Concord Biotech saw a weekly decline of 27.71%, with the stock closing at Rs 1693.20 on the BSE at the end of the week. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) Source link
Indian real estate stocks faced sharp selling pressure this week, making them the biggest losers in the market as the BSE Realty benchmark index tumbled 9.4%, significantly underperforming the broader BSE Sensex, which declined 2.47%. Despite the Reserve Bank of India’s (RBI) recent rate cut aimed at boosting economic growth, realty stocks failed to find … Read more
“I do not cover FMCG so far. But on restaurants, I am outperform on Jubilant and Devyani, the two larger players, while being underperform on Westlife and market perform on Sapphire,” says Jignanshu Gor, Bernstein India.Let us pick it up from where Mr Mehta left. You think elephants will continue to dance? India is a … Read more
Packaged snack maker Prataap Snacks has received an open offer from Authum Investment & Infrastructure and Mahi Madhusudan Kela to acquire up to 62.98 lakh equity shares which represent 26.01% stake in the company at Rs 865.66 per share. The cash offer comprises a price of Rs 864 per equity share along with an interest … Read more
Benchmark stock market indices closed higher after witnessing a brief rally on the first day of trading in 2025 fuelled by a rally in auto sector stocks. The S&P BSE Sensex added 368.40 points to end at 78,507.41, while the NSE Nifty50 gained 98.10 points to close at 23,742.90. Vinod Nair, Head of Research, Geojit … Read more
Shares of Adani Wilmar rebounded in early trading on Wednesday, climbing nearly 5% to reach a high of Rs 323.50 after having closed at Rs 308.25 in the previous session. This recovery follows a sharp decline of 7% on Tuesday after Adani Enterprises Ltd (AEL) announced its decision to sell its entire 44% stake in … Read more
Indian equity trading has been volatile with a negative bias for quite some time. Over the last 10 trading sessions, the benchmark index, Sensex, has lost more than 3,000 points. From its 52-week high, the Sensex has dropped by 8.5%, while the BSE500 index has fallen by approximately 9%. However, within the BSE500 index, there … Read more
Stocks in Asia saw a muted open after Donald Trump’s tariff plan roiled emerging markets in the previous session. Equities opened higher in Sydney, while dipping in Tokyo and Seoul. US equity futures were little changed after the S&P 500 rose for a seventh day to notch its 52nd record this year. A Bloomberg gauge … Read more
IRFC Share Price 142.15 03:59 PM | 22 Nov 2024 0.49(0.34%) Suzlon Energy Share Price 65.22 03:59 PM | 22 Nov 2024 -0.11(-0.17%) IREDA Share Price 185.5 03:59 PM | 22 Nov 2024 0.92(0.5%) Tata Motors Share Price 791.0 03:59 PM | 22 Nov 2024 17.15(2.22%) YES Bank Share Price 19.21 03:59 PM | 22 … Read more
Foreign Portfolio Investors (FPIs) continued their selling spree in November as well, off-loading domestic equities worth Rs 26,533 crore so far in this month. The total sell-off by them now stands at Rs 19,940 crore in 2024 versus Rs 1,00,245 crore at the end of September. In October, FPIs sold shares worth Rs 94,017 crore … Read more