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LIC Shares Skyrocket by Almost 80% Over the Past Year
Shares of LIC quoted Rs 1,101 at a price that was last recorded at the counter on July 18, 2023, when the stock quoted Rs 620.
Indian Equity Markets Soar by Nearly 14% in June Quarter, Topping Global Rankings
This has made the Indian equity market the fifth largest in the world, with its market capitalisation touching $5 trillion.
GIFT Nifty Achieves Historic $95.5 Billion Monthly Turnover in June
NSE has said that this feat is a step in the direction of showing the growing interest and confidence of international investors in GIFT Nifty as an important benchmark of the economic-growth trajectory of India. It said it sincerely thanks all its partners for their continued strong support, attributing their contributions to the success of GIFT Nifty as a futures contract.
ICICI Bank Joins Elite Club with $100 Billion Market Cap Achievement
ICICI Bank's share ended at ₹ 1,204 apiece, a rise of 2.9 per cent due to strong interest from investors. Latest research by Motilal Oswal has stated, "ICICI Bank is well positioned for robust loan growth, with improving focus toward high-quality underwriting." Resilience in asset quality and normalization in credit costs have been expected by analysts in the case of the bank.
Modi 3.0 Propels Indian Stock Markets Toward Record Highs in Next Year, Predict Global Rating Agencies
The influx of global funds into the stock market is expected to accelerate in the near future. Additionally, the markets have become a favored choice for retail investors seeking investment opportunities.
Ixigo IPO Launches Monday with Share Price Range of Rs 83-93
The lot size for retail investors in this IPO is 161 shares. Hence, the minimum investment required to make in this IPO is an approximate value of Rs 14,973. Before the company launched its IPO, Le Travenues Technology Ltd. had raised Rs 333 crore from 23 anchor investors at an issue price of Rs 93 per share.
Sensex Surges 253 Points Following Strong Q4 Earnings Performance
Broad market indices, however, outshone the benchmarks. The Nifty Midcap 100 Index jumped 451 points or 0.88% to 51,604 points, while the Nifty Smallcap 100 Index gained 274 points or 1.65% to 16,870 points.
Arbitrator Orders Byju's to Hold Off on Selling 6% Stake in Aakash: Legal Twist Unfolds
Arbitration procedures were initiated by MEMG Family Office in March to safeguard its rights, based on the commitment made by Byju's when obtaining the loan.
Market Rebounds Strongly Following Initial Weak Start
During the early trading session, the 30-share BSE Sensex saw a decline of 243.07 points to 70,896.83, while the Nifty slipped 73.25 points to 21,448.85.
Piramal Enterprises to Offload Entire Stake in Shriram Investment, Valued at Rs 1,440 Crore
For the fiscal year ending March 31, 2023, Shriram Investment Holdings Private Limited (SIHPL) did not contribute to Piramal Enterprises' revenue.
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