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Hindalco Industries Ltd has added 12.39% over last one month compared to 9.56% gain in S&P BSE Metal index and 0.04% drop in the SENSEX BSE Hindalco Industries Ltd gained 3.25% today to trade at Rs 595.65. The S&P BSE Metal index is up 1.7% to quote at 22107.64. The index is up 9.56 % over last one month. Among the other constituents of the index, Jindal Steel & Power Ltd increased 2.4% and Vedanta Ltd added 2% on the day. The S&P BSE Metal index went up 59.29 % over last one year compared to the 15.95% surge in benchmark SENSEX. Hindalco Industries Ltd has added 12.39% over last one month compared to 9.56% gain in S&P BSE Metal index and 0.04% drop in the SENSEX. On the BSE , 54747 shares were traded in the counter so far compared with average daily volumes of 5.58 lakh shares in the past one month. The stock hit a record high of Rs 623.1 on 07 Mar 2022. The stock hit a 52-week low of Rs 305.4 on 25 Mar 2021. Read More :  https://www.business-standard.com/arti...

  BSE - Stock Market BSE  Sensex and Nifty 50 ended higher for the third consecutive session on weekly F&O expiry day, helped by buying across the sectors Share Market News Today | Sensex, Nifty, Share Prices HIGHLIGHTS :  Benchmark indices BSE Sensex and Nifty 50 ended higher for the third consecutive session on weekly F&O expiry day, helped by buying across the sectors.  BSE  Sensex ended 817.06 points or 1.50% higher at 55,464.39, and the Nifty 50 settled 249.50 points or 1.53% up at 16,594.90. HUL, Tata Steel, Grasim Industries, JSW Steel and SBI were among the top Nifty gainers. On the other hand, Coal India, Tech Mahindra, Dr Reddy’s Labs, ONGC and TCS were the biggest losers. All the sectoral indices ended in the green with auto, metal, FMCG, power, capital goods, PSU Bank and realty indices added 1-2 per cent. In broader markets,  BSE  Smallcap and Midcap indices rose 1 per cent each.

  At 09:15 am; around 6.18 million equity shares representing 10.14 per cent of total equity of Coforge changed hands on the  BSE , the exchange data shows. BSE Shares of Coforge dipped 6 per cent to Rs 4,260 on the BSE in Thursday's intra-day trade after 10 per cent of the total equity of the information technology (IT) consulting & software company changed hands on the  BSE . At 09:15 am, around 6.18 million equity shares, representing 10.14 per cent of total equity of Coforge, changed hands at the counter on the BSE, exchange data shows. The names of the buyers and sellers could not be ascertained immediately. Hulst BV, the promoter of Coforge held 49.97 stake in the company at the end of December 2021, the shareholding pattern data shows. In the previous calendar year 2021, Hulst BV had sold 8.35 million shares via block deals. In the past three months, the stock has underperformed the market by falling 19 per cent, as compared to a 5 per cent decline on the S...

BSE Trade On the short term time frame,  BSE  Limited has formed strong price volume breakout pattern. The texture of the pattern suggests breakout action will continue in the near term if stock succeeds to trade above Rs 2,400 level. Bulls maintained their dominance over the Dalal Street for third straight session on March 10, helping the market register 1.5 percent gain with support from declining oil prices, BJP's win in four out of five states elections and positive global cues. The benchmark indices closed off day's high as they had rallied 3 percent intraday before seeing profit booking at higher levels. The  BSE  Sensex jumped more than 800 points to close at 55,464, and the Nifty50 climbed nearly 250 points to 16,595 driven by sharp uptrend in banking & financials, auto, metals, and FMCG stocks. The positive momentum was also seen in broader space as the Nifty Midcap 100 index rose 0.91 percent and Smallcap 100 index soared 1.4 percent. Stocks that were i...

Last week, the country’s largest stock exchange had invited applications for a new CEO Ashishkumar Chauhan, the present chief of  BSE , is likely to apply for the post of managing director and CEO at rival NSE.                                                            Ashishkumar Chauhan. Last week, the country’s largest stock exchange had invited applications for a new CEO. The term of current CEO Vikram Limaye ends on July 16. Limaye is not interested in pursuing a second term and, therefore, he will not participate in the process. Listing out the eligibility criteria, the NSE notice stated that the candidate must have a track record of strengthening corporate governance, enterprise risk management and compliance management framework. Candidates should have at least 25 years of experience or domain knowledge in various aspects of c...

At 10:08 am, the stock traded 6.5 per cent higher at Rs 2,789 as against a 0.5 per cent gain on the Nifty50 index. In the past 10 trading sessions, the stock has zoomed 52 per cent, as compared to a 2.5 per cent rise on the benchmark index. In the past one week, the market price of BSE has rallied 35 per cent after the company fixed March 22, 2022, as the record date for the purpose of determining the names of shareholders who shall be entitled for allotment of bonus equity shares in the ratio of 2 new fully paid-up equity shares of Rs 2 each for every 1 fully paid-up equity share held by the shareholders of the company. BSE Stock Market The board of directors of BSE on February 8, 2022 had approved issue of bonus shares in the ratio of 2:1. ​In the past six months, the stock price of BSE has more-than-doubled or has advanced 123 per cent on the back of strong operational performance. In comparison, the Nifty50 index was down 5 per cent. On a one-year time-frame, the stock has skyroc...

Share Market, Stock Market Highlights: The S&P BSE Sensex ended at 54,333.81, down 768.87 points (1.40 per cent), while the Nifty 50 settled at 16,245.35, down 252.70 points (1.53 per cent). Share/Stock Market Highlights: The benchmark equity indices on BSE and National Stock Exchange (NSE) fell for the third straight day, ending over 1.4 per cent lower on Friday tracking a weak trend in global equities amid escalating tensions between Russia and Ukraine. A man looks at s screen displaying budget news in Mumbai. The S&P BSE Sensex fell 768.87 points (1.40 per cent) to settle at 54,333.81 while the Nifty 50 slipped 252.70 points (1.53 per cent) to end at 16,245.35. Both the indices had opened over 1 per cent lower and slipped further during the intraday trade with the Sensex slipping to 53,887.72 while the broader Nifty hit an intraday low of 16,133.80. On the Sensex pack, Titan Company, Maruti Suzuki India, Asian Paints, Mahindra & Mahindra (M&M) and Hindustan Unilev...

The government on February 13 filed the draft red herring prospectus to sell 5% of its equity stake in LIC in March NEW DELHI : Even as the finance ministry is keeping an eye on global market conditions and whether they warrant deferring the initial share sale of the state-run Life Insurance Corporation (LIC), it is firming up a long-term, five-year plan to divest up to 25% of its equity in the firm, two officials familiar with the matter said on condition of anonymity. That may mean the initial share sale of 5% being followed up with a so-called FPO or follow-on public offer of 5-10% more within a year, they added. Life Insurance Corporation of India Wide participation of policyholders, employees, retail investors and financial institutions will enhance transparency and efficiency in managing affairs of LIC, in which the government will always hold the majority stake and exercise management control, the two people confirmed, speaking on condition of anonymity. “After the IPO, which ha...