The Indian stock market faced selling pressure on December 16, with key indices falling 0.60%. Concerns over the rupee's decline and foreign investor selling contributed to market jitters, while sectoral indices mostly closed lower. The rupee breached 91 against the dollar, marking a historic low. Continue Reading »
The Sensex closed the day with a loss of 534 points, or 0.63%, at 84,679.86, while the Nifty 50 settled at 25,860.10, down 167 points, or 0.64%. The BSE Midcap index fell 0.78% while the Smallcap index declined 0.69%. Continue Reading »
A Japanese agrochemical giant that buys the herbicide pyroxasulfone from PI recently lowered its FY26 revenue and profit guidance. This will have a bearing on PI’s revenue visibility from the key product. Continue Reading »
V K Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said that normally when rupee depreciates the RBI will intervene to stabilise the currency by selling dollars. Continue Reading »
Vedanta shares rallied after the NCLT approved its demerger despite objections from the Ministry of Petroleum and Natural Gas. The stock settled over 3% higher. Continue Reading »
Maruti Suzuki's stock has surged 45% in the past year, with a Buy rating from Axis Securities and a target price of ₹18,170, suggesting a 10% upside. The company aims for a 50% market share while focusing on customer-centric strategies and new product launches. Continue Reading »
Ashish Kacholia portfolio stock Zaggle Prepaid jumped as much as 5% in intraday trade on the BSE on Tuesday, December 16, despite weak stock market sentiment. Continue Reading »