Markets

What if Adani's FPO fails? No plans to reduce price, may postpone expansion plan, says CFO

Of the total that the company is raising through the FPO, nearly ₹11,000 crore will be invested in businesses such as green hydrogen, airports and roads

Jan 30, 2023

Hindenburg Report Impact: Adani shares plunge by 20%, Sensex down by 700 points

As per the Bloomberg Billionaires Index, Gautam Adani lost about $6 billion (₹48,600 crore), down nearly 5%, a day after Hindenburg report was released

Jan 27, 2023

Hidenburg report on Adani Group: "No small matter", Congress demands probe by SEBI

Congress on Friday said financial instability will affect India's stature abroad, and demanded an investigation by Sebi on the Hidenburg report on Adani group

Jan 27, 2023

What's Hindenburg Research report? Adani Group reacts strongly, says 'evaluating punitive' action

The report and its unsubstantiated contents were designed to have a deleterious effect on the share values of Adani Group companies as Hindenburg Research, said Adani group

Jan 26, 2023

Benchmark indices fall over 1%; Sensex slides more than 600 points, Nifty falls below 17950

So far in the trading session, Sensex sank more than 600 points or 1.05% to trade at 60,338 points, while Nifty lost nearly 200 points or 1.07% to trade at 17,925 points and Nifty Bank wiped out more than 900 points or 2.19% to trade below 42,000 mark.

Jan 25, 2023

Stock market extends gains; Sensex is up 120 points, Nifty trades close to 18150

As of 1:15 PM, frontline indices are trading close to the previous close. Sensex is trading at 61,022 points, up 80 points or 0.13%, whereas Nifty is up merely 12 points or 0.05% to trade at 18,130 points. However, Nifty Bank turned red intra-day as it lost almost 50 points or 0.13% to trade at 42,766 points

Jan 24, 2023

Stock market opened on upbeat note; Sensex adds 200 points, Nifty trades below 18,100

As of 1:15 PM, Sensex is trading up more than 200 points or 0.33% to 60,820 points; meanwhile, Nifty is up almost 50 points or 0.3% to trade at 18,080 points and Nifty Bank is trading up more than 200 points or 0.56% to trade above 42,700 level

Jan 23, 2023

Only twice in 30 years, the market's been up both pre and post Budget [details]

History suggests that the Union Budget's influence on short-term market performance is declining, foreign brokerage, Morgan Stanley said in a report.

Jan 22, 2023

Stock market opened flat; Sensex, Nifty witness choppy trading amid mixed global cues

As of 1:55 PM, Sensex is trading with marginal losses at 60,793 points, down 64 points or 0.11%, while Nifty is trading flat at 18,081 points and Nifty Bank is up nearly 300 points or 0.66% to trade near the 42,600 mark.

Jan 20, 2023

Equity market opened in red amid recession fears; Sensex slipped 150 points, Nifty hovers below 18,150

As of 1:15 PM, Sensex is trading down about 130 points or 0.2% to 60,919 points, while Nifty is trading at 18,126 points, down almost 40 points or 0.2% and Nifty Bank is down 150 points or 0.35% to trade near 42,300 level

Jan 19, 2023

Stock market maintains upward momentum; Sensex adds 400 points, Nifty trades above 18,150

As of 1:10 PM, Sensex is trading up almost 400 points or 0.64% to 61,045 points, whereas Nifty-50 is trading at 18,161 points, up 108 points or 0.6% and Nifty bank is up 165 points or 0.4% to trade near 42,400 mark

Jan 18, 2023

Stock market opened in green, momentum remains muted; Sensex rises 200 points, Nifty hovers around 17,950

As of 1:25 PM, Sensex is up almost 250 points or 0.41% to 60,341 points, while Nifty has gained 60 points to trade near the 17,950 mark and Bank Nifty is trading down more than 200 points or 0.5% to 41,953 points

Jan 17, 2023

Stock market erases early morning gains, Sensex falls 100 points, Nifty slips below 17,900

As of 1:00 PM, Sensex is trading at 60,077 points, down 180 points or 0.3%, while Nifty-50 is trading down 70 points or 0.4% to 17,886 points and Nifty Bank is trading down 178 points or 0.4% to 42,198 points after touching the day's high of 42,715 points

Jan 16, 2023

Domestic equity market recoups losses; Inflation in India and US drops for the second month

As of 1:25 PM, Sensex is trading at 60,295 points, up 337 points or 0.56%, while Nifty is trading close to 18,000 mark at 17,966 points and Nifty Bank is trading well above the 42,000 mark at 42,370 points. All three major indices turned green intra-day and recouped losses

Jan 13, 2023

Sensex slips below 60,000, Nifty hovers around 17,850; investors await inflation data from US and India

As of 1:00 PM, Sensex dropped 207 points or 0.35% to 59,897 points, whereas Nifty is trading down 60 points or 0.35% to 17,837 points and Nifty Bank lost 225 points or 0.5% to 42,007 points

Jan 12, 2023

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