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Auto and consumer stocks declined by up to 1% each, while realty stocks shed 2.33%.

The upgrade is aimed at simplifying government securities (G-Secs) investment for individual investors.

BHEL’s order book is likely to cross the ₹2 lakh crore mark, according to both Axis and Nuvama, from ₹1.33 lakh crore during the same quarter last year.

Nifty 50 fell 3.5% in the last one month as the trade talks between India and the US turned for the worse. Growth estimates are at risk while corporate earnings lack momentum. One of India’s biggest fund managers asks investors…

M&B Engineering IPO Listing: The listing was below grey market estimates, where shares of M&B Engineering were quoting a premium of 14.29%.

Sri Lotus Developers IPO Listing: Out of the funds raised, ₹550 crore will be utilised for its subsidiaries for new projects and investments. The rest will be used for general corporate purposes.

Back in 2018, Pidilite had also carried out a buyback of its equity shares, fixing a price of ₹1,000 per share to repurchase the stock.

According to a CNBC-TV18 poll, Net Interest Income (NII) for PFC is likely to increase by 16.2% from last year to ₹5,028 crore, while net profit may increase by 7.5% year-on-year to ₹3,999 crore. BHEL may also return to profitability.

The study highlights that mutual fund schemes backed several new listings, with Ather Energy (₹1,351 crore), HDB Financial Services (₹1,331 crore), and Schloss Bangalore (₹679 crore) among the top beneficiaries.

At the interbank foreign exchange, the domestic unit opened at 87.72 against the US dollar before dipping marginally to 87.73, registering a rise of 15 paise from its previous close.