Domestic equity benchmarks Nifty 50 and Sensex have halted a two-day losing streak on Monday, August 4, amid strong buying interest in IT stocks. Index heavyweights TCS and Infosys are the biggest contributors to the gains in both main gauges. Nifty50 and Sensex halted a two-day losing streak on Monday amid gains in IT and…
Stock market rally today: After a cautious start to the week, markets managed to gather pace by Monday afternoon. The Sensex was up over 430 points, trading just above the 81,000 mark, while the Nifty held firm around 24,722, up more than 150 points as of 2:30 PM. Much of the action came from heavyweights like…
Shares of logistics firm Delhivery Ltd jumped sharply in early trade on Friday, rising nearly 5 per cent to touch a new 52-week high of Rs 452.55, after the company reported solid results for the April–June quarter. The move comes as investors welcomed both a better-than-expected profit print and news that Delhivery has formally closed…
LIC Housing Finance shares today: Shares of LIC Housing Finance Ltd edged higher on Monday morning. The stock was trading at Rs 583.80, up Rs 13.55 or 2.38 per cent, as of 9:58 AM. The company reported a mixed set of numbers for the April–June quarter. While headline profit and revenues showed moderate year-on-year growth,…
Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, with a total outflow of Rs -17,741 crore, according to data released by NSDL. This marks the first month of negative investment by FPIs after three consecutive months of positive inflows during April, May, and June. The sharp reversal in sentiment…
The financial frauds in Indian capital markets have ranged from simple diversion of shareholder funds to the use of complex structures and transactions to bypass regulatory safeguards, Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey said on Friday. Addressing the Future Proof Forensics 2025 event held in Mumbai, the SEBI chief highlighted…