and , the companies that recently came under Adani Group’s stable, saw heavy sell-off on Friday as traders dumped the entire group amid concerns over corporate misgovernance and stock manipulation allegations made by US-based short-seller and research firm Hindenburg Research. ACC shares tumbled 20% to a 21-month low of Rs 1,732.60 on the NSE, while … Read more
NEW DELHI: Since the last Dussehra on October 15, 2021, at least 44 smallcaps have given multibagger returns to investors even as the Sensex eroded over 6% during the period amid worries related to the macroeconomic environment and rising interest rates. ITeS stock , which has a market cap of less than Rs 1,400 crore, … Read more
NEW DELHI: A day after Adani Group stocks slipped up to 10% with four of them hitting lower circuit, all nine counters belonging to billionaire Gautam Adani‘s stable bounced back smartly today amid a rebound in the market. was the top gainer in the pack with a rally of over 6%. , , and were … Read more
NEW DELHI: With Tuesday’s intraday gain, the BSE Sensex has climbed over 9,100 points from June low, outshining regional global peers by a good margin. The Dalal Street gains, Rs 50 lakh crore in market value terms, have largely been led by hopes that the domestic economy may stay on a strong footing even as … Read more
Shares of Adani Group’s flagship firm hit a new peak on Friday after the announcement of its inclusion in the Nifty50 index in the upcoming rejig. Adani Enterprises led by Gautam Adani, Asia’s richest and world’s third, will become part of Nifty50 from September 30, its upcoming periodical review. Adani Enterprises will replace , a … Read more
Mumbai , the flagship company of the Adani Group, will be included in the Nifty 50 index in place of , the National Stock Exchange said on Thursday. After , this would be the second stock from billionaire Gautam Adani‘s group to be included in the Nifty. The changes become effective from September 30. Adani … Read more
Indian markets closed higher on Tuesday after falling more than a per cent in the previous trading session. The S&P BSE Sensex rose more than 1500 points while the Nifty50 closed above 17700 levels. Sectorally, buying was seen in realty, banks, finance, power, utilities, and oil & gas stocks. Stocks that were in focus include … Read more
The total market capitalization of BSE-listed companies jumped close to Rs 43.88 lakh crore in the last two weeks and hit an all time high of Rs 280.52 lakh crore on August 18 from Rs 236.62 lakh crore on June 17. For this study, ETmarkets.com has considered the market capitalization of only BSE500 companies, which … Read more
Indian market snapped its six-day winning streak and closed in the red on Thursday amid selling at higher levels. The S&P BSE Sensex and Nifty50 closed flat with a negative bias. Sectorally, buying was seen in healthcare, IT, metals, and consumer durables while some selling was visible in telecom, realty, and public sector stocks. Stocks … Read more