Bajaj twins, IT shares drag Sensex 195 pts, Nifty near 22,350; TaMo up 3.6%

Stock market highlights on March 5, 2024: Tata Motors advanced 3.58 per cent, Bharti Airtel added 3 per cent, and SBI 1.6 per cent

2:30 PM

ALERT:: CareEdge ratings reaffirms rating on TGB Banquets; stock down 5%

CareEdge Ratings has reaffirmed credit rating on TGB Banquets long-term bank facility worth Rs 9.40 crore at 'CARE B+'; with stable outlook.

2:14 PM

Next big reform in Indian insurance will be indemnity cover for shipping

The Insurance Act will have to be amended to make room for an Indian protection and indemnity facility (P&I) for shipping companies in the country, an expert committee set up by the finance ministry has said. READ MORE

2:02 PM

Private Indian firms look to bet big on coal-fired power after long absence

The potential investments, which have not been previously reported, could cumulatively cost billions of dollars and demonstrate renewed appetite in an industry seen by many as financially unattractive. READ MORE

1:53 PM

CLSA downgrades TCS, HCLT; Nifty IT sheds 5% from 52-week high in February

The Nifty IT index was the leading sectoral loser in Tuesday's trade, down nearly 2 per cent at its intra-day low of 36,613. With this, the index has shed 5 per cent from its 52-week high of 38,560. READ MORE

1:39 PM

ALERT:: Sensex recovers over 450 pts from day's low

1:28 PM

Will Tata Motors drive out of Nifty, Sensex, MSCI, FTSE? What analysts say

In the past one year, shares of Tata Motors have been in top gear and have outperformed all stocks that comprise the Nifty Auto index with a rise of nearly 131 per cent during this period, shows data. READ MORE

1:13 PM

SpiceJet jump 4% on reaching settlement deal with Cross Ocean Partners

SpiceJet in an exchange filing on Tuesday said, the airline reached settlement terms with aircraft leasing firm, Cross Ocean Partners, resolving a dispute worth Rs 93 crore. READ MORE

1:00 PM

How should a 60-yr old invest Rs 30 lakh? Ideal options for senior citizens

For senior citizens in India, a combination of SCSS, PMVVY, POMIS, FDs, and carefully selected mutual funds can form a robust investment strategy. READ MORE

12:45 PM

SBI hits new high, up 31% in 6 weeks; market-cap nears Rs 7 trillion mark

Brokerages remain upbeat on the stock following strong show in Q3 earnings. READ MORE

12:32 PM

Infibeam Avenues gets RBI's nod for payment aggregator licence; stock soars 7%

The company said that after receiving the in-principle approval from the RBI to operate as a payment aggregator in October 2022, the company received the final authorisation on March 4. READ MORE

12:17 PM

Bitcoin hits two-year peak breaking over $68,000, gains 50% in 2024

There's definitely something of an irrational behaviour creeping into the market," said Kyle Rodda, senior markets analyst at Capital.com. READ MORE

 

12:04 PM

IIFL Finance breaks key support post RBI ban; chart hints more pain ahead

With Tuesday's 20 per cent fall, IIFL Finance was seen trading below its 20-Month Average for the first time after a gap of 3 years. Chart suggests bias to remain weak below this particular level. READ MORE

11:51 AM

Kalpataru Projects International to lay 800 kms gas pipeline for Aramco

The EPC work scope covers laying of over 800 kms of lateral gas pipeline, it said, adding that the value of the project will be confirmed upon contract execution. READ MORE

11:36 AM

Platinum Industries lists at 33% premium over issue price in strong debut

Post listing, Platinum Industries hit a high of Rs 237 and a low of Rs 219 in intra-day trade. At 10:14 am; it was trading at Rs 221.20, about 29 per cent higher over its issue price. READ MORE

11:24 AM

Tata Motors demerger: Stock can potentially rally another 27%; hints chart

The stock Tata Motors has so far rallied 32 per cent in 2024, and a solid 145 per cent in FY24. Charts suggest that the bias is likely to remain bullish as long as the stock trades above Rs 975. READ MORE