Adani Group stocks surged up to 8% in Thursday’s early trade after a Wednesday rout. The top gainer in the pack was Adani Green Energy which hit the day’s high of Rs 1,875 on the NSE. It was followed by Adani Wilmar and Adani Energy Solutions which were up 7%, each. The gains in Adani … Read more
Mumbai: Lupin Digital Health and the American College of Cardiology (ACC) have announced the introduction of the world’s first-ever Digital Therapeutics Certificate for Cardiologists. In a bid to encourage the integration of cutting-edge digital solutions in Cardiology, ACC will grant ‘Digital Pioneer’ certificates to cardiologists who adopt Remote Cardiac Rehab and Digital Heart Failure clinic … Read more
LTIMindtree and Bharat Electronics (BEL) will replace UPL and Dabur India from S&P BSE Sensex 50 index with effect from December 18 as part of the reconstitution of the 30-stock index, a BSE release said on Monday. Shares of LTIMindtree jumped over 2% to the day’s high of Rs 5638 on the BSE while BEL … Read more
New Delhi: The Centre may earmark half of the incentives it plans to offer to bidders under the advanced chemistry cell (ACC) performance-linked incentive (PLI) programme to support manufacturing of grid energy storage batteries, said officials. They said 10 Gigawatt hours (GWh) of the 20 GWh ACC battery PLI incentives being rebid will be for … Read more
Cement maker ACC on Thursday announced a standalone net profit of Rs 384.29 crore for the quarter ended September 30, 2023, versus a loss of Rs 91.09 crore posted by the company in the corresponding quarter of the last financial year. However, on a quarter-on-quarter (QoQ) basis, the Adani Group company reported a 17% decline … Read more
MUMBAI: Benchmark indices snapped two-week winning streak and net lost over 1% in the week-ended October 20. The rising US bond yields, firm crude oil prices, and weak earnings from IT majors were some of the factors that weighed on the market sentiment. The coming truncated week is likely to bring in volatility as a … Read more
Bajaj Finance. Share Price 7819.85 03:59 PM | 25 Sep 2023 348.50(4.66%) Tata Consumer Products. Share Price 900.60 03:59 PM | 25 Sep 2023 22.86(2.60%) Bajaj Finserv. Share Price 1577.40 03:59 PM | 25 Sep 2023 33.71(2.18%) Apollo Hospitals Enterprise. Share Price 5097.05 03:58 PM | 25 Sep 2023 107.50(2.15%) Coal India. Share Price 288.05 … Read more
Technical charts are currently signalling a notable absence of clear directional momentum in the market. If the Nifty index surpasses and maintains levels above 19,500, it could drive the index to the 19,700-19,800 range. Should the index breach the critical support level of 19,350, the downside target is anticipated to be within the 19,200-19,100 range. … Read more
The price-to-book value (P/B) for indices on the National Stock Exchange will be calculated based on the networth of each index constituent at the consolidated level in the annual financials, NSE Indices, a subsidiary of the exchange, said in a release on Thursday. Currently, the P/B for indices are calculated by taking into consideration the … Read more
Global index services provider MSCI has added eight Indian stocks to its Global Standard Index and removed one as part of its quarterly index review. The changes will likely result in an inflow of nearly $1.4 billion from foreign passive funds when the actual changes take place on August 31. A release by MSCI on … Read more