Four public sector undertakings today witnessed fresh 52-week high in trade as BSE Sensex ended the day with marginal surge of 31.68 to 72,271 and Nifty50 gained 10 points to 21,741 on Monday. These PSU stocks are NHPC Ltd, GAIL, Bank of Baroda, and Hindustan Aeronautics. Check details below: 1. NHPC Ltd: Last trading price of…
Stock Market News: Shares of One Point One Solutions jumped over 11 per cent on Monday i.e. January 1. The counter opened at Rs 50.40 and went on to hit an intraday high of Rs 56.50. This is a surge of 11.33 per cent from the previous close of 50.75. The surge in price comes after…
JK Tyre and Industries, a prominent tyre manufacturer in India, has finished its fundraising objective, securing Rs 500 crore through a Qualified Institutional Placement (QIP). The QIP, priced at Rs 345 per share, witnessed a good participation from marquee investors, including Indian mutual funds, insurance companies and foreign institutional investors. Raghupati Singhania, Chairman and…
Khalistani separatist and Sikhs for Justice (SFJ) founder Gurpatwant Singh Pannun has called his followers to target India’s stock market, especially the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), on the anniversary of the 1993 Mumbai blasts. In March 1993, a car bomb exploded in the basement of the BSE building as part…
Petrol, Diesel Sales: The preliminary data of state-owned firms on Monday showed that the sale of petrol and diesel in India slumped in December as the setting in of winter tapered the demand for fuel. Petrol sales of the three state-owned firms, which control 90 per cent of the fuel market, fell 1.4 per cent to…
British Prime Minister Rishi Sunak on Monday said that from today, the majority of foreign university students cannot bring family members to the UK. “In 2024, we’re already delivering for the British people,” he said while sharing a post from the Home Office. The Home Office said that it was fully committed…
The country’s power consumption dipped 2.3% to 119.07 Billion Units (BU) in December, marking its first monthly decline in eight months due to lower demand for heating equipment, especially in the north, on account of mild winter, according to government data. Earlier in April 2023, power consumption had dipped nearly 1.5% to 130.08 BU…
Leading cement maker UltraTech’s consolidated sales rose by 6% to 27.32 million tonnes year-on-year in the third quarter ended Dec. 31, 2023. The total sales volume in the domestic market was up 5% to 26.06 MT during the quarter under review, the Aditya Birla Group firm said in a regulatory filing. The company’s grey cement…
The world sees a huge potential in India to challenge China’s dominance in the supply chain, Anand Mahindra said on Monday. Mahindra took to microblogging site X to wish New Year to all his followers. Mahindra while penning a long wish on the first day of 2024 talked about challenges faced by the Indian economy…
The Reserve Bank of India (RBI) on Monday said Rs 2,000 banknotes continue to be legal tender and that 97.38% of the withdrawn notes have returned to the system. RBI said that as on December 29, 2023, Rs 2,000 notes worth Rs 9,330 crore are still in circulation as against Rs 3.56 lakh crore…