BEML, IGL, Zomato rally up to 24% this week; Natco, Yes Bank among top laggards on BSE500

BEML, IGL, Zomato rally up to 24% this week; Natco, Yes Bank among top laggards on BSE500

New Delhi: Domestic equity markets settled higher during the truncated week, thanks to upbeat economic data which boosted the morale of traders. Benchmark indices – BSE Sensex and Nifty50 – added 2 per cent each, whereas midcap and smallcap gauges also added over a per cent each. Fear gauge India VIX dropped close to 7 … Read more

Promoters pare holdings to cash in on bull run

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Mumbai: The record-breaking stock market rally has prompted promoters of nearly 130 companies to sell a portion of the holdings in their companies in the last three months. According to stock exchange disclosures, promoters of HDFC Life, Coforge, TVS Motor, CG Consumer, Max Financial Services, Quess Corp, Bharat Forge and GMR Infra, among others, have … Read more