Global News | World latest News| Trending News
The Indian market is likely to consolidate on Thursday, tracking mixed global cues. The Nifty future closed positively with gains of 0.57% at 24,306 levels on Wednesday. India VIX rose nearly 5% to close at 15.96 in the previous session. On the options front, the maximum Call OI is placed at 24,300 and then towards…
The NSE’s semi-annual index rejig is set to take effect on Thursday, March 27, and it’s expected to trigger major shifts in stock flows as it coincides with the monthly derivatives expiry. According to Nuvama Alternative & Quantitative Research, this rejig will impact passive fund flows, with notable changes seen in the Nifty Next 50…
India’s consumption sector, traditionally seen as a defensive haven during market volatility, is in the midst of a rare and sharp underperformance — with the Nifty FMCG and Nifty Consumption indices down about 20% and 17% from their September 2024 peaks, respectively. While the sector has lagged the broader market in recent months, Motilal Oswal…
Reflecting an improved credit profile, Adani Group’s cost of capital has fallen sharply by 104 basis points to 8.18% in FY25, the conglomerate, which operates India’s largest infrastructure portfolio, has told investors. In a recent investor meeting, Adani officials said this reduction in borrowing costs comes as a result of multiple credit rating upgrades, a…
The shares of JM Financial rallied 4% to their intraday high of Rs 108 on the BSE in early trade on Friday, February 21, after informing that they will receive a tax refund of Rs 230 crore from the Income Tax Department, Government of India. “Pursuant to Regulation 30 read with Para A, Part A…
Shares of the newly-listed International Gemmological Institute soared 10% on Thursday to hit their upper circuit and a new high of Rs 580.45 on the BSE following the 100% acquisition of IGI Netherlands and International Gemmological Institute BV. “With reference to the captioned subject and in accordance with Regulation 30 of the Securities and Exchange…
After listing at a healthy premium of 58.5%, shares of fintech firm One MobiKwik Systems on Wednesday rallied as much as 18.5% to Rs 524 on BSE, after listing on the bourse at Rs 442.25. The shares were listed at Rs 440 on the NSE, implying a premium of 57.7% to its issue price of…
Billionaire Anil Agarwal-led Vedanta is scheduled to consider and announce its fourth interim dividend for FY2024-25 on Monday, December 16. In an exchange filing, the mining major stated, “The meeting of the Board of Directors of the Company is proposed to be scheduled on Monday, December 16, 2024, to consider and approve the Fourth Interim…
