stock market

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    Aluminium Demand Drives Futures Price Growth

    New Delhi, March 16 Aluminium prices rose by nearly 0.31 per cent to Rs 352.05 per kg in futures trading on Monday, as speculators built up fresh positions amid a positive trend in the spot market.On the Multi Commodity Exchange, the price of aluminium for delivery in April increased by Rs...
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    Market Valuation Drops: Top Firms See Significant Losses

    New Delhi, March 15 The combined market valuation of the top 10 domestic firms declined sharply by Rs 4.48 lakh crore last week, in line with a steep decline in equities, with major banking firms State Bank of India and HDFC Bank experiencing the biggest losses.Last week, the BSE benchmark...
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    Global Market Weakness Impacts Indian Indices

    Mumbai, March 13 The benchmark stock market indices, Sensex and Nifty, ended sharply lower on Friday, driven by escalating conflict in the Middle East and rising oil prices.Furthermore, heavy selling in global markets, persistent outflows of foreign funds, and the weakening of the rupee also...
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    Promoters Invest Rs 2,674 Cr in Godrej Properties, Driving Sales Target

    New Delhi, March 13 – The promoters of Godrej Properties Ltd have increased their stake in the company by 5% this fiscal year through the purchase of public shares worth Rs 2,674 crore in the open market, as they are optimistic about growth prospects amid strong demand for residential properties...
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    Brent Crude Surpasses $100 Amid Iran Threats

    March 13, New Delhi – Brent crude edged further above $100 per barrel, and stock prices declined in early Asian trading on Friday, following Iran's vow to target oil resources in West Asia and continue disrupting the Strait of Hormuz.Brent, which had risen above $100 on Thursday, was up 0.20...
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    Geopolitical Concerns Weigh on Indian Stock Indices

    Mumbai, March 12 Benchmark indices Sensex and Nifty traded lower during the afternoon session on Thursday amid soaring crude oil prices due to the worsening crisis in West Asia.Besides, weak global market trends and continued foreign fund outflows also dampened investor sentiment, analysts...
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    Agrochemical IPO: GSP Crop Science Seeks Rs 400 Crore

    New Delhi, March 12 Agrochemical Company GSP Crop Science Ltd announced on Thursday that its initial public offering (IPO) worth Rs 400 crore will open for public subscription on March 16.The price band has been fixed at Rs 304-320 per share for the IPO, valuing the company at Rs 1,489 crore...
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    India's Stock Market Faces Pressure from Oil and Global Trends

    Mumbai, March 12 – The benchmark indices Sensex and Nifty experienced a sharp decline in early trading on Thursday, as a significant increase in crude oil prices, driven by the ongoing crisis in the Middle East, weighed heavily on investor sentiment.Furthermore, weak global market trends and...
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    Rupee Falls 31 Paise Against US Dollar

    Mumbai, March 12 The rupee depreciated by 31 paise to 92.32 against the US dollar in the early trade on Thursday, due to outflows by foreign investors, rising global crude oil prices, and a stronger US dollar, amid the ongoing conflict in the Middle East.The weak start to the trading session...
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    Market Plunge: Investor Wealth Drops by ₹5.14 Lakh Crore

    New Delhi, March 11 Investors' wealth eroded by ₹5.14 lakh crore on Wednesday as stock markets fell after a day's respite due to a surge in global crude oil prices amid growing tensions in West Asia.The 30-share BSE Sensex tumbled 1,342.27 points or 1.72 per cent to close at 76,863.71. During...
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    Sedemac Mechatronics: Strong Initial Trade After IPO

    New Delhi, March 11 Shares of Sedemac Mechatronics Ltd, a manufacturer of powertrain controls and auto parts, listed on Wednesday at a premium of 13.5 per cent against the issue price of Rs 1,352.The stock started trading at Rs 1,510, registering a jump of 11.68 per cent from the issue price...
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    Minority Shareholders Appeal Dismissed in Bharti Telecom Share Reduction

    New Delhi, March 10 The Supreme Court on Tuesday dismissed a batch of appeals filed by minority shareholders of Bharti Telecom Limited (BTL), upholding the company's decision to reduce its share capital and ease out individual investors.A bench of Justices Sanjay Kumar and K Vinod Chandran...
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    Restaurant Stocks Fall as LPG Supply Tightens

    New Delhi, March 10 Shares of food delivery companies and restaurants ended lower on Tuesday amid a shortage of commercial LPG cylinders, which triggered fears of operations being shut if the situation is not resolved.The stock of food delivery company Swiggy fell by 2.26 per cent, while...
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    Financial Hardship Suspected in Indore Family Tragedy

    Indore, March 10 – Police recovered the bodies of a married couple from their home in the Nandpura area, under the Pardeshipura police station in Indore, Madhya Pradesh, on Tuesday, and have initiated an investigation into the matter.Upon receiving the information, police arrived at the scene...
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    Indore Police Investigate Couple's Death Amid Financial Difficulties

    Indore, March 10 A couple facing financial difficulties was found dead under suspicious circumstances at their home in Indore on Tuesday, police said.The couple's family had been struggling with financial problems for the past few days, they said.Eknath Wagh (43), who lived in a rented house...
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    Sensex and Nifty Rise Amid Global Market Recovery

    Mumbai, March 10 The benchmark equity indices, Sensex and Nifty, rebounded sharply on Tuesday's early trading after two days of a massive decline, following a drop in crude oil prices and a recovery in global markets, amid hopes that the conflict in West Asia could soon conclude.The 30-share...
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    Anthem Biosciences Secures Funding Through Multiple Deals

    New Delhi, March 9 Mumbai-based True North divested a 3.6 per cent stake in Anthem Biosciences for Rs 1,261 crore through a transaction in the open market on Monday.Private equity firm True North, through its affiliate Viridity Tone LLP, sold a total of 2,03,13,795 shares, representing a 3.62...
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    Pirojsha Godrej Acquires Stake in Real Estate Developer

    New Delhi, March 9 Pirojsha Adi Godrej bought nearly 1.8 per cent stake in real estate developer Arvind SmartSpaces for Rs 40.7 crore from an affiliate of HDFC Capital through a private transaction.Pirojsha Godrej is the Executive Chairperson of Godrej Properties, Godrej Housing Finance, and a...
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    Investment in EAAA Boosts Alternatives Platform's IPO Push

    New Delhi, March 9 Edelweiss Financial Services announced on Monday that it has completed the sale of 4.4 per cent of common equity in its subsidiary, EAAA India Alternatives, for ₹375 crore.The proceeds have been allocated to key Limited Partners and select individual investors, Edelweiss...
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    Stock Market Decline Linked to Geopolitical Risks

    New Delhi, March 9 Equity investors have lost approximately ₹22.40 lakh crore since the start of the conflict involving the US, Israel, and Iran, which has rattled stock markets, driving down the BSE Sensex by 4.6 per cent.The US and Israel launched military strikes on Iran on February 28...
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