Indian Market News

CLSA, a prominent brokerage firm, has downgraded its rating for Wipro Ltd., a leading technology services provider, from "outperform" to "hold" just six months after issuing a "double upgrade" for the stock. The downgrade comes despite the brokerage

The Baroda BNP Paribas Energy Opportunities Fund's thematic energy equity scheme aims to deliver long-term capital appreciation by investing in companies engaged in energy-related activities. This includes exploration, production, transportation, and

Shares of Avenue Supermarts Ltd. surged by 15% during morning trading on January 3, following the release of its business update for the October-December quarter of FY2024-25. The DMart operator reported standalone revenue from operations at ₹15

RITES Limited, a leading transport infrastructure consultancy and engineering company, saw its share price rise by 2.12% on January 3, 2025, following a major order win from the Steel Authority of India Limited (SAIL). The shares were trading at ₹2

Dynamatic Technologies, a leading manufacturer of hydraulic gear pumps and automotive turbochargers, has emerged as a prominent wealth generator on Dalal Street. Over the past two years, the company’s shares have surged from ₹2,428 to ₹8,502, d

The Microfinance Industry Network (MFIN), a self-regulatory organization for the microfinance sector, has announced the postponement of its plan to cap the number of lenders per borrower. Initially scheduled for an earlier implementation, the cap wil

Mercury Ev-Tech shares witnessed a notable surge of over 5% on January 2, 2025, hitting the upper circuit at ₹99.26 during Thursday's trading session. This rally comes in the wake of the company’s announcement regarding a strategic acquisition of

RailTel Corporation of India, a leading telecommunications infrastructure provider, witnessed a 2% increase in its share price during early trading hours on January 2. The surge followed the announcement of a significant work order from Bharat Coking

The Securities and Exchange Board of India (SEBI) has introduced a new compliance framework for listed companies, incorporating an integrated filing system for governance and financial disclosures. This framework is set to become effective for filing

Benchmark indices Nifty and Sensex continued their upward momentum for a second consecutive day on January 2, driven by gains in the auto, IT, and banking sectors. However, metal and real estate stocks began the session on a weaker note. As of 11

Nilesh Shah, Managing Director of Kotak Mahindra AMC, emphasized in an interview with Moneycontrol that 2025 presents several challenges that could hinder economic growth. He pointed to global issues such as heightened geopolitical tensions, the seco

Investors in select schemes of the former Reliance Mutual Fund, now rebranded as Nippon Life India Mutual Fund, reportedly faced collective losses amounting to nearly ₹1,830 crore due to the fund’s decision to invest in Yes Bank’s Additional Ti