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HFCL Ltd Spikes 3.85%
HFCL Ltd has added 31.64% over last one month compared to 1.82% fall in BSE Teck index and 1.82% rise in the SENSEX
Indices drift higher in early trade; breadth strong
At 09:30 IST, the barometer index, the S&P BSE Sensex, jumped 437.19 points or 0.55% to 77,412.81. The Nifty 50 index rose 120.40 points or 0.50% to 24,142.50.
BSE seeks clarification from Rajesh Exports on ED searches
The Bombay Stock Exchange (BSE) on Wednesday sought a clarification from gold jewellery firm Rajesh Exports Ltd over reports of searches conducted by the Enforcement Directorate (ED) at multiple locations linked to the Bengaluru-based company. The exchange's query came a day after the central agency searched nine premises connected to the firm under the provisions of the Foreign Exchange Management Act (FEMA). "The reply is awaited," Rajesh Exports said in a regulatory filing. The development marks a fresh escalation in the legal troubles surrounding the company, which is already facing allegations of a massive financial fraud levelled by the Securities and Exchange Board of India (Sebi). Rajesh Mehta, the company's Founder and Chairman, recently denied any fund diversion or wrongdoing in an interview with PTI. He said the firm would fully cooperate with the fresh forensic audit ordered by Sebi and would not challenge the market regulator's interim order against it.
Why did stock market rally today? BSE Sensex closes around 800 points up - top reasons for rise - The Times of India
Why did stock market rally today? BSE Sensex closes around 800 points up - top reasons for riseThe Times of India
Ruchit Jain of Motilal Oswal suggests AXIS Bank, Genus Power shares to buy for the short term
Indian equity benchmarks surged today, driven by falling crude oil prices and supportive comments from the RBI Governor. The Nifty 50 rose 0.95%, while the BSE Sensex gained 1.27%. However, the broader market remained weak, with smallcap and midcap indices declining.
Nifty trades tad above 24,050; broader market underperforms
At 13:30 ST, the barometer index, the S&P BSE Sensex, soared 871.76 points or 1.16% to 77,073.99. The Nifty 50 index rose 235.50 points or 0.99% to 24,054.85.
Nifty trades above 24,000 level; IT shares in demand
At 12:28 IST, the barometer index, the S&P BSE Sensex, soared 734.46 points or 0.96% to 76,935.14. The Nifty 50 index rose 180.60 points or 0.76% to 24,005.
Hindustan Zinc Ltd Slips 1.01%
Hindustan Zinc Ltd has lost 14.69% over last one month compared to 6.57% fall in BSE Metal index and 0.34% drop in the SENSEX
Fermenta Biotech Ltd Surges 3.48%
Fermenta Biotech Ltd has added 20.53% over last one month compared to 2.48% gain in BSE Healthcare index and 0.34% drop in the SENSEX
Tech-Led global selloff, Fed rate fears weigh on Indian equities
Indian stock markets experienced their sharpest single-day drop in nearly a month, mirroring a global tech sell-off. The Nifty 50 and BSE Sensex both fell significantly, influenced by a strong US dollar and profit-taking after recent gains. While pharma and healthcare sectors showed resilience, most others, including metals and IT, declined. Market volatility increased, with analysts watching key support levels closely.
Graphite India management to meet Kotak Mutual Fund on June 24 - scanx.trade
Graphite India management to meet Kotak Mutual Fund on June 24scanx.trade
Ahead of Market: 10 things that will decide stock market action on Wednesday
Sensex and Nifty plunged over 1% on Tuesday amid global market weakness, IT sector losses, a weaker rupee and fresh foreign fund outflows. Investors will track technical levels, global cues, FII activity and key stock movements on Wednesday as markets look for direction after the sharp decline.