Market News
Stay updated with the latest market trends, earnings, and economic indicators.
How JSW Energies’ Rs 3,150-crore JSW Steel stake sale will help lower debt, Jefferies explains
JSW Energy’s Rs 3,150-crore stake sale in JSW Steel to GQG Partners and SBI Mutual Fund is expected to strengthen its balance sheet. Jefferies says the move will lower leverage, support capex plans and improve execution visibility, prompting a target price upgrade to Rs 675.
Block deal: JSW Energy sells Rs 3,150 crore JSW Steel stake to GQG, SBI Mutual Fund
JSW Energy has divested a portion of its JSW Steel stake for Rs 3,150 crore to fund its aggressive power generation expansion. The company aims to reach 30 GW capacity by 2030, bolstered by both renewable and thermal power projects. This strategic move enhances capital allocation and supports long-term growth initiatives.
JSW Steel block deal sees GQG, SBI MF as key buyers
GQG Partners and SBI Mutual Fund emerged as key buyers in a block deal of JSW Steel on May 18, reflecting in the day’s institutional inflow data. The transaction, valued at around ₹3,150 crore, saw JSW Energy offload 2.5 crore shares at ₹1,260 apiece. GQG acquired 1.5 crore shares, while SBI Mutual Fund picked up 1 crore shares, indicating strong institutional appetite for the steel major.
Sensex, Nifty: 5 reasons why stock market is falling today; Tata Steel, SBI shares hit hard - Business Today
Sensex, Nifty: 5 reasons why stock market is falling today; Tata Steel, SBI shares hit hardBusiness Today
Stocks to Watch for May 18: Vodafone Idea, REC, PFC, RBL Bank, Tata Steel, Coal India and more
From Vodafone Idea reacting to its results and fund raising approval to REC and PFC's update on their merger, there are plenty of stocks that should be on your radar going into Monday's trading session on May 18. Here is the complete list:
Q4 Results LIVE Updates: JSW Steel, Muthoot react to results; Tata Steel, Power Grid report today
Q4 Results LIVE Updates: Two Nifty 50 companies Tata Steel and Power Grid along with broader market names like ITC Hotels, Hindustan Copper, Godfrey Phillips, Gland Pharma, Cochin Shipyard, Deepak Nitrite, Balrampur Chini, Arvind, Bajaj Electricals, Aarti Drugs, Aether Industries, Alembic Pharma, NCC, NHPC, Premier Energies, SAIL, SJVN, Solara Active Pharma, Symphony, Thangamayil, Triveni Engineering, VST Tillers, are among the companies reporting their earnings today. JSW Steel, Muthoot Finance, Apollo Tyres, Endurance Tech, Voltas, are some of the other result reactions today. Watch this space for all the LIVE updates.
Dalal Street set for negative opening as GIFT Nifty trades lower
Nifty closed at 23,690 on Thursday. IT shares faced pressure from global AI competition. Markets will watch West Asia conflict, energy prices, and foreign fund flows. A move above 23,800 could boost Nifty higher. Failure to hold this level may bring selling pressure. India VIX fell. SAIL and Kaynes are in F&O ban. Foreign investors bought shares.
Sensex Today Trades Higher | Nifty Above 23,450 | Bharti Airtel & Tata Steel Top Gainers - Equitymaster
Sensex Today Trades Higher | Nifty Above 23,450 | Bharti Airtel & Tata Steel Top GainersEquitymaster
Sensex Today Trades Higher | Nifty Above 23,450 | Bharti Airtel & Tata Steel Top Gainers - Equitymaster
Sensex Today Trades Higher | Nifty Above 23,450 | Bharti Airtel & Tata Steel Top GainersEquitymaster
Q4 Results LIVE Updates: Balaji Amines shares suge 20%; NLC India up 11%; JSW Steel report today
Q4 Results LIVE Updates: Nifty constituents JSW Steel and Tata Motors PV as well as Apollo Tyres, Hindustan Aeronautics, Data Patterns, United Spirits, Vishal Mega Mart are among the companies reporting their numbers today. Bharti Airtel, Bharti Hexacom, DLF, Oil India, among others will also be reacting to their results reported after market hours on Wednesday. Stay tuned for all the Live updates.
Market at Close | Nifty snaps 4-day losing streak, led by Bharti Airtel, L&T, Dixon Tech gains
The Sensex rose 50 points to close at 74,609, while the Nifty gained 33 points to settle at 23,413. The Nifty closed above the 23,400 mark, with Bharti Airtel Limited, Larsen & Toubro Limited, Tata Steel Limited and Asian Paints Limited emerging as the top contributors.
Sensex Today Trades Marginally Higher | Nifty Above 24,350 | Tata Steel & Eternal Top Gainers - Equitymaster
Sensex Today Trades Marginally Higher | Nifty Above 24,350 | Tata Steel & Eternal Top GainersEquitymaster