Latest business news
PSU stock Oil and Natural Gas Corporation (ONGC) has witnessed a sharp rally this month, surging 10%, amid a rebound in the Indian stock market after five months of back-to-back losses. In today’s trade itself, ONGC share price surged as much as 5% amid reports that Saudi Aramco is in talks to invest in two…
IPO Watch: Pace Digitek Limited has filed its draft red herring prospectus (DRHP) with the capital market regulator, Securities and Exchange Board of India (SEBI), for an initial public offering (IPO) to raise ₹900 crore. Bengaluru-based Pace Digitek is a versatile solutions provider that focuses on the telecom passive infrastructure sector, including telecom tower infrastructure…
When Nobel Prize-winning physicists stumble in the stock market and legendary investors outsmart mathematical models, this tells you investing is more than just understanding numbers. At the Mint India Investment Summit & Awards 2025, Nimesh Chandan, chief investment officer of Bajaj Finserv Asset Management Ltd, unveiled the hidden battlefield where human psychology wages war against…
Multibagger Stock: Indian brokerage firm Anand Rathi Investment Services has picked Central Depository Services (India) Ltd. (CDSL) as its stock pick of the month for March 2025 and expects an upside of 16 per cent. Shares of the depository firm closed 2.72 per cent higher at ₹1,220 on the NSE index after Friday’s stock market…
Market sentiment seems to have turned bearish, as the rollover for Nifty futures in March has fallen below its three-month average. The rollover for the Nifty 50 in March fell to 76.09%, a drop from last month’s 83.57% and below the three-month average of 80.14%. The number of shares rolled over declined to 14 million,…
Expert view on markets: Sandeep Raina, Executive Vice President – WM Research at Nuvama Professional Clients Group, believes the worst may be behind us, and the Indian stock market is unlikely to correct significantly from here. In an interview with Mint, Raina said mega-cap BFSI (banking, financial services, and insurance) and commodities have the potential…
Short selling is a trading strategy where an investor borrows some stocks from a broker, betting that the price of the stock is going to decline in future, sells them at the current market value and buys them again at a lower price to make a profit. So, short sellers borrow shares from a broker,…
Stock market today: Benchmark indices Sensex and Nifty declined on March 28, weighed down by IT and auto stocks, as investor sentiment turned cautious ahead of the US reciprocal tariff announcement next week. Sensex dropped over 550 points from its intraday high, while Nifty slipped below the 23,500 mark. As of 13:16 IST, the Sensex…
Indian stock market: Overseas investors have reversed their bearish outlook on the Indian stock market in the second half of March 2025, remaining net buyers in seven out of the last nine sessions, causing frontline benchmark indices, Sensex and Nifty 50, to recover from their worst selling streaks in the last 30 years. They pumped…
Shares of penny stock North Eastern Carrying Corporation (NECC) surged over 15 percent in intra-day trade on Friday, March 28, after the company announced a significant logistics contract with Tata Steel Limited (TSL). The deal involves the transportation of steel products such as coils, sheets, and tubes from Tata Steel’s Sahibabad facility to various destinations…
