Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Ahead of Market: 10 things that will decide stock market action on Tuesday
Indian benchmark indices experienced a significant sell-off on Monday, marking their third consecutive session of decline. The Nifty50 and BSE Sensex both tumbled, led by banking, automobile, and energy sectors amid investor risk aversion. Analysts suggest a weakening trend with immediate support for the Nifty at 23,700.
HG Infra wins ₹3,931-cr highway project from Welspun Enterprises in Maharashtra
The project involves the construction of a 6-lane (including partially elevated) highway corridor along with the improvement of the existing road, covering the Pune to Shirur section of NH-753F with a minimum design length of 53.40 km. Shares of HG Infra Engineering Ltd ended at ₹634.20, up by ₹8.60, or 1.37%, on the BSE today, May 11.
Afcons Infrastructure wins ₹7,544 crore railway project in Croatia, marks entry into Europe
Shares of Afcons Infrastructure Limited ended at ₹327.40, down by ₹13.35, or 3.92%, on the BSE.
Mcap of 4 most valued firms erodes by ₹1 trn, SBI biggest laggard
The combined market valuation of four of the top-10 most valued firms eroded by Rs 1 lakh crore last week, with State Bank of India taking the biggest hit, amid a range-bound trend in equities. Last week, the BSE benchmark Sensex climbed 414.69 points or 0.53 per cent, and the NSE Nifty went up by 178.6 points or 0.74 per cent. "Indian equity markets witnessed a volatile and range-bound week, with sentiment remaining cautious despite intermittent recovery attempts. Early optimism driven by hopes of de-escalation in the Middle East and easing oil prices faded quickly as renewed tensions between the US and Iran resurfaced," Ponmudi R, CEO - Enrich Money, an online trading and wealth tech firm, said. While Bharti Airtel, State Bank of India, Tata Consultancy Services (TCS) and Larsen & Toubro faced erosion from their valuation, Reliance Industries, HDFC Bank, ICICI Bank, Bajaj Finance, Hindustan Unilever and Life Insurance Corporation of India (LIC) were the gainers from the pack. ...
Lenskart Block Deal | 7.2 crore shares worth ₹3,293 crore likely to change hands at ₹470
The block deal price is at a 3.6% discount to the current market price. Separately, it has been noted that the lock-in period for the IPO ends tomorrow, May 8. Shares of Lenskart Solutions Ltd ended at ₹488.00, down by ₹15.15, or 3.01%, on the BSE.
Stocks to Watch for May 8: Dabur, Thermax, Cochin Shipyard, BSE and more
From BSE reporting a 61.3% year-on-year rise in consolidated net profit for the fourth quarter to PNC Infratech emerging as the L1 (first lowest) bidder for an EPC project awarded by the Lucknow Development Authority, these are some stocks to track ahead of Friday's trading session.
Ramky Infra receives probe notice from Registrar of Companies
The company said the notice seeks information related to the period between FY2014-15 and FY2021-22. Shares of Ramky Infrastructure Ltd ended at ₹510.55, up by ₹0.60, or 0.12%, on the BSE today, May 7.
Adani Green Energy and 4 other stocks hit a 52-week high, rally up to 48% in a month
Five BSE 100 LargeMidcap TMC stocks, including Adani Green, Polycab and Nestle India, hit fresh 52-week highs despite broader market softness, rallying up to 48% in a month.
PNC Infratech emerges lowest bidder for ₹194 crore Lucknow flyover project
Shares of PNC Infratech Ltd ended at ₹223.60, up by ₹3.95, or 1.80%, on the BSE.
Zaggle signs 3-year agreement with Supreme Industries for Zaggle Propel platform
Shares of Zaggle Prepaid Ocean Services Ltd ended at ₹255.20, up by ₹13.15, or 5.43%, on the BSE.
Supreme Court directs MSEDCL to pay ₹250 crore to JSW Energy in tariff dispute
Shares of JSW Energy Ltd ended at ₹562.00, down by ₹0.65, or 0.12%, on the BSE.
PNC Infratech accepts ₹235-crore NHAI settlement offer for Agra bypass project
The settlement was under the Vivad-se-Vishwas III (Contractual Disputes) scheme in connection with an arbitration award related to the Agra bypass project. Shares of PNC Infratech Ltd ended at ₹215.50, up by ₹0.35, or 0.16%, on the BSE.