Latest business news
Banking and financial services major Goldman Sachs on Friday bought shares of state-owned Hindustan Aeronautics Ltd and Zomato worth ₹281 crore through open market transactions. Goldman Sachs through its affiliate — Goldman Sachs (Singapore) — purchased 3.85 lakh shares of Bengaluru-based Hindustan Aeronautics Ltd (HAL), as per the block deal data on the BSE. US-based…
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…
Indian stock market benchmark Nifty 50 is on track to end its longest monthly losing streak since its inception in 1996. The index rebounded over 6 per cent in March after five consecutive months of decline. Nifty 50 reached a new peak of 26,277.35 on September 27. Then, it hit a downward spiral, plunging 14…
Gold and Silver prices today: Gold is priced at ₹88,900 per 10 grams (24 carat) on March 28, according to data on the Indian Bullion Association (IBA) at 8.50 am. Further, 22 carat gold is priced at ₹81,492/10 gms. Gold prices have remained steady over the past 24 hours. On the MCX index, price of…
Stock Market today: The benchmark Nifty-50 index rebounded 0.45% on Thursday to end at 23,591.95. Bank Nifty gained 0.72% to 51,575.85 while most other sectors led by Realty and Oil & Gas stood among gainers. Auto and Pharma, nevertheless were some of the losers Trade Setup for Friday Having bounced from the lows, Nifty 50…
Buy or sell stocks: Domestic equity benchmarks Sensex and Nifty 50 settled higher in the previous session, driven by foreign capital inflows and strength in heavyweight stocks, amid the expiry of monthly derivates contracts. The NSE Nifty 50 rose 0.45 per cent to 23,591.95, while the 30-share BSE Sensex traded 0.41 per cent higher at…
Block deal on March 25: Goldman Sachs on Tuesday bought shares of auto components major Samvardhana Motherson International for ₹87 crore through an open market transaction. American multinational Goldman Sachs through its arm — Goldman Sachs (Singapore) Pte — purchased 65.48 lakh shares of Samvardhana Motherson International, as per the block deal data on the…
Stock market today: Indian markets continued their stellar run for the sixth consecutive trading session on Monday, March 24, with Nifty 50 and Sensex surging another 1% each at the day’s highs, building on last week’s strong momentum. Positive domestic macroeconomic factors and easing concerns over valuations, especially in large-cap stocks, have brought optimism to…
Buy or sell stocks: The Indian stock market ended higher in all trade sessions last week, which enabled the Nifty 50 and the BSE Sensex to register their biggest weekly gain in the previous four years. The Nifty 50 index went up from 22,397 to 23,350 levels, recording 953 points or 4.25% weekly gain. The…
Buy or sell stocks: The Indian stock market ended higher in all trade sessions last week, which enabled the Nifty 50 and the BSE Sensex to register their biggest weekly gain in the previous four years. The Nifty 50 index went up from 22,397 to 23,350 levels, recording 953 points or 4.25% weekly gain. The…
