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Ola Electric shares rebounded 15% to ₹53.80 after a record low, lifting market cap above ₹20,000 crore. The stock faced challenges, including a creditor's petition alleging payment default, and a decline in market share and profitability concerns. Continue Reading »
Apurva Sheth, Head of Market Perspectives & Research, SAMCO Securities sees Nifty at 23,500 by 2025-end. Sheth doesn’t expect the markets to scale the new highs in 2025. The best case scenario for markets will be to remain range bound from 26,277 to 21,281 in 2025, the expert added. Continue Reading »
Mutual fund holdings in IndusInd Bank declined by 7.4% to ₹20,020 crore. The number of IndusInd Bank shares held by fund houses fell by 7.3% to 20.22 crore by the end of February. Continue Reading »
After five months of losses, the Nifty 50 index recovered in March, amid US economic concerns. Despite turbulence on Wall Street, the index has gained nearly 3% this month. Continue Reading »
IGI made a strong market debut on December 20, listing at ₹510 on the NSE and ₹505 on the BSE, marking a gain of over 21 per cent from its issue price. Continue Reading »
The smallcap segment has been ravaged, with significant index declines and widespread stock losses. Yet, a few sectors defied this trend, showcasing surprising resilience amid the chaos Continue Reading »
LIC plans to decide on acquiring a stake in a health insurance company by March's end, with no majority stake intended. The move aims to compete in a growing market against established private insurers. Additionally, LIC is discussing longer-term bond issuance with the Reserve Bank of India. Continue Reading »