Indian market started on a strong note on Friday tracking positive global cues. The S&P BSE Sensex rallied over 500 points while the Nifty50 reclaimed 17,000 levels in the first 15-minutes of trade. Sectorally, the rally was seen in metals, realty, auto, capital goods, and power stocks while some selling was visible in the healthcare … Read more
New Delhi: Domestic equity markets ended the week with mild gains, thanks to a strong pull back on Friday. The merger of HDFC twins boosted the morale on Monday, but markets remained volatile mid week. The hawkish commentary from the Fed, rising inflation, spike in bond yields and tension between Russia and Ukraine kept the … Read more
Shares of Dr Reddy’s Laboratories advanced over 2 per cent in Wednesday’s morning trade ahead of its financial results for the quarter ended June 30. The scrip traded 2.09 per cent higher at Rs 4,135 at around 11.30 am (IST), while the benchmark BSE Sensex was down 0.26 per cent at 38,391. Brokerage Emkay Global … Read more
MUMBAI: Aditya Puri, managing director and chief executive officer of the country’s largest private sector lender HDFC Bank has sold 95% of his stake valued Rs 843 crore in the bank this week. According to insider trading data published by the stock exchanges on Saturday, Aditya Puri has sold 74.2 lakh shares of the bank … Read more