Indian market is expected to open higher on Wednesday tracking positive global cues. The Nifty50 closed flat on Tuesday with a positive bias. The volatility index India VIX has dipped by nearly 2% to close at 13.64 after trading in a narrow range of 14.19-13.57 on Tuesday. The Nifty50 closed flat in the previous trading … Read more
Indian market is expected to trade higher on Monday tracking positive global cues. The Nifty future closed negative with losses of 0.24% at 22538 levels on Thursday. India VIX was down by 4.77% from 14.30 to 13.61 levels. Positive setup was seen in stocks like Tata Chemicals, Tata Power, Tata Steel, OFSS, Glenmark, HAL, Tata … Read more
Mumbai: As Securities and Exchange Board of India raised concerns over froth in mid-cap and small-cap stocks amid continuous purchases from mutual funds, the market is keeping a close watch on the shares in these categories where mutual funds have increased their stakes in the past year. Among companies with market capitalisation of less than … Read more
HYDERABAD: Graphite electrodes manufacturer Graphite India Limited is acquiring 31% stake in Hyderabad-based EV battery and ESS solutions provider GODI India for a cash consideration of Rs 50 crore.Graphite India said it has entered into a definitive agreement to invest in compulsory convertible preference shares of GODI India Private Ltd, which will give it an … Read more
Indian market closed in the green for the sixth day in a row on Friday. The S&P BSE Sensex rose more than 300 points while the Nifty50 closed above 19800 levels. Sectorally, buying was seen in infra, realty, public sector, and oil & gas stocks while selling was seen in healthcare and FMCG space. Stocks … Read more