Mumbai (Maharashtra) [India], February 12: The National Stock Exchange (NSE) has approved the Draft Red Herring Prospectus of B D Security Limited for its IPO. The company is going public through an IPO to meet its working capital requirements and for general corporate purposes. The company
Jammu and Kashmir Chief Minister Omar Abdullah arrived at the scene of the fire incident in the main market of Sonamarg in Ganderbal district of the Union Territory on Tuesday, to take stock of the situation firsthand.
Mumbai (Maharashtra) [India], February 11: Kotak Securities Ltd (KSL), full-service stock broking firm, has been recently recognized with the prestigious Great Place to Work® Certification™ by the Great Place to Work® Institute India for its retail entity. This recognition hi
Pune (Maharashtra) [India], February 11: When it comes to investing, a common tendency is to follow the herd - invest in stocks that are gaining in popularity or selling those that are out of favour. However, better opportunities can often be found by going against the tide and spotting or l
The benchmark Nifty 50 index was trading with a marginal decline of 42 points at 23,338.70, while the BSE Sensex slipped by 114 points to 77,196.86 at the time of reporting.
Market breadth was weak, with only 11 Nifty companies advancing, while 39 declined. Kotak Bank, Bharti Airtel, Britannia, Tata Consumer Products, and HCL Tech emerged as the top gainers, while Trent, Power Grid, Tata Steel, Titan, and ONGC were the worst performers of the session.
Foreign institutional investors (FIIs) continue to hold approximately USD 800 billion worth of Indian equities, but their ongoing selling remains a risk for the stock market, according to a report by BNP Paribas Exane, a European equity research firm.
The BSE Sensex declined by 197.97 points, closing at 77,860.19, while the NSE Nifty lost 43.40 points, ending the session at 23,559.95. Out of the Nifty 50 stocks, 28 advanced while 23 declined.