Shares of GTL Infrastructure surged 42% over the past two trading sessions, climbing as much as 18.7% on Thursday to Rs 2.16 on the BSE, as investors piled into the small-cap telecom infrastructure stock despite no fresh corporate announcements. The rally is being driven by speculative interest and bullish technical indicators, alongside renewed optimism in … Read more
Shares of state-run oil producers ONGC and Oil India rallied up to 5% on Thursday, tracking a sharp uptick in global crude prices, even as downstream oil marketing companies, tyre makers, and aviation stocks fell amid concerns over higher input costs. Oil and Natural Gas Corporation (ONGC) shares rose 3.2% to Rs 255.15 on the … Read more
Shares of pipe manufacturer Jindal Saw surged nearly 11% to Rs 257.2 in Tuesday’s intraday trade after the company announced major expansion plans in the Middle East. On Monday, June 9, Jindal Saw said its board had approved three international investments totalling up to $118 million, aimed at expanding its footprint in the iron and … Read more
Shares in Asia were poised to open stronger on Tuesday, buoyed by US-China trade talk expectations as officials struck a positive tone after the first day of negotiations. Equity-index futures showed shares in Tokyo, Hong Kong and Shanghai may trade higher, while Sydney stocks looked flat. US and Chinese officials were set to resume their … Read more
A significant proportion of India’s high-net-worth individuals (HNIs) are falling short on financial discipline and structured planning despite their rising affluence and ambitions, according to a new survey released by Marcellus Investment Managers in collaboration with Dun & Bradstreet on Wednesday. The India Wealth Survey 2025, which covered 465 households across 28 cities, found that … Read more
Walmart-owned Flipkart on Wednesday is understood to have sold its entire 6% stake in Pantaloons owner Aditya Birla Fashion & Retail (ABFRL) in a Rs 582 crore bulk deal this morning. The Birla Group stock fell 11.49% to the day’s low at Rs 76.10 on BSE following the exit. Flipkart Investments Private Limited had offered … Read more
Shares of Zinka Logistics Solutions climbed as much as 3.1% on Wednesday to Rs 457.15 on the BSE after several investors, including Quick Routes International, Accel and Peak XV Partners, offloaded significant stakes in the logistics unicorn through open market transactions. Quick Routes International, a key early backer of Zinka Logistics, exited the company on … Read more
Investors booked profits in gold amid volatility linked to Trump-era tariff concerns, with June gold futures on the MCX opening lower by Rs 592, or 0.62%, at Rs 94,797 per 10 grams on Friday. This came despite preliminary GDP data showing a contraction, which had boosted bullion’s safe-haven appeal in the previous session. Despite ongoing … Read more
The initial public offering (IPO) of storage solutions provider Aegis Vopak Terminals, which opened for public subscription earlier today, has attracted a subscription of 26% on Day 1 of the process. The issue is available for bidding till May 28. By the end of the first day of bidding, the issue had received bids for … Read more
Let’s start with your personal story I’m a third generation Mumbaikar, and given this background my education has been with the State Board and Mumbai University. I am a commerce graduate from RA Podar College, and my post graduate degree is a Masters in Management Studies, specialising in Finance from METIMS. How did you land … Read more