News for 'Tata Capital'

Sensex climbs over 379 points; Nifty above 17,800

Sensex climbs over 379 points; Nifty above 17,800

Rediff.com16 Aug 2022

Benchmark BSE Sensex rose by over 379 points on Tuesday as gains in oil & gas, banking and auto shares helped the barometer continue winning run for the third straight session. The 30-share BSE benchmark index advanced 379.43 points or 0.64 per cent to settle at 59,842.21. During the day, it jumped 460.25 points or 0.77 per cent to 59,923.03. The broader NSE Nifty climbed 127.10 points or 0.72 per cent to 17,825.25 as 42 of its constituents advanced.

Selling in auto, metal stocks drag Sensex down 196 pts

Selling in auto, metal stocks drag Sensex down 196 pts

Rediff.com30 Nov 2021

Tata Steel was the top loser in the Sensex pack, shedding around 4 per cent, followed by Kotak Bank, Bajaj Auto, M&M, Bharti Airtel, Reliance Industries, IndusInd Bank and Maruti. NSE Nifty declined 70.75 points to close at 16,983.20.

Sensex pares gains to settle over 100 points lower

Sensex pares gains to settle over 100 points lower

Rediff.com5 Jul 2022

Benchmark BSE Sensex on Tuesday gave up intra-day gains to close lower by a little over 100 points on emergence of fag-end selling in FMCG, banking and IT stocks and weak opening in European stock markets. The 30-share BSE index declined 100.42 points or 0.19 per cent to settle at 53,134.35. During the day, it jumped 631.16 points or 1.18 per cent to 53,865.93.

How Ukraine war has put India's automakers in a fix

How Ukraine war has put India's automakers in a fix

Rediff.com29 Mar 2022

The sharp increase in commodity prices on account of the Russia-Ukraine war has put automakers in a fix. After the frequent price hikes in the current fiscal, manufacturers fear that any more price increases may further dent the already weak demand in certain segments. "We have taken several hikes and cannot immediately do it again. "We will have to closely watch the situation and act accordingly," said an official at an auto firm, declining to be identified. Even for companies like Tata Motors Passenger Vehicles, which has had a strong volume run and a robust order book, passing on the entire costs has been tough.

IPL Auction 2022: Kishan, Chahar top buys on Day 1

IPL Auction 2022: Kishan, Chahar top buys on Day 1

Rediff.com12 Feb 2022

Ishan Kishan's Rs 15.25 crore winning bid from Mumbai Indians bettered the Rs 14 crore figure that Chennai Super Kings paid to retain Deepak Chahar.

Sensex, Nifty end flat after choppy trade

Sensex, Nifty end flat after choppy trade

Rediff.com30 Jun 2022

Benchmark indices ended on a flat note on Thursday as fag-end selling wiped out intra-day gains amid weak global trends. The BSE benchmark Sensex slipped 8.03 points or 0.02 per cent to settle at 53,018.94. During the day, it had gained 350.57 points or 0.66 per cent to 53,377.54. Similarly, the broader NSE Nifty fell 18.85 points or 0.12 per cent to close at 15,780.25.

Sensex spurts 389 points as oil, metal stocks recover

Sensex spurts 389 points as oil, metal stocks recover

Rediff.com28 Feb 2022

Among major Sensex movers, Reliance Industries soared by 3.29 per cent as energy prices rose due to the war in Ukraine. Tata Steel emerged as the lead gainer among Sensex scrips, jumping by 6.61 per cent. Power Grid, Titan, NTPC, ICICI Bank, L&T, Infosys and Sun Pharma were among the gainers.

Sensex reclaims 60,000-mark as bulls tighten grip

Sensex reclaims 60,000-mark as bulls tighten grip

Rediff.com17 Aug 2022

The BSE Sensex maintained its winning run for the fourth session on the trot on Wednesday to reclaim the 60,000-level after a gap of over four months as investors remained upbeat amid softening crude oil prices and persistent foreign fund inflows. A strengthening rupee and positive Asian markets further bolstered sentiment, traders said. The 30-share BSE benchmark jumped 417.92 points or 0.70 per cent to settle at 60,260.13 -- closing above the psychologically key 60,000-mark for the first time since April 5 this year.

Sensex tumbles 383 pts on escalating Russia-Ukraine tensions

Sensex tumbles 383 pts on escalating Russia-Ukraine tensions

Rediff.com22 Feb 2022

The BSE benchmark Sensex plummeted about 383 points to close at 57,300-level on Tuesday, tracking massive selloffs in global markets. After sinking about 1,300 points in early deals, the Sensex staged a sharp recovery but still ended 382.91 points or 0.66 per cent lower at 57,300.68. The NSE Nifty too reclaimed part of its early losses before closing 114.45 points or 0.67 per cent lower at 17,092.20. On the Sensex chart, Tata Steel, TCS and SBI fell the most, losing as much as 3.64 per cent. Of the 30 Sensex constituents, 20 closed in the red. "Escalations in Ukraine tensions with Russia recognising two pro-Russian rebel regions have aggravated the crisis. "The economic consequences are already visible in higher crude and gold prices," VK Vijayakumar, chief investment strategist at Geojit Financial Services, said.

Premji, a lucky mascot for Biyani's Future Retail

Premji, a lucky mascot for Biyani's Future Retail

Rediff.com26 Dec 2014

Azim Premji's Rs 175-crore (Rs 1.75-billion) investment in Future Retail will help Kishore Biyani tide through crisis.

Sensex zoomed 934 points to settle at 52,532

Sensex zoomed 934 points to settle at 52,532

Rediff.com21 Jun 2022

Benchmark indices advanced for the second straight session on Tuesday, with the Sensex and Nifty jumping nearly 2 per cent each, mirroring a rally in global equity markets. Buying in index majors Reliance Industries and IT stocks buoyed the benchmarks. The BSE Sensex zoomed 934.23 points or 1.81 per cent to settle at 52,532.07. During the day, it rallied 1,201.56 points or 2.32 per cent to 52,799.40. The NSE Nifty climbed 288.65 points or 1.88 per cent to finish at 15,638.80.

Dragged by RIL, Sensex ends down 306 points

Dragged by RIL, Sensex ends down 306 points

Rediff.com25 Jul 2022

Benchmark indices fell on Monday with the BSE Sensex declining 306 points, mainly dragged down by Reliance Industries. Foreign funds outflow also added to the overall bearish trend in equities on Monday. The 30-share BSE benchmark fell 306.01 points or 0.55 per cent to settle at 55,766.22. During the day, it declined 535.15 points or 0.95 per cent to 55,537.08. The broader NSE Nifty dipped 88.45 points or 0.53 per cent to 16,631.

Markets in freefall after US Fed's rate hike, Sensex down by 1046 pts

Markets in freefall after US Fed's rate hike, Sensex down by 1046 pts

Rediff.com16 Jun 2022

Equity indices faced a heavy drubbing on Thursday after an initial rally, with Sensex tanking 1,045.60 points amid a largely bearish trend overseas after the US Federal Reserve hiked rates by 75 basis points.

Sensex gains 395 pts; banking stocks, financials lead rally

Sensex gains 395 pts; banking stocks, financials lead rally

Rediff.com5 Jul 2021

State Bank of India was the top gainer in the Sensex pack, climbing nearly 2 per cent, followed by Tata Steel, L&T, Bajaj Finserv, Axis Bank, Bajaj Finance, M&M and ICICI Bank. NSE Nifty surged 112.15 points to 15,834.35.

Rupee @ 80: Forex deficit to hurt India Inc's margins

Rupee @ 80: Forex deficit to hurt India Inc's margins

Rediff.com28 Jul 2022

The rupee breached the 80-mark against the dollar on Tuesday. The steady depreciation in the value of the rupee against the US dollar is likely to prove expensive for corporate India. The listed companies' revenue expenses in foreign currency or imports exceed their export revenues or revenue earnings in forex. In their latest financial year, BSE500 companies, excluding banks and non-banking finance companies and insurance (BFSI), reported combined forex expenses of Rs 12.31 trillion against forex earnings of around Rs 10 trillion.

IT, financial stocks drag Sensex down by 773 points

IT, financial stocks drag Sensex down by 773 points

Rediff.com11 Feb 2022

Tech Mahindra was the top loser in the Sensex pack, shedding around 3 per cent, followed by Infosys, HCL Tech, SBI, Kotak Bank and HDFC. NSE Nifty plunged 231.10 points to 17,374.75.

'Will love Ashwin plotting a Mankad with Buttler...'

'Will love Ashwin plotting a Mankad with Buttler...'

Rediff.com12 Feb 2022

As Ashwin will now be sharing the dressing room with Buttler, Twitter enjoyed a field day.

Why Piyush Goyal is peeved at some in India Inc

Why Piyush Goyal is peeved at some in India Inc

Rediff.com23 Aug 2021

Union Minister of Commerce and Textiles Piyush Goyal has stirred up a hornet's nest by taking on India Inc, specifically the Tata group, which is among the companies that lobbied against the Modi government's pro-consumer draft e-commerce policies. While Goyal's comments, made at a Confederation of Indian Industry (CII) event, were streamed live on YouTube, the industry lobbying body later edited the video and subsequently withdrew the entire speech. Goyal had said the Tata group and other Indian companies often lobbied for their interest, while ignoring national interest.

Modi inaugurates new Parliament, installs sacred Sengol in Lok Sabha

Modi inaugurates new Parliament, installs sacred Sengol in Lok Sabha

Rediff.com1 Jun 2023

Prime Minister Narendra Modi inaugurated the new Parliament building Sunday morning and installed the scared 'Sengol' in the Lok Sabha chamber, right next to the Speaker's chair, after performing a puja.

Sensex ends in green; RIL, Tata Motors, ONGC put up a good show

Sensex ends in green; RIL, Tata Motors, ONGC put up a good show

Rediff.com15 Jun 2015

Sensex may remain under pressure this week due to weak global factors.

ASK SAMRAAT: Buy, hold or sell?

ASK SAMRAAT: Buy, hold or sell?

Rediff.com4 May 2023

Invest in quality companies that make profits, advises stock market expert and rediffGURU Samraat Jadhav.

AI brings back 489 citizens from Ukraine; private carriers step in too

AI brings back 489 citizens from Ukraine; private carriers step in too

Rediff.com1 Mar 2022

On Monday, the fifth Air India flight landed in Delhi from Bucharest with 249 Indian nationals while the sixth flight arrived from Budapest here with 240 Indian nationals, the officials said.

At $171 billion in 2022, India Inc clinches highest ever yearly M&As

At $171 billion in 2022, India Inc clinches highest ever yearly M&As

Rediff.com19 Dec 2022

Aided by the $57.8-billion merger of HDFC Bank and HDFC, India Inc reported its highest ever mergers and acquisitions in calendar 2022 at $171 billion as against deals worth $145 billion announced last year. The acquisition by the Adani group across cement, media and ports dominated the headlines with the conglomerate making its foray into the cement sector by buying Swiss materials firm Holcim's stake in Ambuja Cements for $6.5 billion. The Adani family's additional $4-billion open offer for Ambuja did not get a response because shareholders preferred to stay invested with the new owner.

Sensex slides again, loses 2778 pts in four days

Sensex slides again, loses 2778 pts in four days

Rediff.com15 Jun 2022

Sliding for the fourth straight day, the BSE Sensex shed 152 points in choppy trade on Wednesday amid mixed global cues ahead of the US Federal Reserve's policy decision.

Sensex edges higher on gains in auto, energy stocks

Sensex edges higher on gains in auto, energy stocks

Rediff.com17 Jan 2022

Ultratech Cement was the top gainer in the Sensex pack, surging nearly 3 per cent, followed by M&M, Maruti, Tata Steel, TCS, L&T, SBI and HUL. NSE Nifty advanced 52.35 points to 18,308.10.

Tatas, Birlas, Ambanis take discount e-tailers head on

Tatas, Birlas, Ambanis take discount e-tailers head on

Rediff.com28 Oct 2015

VCs have been especially bullish about India.

Investors poorer by Rs 4.90 lakh cr as Sensex tumbles nearly 2%

Investors poorer by Rs 4.90 lakh cr as Sensex tumbles nearly 2%

Rediff.com23 Sep 2022

Investors' wealth eroded by over Rs 4.90 lakh crore on Friday amid a sharp fall in equities. The 30-share BSE Sensex tanked 1,020.80 points or 1.73 per cent to settle at 58,098.92. During the day, it tumbled 1,137.77 points or 1.92 per cent to 57,981.95. The market capitalisation of the BSE-listed firms plummeted by Rs 4,90,162.55 crore to Rs 2,76,64,566.79 crore on Friday.

'Do I need to rebalance my MF portfolio?'

'Do I need to rebalance my MF portfolio?'

Rediff.com30 Nov 2022

Nikunj Saraf, Vice President Choice Wealth, answers your queries.

Sensex tumbled 709 points following weak global trends

Sensex tumbled 709 points following weak global trends

Rediff.com22 Jun 2022

Equity indices slipped in the negative territory on Wednesday after a two-day breather, with the BSE Sensex tumbling 709.54 points following weak trends in global markets. Unabated foreign fund outflows also played spoilsport for the bourses. The 30-share BSE Sensex tanked 709.54 points or 1.35 per cent to settle at 51,822.53. During the day, it declined 792.09 points or 1.50 per cent to 51,739.98.

H1FY23: Adani Stocks Add Rs 7.28 tn

H1FY23: Adani Stocks Add Rs 7.28 tn

Rediff.com17 Oct 2022

All nine Adani stocks saw a rise in their share price in H1FY23, ranging from 6.1% in case of Adani Ports to 102% in case of Adani Power.

Tata Power to raise Rs 14,000 cr for new plant

Tata Power to raise Rs 14,000 cr for new plant

Rediff.com1 Jun 2007

In the current financial year, TPC has planned capital expenditure of Rs 2,670 crore for their projects in Trombay, Haldia and in adding capacity to their wind power and digiset generating systems.

Market starts 2022 with a bang: Sensex soars 929 pts to reclaim 59K

Market starts 2022 with a bang: Sensex soars 929 pts to reclaim 59K

Rediff.com3 Jan 2022

Among the prominent gainers on the Sensex chart were Bajaj Finance, Bajaj FinServ, ICICI Bank, Axis bank, Tata Steel, IndusInd Bank and HDFC Bank -- rising as much as 3.50 per cent. NSE Nifty soared 271.65 points to settle at 17,625.70.

Hold On To Equity Funds in 2023

Hold On To Equity Funds in 2023

Rediff.com19 Jan 2023

Many investors want to exit equities now and re-enter when they begin to rise. Such timing is difficult to pull off.

EVs to drive auto capex up by Rs 70,630 crore in 5 years

EVs to drive auto capex up by Rs 70,630 crore in 5 years

Rediff.com13 Jun 2022

Automobile manufacturers, new and old, as well as ancillary suppliers are set to spend a combined Rs 70,630 crore over the next five years on either entering the electric vehicle segment or stepping up their presence in it. Data culled from announcements made by firms shows India, the world's fifth largest automobile market, is poised to receive one of the biggest capex pushes ever to fuel the transition from internal combustion engines to electric motors and batteries as part of a green drive. The EV push, egged on by the government's emphasis on electric mobility to meet its net zero targets, is expected to yield at least 25 electric vehicles - new ones as well as electrified versions of existing vehicles running on internal combustion engines.

IPL Auction Day 1: The players, their price

IPL Auction Day 1: The players, their price

Rediff.com12 Feb 2022

Here's the full list of players sold on Day 1:

What Will China Attack First?

What Will China Attack First?

Rediff.com12 Jun 2023

In all likelihood, the next conventional Chinese attack on India would be preceded by a massive cyber attack designed to cripple Indian networks and interfere with our disaster-relief programmes.

Sensex plunges 778 pts on escalating Russia-Ukraine tensions

Sensex plunges 778 pts on escalating Russia-Ukraine tensions

Rediff.com2 Mar 2022

BSE benchmark Sensex plummeted 778 points to close below the 55,500-level on Wednesday following a broad-based selloff in global markets as the Russia-Ukraine crisis escalated. The 30-share BSE index ended 778.38 points or 1.38 per cent lower at 55,468.90. Similarly, the NSE Nifty plunged 187.95 points or 1.12 per cent to 16,605.95.

Bank, energy stocks push Sensex into red; ends down 143 points

Bank, energy stocks push Sensex into red; ends down 143 points

Rediff.com4 Feb 2022

Falling the second consecutive session, equity benchmark Sensex dropped over 140 points on Friday, tracking weakness in banking and energy stocks amid a mixed trend overseas. Investors also remained concerned over persistent foreign fund outflows, traders said. The 30-share BSE index ended 143.20 points or 0.24 per cent lower at 58,644.82. Similarly, the NSE Nifty shed 43.90 points or 0.25 per cent to close at 17,516.30.

Sensex sinks 1,024 points; banks, financials drag

Sensex sinks 1,024 points; banks, financials drag

Rediff.com7 Feb 2022

HDFC Bank was the top loser in the Sensex pack, shedding over 3.5 per cent, followed by Bajaj Finance, L&T, HDFC, Bajaj Finserv, HDFC and Kotak Bank.