Explained: Why Indian Overseas Bank hit 20% upper circuit today

Shares of Indian Overseas Bank (IOB) hit the upper circuit of 20 per cent briefly on the stock market on Thursday. The public sector bank’s shares went up to Rs 24.50 in early trade. At 12:05 pm, IOB shares were trading 13.41 per cent higher on the Bombay Stock Exchange (BSE) at Rs 23.25. On the National Stock…

Sensex, Nifty end at record highs as Reliance shares jump

Indian shares scaled new peaks on Friday, with the blue-chip Nifty registering its best week since early February as conglomerate Reliance Industries surged to record highs, and investor focus on U.S. jobs report due later in the day. The blue-chip NSE Nifty 50 index was up 0.52% at 17,323.60 at close and the…

Markets This Week: Sensex, Nifty end lower for second straight week; auto drags, metals gain

Indian indices ended in the red for the second consecutive week with both Nifty and Sensex ending around 0.2 percent. Losses in auto, IT stocks were offset by gains in metals and financials. The sentiment was also dented by a slowing pace of vaccination in some states and a global spread of the Delta variant of…

Shilpa Medicare shares rally over 5% after DRDO approves manufacture, sale of anti-Covid drug

Share of Shilpa Medicare rallied over five percent after the company received in-principle approval from the Defence Research & Development Organisation (DRDO) to manufacture and sale of 2-Deoxy-D-Glucose (2DG). The Drug Controller General of India (DCGI) had granted emergency approval to 2DG for COVID-19 patients…

Sensex, Nifty Likely To Have A Muted Opening

The domestic stock markets are likely to start the last trading day of the week on a muted note, post the rally witnessed in the previous session. Trends on SGX Nifty indicate a flat opening for the index in India, with a 10-point gain. At 7:30 am, the Nifty futures were trading around 15,847, higher by 10 points, on…

Stocks To Watch; ONGC, Ashok Leyland, Bank of Maharashtra, Cadila Healthcare

The domestic stock markets are likely to start the last trading day of the week on a muted note, post the rally witnessed in the previous session. Trends on SGX Nifty indicate a flat opening for the index in India, with a 10-point gain. At 7:30 am, the Nifty futures were trading around 15,847, higher by 10 points, on…

Top stocks to watch out for on June 23

The Indian market is likely to open higher on Wednesday following a mixed trend in Asian peers. At 7:10 am, the SGX Nifty was trading 49.00 points or 0.31 percent higher at 15,819.00, indicating a positive start for the Sensex and Nifty50. HDFC Bank | The bank, along with its subsidiary HDFC Securities, will pick up a…

Today’s stock tips by Sudarshan Sukhani, Mitessh Thakkar

Indian indices are likely to open near record highs on Tuesday tracking gains in Asian peers. The SGX Nifty was also trading over 100 points higher near 15,850 indicating a positive opening for the Indian markets. Stocks including Indian Bank, Info Edge will be in focus. CNBC-TV18’s in-house panel of experts have…

10 things you need to know before the opening bell on June 21

The Indian market may open sharply lower on Monday amid weak global cues. At 7:35 am, the SGX Nifty was trading 185.00 points or 1.17 percent lower at 15,565.00, indicating a negative start for the broader index in India. 1. US stocks | All three main indices on Wall Street dropped Friday with investors wary of a more…

CNBC-TV18’s top stocks to watch out for on June 21

The Indian market is expected to open lower on Monday following losses in global peers. The trend on SGX Nifty also suggests a negative start for the broader index in India. The Nifty futures were trading 164.50 points or 1.04 percent lower at the 15,585.50 level on the Singaporean Exchange at 7:10 am. Telecom…