News for 'Larsen'

Sensex, Nifty close at all-time highs on gains in HDFC twins, RIL

Sensex, Nifty close at all-time highs on gains in HDFC twins, RIL

Rediff.com21 Jun 2023

From the Sensex pack, Power Grid, HDFC Bank, HDFC, Tech Mahindra, Tata Consultancy Services, Wipro, Reliance Industries and Larsen & Toubro were the major gainers. Mahindra & Mahindra, ITC, IndusInd Bank, Axis Bank, Bajaj Finance and Maruti were among the laggards.

Sensex revisits 61K, Nifty above 18K; RIL, ITC spurt

Sensex revisits 61K, Nifty above 18K; RIL, ITC spurt

Rediff.com28 Apr 2023

Equity benchmark Sensex climbed over 460 points to reclaim the 61,000 mark while the Nifty closed above the 18k level on Friday, propelled by robust buying in index majors Reliance Industries and ITC amid fresh foreign fund inflows. Rallying for the fifth straight session, the 30-share BSE Sensex jumped 463.06 points or 0.76 per cent to settle at 61,112.44. During the day, it rallied 560.08 points or 0.92 per cent to 61,209.46.

Shareholder bonhomie at Naik's last AGM as an era draws to a close

Shareholder bonhomie at Naik's last AGM as an era draws to a close

Rediff.com10 Aug 2023

At the annual general meeting (AGM) of Larsen & Toubro (L&T) on Wednesday, shareholders made the usual request to the top management for bonus shares. But this time, the setting was different. The man at the helm, outgoing group chairman AM Naik, 82, was heard assuring shareholders that he would join the chorus soon. There were laughs and chuckles at Naik's playful remark as he addressed the last AGM, nearly six decades after he joined L&T as a junior engineer and some 25 years at the top.

How the private sector chipped in for Chandrayaan-3

How the private sector chipped in for Chandrayaan-3

Rediff.com25 Aug 2023

A number of private companies have contributed to the development of ISRO's Chandrayaan-3 spacecraft which successfully landed near the south pole of the Moon on Wednesday evening.

Sensex falls 223 points; FMCG, IT stocks drag

Sensex falls 223 points; FMCG, IT stocks drag

Rediff.com9 Jun 2023

Equity benchmark indices Sensex and Nifty stayed on the back foot for the second straight session on Friday as investors offloaded FMCG, IT and teck stocks amid a weak opening in European markets. Selling pressure in index heavyweight Reliance Industries also added to the weak trend in equities. The 30-share BSE Sensex fell 223.01 points or 0.35 per cent to settle at 62,625.63.

Sensex rallies 350 points to reclaim 63,000-mark

Sensex rallies 350 points to reclaim 63,000-mark

Rediff.com7 Jun 2023

From the Sensex pack, Nestle, Tata Steel, Tata Motors, Bharti Airtel, Larsen & Toubro, Power Grid, NTPC, Tata Consultancy Services, Tech Mahindra, Infosys and Axis Bank were the major gainers. Kotak Mahindra Bank, Maruti, Bajaj Finance, Mahindra & Mahindra and ICICI Bank were the laggards.

Oil, banking stocks drag Sensex down 184 points

Oil, banking stocks drag Sensex down 184 points

Rediff.com18 Apr 2023

Among the Sensex firms, Power Grid, UltraTech Cement, Titan, Reliance Industries, Bajaj Finance, Mahindra & Mahindra, ICICI Bank, Tata Consultancy Services, Tech Mahindra, ITC and HDFC Bank were the major laggards. HCL Technologies, IndusInd Bank, Wipro, Nestle, Maruti, Larsen & Toubro and Asian Paints were among the gainers.

Markets see 70% chance BJP forming next govt

Markets see 70% chance BJP forming next govt

Rediff.com9 Sep 2023

The key risk factors would be anti-incumbency, small vote share swings causing large impact on outcomes and the 2004 example.

Sensex climbs 240 points on buying in index heavyweights

Sensex climbs 240 points on buying in index heavyweights

Rediff.com5 Jun 2023

From the Sensex pack, Mahindra & Mahindra climbed 3.81 per cent and Axis Bank advanced 2.68 per cent, followed by Tata Motors, Larsen & Toubro, Tata Steel, ICICI Bank, Reliance Industries, Maruti, IndusInd Bank and Sun Pharma. Asian Paints, Tech Mahindra, Nestle, Hindustan Unilever, Kotak Mahindra Bank and ITC were among the laggards.

Sensex surges 302 points to new closing high of 67,097

Sensex surges 302 points to new closing high of 67,097

Rediff.com19 Jul 2023

From the Sensex pack, NTPC, Bajaj Finance, IndusInd Bank, UltraTech Cement, Bajaj Finserv, State Bank of India, Tata Motors, ITC, Power Grid and Larsen & Toubro were the biggest gainers. IndusInd Bank climbed 2 per cent after the company on Tuesday reported a 30 per cent jump in consolidated net profit in April-June quarter at Rs 2,124.50 crore, helped by core income growth and lower bad loan provisions.

EPL PIX: Arsenal go four clear, Newcastle down Manchester United

EPL PIX: Arsenal go four clear, Newcastle down Manchester United

Rediff.com3 Dec 2023

IMAGES from Saturday's action in the English Premier League.

Share of L&T's slow-moving projects in order book at multi-year low

Share of L&T's slow-moving projects in order book at multi-year low

Rediff.com14 Aug 2023

The share of slow-moving orders in the overall order book of Larsen & Toubro (L&T) is at a multi-year low. This has led to a renewed focus on fast-moving orders. A mix of factors such as commodity price fluctuations, robust order inflow and strong sectoral demand have put capital goods order book in the fast lane, analysts and company executives said. L&T, with its large presence in the capital goods sector, is often seen as the bellwether for trends in this space.

Markets crash: Investors' wealth falls by Rs 3.46 lakh cr

Markets crash: Investors' wealth falls by Rs 3.46 lakh cr

Rediff.com2 Aug 2023

Investors' wealth eroded by Rs 3.46 lakh crore on Wednesday as equity markets took a sharp tumble amid weak global trends and foreign fund outflows. The 30-share BSE Sensex fell by 676.53 points or 1.02 per cent to settle at 65,782.78. During the day, it plunged 1,027.63 points or 1.54 per cent to 65,431.68. In line with the weak trend in equities, the market capitalisation of BSE-listed firms eroded by Rs 3,46,947.54 crore to Rs 3,03,33,258.69 crore.

No Williamson, Southee; Santner to captain NZ in India T20s

No Williamson, Southee; Santner to captain NZ in India T20s

Rediff.com13 Jan 2023

Veteran all-rounder Mitchell Santner will captain the New Zealand side for the three-match T20I series against India.

Sensex ends down 208 points on weak global trends

Sensex ends down 208 points on weak global trends

Rediff.com24 May 2023

Among the Sensex firms, Tata Motors, HDFC Bank, ICICI Bank, HDFC, Bajaj Finserv, Reliance Industries, Hindustan Unilever, Larsen & Toubro, Asian Paints and Tata Steel were the major laggards. Sun Pharma, Titan, ITC, IndusInd Bank, Tech Mahindra and Power Grid were among the winners.

Sensex ends above historic 65k mark; Nifty settles at record 19,322

Sensex ends above historic 65k mark; Nifty settles at record 19,322

Rediff.com3 Jul 2023

From the Sensex pack, HDFC, HDFC Bank, Mahindra & Mahindra, UltraTech Cement, Tata Steel, Bajaj Finance, State Bank of India, Reliance Industries, Bajaj Finserv and ICICI Bank were the major gainers. Power Grid, Maruti, Tech Mahindra, IndusInd Bank, HCL Technologies and Axis Bank were among the laggards.

Markets end in green; Sensex jumped 361 points

Markets end in green; Sensex jumped 361 points

Rediff.com27 Dec 2022

Equity benchmarks Sensex and Nifty closed with gains on Tuesday, following a firm trend in the global markets. Extending its previous day's rally, the 30-share BSE Sensex jumped 361.01 points or 0.60 per cent to settle at 60,927.43. During the day, it rallied 420.26 points or 0.69 per cent to 60,986.68.

Sensex climbs 349 points; Nifty nears 18K

Sensex climbs 349 points; Nifty nears 18K

Rediff.com27 Apr 2023

From the Sensex firms, Bajaj Finance, Bajaj Finserv, Infosys, Bharti Airtel, Kotak Mahindra Bank, Larsen & Toubro, Mahindra & Mahindra, ITC, Tech Mahindra, Tata Steel, Tata Motors, Titan, Reliance Industries and Nestle were the major winners. Hindustan Unilever, Power Grid, Axis Bank, Tata Consultancy Services, State Bank of India, Asian Paints and Wipro were the laggards.

Markets fall nearly 1%; Sensex ends down 398 points

Markets fall nearly 1%; Sensex ends down 398 points

Rediff.com24 Mar 2023

Bajaj Finserv was the biggest loser among the Sensex constituents, sliding 3.81 per cent, followed by Bajaj Finance, Tata Steel, Reliance Industries, HCL Tech, SBI, Larsen & Toubro and Mahindra & Mahindra, Axis Bank and Titan. On the other hand, Kotak Mahindra Bank, Infosys, Tech Mahindra, Power Grid, Asian Paints and Wipro were the gainers.

Markets tumble over 1%; Sensex tanks 888 points

Markets tumble over 1%; Sensex tanks 888 points

Rediff.com21 Jul 2023

From the Sensex pack, Infosys tanked over 8 per cent after the company reported a lower-than-expected 11 per cent rise in net profit for the June quarter and delivered a shocker as it slashed its FY24 growth outlook to 1-3.5 per cent on delayed decision-making by clients amid global macro uncertainties. Hindustan Unilever, HCL Technologies, Wipro, and Tech Mahindra were the other major laggards. On the other hand, Larsen & Toubro rose the most by 3.88 per cent after it bagged an order of worth over Rs 7,000 crore from the bullet train project.

Reliance climbs 8 spots to 45th rank on Forbes' Global 2000 list

Reliance climbs 8 spots to 45th rank on Forbes' Global 2000 list

Rediff.com13 Jun 2023

Billionaire Mukesh Ambani's Reliance Industries Ltd climbed eight spots to the 45th rank, the highest for an Indian company on Forbes' latest Global 2000 list of public companies worldwide.

Markets end in red; Sensex sheds 139 points in volatile trade

Markets end in red; Sensex sheds 139 points in volatile trade

Rediff.com23 Feb 2023

In the Sensex pack, Asian Paints, Larsen & Toubro, Titan, IndusInd Bank, Bharti Airtel, Power Grid, Bajaj Finserv, Infosys, HDFC Bank and HDFC were the major laggards. On the other hand, Axis Bank, Tata Motors, ITC, State Bank of India, Tata Steel and Sun Pharma were among the gainers.

Ayodhya Ram temple's ground floor to be ready by October

Ayodhya Ram temple's ground floor to be ready by October

Rediff.com12 Jun 2023

The ground floor of the three-storey Ram temple in Ayodhya is in its final stages and the work on ancillary structures is going on in full swing for their completion by October this year, the temple authorities said on Monday.

Sensex pares early gains; ends down 304 points

Sensex pares early gains; ends down 304 points

Rediff.com5 Jan 2023

From the Sensex pack, Bajaj Finance tanked 7.21 per cent. The other major laggards were Bajaj Finserv, ICICI Bank, Infosys, Titan, Power Grid, Axis Bank, HDFC Bank, Tech Mahindra, Wipro and Bharti Airtel. ITC, Hindustan Unilever, NTPC, Mahindra & Mahindra, Nestle and Larsen & Toubro were the major winners.

Markets rally for 2nd day on foreign fund inflows, buying in HDFC twins

Markets rally for 2nd day on foreign fund inflows, buying in HDFC twins

Rediff.com18 Jan 2023

Equity benchmarks extended their rally for the second straight session on Wednesday amid buying in index heavyweights HDFC twins and foreign funds inflows. Recovery in most of the Asian markets and positive start in European equity exchanges also added to the momentum. The 30-share BSE Sensex climbed 390.02 points or 0.64 per cent to settle at 61,045.74.

Markets fall nearly 1%; Sensex ends down 502 points

Markets fall nearly 1%; Sensex ends down 502 points

Rediff.com2 Mar 2023

From the Sensex pack, Maruti, Axis Bank, Tata Consultancy Services, Nestle, Infosys, Mahindra & Mahindra, Tech Mahindra and Bharti Airtel were the major laggards. Power Grid, Sun Pharma, HCL Technologies, Larsen & Toubro and UltraTech Cement were the gainers.

Sensex up 234 points on buying in RIL, IT stocks

Sensex up 234 points on buying in RIL, IT stocks

Rediff.com22 May 2023

Among the Sensex firms, Tech Mahindra, Wipro, Infosys, Tata Consultancy Services, HCL Technologies, Larsen & Toubro, ITC, Sun Pharma, NTPC and Titan were the major gainers. Nestle, Axis Bank, Tata Motors, ICICI Bank, HDFC Bank and Bharti Airtel were the laggards.

New era of Indian equity outperformance is dawning: Morgan Stanley

New era of Indian equity outperformance is dawning: Morgan Stanley

Rediff.com11 Aug 2023

A new era of Indian equity market outperformance compared to China "appears to be dawning", according to Morgan Stanley. The firm has upgraded India to overweight in its Asia Pacific-excluding Japan (APxJ) list, making it their most preferred market not only in the region but also in the global emerging market (GEM) pack. India now holds the top position in this category, with an overweight of 75 basis points, a significant increase from nil previously.

Why private manufacturers shun super-critical thermal plants

Why private manufacturers shun super-critical thermal plants

Rediff.com27 Aug 2023

This includes distancing themselves from the new and emerging super-critical technology.

Markets end higher on foreign fund inflows; Sensex up 242 points

Markets end higher on foreign fund inflows; Sensex up 242 points

Rediff.com2 May 2023

From the Sensex firms, Tech Mahindra, NTPC, Tata Steel, Maruti, Infosys, Power Grid, Larsen & Toubro, Axis Bank, Titan, Reliance Industries, Wipro and Mahindra & Mahindra were the biggest gainers. Sun Pharma, UltraTech Cement, Tata Motors, Kotak Mahindra Bank, Bajaj Finance, State Bank of India and Nestle were among the laggards.

Markets fall amid weak global equities; Sensex ends down 230 points

Markets fall amid weak global equities; Sensex ends down 230 points

Rediff.com17 Nov 2022

Equity benchmark indices ended lower on Thursday in line with weak global market trends. The 30-share BSE Sensex declined 230.12 points or 0.37 per cent to settle at 61,750.60. During the day, it fell 337.45 points or 0.54 per cent to 61,643.27.

Sensex gains 318 points to settle at 62,346

Sensex gains 318 points to settle at 62,346

Rediff.com15 May 2023

Benchmark indices Sensex and Nifty gained around half a per cent to close at nearly five-month high levels on Monday following continuous foreign fund inflows and firm trends in Asian and European markets. Rising for a second straight day, the 30-share BSE Sensex climbed 317.81 points or 0.51 per cent to settle at 62,345.71, the highest closing level since December 14. During the day, it rallied 534.77 points or 0.86 per cent to 62,562.67.

Losses in index majors drag Sensex, Nifty down

Losses in index majors drag Sensex, Nifty down

Rediff.com20 Jan 2023

From the Sensex pack, Hindustan Unilever, Asian Paints, Bajaj Finance, Nestle, Bajaj Finserv, Reliance Industries, Larsen & Toubro, Maruti, Infosys and Bharti Airtel were the major laggards.

Markets fall for 3rd day; Sensex tumbles 568 points

Markets fall for 3rd day; Sensex tumbles 568 points

Rediff.com7 Jun 2022

Benchmark indices declined for the third day running on Tuesday, with the Sensex tumbling 567.98 points amid weak global markets and continuous foreign funds outflow. Investors were risk averse ahead of the RBI's policy decision on Wednesday, traders said. The 30-share BSE Sensex tanked 567.98 points or 1.02 per cent to settle at 55,107.34.

Markets settle with marginal gains in volatile trade

Markets settle with marginal gains in volatile trade

Rediff.com20 Apr 2023

Among the Sensex firms, Asian Paints, NTPC, Tata Motors, Bharti Airtel, State Bank of India, Larsen & Toubro, Wipro, Tech Mahindra, Tata Consultancy Services, ITC, HDFC Bank and Maruti were the biggest winners. Hindustan Unilever, Infosys, UltraTech Cement, Bajaj Finance, Nestle, Axis Bank, Reliance Industries and HDFC were among the laggards.

Markets rebound on fag-end buying; Sensex ends up 224 points

Markets rebound on fag-end buying; Sensex ends up 224 points

Rediff.com29 Dec 2022

Equity benchmarks bounced back to end in the positive territory after trading lower for most part of the session on Thursday. The 30-share BSE Sensex climbed 223.60 points or 0.37 per cent to settle at 61,133.88. During the day, it had declined 431.22 points or 0.70 per cent to 60,479.06.

Markets pare early gains; Sensex down 142 points at close

Markets pare early gains; Sensex down 142 points at close

Rediff.com24 Feb 2023

In the Sensex pack, Mahindra & Mahindra, Tata Steel, Tata Motors, Maruti, Larsen & Toubro, HDFC, HDFC Bank, Tech Mahindra and Bharti Airtel were the major laggards. Asian Paints, Bajaj Finserv, Power Grid, Reliance Industries, NTPC and UltraTech Cement were among the gainers.

Oil, banking stocks drag markets down

Oil, banking stocks drag markets down

Rediff.com12 Jan 2023

Benchmark stock indices Sensex and Nifty closed with losses in a choppy trade on Thursday as investors preferred a cautious approach ahead of inflation and industrial production data to be released later in the day. Unabated foreign fund outflows also hit the investor sentiment. The 30-share BSE Sensex declined by 147.47 points or 0.25 per cent to settle at 59,958.03.

Sensex ends down 129 points to settle at 61,432

Sensex ends down 129 points to settle at 61,432

Rediff.com18 May 2023

Among the Sensex firms, ITC, SBI, Titan, Power Grid, Larsen & Toubro, Tata Motors, Hindustan Unilever and UltraTech Cement were the major laggards.

Sensex pares most losses; ends down 104 points

Sensex pares most losses; ends down 104 points

Rediff.com20 Dec 2022

Equity benchmarks recovered most of their intra-day losses and ended marginally lower on Tuesday amid buying in index majors Reliance Industries and Tata Consultancy Services. Helped by last minute buying activity in some of the index heavyweights, the 30-share BSE benchmark Sensex managed to trim most of its early declines and ended lower by 103.90 points or 0.17 per cent at 61,702.29. During the day, it had tumbled 703.51 points or 1.13 per cent to 61,102.68.