Indian stock indices surged for the second day. At the day's closing, the Sensex was up 1,131.31 points or 1.53 per cent at 75,301.26 points, and the Nifty was up 325.55 points or 1.45 per cent at 22,834.30 points.
New Delhi [India], March 17: DICC Institute, a renowned name in providing financial education in Delhi is excited to launch its Advanced Stock Market Training Course, designed and led by Mr. Nasir Mirza, a senior stock market expert with over 15 years of experience in stock market and handli
Among Nifty-listed companies, 38 stocks advanced while 12 saw declines. IndusInd Bank, SBI Life, Bajaj Finserv, Tata Motors, and Larsen & Toubro emerged as the top gainers, while Infosys, HCL Tech, Wipro, BPCL, and Britannia were among the worst performers in early trade.
The panic in the Indian equity markets is expected to continue despite low volatility in the past few months of trading, said Nuvama in its recent report.
Emirates Driving Company, listed on the Abu Dhabi Securities Exchange (ADX), has approved a 34 per cent cash dividend for the fiscal year 2024, totaling AED 183.16 million. Shareholders will receive 17 fils per share, yielding a 6.25 per cent return based on the closing price as of March 11,
US President Donald Trump has threatened to impose a 200 per cent tariff on champagne and other alcohol products from the European Union in response to EU tariffs on American whiskey and other goods. The move escalates trade tensions, impacting financial markets and fuelling recession fears.
Among Nifty companies, 18 stocks advanced, while 31 declined, and one remained unchanged. ONGC, BEL, Tata Steel, IndusInd Bank, and Power Grid emerged as the top gainers, while Sriram Finance, M&M, Bajaj Auto, Eicher Motors, and Adani Ports were the top losers in early trading.
Indian stock markets continue to follow the trends of previous session on Wednesday and ended flat in the volatile session, as investor's sentiment impacted by the concerns such as overvaluation, threats of tariff war, and currency depreciation.
Amid the stock market sell-off, the mutual fund industry in India had a tough February, with a decline of around Rs 3 lakh crore in overall assets under management (AUM).