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Delta Corp Shares Dive 5% on Weak Q3, GST Disputes | Stock Market News

Delta Corp Shares Dive 5% on Weak Q3, GST Disputes | Stock Market...

Wed, Jan 10, 2024

Delta Corp reports a 59% drop in profit and 15% fall in revenue for Q3 FY24. Gaming income declines, GST notices for alleged ₹23 billion payments add pressure. Stock price takes a hit.

Why LIC Stock Is Trading In Green Despite New GST Demands | Stock Market News

Why LIC Stock Is Trading In Green Despite New GST Demands | Stock...

Thu, Jan 04, 2024

Life Insurance Corporation shares rose for a second day, gaining 1% despite receiving GST demands totaling Rs 667.5 crore from three states. LIC will appeal the demands related to alleged improper Input Tax Credit claims.

Sugar Stocks Surge 7% As Govt Lifts Ban On Sugarcane Juice For Ethanol | Stock Market News

Sugar Stocks Surge 7% As Govt Lifts Ban On Sugarcane Juice For Et...

Mon, Dec 18, 2023

The Indian government's decision to allow cane juice and molasses for ethanol production triggers a 4% to 7% surge in sugar stocks. Dhampur Sugar Mills leads the rally with a 7% jump, while Balrampur Chini Mills and Shree Renuka Sugars rise over 6%. Learn how this move is set to reshape India's biofuel landscape and boost ethanol production capacity.

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PNB stock hits fresh 52-week low, tanks 9%; bank makes a key disclosure late at night

PNB stock hits fresh 52-week low, tanks 9%; bank makes a key disclosure late at night

Tue, Feb 27, 2018

The shares of Punjab National Bank (PNB) tanked nearly 9 per cent on Tuesday after the public lender informed bourses that the amount of fraudulent transactions could be Rs 1,300 crore more than the current estimate of about Rs 11,400 crore.

BSE waives off transaction charges for 30 Sensex stocks

BSE waives off transaction charges for 30 Sensex stocks

Mon, Feb 26, 2018

In a bid to encourage retail investors to invest in sound companies, stock exchange BSE has waived off transaction charges in equity segment for 30 stocks on S&P BSE Sensex. The move will come into force from March 12, 2018.

Simbhaoli Sugar plunges 20% after CBI registers case; OBC touches 52-week low

Simbhaoli Sugar plunges 20% after CBI registers case; OBC touches 52-week low

Mon, Feb 26, 2018

Since the Rs 11,400 crore PNB fraud case has come into light, the CBI has registered seven cases in last 10 days from other banks.

Aster DM makes a tepid debut; lists at 4% discount to issue price

Aster DM makes a tepid debut; lists at 4% discount to issue price

Mon, Feb 26, 2018

Aster DM Healthcare on Monday made a tepid debut on the bourses, with the stock listing at Rs 182.10 on the BSE, a discount of 4.16 per cent against its issue price of Rs 190. The stock slipped as much as 7 per cent to Rs 176.45 against its issue price.

Indian equities to seek direction from macro-data, global cues next week

Indian equities to seek direction from macro-data, global cues next week

Sun, Feb 25, 2018

Release of key domestic macro-economic data, combined with global market volatility and movement of funds, are expected to dictate the direction of the Indian equity markets during the week ahead, say market analysts. "Apart from other developments on the domestic front, the Indian equity markets

BSE to launch cross-currency derivatives next week

BSE to launch cross-currency derivatives next week

Wed, Feb 21, 2018

Leading stock exchange BSE on Wednesday said it will launch cross-currency derivatives and cross INR options next week, a move that will help increase liquidity in the market.

Investors in Gitanjali Gems stuck! Stock hits fresh all-time low

Investors in Gitanjali Gems stuck! Stock hits fresh all-time low

Wed, Feb 21, 2018

Investors in Gitanjali Gems suffered another blow on Wednesday with stock plunging 10 per cent to again hit its lowest circuit for the fifth straight day.

FAST MONEY: 10 intraday trading tips for Wednesday's trade

FAST MONEY: 10 intraday trading tips for Wednesday's trade

Wed, Feb 21, 2018

The domestic market is expected to open flat, tracking negative trend seen in Asian markets, which dipped after a long winning run on Wall Street ended overnight.

Gitanjali Gems tanks for 5th straight day, PNB recoups losses

Gitanjali Gems tanks for 5th straight day, PNB recoups losses

Tue, Feb 20, 2018

Shares of Gitanjali Gems on Tuesday tanked for the fifth straight trade session, a day after two senior officials of the company -- Chandrakant Karkare and Pankhuri Warange -- resigned following the unravelling of $1.8-billion Punjab National Bank (PNB) fraud.

Will stop licensing indices to foreign players lift govt revenue collection?

Will stop licensing indices to foreign players lift govt revenue collection?

Mon, Feb 19, 2018

The move is likely to see a substantial surge in the revenue collection for the government

Sensex closes below 34,000, Nifty fails to hold 10,500

Sensex closes below 34,000, Nifty fails to hold 10,500

Mon, Feb 19, 2018

The Nifty PSU Bank index closed 2.38% down after falling as much as 6% during the day

Gitanjali Gems tanks 46% in 4 sessions; locked in lower circuit

Gitanjali Gems tanks 46% in 4 sessions; locked in lower circuit

Mon, Feb 19, 2018

Shares of Gitanjali Gems extended losses for the fourth straight session on Monday, hitting its lower circuit of 10 per cent as the jewellery company is allegedly involved in Rs 10,500-crore financial fraud that defamed the Punjab National Bank last week.

Public sector banks spoil Q3 earnings party on D-Street

Public sector banks spoil Q3 earnings party on D-Street

Mon, Feb 19, 2018

Stock market investors who were expecting strong overall third-quarter earnings performance have a reason to feel disappointed.

Sensex slips in red, Nifty trades below 10,500; Tata Steel top loser

Sensex slips in red, Nifty trades below 10,500; Tata Steel top loser

Mon, Feb 19, 2018

The benchmark indices opened higher on Monday, but in minutes pared gains to slip in red even as global cues remained positive with the Asian markets ticking up, joining a global recovery.

Fresh Nifty derivative products to make way by August: Singapore Exchange

Fresh Nifty derivative products to make way by August: Singapore Exchange

Mon, Feb 19, 2018

Fresh Nifty derivative products to make way by August: Singapore ExchangeSingapore Exchange (SGX) on Monday said it will list successor products to its Nifty family of derivative products before August 2018, when its license agreement with National Stock Exchange (NSE) of India expires.

10 years of Reliance Power listing: How Rs 10,000 turned Rs 1,600

10 years of Reliance Power listing: How Rs 10,000 turned Rs 1,600

Sat, Feb 17, 2018

The stock made its debut on the bourses on February 11, 2008, but never went above its issue price till today

38% slump in 3 days! Avoid PNB in short-term, say experts

38% slump in 3 days! Avoid PNB in short-term, say experts

Fri, Feb 16, 2018

Shares of Punjab National Bank extended losses for the third straight day after the detection of Rs 11,400-crore fraud, slipping over 3 per cent in intraday trade.

Should BSE, NSE rethink ban on SGX Nifty? MSCI 'strongly suggests' so

Should BSE, NSE rethink ban on SGX Nifty? MSCI 'strongly suggests' so

Fri, Feb 16, 2018

Global index provider MSCI Inc on Thursday “strongly suggested” that India’s three main stock exchanges reconsider their anti-competitive measures that restrict the accessibility of the Indian equity market to foreign exchanges.

PNB fraud takes sheen out of jewellery stocks; Gitanjali Gems, PC Jeweller dip up to 24%

PNB fraud takes sheen out of jewellery stocks; Gitanjali Gems, PC Jeweller dip up to 24%

Thu, Feb 15, 2018

Jewellery stocks such as PC Jeweller and Gitanjali Gems sank up to 24 per cent after the PNB fraud issue accentuated and cast its shadow on a couple of banks and jewellery firms too.

Sensex falls 145 points, PNB down 10%

Sensex falls 145 points, PNB down 10%

Wed, Feb 14, 2018

The market opened at 34,436.98 points against the previous day's close of 34,300.47 and hit the high of 34,473.43

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