Marico Limited has entered into a definitive agreement to acquire the remaining 46.02 per cent stake in HW Wellness Solutions Private Limited, the company that owns the digital-first health food brand ‘True Elements’. The development was disclosed by the company in a regulatory filing to the BSE and NSE on Thursday. Balance stake acquisition According…
OFSS Shares Today: Shares of Oracle Financial Services Software Ltd (OFSS) jumped over 7 per cent in early trade on Wednesday, after parent company Oracle Corporation (NYSE: ORCL) issued an ambitious forecast for its cloud business, pushing its U.S.-listed shares to an all-time high. At 10:00 am, OFSS was trading up 7.2 per cent on…
Stock Market Opening Bell: Indian stock markets opened higher today, supported by strong buying in key stocks including JSW Steel, Tata Steel, Tata Motors, M&M, Wipro, Adani Enterprises, and Eicher Motors. The benchmark BSE Sensex was trading at 80,926, up 216 points or 0.27 per cent, while the Nifty 50 index stood at 24,802, rising 61…
Investors who applied for shares in Vikran Engineering Ltd’s initial public offering won’t have to wait much longer. The company is expected to finalise allotments on September 1, following a strong response to its Rs 772-crore IPO. The three-day offering, which closed on August 29, saw solid interest from all categories of investors, and the…
The National Stock Exchange (NSE) has revised the quantity freeze limit for Bank Nifty derivatives contracts, increasing it from 600 to 900, effective September 1. According to the updated framework, freeze limits for other key indices—Nifty (1,800), Finnifty (1,800), Nifty Midcap Select (2,800), and Nifty Next 50 (600)—remain unchanged. NSE has advised its members to…
Stock exchanges often announce special trading sessions on public holidays or weekly days off (Saturday and Sunday) from time to time. This happens for several reasons. In this article, let’s look at some of these reasons. There are four main reasons why exchanges — like BSE and NSE — conduct special trading sessions at times….