stock market

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    Market Valuation Declines as HDFC Bank Chairman Resigns

    New Delhi, March 23 Shares of HDFC Bank have been on a downward trend, falling by nearly 12 per cent in three days, after its non-executive chairman Atanu Chakraborty abruptly resigned, citing differences over "values and ethics".On Monday, the heavyweight stock plummeted 4.70 per cent to...
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    Market Reaction to Geopolitical Concerns: Sensex and Nifty Fall

    Benchmark domestic equity indices plunged by approximately two and a half percent today amid a broad-based sell-off. The Sensex plummeted by 1,837 points, or 2.46 percent, to close at 72,696, while the Nifty fell by 602 points, or 2.6 percent, to settle at 22,513.Earlier, the markets opened...
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    Market Reaction: India Sees Broad Stock Losses

    March 23, New Delhi: Indian stocks opened lower on Monday, following a broad risk-off move across Asia as escalating tensions in West Asia kept oil prices elevated.The Nifty 50 fell 2.3% to 22,579, while the BSE Sensex lost almost 2% to 72,826. All 16 major sectors declined, with broader...
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    Innovision Ltd Stock Performance After Listing

    New Delhi, March 23 Shares of Innovision Ltd, a company providing manpower and toll plaza management services, listed on the stock market on Monday at a discount of over 10% compared to the issue price of Rs 519.The stock began trading at Rs 466, a decline of 10.21% from the issue price on the...
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    Crude Oil Prices and Geopolitical Risks Impact India's Markets

    New Delhi, March 22 Developments related to the ongoing conflict in West Asia and its impact on crude oil prices will continue to influence investor sentiment in a week shortened by holidays, analysts said.In addition, trends in global markets, trading activity of foreign investors, and the...
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    Market Volatility: Key Firms See Valuation Drops

    New Delhi, March 22 The combined market valuation of five of the top 10 most-valued companies declined by Rs 1 lakh crore last week, with HDFC Bank experiencing the biggest drop.Last week, the BSE benchmark Sensex fell by 30.96 points, or 0.04 percent, and the NSE Nifty slipped by 36.6 points...
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    Investment Activity in DLF: Goldman Sachs, ICICI Purchase Shares

    New Delhi, March 20 Goldman Sachs and ICICI Prudential Mutual Fund collectively purchased over 43.40 lakh shares of real estate major DLF for nearly Rs 231 crore through open market transactions on Friday.According to BSE block deal data, Goldman Sachs, through its affiliate Goldman Sachs...
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    HDFC Bank Valuation Drops Following Leadership Change

    New Delhi, March 20 HDFC Bank shares ended over 2 per cent lower on Friday, extending the losses from the previous day, following the abrupt resignation of its non-executive chairman, Atanu Chakraborty, who cited "differences in values and ethics".The benchmark stock declined by 2.41 per cent...
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    HDFC Bank Stock Drops Over 2% After Leadership Change

    New Delhi, March 20 HDFC Bank's shares continued to fall on Friday, declining by over 2%, after its non-executive chairman Atanu Chakraborty abruptly resigned, citing differences over "values and ethics".The blue-chip stock dropped 2.36% to ₹780.75 on the BSE.At the NSE, it edged lower by...
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    Rajputana Stainless IPO Performance Below Initial Buzz

    New Delhi, March 19 Shares of Rajputana Stainless Ltd, a manufacturer of long and flat stainless-steel products, closed over 7 per cent lower on Thursday, its first day of trading against the issue price of Rs 122.The stock closed at Rs 112.90, down 7.45 per cent on the BSE. Earlier in the...
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    India's Equity Market Experiences Sharp Reversal Amid Energy Concerns

    New Delhi, March 19 – Equity investors' wealth eroded by ₹12.87 lakh crore on Thursday as stock markets plunged, with the benchmark Sensex falling by over 3%, driven by a spike in crude oil prices due to increasing attacks on energy infrastructure in West Asia.Investors have lost over ₹37 lakh...
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    Stock Markets Plummet Amid Rising Oil Prices and Geopolitical Concerns

    Mumbai, March 19 Benchmark stock indices Sensex and Nifty plummeted by over 3 per cent to close at almost one-year lows on Thursday as a sharp jump in crude oil prices and weak global trends, amid escalating strikes on energy infrastructure in West Asia, unnerved investors.Breaking its...
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    Oil Marketing Stocks Decline Amid Rising Crude Prices

    New Delhi, March 19 Shares of oil marketing companies plummeted on Thursday as escalating tensions in the Middle East drove crude oil prices sharply higher.According to market analysts, oil marketing companies faced pressure as higher crude prices threatened to squeeze their refining and...
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    HDFC Bank Shares Drop as Chairman Resigns

    New Delhi, March 19 HDFC Bank's shares plunged by nearly 9% on Thursday morning trading after Atanu Chakraborty resigned as chairman of the country's second-largest lender, citing ethical concerns.The blue-chip stock fell by 8.41% to Rs 772 – its 52-week low – on the BSE.On the NSE, the...
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    IPO Funding Secured: CMPDIL Targets ₹12,280 Cr Valuation

    New Delhi, March 18 The Central Mine Planning and Design Institute (CMPDIL), a subsidiary of state-owned Coal India, announced on Wednesday that it has raised ₹470 crore from anchor investors, ahead of its initial public offering (IPO) for public subscription.Life Insurance Corporation (LIC)...
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    GSP Crop Science IPO: Funding and Use of Proceeds

    New Delhi, March 18 The initial public offering of agrochemical company GSP Crop Science Ltd received 1.61 times subscription on the closing day of bidding on Wednesday.The Rs 400-crore IPO received bids for 1,43,61,844 shares against 89,47,367 shares on offer, according to NSE data.The...
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    Investment Activity Drives Urban Company Stock Increase

    New Delhi, March 18 Shares of Urban Company surged by over 13 per cent on Wednesday after SBI Mutual Fund acquired a stake of nearly 4 per cent for Rs 632 crore.The stock rebounded sharply, rising 13.20 per cent to Rs 124.35 per share on the BSE and increasing 13.01 per cent to Rs 124.43 on...
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    Maruti Suzuki Faces Rs 5,786 Cr Income Tax Order

    New Delhi, March 17 Maruti Suzuki India (MSI) said on Tuesday that it has received a draft assessment order worth Rs 5,786.4 crore from the income tax authority, and the company will challenge the order."The company has received a Draft Assessment Order for FY 2022-23, wherein certain...
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    Sensex Rises 1.26%, Nifty Above 23,400

    Mumbai, March 16 The stock market benchmark indices, Sensex and Nifty, rebounded by over 1 per cent on Monday after experiencing a significant decline in the previous three trading days, driven by value buying in blue-chip banking stocks.The 30-share BSE Sensex rose by 938.93 points or 1.26...
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    IPO Details: CMPDIL’s Rs 1,842-cr Offering

    New Delhi, March 16 The Central Mine Planning and Design Institute (CMPDIL), a subsidiary of state-owned Coal India, announced on Monday that its initial public offering (IPO), worth Rs 1,842 crore, will open for subscription on March 20.The price band has been set at Rs 163 to Rs 172 per...
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