Markets stage recovery; Sensex reclaims 79k level, Nifty surges
Benchmark equity indices rebounded sharply on Friday, with the Sensex climbing 2.54 per cent to reclaim the 79,000 level, driven by across-the-board rally and value buying at lower levels. Strong buying by domestic institutional investors and a firm trend in the US markets also helped the indices, traders said. The BSE benchmark...
-
Markets stage sharp recovery; Sensex reclaims 79k level, Nifty surges 557.35 points
22 November 2024 | PTI -
Majority of Adani group stocks trade lower for 2nd day; Adani Green tumbles 11 pc
22 November 2024 | PTI -
KMF enters Delhi-NCR with competitive pricing on Nandini products
22 November 2024 | PTI -
Inbrief
22 November 2024 | Agencies -
KS Murthy sworn in as new CAG
22 November 2024 | PTI -
Belrise Industries files papers to raise Rs 2,150 crore via IPO
22 November 2024 | PTI -
Steelmakers need to collaborate with IISc and IITs: Minister
22 November 2024 | PTI
Domestic fleet to touch 1,400 in five years
Vumlunmang Vualnam, civil aviation secretary, on Thursday said the number of planes with domestic airlines will increase to 1,400 in the next five years as he highlighted the growth potential of the country's aviation space. Currently, the fleet is around 800 aircraft and leading carriers, IndiGo and Air India, have placed...
US regulators seek to break up Google, force sale of Chrome browser
US regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through its dominant search engine after a court found it had maintained an abusive monopoly over the past decade. The proposed breakup floated in a 23-page document filed late Wednesday by the...
Sensex, Nifty tumble amid broad-based selloff
Equity benchmark indices Sensex and Nifty tumbled on Thursday amid a sharp fall in Adani group stocks after billionaire industrialist Gautam Adani was charged in the US for alleged bribery and fraud. Besides, unabated foreign fund outflows and weak trends in Asian and European peers also dragged benchmark indices lower. The BSE...
Adani Group MCAP plunges by Rs 2.19 Lakh Crore after bribery charges in US
The combined market valuation of all 10 listed Adani group firms fell by Rs 2.19 lakh crore on Thursday, more than double of what the conglomerate lost when the US short seller Hindenburg brought out a damning report in January 2023. Shares of Adani group firms fell sharply as billionaire Gautam...
Moody's says indictment of Gautam Adani on bribery charges credit negative for group
Moody's Ratings on Thursday said it will look at Adani group's governance practices when assessing the ports-to-energy conglomerate's ability to access capital in the aftermath of indictment of the group head Gautam Adani on bribery charges. "The indictment of Adani Group's chairman and other senior officials on bribery charges is credit...
Adani Green scraps USD 600 mn bond sale after promoter charged in alleged bribery case in US
Adani Green Energy Ltd, the renewable energy arm of billionaire Gautam Adani's conglomerate, on Thursday scrapped a USD 600 million bond issue after its promoter was charged in an alleged bribery case in the US. Hours before the US prosecutors charged Gautam Adani and associates with participating in a scheme to...
India's GDP growth likely to slip at 6.5 pc, maintains 7 pc estimate for FY25: Icra
Domestic rating agency Icra on Wednesday said India's real GDP growth for the September quarter is likely to decline to 6.5 per cent due to heavy rains and weaker corporate performance. The agency, however, maintained its FY25 growth estimate at 7 per cent on expectations of a pick up in economic...
