BSE shares surge as much as 6% on Friday — Key factors explained
The expiry of both stock exchanges NSE and BSE switched from this week onwards. NSE now has a Tuesday expiry, while BSE has a Thursday expiry.
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From Netweb Tech to GMDC and Atul Auto — These stocks gained over 20% this week on strong volumes
Stocks like Mobikwik had their best weekly performance since their listing, while those such as GMDC had their best performance for a week in multiple years.
Sensex, Nifty end flat; recover over 1% this week as midcaps outperform
For the week, both the Sensex and Nifty gained over 1%, recovering most of last week’s losses, while the midcap index rose more than 2%. Autos and metals led sectoral gains, while IT stocks were the top drag.
Indian stocks have risen faster than earnings estimates
The excitement around GST cuts has been capped by the lack of certainty around earnings growth.
Reliance Infra cedes control in Dassault Aviation JV with ₹176 cr stake sale
Post the announcement, shares of Reliance Infrastructure ended over 2.5% down at ₹280 on the NSE.
Indus Towers promoter Bharti buys stake between August 25 – September 1; Stock jumps 5%
The promoters of Indus Towers bought 68.74 lakh shares of the company or close to 0.26% of the outstanding equity through the open market, according to the filing.
FMCG stocks led by Varun Beverages see profit booking after GST reforms
Out of the 15 index constituents, 14 stocks were in the red, including Varun Beverages, ITC, Emami, Colgate-Palmolive (India), Dabur, Marico, HUL, Britannia, among others, which fell between 1% and 4%.
Girish Mathrubootham to step down as executive chairman of Freshworks
In his notice, Mathrubootham, who helmed the company for 15 years, expressed his intent to wholly focus on his role with Together Fund, a venture fund he co-founded. He has offered his support to ensure a smooth handover in leadership…
Edelweiss AMC adds four-wheelers, mass consumption to portfolio post GST cut
Looking ahead, Trideep Bhattacharya, Chief Investment Officer – Equities at Edelweiss AMC expects the July-September 2025 quarter of the fiscal year 2025-26 (FY25) earnings to remain subdued but sees momentum building from the October-December 2025 quarter (Q3).
PNC Infratech wins order worth ₹495.54 crore to construct bridge and approach road in Bihar
The order from the Bihar State Road Development Corporation (BSRDC) involves construction of high-level bridge and approach road on Hathouri-Atrar-Bavangama-Aurai Road in the state. The bids were opened on Thursday, September 4.