A week ago, when the maiden flight of Akasa Air, the airline backed by Rakesh Jhunjhunwala took off Jhunjhunwala spoke about his new venture to the media. During his last interview, his poor health caught the attention of viewers. Though he was

Market closes higher; Sensex soars more than 130 points, Nifty50 levels out near 17,700, while metals shine. The major equity indices finished the tumultuous session on Friday with respectable gains. After touching the day's low of 17,597.85

Divi’s Laboratories, the second-most valued drugmaker in the country, saw its shares sink nearly 6% in mid-day trades after investors were not impressed by its financial performance for the three months ended June 30. The company that trails onl

Bharat Forge, an engineering company that makes components for several sectors including automobiles, oil and gas, aerospace, locomotives, marine, energy, construction and mining sectors, saw its share price shoot up over 7% and was among the top buz

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Domestic indices trade higher, Tata Steel surges over 2%. As the equity market resumed trading after a holiday in Japan, the Nikkei 225 index surged 2.5%, boosting shares across Asian markets. With a loss of 19 points, the SGX Nifty predicte

Domestic indices trade higher, powered by oil and energy stocks, after reversing early losses. According to data, US producer prices (PPI) surprisingly declined in July as the price of energy products fell. Investors processed signs of slowing

The Banknifty closed with a gain of nearly 1.5% on Thursday and it managed to close above the April major swing high. On the daily chart it has formed a bullish candle with a gap as a result it has negated the bearish implications of the prior tradin

The Indian stock market has made a sharp bounce-back after a deep correction over the last three months and pulled up further on Thursday that took the indices just 3-4% below their peak. Investors looking at charts and price and volume patterns h

Indraprastha Gas Ltd, a natural gas distribution company co-promoted by state-controlled oil and gas firms BPCL and GAIL, was among the buzzing stocks on Thursday and saw its share price rocket over 7% in a strong Mumbai market. So, what’s drivi

On Thursday, the key indices finished with substantial increases. Better-than-expected inflation data in the US eased growing investor concerns about hasty rate hikes, boosting investor optimism. The Nifty finished over the threshold of 17,650. Wh