The Indian stock markets closed in the green on 2nd December 2024, driven by strong gains in key sectors like cement, steel, and healthcare. Despite concerns over global economic conditions and FIIs showing a marginal net outflow, the domestic market showed resilience with Nifty 50, Sensex, and BSE SmallCap indices posting significant gains. Key Market … Read more
After consecutive days of market volatility, Indian equity indices showcased a strong recovery on 29th November 2024. Both the Nifty 50 and Sensex surged, driven by gains across sectors, particularly in telecom, pharmaceuticals, and auto stocks. The rebound comes as a relief to investors after yesterday’s sharp sell-off, primarily influenced by global cues and concerns … Read more
India’s Gross Domestic Product (GDP) growth dropped to 5.4% in the second quarter of FY25, marking its lowest in seven quarters, as per data released by the Ministry of Statistics and Programme Implementation on November 29. This is a significant decline from the 6.7% growth recorded in the previous quarter and the 8.1% growth reported … Read more
The Rajputana Biodiesel IPO allotment status has been finalized, bringing excitement to investors eagerly awaiting updates. The IPO, which closed for subscription on November 28, Thursday, saw an overwhelming response, with the issue being subscribed a staggering 718.81 times overall. Here’s a detailed breakdown of the Rajputana Biodiesel IPO allotment process, subscription details, and how … Read more
The Indian stock market experienced a sharp sell-off today, reversing the gains of the previous session. Major indices closed significantly lower, weighed down by heavy losses in IT and financial sectors. In contrast, small-cap stocks showed resilience, with the BSE Smallcap index ending in the green. Today’s market witnessed a significant fall, driven by a … Read more
The Enviro Infra IPO allotment status is now available, as the basis of allotment has been finalized. If you applied for the Enviro Infra Engineers IPO, you can check your allotment status from Wednesday, November 27, 2024. The subscription period for the IPO closed on November 26, 2024, with the issue being subscribed a remarkable … Read more
The Indian stock market ended on a positive note today, led by a strong performance in Adani Group stocks, which surged following a clarification on bribery allegations in the US. Broader indices also showed resilience, with gains across key sectors except IT, reflecting improved investor sentiment. Key Indices Performance NIFTY 50: Closed at 24,274.90, up … Read more
The Indian stock market witnessed a mixed performance today, reflecting a cautious sentiment among investors after a strong 300-point rally in the NIFTY 50 yesterday. While select sectors demonstrated strength, profit booking and global cues impacted overall indices. Key Indices Performance NIFTY 50: Closed at 24,194.50, down 27.40 points (-0.11%). SENSEX: Ended at 80,004.06, declining … Read more
CME Solar Holdings reported a significant decline in its consolidated net profit for the September quarter (Q2 FY25), falling over 60% to Rs 15.29 crore, compared to Rs 38.63 crore in the same period last year. The drop in profit was attributed primarily to lower revenues, with total income falling to Rs 295.14 crore, down … Read more
The Indian stock market experienced a robust rally today, driven by the positive sentiment following the Maharashtra Lok Sabha election results. BJP’s decisive victory in Maharashtra, a key state contributing 13% to India’s GDP, boosted investor confidence. This optimism spilled over into broader market indices, including mid-cap and small-cap stocks, signaling an all-around positive sentiment. … Read more