TCS's m-cap surpasses Rs. 15 lakh crore for first time
Tata Consultancy Services (TCS) achieved a market capitalization of over Rs. 15 lakh crore for the first time, as its stock rose nearly 4% in today's trading session.