The Nifty failed to cross 24,000 intraday and that will be the first level to watch on the upside. For the Nifty Bank, 54,000 – 55,000 is the range for the index. Among things to watch will be any follow-up…
Asian stocks were up 0.4% near their record as traders remained bullish on AI trade. South Korea led gains as investors bet the country’s chipmakers, such as Samsung Electronics Co. and SK Hynix Inc., will benefit from the global AI…
In a statement to the exchanges on Monday, Vodafone Idea said that they have not received any communication from the Vodafone Group with regards to transferring a part of its holding as treasury stock.
Brent crude traded over $104 a barrel while West Texas Intermediate was close to $98 a barrel.
Shares of infrastructure companies Afcons Infrastructure and HG Infra Engineering will be in focus today, after both firms announced large project wins worth over ₹11,000 crore combined across international railway and domestic highway segments.
Despite earnings support, HSBC says sentiment remains on “shakier ground”, adding that the breadth of the rally has been narrow. Yet, they say there is more room for upside as most stocks are still below their 52-week high levels.
As of May 8, SBI is the seventh-most leveraged stock on the MTF book. As of May 7, it ranked 35th in that list. Shares have declined over 11% during a three-day losing streak.
Shares of Nuvama Wealth Management Ltd ended at ₹1,595.75, down by ₹35.50, or 2.18%, on the BSE.
Premier Energies and Syrma SGS scrap plan to acquire 51% of K-Solare after a strategic review, terminate talks amicably. Premier Energies shares fall 0.90% on NSE
JB Chemicals and Pharmaceuticals Q4 net profit fell 30.4 percent to 101.4 crore, revenue and EBITDA also declined, but shares rose 2.93 percent to 2215 on the BSE