Tata Steel Q3 update: Crude steel production stood at 5.32 million tons, up 6%
Tata Steel, on Friday, reported its Crude steel production at 5.32 million tons, up 6% for the quarter ended December 2023. (More to come) Milestone…
Finance
Kotak increases target price of SBI; downgrades Canara, Union and PNB – here’s why
Brokerage firm Kotak Institutional Equities, in its latest report, has raised the target price of State Bank of India (SBI) to ₹760, while maintaining the…
Nomura predicts 12% increase in Nifty this year; what will drive the rally?
The baseline scenario incorporates the expectation of sustained disinflation and a decline in yields, a moderate global economic growth deceleration, favorable oil and commodity prices,…
Titan Q3 update: Tata Group’s jewellery and watch company records 22% revenue growth, sales grow by 21%
Tata Group’s jewellery and watch making company Titan, on January 5, announced 22 percent year-on-year (YoY) growth in revenue for the quarter ended December 30,…
Sebi tightens short selling rules
Markets regulator the Securities and Exchange Board of India (Sebi) on Friday modified the rules for short selling of securities in India. In a circular…
SEBI permits short-selling across all categories, F&O stocks also eligible
The Securities Exchange Board of India (SEBI), on Friday, announced that investors across all categories will now be allowed for short-selling, however, denies permission for…
MobiKwik IPO: 7 crucial things to know from DRHP
MobiKwik IPO with a face value of ₹2, is an entirely fresh equity share issue without an offer for sale component. Also Read: Mobikwik files…
Suzlon Energy shares surge 4% on Everrenew Energy contract, rise 130% in last six months
Suzlon Energy witnessed a surge of over 4.4 percent on January 5 to ₹40.60 per share on NSE, propelled by the company securing a new…
Marico Q3 Update: Domestic volumes see low single-digit growth amid weak rural demand; details here
Marico, one of India’s leading consumer products companies in the global beauty and wellness space, released its Q3 FY24 (third-quarter) business update today. The company’s…
Top Gainers and Losers today on 5 January, 2024: Adani Ports & Special Economic Zone, Tata Consultancy Services, NESTLE INDIA ORD, Britannia Industries among most active stocks; Check full list here
In terms of performance, the Nifty Midcap 50 closed 0.05% higher, underperforming the Nifty 50. On the other hand, small cap stocks outperformed the Nifty…