Sep 27, 2023, 4:57 pm IST
Indian Rupee Closes Almost Flat At 83.22 Against The US Dollar
The Indian rupee ended almost flat on Wednesday, as the likely sale of Dollars by the Reserve Bank of India prevented the local currency from falling to a fresh record low.
The rupee closed at 83.22 against the US dollar compared with a previous close of 83.23.
Sep 27, 2023, 4:03 pm IST
Oil Prices Continue To Rise On Concerns Over Supply Tightness
Oil prices rose over per barrel Wednesday on concerns over supply tightness heading into winter and a "soft landing" for the US economy.
According to Reuters, Brent crude futures gained 0.9%, to .81 per barrel as of 0827 GMT, while US West Texas Intermediate (WTI) crude futures jumped 1.17% to .45.
Sep 27, 2023, 3:46 pm IST
Sensex, Nifty Close Higher; RIL, L&T, ITC, Cipla Contribute To Gains
Sensex and Nifty closed higher on Wednesday despite a tepid start in the morning trade. The benchmark index Sensex closed 0.26% higher at 66,118.69 points, while Nifty settled above the 19,700 mark today. The gains in the broader market were led by RIL, L&T, ITC, Cipla.
Sep 27, 2023, 2:46 pm IST
VodafoneIdea in Focus
TRAI Chairman says, worried about co seeing continued erosion in subscriber base on not being able to roll out #5G services, according to CNBC-TV18
Sep 27, 2023, 2:09 pm IST
Dividend Stocks This Week: Semac, Bajaj Holdings, Brightcom, Maharashtra Scooters
Dividend Stocks: This week is going to be quite busy for investors as Dalal Street will see shares of different companies trading ex-dividend in the last week of September. The companies that will trade ex-dividend this week include Semac Consultants, Bajaj Holdings & Investment Ltd., Brightcom Group, and Maharashtra Scooters Ltd.
Sep 27, 2023, 1:17 pm IST
SEBI Examining NSE's Proposal on Extending Derivative Trading Hours
SEBI examining NSE’s proposal to extend index derivative trading hours, no decision taken yet, Reuters sources
Sep 27, 2023, 1:06 pm IST
PL Recommends Zero-Debt Burden PSU Stock, TP Rs 1,430
Prabhudas Lilladher in its latest report dated September 27 recommended investors to buy financial sector stock, Central Depository Services (India) Ltd (CDSL) with target price of Rs 1430 per share and the analyst has suggested investors to keep stop loss at Rs 1314 per share. Current market price of CDSL share is Rs 1357.40 apiece with intraday gain of 2.24 on NSE.
Sep 27, 2023, 12:03 pm IST
Top 5 Gainers and Losers Today
Source: NSE
Sep 27, 2023, 11:49 am IST
Vedanta Shares Shed 6% To Hit New 52-Week Low After Moody's Cut Parent's Rating
Metals and mining giant, Vedanta Limited experienced a free fall on stock exchanges during Wednesday's trade after leading rating agency, Moody's Investors Services downgraded its parent Vedanta Resources (VRl) ratings to Caa2 from CFR. The outlook of the billionaire Anil Agarwal-backed VRL remains negative. Elevated risk in debt restructuring is concerning in the case of VRL which has not made any significant progress on refinancing its upcoming debt maturities.
Sep 27, 2023, 10:42 am IST
Infosys Shares Will Remain In Focus Today On This Partnership With Microsoft
Infosys shares will remain on investors' watchlist on Wednesday (September 27) after the company said on Tuesday that it has partnered with tech giant Microsoft to improve enterprise functions with AI-enabled solutions across multiple industries. In a Press Release dated September 26, the company said, that Infosys is collaborating with Microsoft to jointly develop industry-leading solutions that leverage Infosys Topaz, Azure OpenAI Service, and Azure Cognitive Services.
Sep 27, 2023, 10:04 am IST
Top Performing Mutual Funds In 5 Years
Small Cap
Sep 27, 2023, 9:59 am IST
Edtech Firm Byju's To Cut 4,000 Jobs In Major Restructuring
Byju's has decided to lay off around 4,000 employees or over 11 percent of its total workforce over the next few weeks as part of a restructuring exercise as the struggling edtech giant faces a severe funding crunch, battles lenders and has faced a markdown in its valuation, according to the sources.
Sep 27, 2023, 9:46 am IST
5 Star Rated Equity Mutual Funds
Top Performing Mutual Funds In 5 Years
Sep 27, 2023, 9:00 am IST
Hindustan Aeronautics Ltd (HAL) To Trade Ex-Split This Week
The company's shares will trade ex-split in a 1:2 sub-division ratio. The record date for identifying eligible shareholders for the division or split of current one equity share with a face value of Rs. 10 each fully paid up into two equity shares with a face value of Rs. 5 each fully paid-up has been set by the company as September 29.
Sep 27, 2023, 8:53 am IST
Stock Picks For Today By Sumeet Bagadia - Executive Director of Choice Broking
1. Divi's Laboratories: Buy DIVISLAB in cash @ Rs 3753.80, stop-loss: Rs 3680, target: Rs 3910.
2. Jubilant FoodWorks: Buy JUBLFOOD in cash @ Rs 545.80, stop-loss: Rs 526, target: Rs 580.
Sep 27, 2023, 8:50 am IST
Adani Ports and Special Economic Zone Limited Commences Cash Tender Offer for up to US5,000,000
Adani Ports announces a cash tender offer for the outstanding 3.375% Senior Notes due in 2024 with an aggregate principal amount of up to 5 million. The tender offer's main goal is to partly prepay the company's near-term debt obligations. The company anticipates that US5,000,000 in Notes will still be outstanding following the successful conclusion of this Tender Offer. On October 26, 2023, at 5:00 p.m., New York time, the Tender Offer will wrap up.
Sep 27, 2023, 8:43 am IST
Stocks To Watch Today
The stocks like Adani Ports, Aditya Birla, Easy Trip Planners and DCM Shriram
are expected to attract attention during Wednesday's trading session on September 27, 2023.