Nifty settled at 22,819.60, falling by 486.85 points or 2.09% while the BSE Sensex closed at 73,583.22 on Friday, declining 1,690.23 points or 2.25% amid high volatility as markets were mainly dragged by financials, auto and consumer stocks. Indian frontline indices ended their two-session rally amid sharp cuts as a failure in the Iran-US negotiations…
State-run power major NTPC reported an over 8% growth in its consolidated net profit in the December-ended quarter to Rs 5,489 crore versus Rs 5,063 crore in the year ago period. The profit is attributable to the owners of the parent company. The company’s revenue from operations in Q3FY26 stood at Rs 45,846 crore versus…
Stock market is gearing up for an eventful week ahead where key triggers such as quarterly earnings from corporates, the US Fed interest rate decision and the upcoming Union Budget for 2026-27 would grab the limelight, analysts said. Equity markets would be closed on Monday for Republic Day. Moreover, trading activity of foreign investors, rupee-dollar…
September 26, 2025September 26, 2025 Shares of RITES Ltd surged 2% to a day’s high of Rs 270 on 26th September, after the company received a letter of award on 25th September from Talis Logistics, South Africa, for the supply and commissioning of overhauled in-service,…
The Indian market ended higher on Thursday after the government trimmed levies on a range of goods in a Goods and Services Tax (GST) overhaul aimed at spurring consumption ahead of the festive season and offsetting pressure from steep U.S. tariffs. The NSE Nifty advanced 19.25 points, or 0.08%, to finish at 24,734.30, while the…
Fitch Ratings has upgraded JSW Infrastructure‘s credit rating to ‘BBB-’ from ‘BB+’ and assigned its outlook as stable, marking a significant milestone in the company’s investment grade category. Affirming the ratings, Fitch said it expects that JSW Infra’s leverage, measured by gross debt/EBITDA, will remain below 3.5x (financial year ending March 2025 (FY25): 2.1x) over…
Indian benchmark indices Sensex and Nifty extended their winning streak to a fifth session Wednesday, lifted by IT shares, as investors looked ahead to the US Federal Reserve’s Jackson Hole symposium later this week. The S&P BSE Sensex advanced 213.45 points, or 0.26%, to 81,857.84, while the NSE Nifty 50 gained 69.90 points, or 0.28%,…
NTPC shares will be in focus on Tuesday ahead of the company’s board meeting on June 21, where it will consider raising up to Rs 18,000 crore through the issuance of bonds. The proposed fundraising would be carried out through secured or unsecured, taxable or tax-free, redeemable, non-convertible debentures (NCDs), subject to shareholder approval. This…
NTPC reported a 22% year-on-year growth in its Q4FY25 consolidated net profit at Rs 7,897 crore versus Rs 6,490 crore in the year ago period. The company’s revenue from operations was up by 3.2% at Rs 49,834 crore over Rs 47,628 crore reported in the corresponding quarter of the last financial year. The state-run company…
State-owned NTPC on Tuesday said it has paid an additional Rs 2,424 crore of interim dividend to its shareholders in the financial year ending March 2025. This is in addition to the first interim dividend of Rs 2,424 crore paid in November 2024, NTPC said in a statement. The Rs 2,424 crore dividend paid on…