Foreign investors bought a net ₹259 crore of equities on Tuesday, while domestic institutions turned buyers after selling ₹1,290 crore in the previous session.
Indian investors will track developments around the US-Iran talks, after Pakistan Defence Minister Khawaja Asif said that “things are shaping up again in favor of a peace arrangement”. US markets were largely flat amid uncertainty over a possible agreement, while…
Revenue declined 12% to ₹612 crore in the June quarter, although the agrochemical maker managed to improve its gross margin through higher pricing.
Shares of Manappuram Finance Ltd ended at ₹367.50, up by ₹0.50, or 0.14%, on the BSE.
Revenue grew just 6%, but operating profit rose 35% as the refractory maker recovered higher input costs and lifted its EBITDA margin to 13.6%.
The rupee declined 13 paise to settle at 95.43 (provisional) against the US dollar on Tuesday, tracking a sharp rise in global crude oil prices amid geopolitical uncertainties.
Shares of JSW Dulux Ltd ended at ₹3,150.00, up by ₹93.50, or 3.06%, on the BSE.
India’s new closing auction system impacts index options, creating challenges for brokers and fund managers. Bernstein expects near-term volume and stock impact.
Shares of Finolex Cables, Hind Rectifiers, Viyash Scientific, Unichem Labs, Venky’s and Avenues AI have seen the sharpest result reaction among companies that reported their results on Tuesday, August 11. The stocks fell as much as 8% and gained as…
The Sensex fell 388 points to 78,154, while the Nifty dropped 112 points to 24,472. The Nifty Bank slipped 241 points to 57,446, while the Midcap index declined 12 points to 63,843.