Adani Ports Approves Share Buyback, Stock Up

Adani Ports&Special Economic Zone Ltd (ADANIPORTS) today approved the proposal to buy-back shares worth Rs.1960-crore. The company, in its stock exchange filing, said it will repurchase 3.92-crore shares at Rs500/per share. The offer price is at a premium of 17.6pc Read more

PSU banks Stocks Jump on recapitalization Plan

Shares of PSU banks rallied on Tuesday on reports that the Ministry of finance is expected to infuse Rs.40000-crore in state-owned banks in order to increase the lending capacity and make better the balance sheets of the bank. The announcement may reportedly Read more

Weekly Wrap on Stocks, Top Gainers & Losers for the week

The week ended 31-May, was highly volatile in nature, ahead of the portfolio announcement of Modi Government. The Sensex ended the Friday Session lower by 23ptss and the Nifty ended 117pts lower, after a strong opening session.  On weekly basis, equity benchmarks zoomed gains Read more

Sensex reduces early Gains to close 117pts lower

Sensex and Nifty ended lower on Friday, after reclaiming the 40,000 and 12,000 levels, respectively from the intraday peak.  Markets turned volatile since the first afternoon hours of session. The attention during the day turned to the new cabinet structure Read more

Mid-Market Stocks, OMC Stocks Lag

Most Oil marketing companies’ stocks were trading in the red in Wednesday’s session with their sectoral Energy index on NSE trading lower.  Shares of Oil & Natural Gas Corp (ONGC) which was down by 2.54pc, followed by Hindustan Petroleum Corp Read more