SGX Nifty up 30 points; here’s what changed for market while you were sleeping

SGX Nifty up 30 points; here’s what changed for market while you were sleeping

After a sharp selloff last week, Indian equity markets will likely kick off the new week with some caution amid the lacklustre global cues. US stocks settled lower over the weekend trade, whereas Asian peers were trading mixed. The ease in the US dollar was a reason for cheer among the investors. Here’s breaking down … Read more

As Sensex rallies 9,000 pts from June low, 23 BSE500 stocks delivered over 50% returns

As Sensex rallies 9,000 pts from June low, 23 BSE500 stocks delivered over 50% returns

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

Gopikishan Damani sells 10 lakh shares of India Cements in Q4

Gopikishan Damani sells 10 lakh shares of India Cements in Q4

New Delhi: Seasoned investor Gopikishan Damani trimmed his stake in during the March 2022 quarter, the latest shareholding data suggests. According to a regulatory filing, Gopikishan Shivkishan Damani sold 10 lakh equity shares of the Chennai-based cement maker during the January-March period. Damani held 2,52,16,496 shares or 8.14 per cent stake in the company as … Read more

After 10x rally in 3 years, this unlisted ‘champion’ stock still has more legs

After 10x rally in 3 years, this unlisted ‘champion’ stock still has more legs

New Delhi: After a tepid season last year, the MS Dhoni-led Chennai Super Kings (CSK) is back in table-topper form in the new leg of the ongoing Indian Premier League (IPL) cricket tournament, and so are the unlisted shares of the franchise. The stock has risen to the Rs 120 level in the informal market … Read more

Will Damanis’ 2nd biggest holding deliver healthy Q4 numbers today?

Will Damanis’ 2nd biggest holding deliver healthy Q4 numbers today?

NEW DELHI: India Cements, where seasoned investor Radhakishan Damani and his brother Gopikishan held over 21 per cent stake as of last available shareholding data, is set to announce its March quarter results later on Monday. Analysts largely expect the N Srinivasan-led cement maker to report profit in the Rs 40-75 crore range on double-digit … Read more