The benchmark equity indices closed week’s last trading session in the negative territory. The NSE Nifty 50 dipped 33.40 points or 0.17% to settle at 19,731.80, while the BSE Sensex dropped 187.75 points or 0.28% to 65,794.73.Bank Nifty index dropped 577.60 points or 1.31% to settle at 43,583.95. The broader indices ended largely in mixed, [&hellip
Jefferies maintains ‘Buy’ rating for Coforge, sees 14% upside amidst uncertain sector outlook
Jefferies has maintained a ‘buy’ rating for Coforge, with a revised target price of Rs 6,580 from the earlier Rs 5,250, indicating an impressive upside of 14%. In the recent report, Jefferies highlighted challenging macroeconomic conditions and furloughs lasting longer than usual in the third quarter due to shorter notices. Coforge’s management ant
Closing Bell: Muhurat Trade kickstarts Samvat 2080 on a firm note; Markets end strong, Nifty above 19,500 and Sensex closes with over 350 points gain, Nifty Small-cap Index hits new 52-week high
Diwali Muhurat trading Highlights: The benchmark equity indices NSE Nifty 50 and BSE Sensex closed with gains during the Muhurat trading session on the auspicious occasion of Diwali 2023. The NSE Nifty 50 gained 100.20 points or 0.52% to settle at 19,525.55, while the BSE Sensex added as much as 354.77 points to 65,259.45. The […]
Bank, NBFC shares fall after RBI tighten norms on personal loans
Shares of bank and NBFC firms tumbled up to 7 per cent in morning trade on Friday due to heavy selling pressure after the Reserve Bank tightened norms for consumer credit. State Bank of India shares fell 3.34 per cent, Axis Bank declined by 3 per cent, Canara Bank went lower by 2.67 per cent, […]
Toyota Motor Co stops some SE Asia exports on Daihatsu scandal
Toyota Motor Co. halted shipments of six car models in some Southeast Asian countries as its subsidiary Daihatsu Motor Co. faces a widening safety scandal, theYomiuri reportedwithout citing sources. The models affected are those that Daihatsu had a part in developing, and include Veloz and Avanza, according to the newspaper. Shipments in Thailand,
Closing Bell: Markets end higher; top gainers on November 30 include Ultra Tech Cement, HDFC Life Insurance, Eicher Motors, gained whereas Banking and Metal stocks among key losers
The benchmark equity indices ended Thursday’s trading session in the positive territory. The NSE Nifty 50 jumped 36.55 points or 0.18% to settle at 21,133.15, while the BSE Sensex jumped 86.53 points or 0.13% to 66,988.44. Bank Nifty index falls 84.70 points or 0.19% to settle at 44,481.75. The broader indices ended in positive territory, […