Stock Market Today

The decline comes a day after Wall Street witnessed a broad-based rally on Trump's pause on reciprocal tariffs.

CSB Bank: Gold glitter for this south-based bank | Stock of The Day

CSB Bank is a small sized bank with business concentrated in Kerala (~35% branches) with remaining spread mainly across Tamil Nadu, Andhra, Karnataka, and Maharashtra. CSB Bank has staged a good comeback post capital infusion and change in the ownership with Fairfax becoming single largest shareholder in 2018. Backed by the strong parentage of Farifax group, more than adequate capital, relatively better asset quality and growth in gold loan portfolio, CSB bank delivered return on asset (ROA) around 1.8% and return on equity (ROE) of 17% in FY24.CSB bank has articulated its long-term vision as per which by FY 2030, bank’s loan portfolio will be well diversified with 20% in gold loans, 30% retail, 20% SME and 30% wholesale and other businesses. The bank plans to maintain over 45% of its advances in gold loan product over the near-to-medium term, and hence, most of benefits of gold loans will continue.

Borosil Renewables, LIC, Religare Enterprises among the top gainers and losers in trade on Dec 10

The Sensex and Nifty wavered in a narrow range for most of the December 10 trading session as caution prevailed ahead of the upcoming US and India CPI data due this week. However, the markets settled flat after slipping into the red later in the day, with energy and telecom stocks dragging indices lower. Here’s a look at the top gainers and losers in trade today.

Trump's policies, Q3 earnings may determine FIIs' return to Indian markets, say experts

High valuations of equities along with foreign investors fleeing the domestic market and weak Q2 earnings have contributed to the sharp fall in the benchmark indices.

Stocks on Radar | TCS, Britannia Industries, PNC Infratech in focus

Let’s dive into the latest stock market updates. From noteworthy investments to key deals, fundraising activities, and executive appointments, here’s a quick overview of the stocks to watch in today’s trading session!

Stock of the Day| Krsnaa Diagnostics — is it a good time to invest in this counter?

Krsnaa Diagnostics Ltd, which follows the public private partnership model, offers a range of services such as imaging/radiology, pathology and teleradiology. It has an extensive network of labs across non-metro and Tier 2 and 3 towns to cater to the healthcare needs of the underserved regions of the country

Shoppers Stop shares rise nearly 5% after tie up with Hollywood makeup brand Max Factor

Max Factor plans to expand its presence in India to 70 Shoppers Stop outlets by the end of the year.

Vodafone Idea stocks rises 2% as govt says no immediate plan to sell stake in telco

The government is also evaluating the request for a potential waiver of bank guarantees on upcoming regulatory dues of Rs 24,747 crore, sources told Moneycontrol

Debock Industries shares hit 52-week low over SEBI crackdown for ‘defrauding investors’

The company appeared to have inflated its FY22 sales by approximately 72 percent and FY23's sales by around 77 percent, and inflated its purchases by around 94 percent in both the financial years, stated the SEBI order

ONGC shares rise nearly 3% after firm begins 5th well in KG field

The uptrend was seen after four days of consecutive fall in the PSU stock

BHEL stock gains over 2% as PSU bags major orders from Adani Power worth over Rs 11,000 crore

PSU BHEL received supercritical power orders worth more than Rs 11,000 crore from Adani Power and its subsidiary.

Govt to dilute 10% stake in PSU IREDA? CMD Pradip Kumar speaks to CNBC Awaaz ahead of fundraise meet next week

It is considering fundraise through Qualified Institutional Placement (QIP), right issue or other means. A board meeting in this regard will be held on Thursday, August 29, to take up the proposal for approval.

CDSL stock skyrockets 8% on ex-date for bonus shares

The company announced the bonus shares in the ratio 1:1

Awfis stock zooms 15% on expansion plans; share price more than doubles since May listing

Ace investor Ashish Kacholia holds over 33 lakh shares of the company with a holding value of over Rs 283 crore until June 30 data.

Eris Lifesciences sees 7.2% equity change hands in Rs 1187 crore block deal

About 98.9 lakh shares or 7.27 percent equity changed hands in an early trade block deal on Thursday, August 22.

IREDA board to consider fundraise of up to Rs 4,500 crore on August 29

The company informed the exchanges that a board meeting will be held on Thursday, August 29 to consider the proposal for the same.

Optiemus Infracom shares rise nearly 7% after announcing foray into telecom equipment manufacturing

Optiemus Infracom has delivered multibagger returns to the shareholders in the last 365 days, rising 111.71 percent on the BSE.

IRFC shares trade flat ahead of record date for final dividend for FY24

IRFC, a PSU under the Ministry of Railways, has a dividend yield of 0.84 percent at the current levels.

Hero Motocorp says Brazil operations to start in Q4FY25, shares gain

India's largest motorcycle maker, by market share, had originally announced plans to enter the Brazilian market in 2014, but the plan was shelved.

Max Estates stock jumps 8% to new all-time high; doubles in 6 months

Max Estates share price has more than doubled, delivering multibagger returns of nearly 120 percent in last six months.

Ola Electric stock nearly doubles from IPO price, hits upper circuit today

Ola Electric's market valuation has jumped to Rs 64,411 crore as of August 19 on the BSE.

Piramal Enterprises shares trade in green after promoter entity increases stake to 46.30%

Piramal Enterprises was trading marginally higher on Monday after promoter group increased its stake in the company.

Maruti Suzuki shares unfazed after company says Q2 net profit to be hit by Budget’s LTCG tax rule

India's largest carmaker Maruti Suzuki in a regulatory filing said that the company was making accounting provisions for deferred tax liability on fair value gains on its investments.

CDSL stock zooms 9% to new 52-week high ahead of bonus issue

CDSL has fixed August 24 as the record date for determining eligibility of the shareholders for the bonus issue

Glenmark Pharma shares jump nearly 6% to hit fresh 52-week high after Q1 net profit surges 96%

In the first quarter earnings for the current fiscal ended June 30, the drugmaker reported a consolidated net profit of Rs 340 crore.