Defence stocks: The sharp rise in the share prices pushed the Nifty Defence index up nearly 1.7 percent to hover around 9,037 in the morning. The shares of defence companies surged on June 23 after US launched strikes at key nuclear facilities in Iran, which increased hopes of higher defence order inflows amid escalating conflict…
According to analysts, the Nifty remains a ‘buy on dips’ as long as it holds above the 24,850 level, with potential upside targets seen up to 25,800. The equity benchmark indices rebounded sharply on Friday, snapping a three-day losing streak, led by gains in financial, telecom and technology shares amid a drop in global crude…
Amazon has announced plans to invest around ₹2,000 crore ($233 million) in India in 2025, to scale up its logistics and delivery infrastructure, improve service speed and reliability, and enhance the welfare of its employees and delivery partners, the e-commerce giant said on Thursday. The investment will go towards Amazon India‘s new fulfilment centres, sortation…
On Tuesday, US President Donald Trump issued a direct warning to Iran and demanded its ‘unconditional surrender’ A day after US President Donald Trump issued a direct warning to Iran and demanded its ‘unconditional surrender’, Iran’s Supreme Leader Ayatollah Ali Khamenei hit back with a defiant message, saying the Iranian people will not submit…
The move introduces special provisions for PSUs where the Government of India and/or other PSUs hold 90% or more equity, allowing them to exit the markets through a fixed price delisting mechanism. The Securities and Exchange Board of India (SEBI) has approved key amendments to the SEBI (Delisting of Equity Shares) Regulations, 2021, aimed…
Vedanta Ltd is set to divest shares worth up to ₹7,500 crore in Hindustan Zinc Ltd through block deals, with the sale likely priced at a discount of up to 10% from the stock’s last closing value. Hindustan Zinc, once a state-owned enterprise, is now a key subsidiary of Vedanta Ltd and India’s largest…
The National Stock Exchange (NSE) has received Sebi’s approval to shift its expiry day to Tuesday for equity derivatives contracts, while the BSE has been assigned Thursday as its expiry day, the exchanges announced. This marks a swap from the current schedule, where NSE conducts F&O (Futures & Options) expiry on Thursdays and BSE…
Every fresh negative headline may cause temporary jitters, but the broader trend remains bullish, says a market expert The benchmark indices Sensex and Nifty rose nearly 1 percent on Monday, driven by gains in IT and oil stocks, value buying and a rebound in global equities amid easing crude oil prices despite tensions in…
Out of 43 mutual fund houses analysed, 16 increased their cash holdings while 27 reduced them. The largest cuts came from some of the biggest fund houses. Most experts remain positive on Indian markets. In a recent note from Bandhan Mutual Fund, they highlighted that India has been the top performing market globally over the…
Vedanta Limited on Friday announced that its board of directors will meet on 18 June to consider and approve the first interim dividend, if any, on equity shares for the financial year 2025–26. “Please note that the record date for the purpose of determining the entitlement of the equity shareholders for the said…