Mid Market Watch: Nifty Media Surge With Zee’s Outperform

Equity benchmark indices through mid-market were improving with the Nifty rising   11,626-levels. At 12.20pm, the Sensex was moving at 38752-mark up 106 points while the Nifty50 demonstrated at 11625.50 up 31 points. Except Nifty IT, all the secotral indices are Read more

Mid-Market Trend: Index Pares Morning Gains On Selling Pressure

Stock market indices wiped out morning gains as selling pressure was witnessed in banking, auto, and financial stocks. Meantime, the rupee snapped its 3-day gains and declined 40psto trade at day’s low level of 69.36 against Greenback. The Sensex slipped 19pts at Read more

L&T Stock Rise After Buying Stake In Shipbuilding Unit For Rs32.74-Cr

In a stock exchange filing on Thursday, the Infrastructure major Larsen & Toubro Ltd (L&T) said, that it has purchased Tamil Nadu Industrial Development Corp’s (TIDCO) 3pc stake in L&T Shipbuilding Ltd for Rs32.74-crore.  After the above acquisition, L&T Shipbuilding Read more

L&T arm bags order worth Rs2357 cr, No impact seen on Stock

L&T share prices are expected to rise at the end of the day, on Thursday, as per our forecast.