Asia-Pacific markets rose on Monday as investors focused on fresh economic data from China and ongoing geopolitical tensions between Israel and Iran. Oil prices surged and gold rallied after the weekend saw continued strikes exchanged between Israel and Iran, escalating concerns over regional stability. The move into safe-haven assets reflected investor caution amid the geopolitical…
The Indian stock market ended higher for the second straight session on Wednesday, June 25, buoyed by positive global cues and easing geopolitical tensions, particularly the pause in hostilities between Iran and Israel. The S&P BSE Sensex rose 700.40 points (0.85%) to close at 82,755.51, while the NSE Nifty rose 200.40 points (0.80%) to close…
KPIT Technologies shares dropped over 5% on Tuesday after the company released a cautious mid-quarter update, highlighting persistent uncertainty in the business environment. Shares of the Pune-based automotive IT firm declined as much as 5.11% on the BSE, hitting an intraday low of â‚ą1,319.70 despite an overall positive market trend. On the National Stock Exchange,…
Oswal Pumps shares opened on the stock exchanges with a marginal premium on Friday, June 20. On the National Stock Exchange (NSE), the stock opened at â‚ą 634—a gain of 3.26% over its issue price of â‚ą 614. On the Bombay Stock Exchange (BSE), it listed marginally lower at â‚ą 632, reflecting a 2.93% premium….
India’s equity indices witnessed a sharp decline on Thursday as market volatility surged. The Nifty50 dropped below the 25,000 mark, while the BSE Sensex plunged 700 points, reflecting investor caution amid global uncertainties. Market Performance at a GlanceNifty50: 24,928.15, down 213 points (-0.85%) BSE Sensex: 81,837.38, down 678 points (-0.82%) Key Drivers Behind the DeclineThe…
The Indian Renewable Energy Development Agency Ltd. (IREDA) has successfully raised â‚ą2,005.90 crore through a Qualified Institutions Placement (QIP), aimed at strengthening its green financing initiatives. The funds were raised by issuing 12.15 crore equity shares at â‚ą165.14 per share, which includes a premium of â‚ą155.14 over the â‚ą10 face value. The issue price represents…
Reliance Power shares jumped 15% on Friday, May 30, 2025, hitting a new 52-week high of â‚ą59.73 on the BSE. This was the second day in a row of gains, with the stock rising nearly 17% over two days. It’s already up about 30% this month and has more than doubled—rising 111%—in the past year….
Shares of drone companies like Zen Technologies and IdeaForge soared on Friday, hitting their upper circuit limits during intraday trading as tensions escalated between India and Pakistan. Zen Technologies Hits Upper Circuit Zen Technologies opened at â‚ą1295.15 on the BSE, a bit lower than its previous close of â‚ą1339.44. Despite the weak start, the stock…
India’s stock market witnessed a sharp downturn on Friday, April 25, with the benchmark Sensex plunging 1,075 points, or 1.35%, to an intraday low of 78,726. The Nifty 50 also fell sharply, dropping 368 points, or 1.5%, to hit 23,879 during intraday trade. Despite favorable cues from global markets, a broad-based sell-off across sectors pulled…
According to analysts, fresh buying and short-covering by foreign institutional investors (FIIs), driven by optimism about potential trade deals with the US, led to a sharp rally in the market on Thursday. The Sensex reclaimed the 78,000 mark, while the Nifty breached the 23,700 mark. Both Indian benchmark indices—the BSE Sensex and NSE Nifty 50—staged…
