The Indian market was closed for the Christmas holiday on Thursday. On Wednesday, Dalal Street closed lower, with the Sensex and Nifty retreating amid thin, pre-holiday trading as foreign investors turned net sellers and a lack of fresh triggers kept risk appetite in check. Losses in oil and gas, pharmaceutical, and IT stocks weighed on … Read more
Indian equity benchmarks eked out modest weekly losses, weighed down by persistent foreign institutional investor outflows and lingering uncertainty over US-India trade talks. Sentiments improved toward the close, however, with markets ending the week on a firmer note after the US Federal Reserve delivered a 25-basis-point interest-rate cut. The Nifty jumped 0.57 per cent on … Read more
Shares of Ola Electric Mobility surged as much as 13% on Monday to Rs 61.14 on the BSE, extending a rally that has lifted the stock 29.6% over the past five sessions. The gains follow the company’s receipt of Production Linked Incentive certification for its Gen 3 scooters, a milestone management says will improve margins … Read more
The Indian market ended lower on Friday, halting a six-day winning run, as investors turned cautious ahead of Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole symposium and braced for fresh U.S. tariffs on Indian goods, amid other headwinds weighing on sentiment. The BSE Sensex fell 693.86 points, or 0.85%, to close at … Read more
Mumbai: Shares of electric two-wheeler maker Ola Electric Mobility rallied about 20% on Monday, the biggest single-day move in eight months, after the company’s first-quarter results were better-than-expected. The stock is best suited for high-risk traders and investors, as analysts warn of continued sharp price swings in months ahead. Ola ended at ₹47.7 on Monday, … Read more
Shares of Ola Electric Mobility today jumped 4.45% to their day’s high of Rs 85.30 on the BSE after the company announced that it has resolved approximately 99.1% of the 10,644 complaints received from the Central Consumer Protection Authority (CCPA). In a stock exchange filing, the company said, “We wish to reiterate that Ola Electric … Read more