The Nifty and Sensex posted their biggest weekly gain in over four years, surging 4.2% on Friday. This rally was fueled by signs of foreign investors returning to the market and renewed optimism that blue-chip indexes have bottomed out after a period of decline. In this bullish environment, analysts have identified four stocks with the…
Shares of Kotak Mahindra Bank surged as much as 3.8% on Monday, reaching a 52-week high of ₹2,162.90 on the BSE. The rally was driven by investor optimism following key leadership changes announced by the private lender. The stock significantly outperformed the Nifty Bank index, which gained 2% on the same day. So far in…
Indian stock markets continued their upward momentum for the sixth consecutive session on Monday, driven by strong gains in banking and IT stocks. The rally was further fueled by foreign capital inflows and bargain buying, boosting investor confidence. At around 11:01 am, the BSE Sensex surged 919 points (1.19%) to 77,823, while the Nifty50 climbed…
Vodafone Idea (Vi) shares are expected to remain in focus on Monday as the company seeks urgent relief from the Department of Telecommunications (DoT) regarding its adjusted gross revenue (AGR) and spectrum purchase dues. Vi’s CEO, Akshaya Moondra, has reached out to DoT secretary Neeraj Mittal, requesting swift approval for the equity conversion of these…
In a significant investment move, SBI Mutual Fund (MF), ICICI Prudential MF, and Nippon India MF collectively acquired a 4.12% stake in travel distribution firm TBO Tek through open market transactions on Friday. The total purchase was valued at ₹537 crore. Investment Breakdown According to bulk deal data, the three mutual fund houses purchased a…
March 21 (Reuters) – Canada’s main stock index, the S&P/TSX composite index, closed lower on Friday, giving back some of its weekly gains as concerns over U.S. trade tariffs resurfaced. The index dropped 91.75 points, or 0.4%, ending at 24,968.49. However, despite Friday’s dip, the index posted a 1.7% weekly gain, marking its biggest rise…
March 22 (Reuters) – European Union member states are advocating for flexibility in meeting gas storage targets over the next two years, as they seek to mitigate the financial strain caused by soaring market prices. A new provision, drafted by Poland, proposes allowing member states to deviate by up to 5 percentage points from the…
Auto major Samvardhana Motherson has announced a 50% interim dividend for eligible shareholders, putting the stock under the bulls’ radar in the upcoming trading sessions. The company has set March 28, 2025, as the record date for the dividend, meaning investors holding shares on March 27, 2025, will be eligible for a dividend payment of…
Despite early signs of recovery in the Indian stock market, foreign institutional investors (FIIs) have continued their selling spree in the first half of March. However, market analysts believe that the intensity of this sell-off is showing signs of easing, offering a glimmer of hope for domestic investors. With potential support from the U.S. Federal…
Indian equity markets opened in the red on Friday, breaking a four-day winning streak as concerns over discretionary spending in the U.S. weighed on IT stocks. The BSE Sensex slipped 114 points, or 0.15%, to 76,234, while the Nifty50 declined 14 points, or 0.06%, to 23,176 in early trade. The sharpest decline was seen in…