The NSE’s benchmark Nifty 50 index will see a major reshuffle on Friday, 29 September, with the new composition effective from Monday, 30 September. Budget airline InterGlobe Aviation (IndiGo) and hospital chain Max Healthcare Institute are poised to enter the index, replacing Hero MotoCorp and IndusInd Bank. According to Nuvama Alternative & Quantitative Research, the…
Hero MotoCorp on Monday named Harshavardhan Chitale as its next Chief Executive Officer, effective January 5, 2026. The appointment was approved by the company’s board and announced in a stock exchange filing. Chitale will succeed Vikram Kasbekar, who has been serving as acting CEO since the resignation of Niranjan Gupta earlier this year. Kasbekar will…
Why Stock Market Is Rising Today: Indian stock markets rallying high at midday on Monday, August 18, supported by two major positives. First, Prime Minister Narendra Modi’s announcement of next-generation GST reforms expected by Diwali 2025. Second, S&P Global Ratings upgrading India’s sovereign credit rating from ‘BBB-’ to ‘BBB’ with a stable outlook. By 12:40 PM,…
Market Opening Bell: Indian benchmark indices opened in the red on Wednesday, tracking a cautious undertone in domestic markets despite supportive global cues. At open, the BSE Sensex fell 236.16 points or 0.29 per cent to 80,307.83, while the Nifty50 declined 77.75 points or 0.32 per cent, slipping below the 24,500-mark to 24,496.45. Market breadth was…