The Indian market closed lower on Monday, with losses in IT stocks and renewed concerns over additional U.S. tariffs dragging on Nifty and Sensex, offsetting a stream of upbeat corporate updates that had bolstered expectations of stronger quarterly earnings. The BSE Sensex fell 322.39 points, or 0.38%, to close at 85,439.62, while the NSE Nifty…
The Indian market closed sharply higher on Friday, the second trading session of the new year, with the Nifty 50 notching a fresh record as a broad-based rally took hold. Strong corporate updates buoyed earnings expectations, lifting investor sentiment across sectors. The Nifty 50 climbed as much as 193.45 points during the session to an…
Foreign Institutional Investors’ (FIIs) have been net buyers of Indian equities in November so far, offloading shares worth Rs 3,788 crore, taking the total outflow tally to Rs 1,43,698 crore in 2025. In the week gone, FIIs selling was to the tune of Rs 188 crore this week amid bouts of buying activity. The Friday…
India’s heartbeat indices Nifty and the BSE Sensex ended negative on Tuesday recording their eighth successive loss led by selling pressure in consumer, realty and IT stocks though auto, banks and metals capped the declines. Trade remained lackluster, with the Nifty moving in a narrow 140-point range and the Sensex confined to 470 points. Nifty…
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…
September 4, 2025September 4, 2025 Stocks of cement giants such as ACC, Ambuja Cements, Shree Cement, and Ultratech Cement surged 3–4% on 4th September after the GST rate on cement was reduced to 18% from 28%. The GST rate cut on cement is expected to benefit the real estate…
Mumbai: UltraTech Cement will sell up to 6.49% stake in India Cements through an offer for sale, the company informed the stock exchanges on Wednesday. India Cements is an independently listed subsidiary of UltraTech Cement, in which it held 81.49% stake at the end of the June quarter. UltraTech Cement will sell up to 20.1…
The Indian market ended higher on Monday, buoyed by stronger-than-expected earnings from banking heavyweights HDFC Bank and ICICI Bank. However, gains were tempered by a decline in Reliance Industries, amid concerns over weakness in its oil-to-chemicals and retail businesses. The Sensex added 442.61 points, or 0.54%, to close at 82,200.34, while the NSE Nifty advanced…
Ultratech Cement is expected to report a 30% year-on-year (YoY) growth in profit after tax (PAT) for the first quarter of FY26, while revenue is projected to rise 18% YoY, according to the average of estimates from five brokerages. The anticipated growth is largely attributed to robust volume expansion from recent acquisitions, modest price hikes…
The Indian market ended lower on Wednesday, pressured by losses in IT and oil & gas stocks, along with a decline in heavyweight Reliance Industries. Market sentiment stayed cautious amid persistent uncertainty over U.S. tariff policies, as investors awaited clarity on a possible U.S.-India trade agreement. The BSE Sensex shed 176.43 points, or 0.21%, to…