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HDFC Bank has become India's third company to hit a market capitalisation of over ₹15 lakh crore. On Tuesday, April 22, the banking stock climbed over 2 per cent to hit its fresh record high of ₹1,970.65. Can the stock rise further? Continue Reading »
Oberoi’s shares have gained 19% in the past year, versus negative returns in Nifty Realty index. But Nuvama cautions that the weakness in housing volumes has led to concerns about future sales growth, Continue Reading »
Bharti Airtel has announced its agreement with Adani Data Networks to acquire rights for 400 MHz of spectrum in the 26 GHz band across various Indian states including Gujarat, Mumbai, and Tamil Nadu. Continue Reading »
Adani Ports has acquired the North Queensland Export Terminal in Australia for $2.4 billion through a non-cash deal involving new equity shares. This move supports their vision for a connected port network in vital Indian trade corridors across the Asia-Pacific. Continue Reading »
The stock market saw 85 stocks at 52-week highs, including Bajaj Finance and HDFC Bank, while 29 reached lows. The Sensex climbed 187.09 points, supported by foreign investments and a favourable economic environment. Continue Reading »