Stock Market LIVE updates: Sensex up 200 pts, Nifty tests 23,600; RIL, HUL lead | News on Markets
2:29 PM
ixigo IPO may put spotlight on Easy Trip, Yatra; Are they worth your money?
Shares of ixigo-parent Le Travenues, an online ticket booking platform and travel agency, turned heads with a sharp run-up since their listing. The online travel agency (OTA) Le Travenues soared 78 per cent on the stock market debut day (June 18), surging 99 per cent in two days over its issue price. READ MORE
2:19 PM
Why does the rise of Nvidia and AI remind people of the dot-com boom?
Chipmaker Nvidia surpassed Microsoft to become the world’s most valuable company amid the AI boom. Are there parallels with the dot-com boom and bust? READ MORE
2:11 PM
Tata Comm secures $250 mn loan from ANZ, EDC, DBS Bank; stock jumps 3%
On Thursday, shares of Tata Communications surged by 2.62 per cent at Rs 1,879.90 a piece intraday on the BSE. This came after the company secured a five-year $250 million sustainability-linked loan (SLL) from ANZ, DBS Bank and Export Development Canada (EDC). READ MORE
1:51 PM
Vedanta jumps 7% after board approves Rs 1,000-cr fund raise via NCDs
The rise in stock came after the board approved fundraising worth Rs 1,000 crore via non-convertible debentures (NCDs) on a private pavement basis. READ MORE
12:56 PM
MapmyIndia freezes at 20%, hits record high on heavy volumes
Average trading volumes on the counter jumped multi-fold with a combined 3.64 million shares, representing 6.72 per cent of total equity of MapmyIndia, changing hands on the NSE and BSE. READ MORE
12:31 PM
ALERT :: Goa Carbon launches its first branded product ‘gcarb+’
>> The product comes with guaranteed specifications, including low sulphur content, significantly reducing harmful emissions and supporting environmental sustainability. “gcarb+” is a highperformance carbon raiser/additive, meeting the specific requirements of the primary and secondary steel manufacturers and foundry industries.
12:16 PM
5 private bank stocks for your portfolio; Check trading strategy here
Shares of private banks are on investor’s radar following the aggressive buying seen in trades on Wednesday. The Bank Nifty hit a record high of 51,957 led by strong gains in heavyweights HDFC Bank, ICICI Bank among others yesterday. READ MORE
11:59 AM
Sun Pharma stock falls:Shares of India’s largest domestic drug maker Sun Pharmaceuticals slipped as much as 1.90 per cent to hit an intraday low of Rs 1,475.55 per share on Thursday.
The fall came after the company announced that it has received a warning letter from United States Food and Drug Administration (USFDA) for current Good Manufacturing Practice (cGMP) violations at its Dadra facility. Read more
USFDA issues warning letter to Sun Pharma’s Dadra unit; stock slips 2%
Sun Pharma stock falls:Shares of India’s largest domestic drug maker Sun Pharmaceuticals slipped as much as 1.90 per cent to hit an intraday low of Rs 1,475.55 per share on Thursday.
The fall came after the company announced that it has received a warning letter from United States Food and Drug Administration (USFDA) for current Good Manufacturing Practice (cGMP) violations at its Dadra facility. Read more
11:49 AM
On Thursday, shares of Tanfac Industries, an Indian speciality fluoride chemical manufacturer soared by 13.1 per cent at Rs 2,399 a piece intraday on the BSE. This came after the company signed an agreement with a Japanese specialty chemical firm.
The company revealed in an exchange filing that a leading Japanese specialty chemical company will supply refrigerant gas to it over the next 5 years. This the company said, could generate revenues worth Rs 675 crore, with the supply of the product scheduled to start from the second half of fiscal year 2025-26. Read more
Tanfac Industries shares rally 13% on pact with Japanese chemical firm
On Thursday, shares of Tanfac Industries, an Indian speciality fluoride chemical manufacturer soared by 13.1 per cent at Rs 2,399 a piece intraday on the BSE. This came after the company signed an agreement with a Japanese specialty chemical firm.
The company revealed in an exchange filing that a leading Japanese specialty chemical company will supply refrigerant gas to it over the next 5 years. This the company said, could generate revenues worth Rs 675 crore, with the supply of the product scheduled to start from the second half of fiscal year 2025-26. Read more
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