Indian stock indices settled lower on Thursday, with analysts attributing the decline to profit booking following the recent uptick after the announcement of the India-US trade deal.
Mumbai (Maharashtra) [India], February 5: Presstonic Engineering Limited, an NSE-listed company engaged in the manufacturing of metro rail rolling stock products, metro rail signalling products, and infrastructure products, has announced a ₹26.98-crore Rights Issue as part of its plan to str
The Indian stock markets entered a consolidation phase on Thursday, with benchmark indices Nifty and Sensex opening almost flat, while IT stocks remained under pressure and silver prices witnessed a sharp fall.
Drugs Control Administration, Telangana, busted the unlicensed manufacturing and sale/distribution of medical devices at Bluesemi Research and Development Pvt. Ltd., Raidurg, Serilingampally, Ranga Reddy district. Stocks worth Rs 4 lakhs were seized during the raid, a Drug Control officia
The Ministry of Railways stated that the development of these new rolling stocks follows a "holistic approach that combines technological innovation and strategic planning." The manufacturing process involves developing prototypes, followed by extensive testing and trials before transitionin
Less than half of the IPO's listed during the last six years are trading below their issue price, and nearly 19% of them are at a loss of 25-50% from their IPO price, suggests data shared in a report by Axis Capital.
Emphasising the urgent need to deepen India's corporate bond market, National Stock Exchange (NSE) Managing Director and CEO Ashish Chauhan on Tuesday said that India's growth ambitions demand a strong, liquid debt market alongside its globally respected equity ecosystem.
Domestic stock markets witnessed a return of selling pressure on Wednesday morning as global cues turned weak following a fresh escalation in tensions in the Middle East and sharp selling in big technology stocks in the United States.
At the time of closing, Sensex was at 83,739.75, up by 2072 points or 2.5 per cent, while Nifty was at 25,727, up by 639 points or 2.5 per cent. In terms of sectors, all the major indices traded in the green.
With the India-US trade deal announced, foreign institutional investors (FIIs) are expected to make a comeback in the Indian stock markets, as trade-related uncertainties ease and positive signals emerge from the agreement.
India-US trade deal is expected to provide a significant boost to Indian equities, with foreign portfolio investor (FPI) equity outflows likely to reverse and several key sectors poised to benefit, noted a report by Antique Stock Broking.
Indian stock indices recovered on Monday, though not entirely, after the Budget day nosedive, partly due to value buying and weakening global crude oil prices.