Stock Market

Specialty chemical maker Vikas EcoTech’s shares up over 200% in 1 yr

New Delhi: Vikas EcoTech shares gained over 200 percent over the past one-year period evidently due to the announcement of production-linked incentives to reduce import dependency for various products. Founded in 1984,…
Global cues, FIIs outflows subdue indices; realty stocks down

Mumbai: Global cues as well as continuous selling by FIIs subdued India’s equity indices — S&P BSE Sensex and NSE Nifty50 — on Friday. Accordingly, indices closed lower for the third consecutive…

Equities erase early losses, rise marginally in afternoon trade

New Delhi: India’s key indices — S&P BSE Sensex and NSE Nifty50 — recovered from its early trade losses and traded higher during the afternoon session on Friday. “The roller coaster ride…
Equities settle marginally down; banking stocks top losers

New Delhi: India’s key indices — S&P BSE Sensex and NSE Nifty50 — settled marginally lower on Wednesday in a highly volatile trading session. In the morning session, the indices traded marginally…
NBFC counters rise as RBI extends NPA norms compliance date

New Delhi: Shares in the NBFC space have shown a healthy gains on Wednesday as the RBI provided an extension for the implementation of the new NPA rules. The RBI on Tuesday…
Investors lose over Rs 12 lakh crore in two sessions as Sensex crashes

Mumbai: The BSE benchmark Sensex plunged 1,747 points while the Nifty crashed below the 17,000-level on Monday as escalating Russia-Ukraine tensions sparked a retreat from riskier assets globally. A depreciating rupee and…
Sindhu Trade Links becomes multibagger, shares up 2000% in 2021

New Delhi: Sindhu Trade Links shares became multibagger in 2021 as it rose over 2,000 per cent during the year. On Friday, the shares settled at Rs 139 on the BSE, against…

RBI’s status-quo on rates, stance buoys market: Power stocks rise

Mumbai: The RBI MPC’s decision to retain key lending rates buoyed India’s key benchmark equity indices — S&P BSE Sensex and NSE Nifty50 — on Thursday. Accordingly, the Monetary Policy Committee (MPC)…
Firm global cues lift equities; metal stocks up

New Delhi: Firm global cues as well as value buying pushed India’s key benchmark equity indices — S&P BSE Sensex and NSE Nifty50 — higher on Wednesday. Besides, expectations of a status-quo…
Value buying, easing oil prices lifts equities; metal stocks rise

Mumbai: Value buying triggered after three consecutive sessions of falls lifted India’s key benchmark equity indices — S&P BSE Sensex and NSE Nifty50 — marginally in the green on Tuesday. Besides, oil…
SBI, Bank of Baroda shares rise amid weak broader mkt sentiment

New Delhi: Shares of some banks in the PSU segment swam against the current on Monday and traded sharply in the green on the back of improved asset quality in terms of…
JM Financial gives ‘buy’ call for ITC, GAIL, M&M Financial, 6 others

New Delhi: The brokerage and investment firm JM Financial has given a ‘buy’ call for shares such as ITC, GAIL, Mahindra & Mahindra Financial, Welspun India, Apollo Tyres, Blue Star, V Guard…
Forex reserves down by USD 4.531 bn to USD 629.755 bn

Mumbai: The country’s foreign exchange reserves declined by USD 4.531 billion to stand at USD 629.755 billion in the week ended January 28, RBI data showed on Friday. In the previous week…
Equity settles in red, Nifty IT top losers; sugar stocks gain

New Delhi: India’s key benchmark equity indices — S&P BSE Sensex and NSE Nifty50 — settled in the red on Thursday due to profit booking after the recent rally coupled with subdued…
Fiscal Push: Budget FY23, value buying lift equity indices

Mumbai: Stock buying sentiment triggered by Union Budget as well as attractive valuations lifted India’s key equity indices — S&P BSE Sensex and NSE Nifty50 — on Wednesday. Initially, the domestic equity…