Making a stellar debut, shares of FSN E-Commerce Ventures, which runs the online marketplace for beauty and wellness products Nykaa, closed with a huge premium of over 96 per cent against the issue price of Rs 1,125 on Wednesday. The stock debuted at Rs 2,001 apiece, reflecting a jump of 77.86 per cent on the BSE. Then, the scrip zoomed 99.83 per cent to Rs 2,248.10 during the day before closing at Rs 2,206.70.
The Sensex took just five trading sessions to surpass the 36,000-level milestone, from 35,000.
Avdheshanand urged people to not come to the Kumbh mela for bathing in large numbers due to the COVID-19 situation and to follow the rules.
Paytm founder and chief executive officer (CEO) Vijay Shekhar Sharma will receive his stock grants only after the company's market capitalisation (m-cap) stabilises at its initial public offering (IPO) level, the financial technology (fintech) major said on Wednesday. Paytm's stock price has been in free fall since its IPO at Rs 2,150 apiece, with m-cap at around Rs 1.4 trillion - plunging 76 per cent to a lifetime low of Rs 520 on March 23, when m-cap dropped below Rs 34,000 crore. Since then, the company's share price on the BSE has recovered some value and closed at Rs 637 on Wednesday.
Celeb-inspired V-Day looks to copy...
The top 10 valued firms added a total Rs 1,56,317.17 crore to their market valuation last week, helped by across the board rally which catapulted the benchmark index Sensex to the record 60,000 mark for the first time. During the last week, the 30-share BSE benchmark rallied 1,032.58 points or 1.74 per cent. The BSE Sensex made history on Friday by reaching the 60,000-mark for the first time ever. The market capitalisation (mcap) of Reliance Industries zoomed Rs 58,671.55 crore to reach Rs 15,74,052.03 crore. The m-cap of RIL went past Rs 16 lakh crore mark in intra-day trade on Thursday following a rally in its share price.
Nine of the top-10 most valued domestic companies together added a whopping Rs 2,22,591.01 crore in market valuation last week, with heavyweights RIL, TCS and HDFC twins gaining the most. During the last week, the BSE benchmark Sensex rallied 1,690.88 points or 3.21 per cent. The index reached its all-time high of 54,717.24 on August 5. Barring Bajaj Finance, rest nine companies -- Reliance Industries Ltd (RIL), Tata Consultancy Services (TCS), HDFC Bank, Infosys, Hindustan Unilever Ltd (HUL), ICICI Bank, HDFC, State Bank of India and Kotak Mahindra Bank -- logged gains.
Equity benchmarks continued their winning momentum for the third day on Thursday and jumped over 1.50 per cent, tracking an overall bullish trend in Asian equities. On the political front, the BJP headed for a second straight win in politically crucial Uttar Pradesh and dominated the trends chart in three other states. The 30-share BSE benchmark Sensex opened in the green and further zoomed 1,595.14 points or 2.91 per cent to 56,242.47 during early trade.
Recovered from Covid, Katrina shoots an ad...Aditi sends Geeli Puchis...
Dispelling fears that the swine flu threat may keep people away from theatres and multiplexes during the long weekend (August 14, 15 and 16), Kaminey, the latest Bollywood release produced by UTV, is estimated to have done business of around Rs 22 crore, with multiplexes accounting for nearly 55-60 per cent of the weekend business at the domestic box office.
The Sensex is expected to hit 24,500 by the end of 2014.
'Sure, we are teenagers who are doing this part time, but we feel we are making some sort of an impact.'
'I don't like anything negative said about my favourite Ranveer Singh.'
The current sky-high price of oil at $50 a barrel has been caused due to stockpiling by various countries, said Ged Davis, managing director, Centre for Strategic Insight, World Economic Forum, in New Delhi on Wednesday.
Thousands of truckers stayed off the roads for the fourth day on Tuesday to protest levy of a new tax, disrupting movement of goods and food-items that pushed the prices upwards.
Government-owned oil firms on Saturday increased petrol and diesel prices by Rs 1.10 and Rs 1.42 per litre respectively in step with the rise in international fuel prices.
Former US President Barack Obama has praised England forward Marcus Rashford for his work tackling child food poverty and the two discussed by video call how young people can make an impact on society.
Car designing firm Dilip Chhabria Design or DC Design, on July 15, unveiled the 'wonder car' used in Gordhan Tanwani's Rs 15-crore (Rs 150 million) thriller, Taarzan - The Wonder Car.
Deepak G C, 49, an electrical engineer, shares his fascinating story.
The stock market is likely to continue with its positive momentum but may face bouts of profit-booking amid lofty valuations in this holiday-shortened week, analysts said. The trading sentiment will be guided mostly by global trends in absence of major domestic events, they said. Markets would remain closed on Friday for 'Ganesh Chaturthi'.
India's merchandise exports rose by 22.63 per cent year-on-year to $33.79 billion in September on better performance by key sectors like engineering goods and petroleum products, according to official data released on Thursday.
Investor wealth has jumped over Rs 16.70 lakh crore as markets extended its winning streak to the sixth session on Monday. The BSE benchmark Sensex rallied 617.14 points or 1.22 per cent to close above the 51,000-mark for the first time on Monday. During the day, the benchmark index jumped to its all-time high of 51,523.38.
Nanpakal Nerathu Mayakkam is a masterpiece, and like most masterpieces of the cinema, it's a great act of folly, observes Sreehari Nair.
The Indian men and women's hockey teams have turned tech-savvy in order to maintain social distancing while continuing with their indoor workout regime during the coronavirus-forced lockdown. The core probable group housed in the Sports Authority of India Centre here suspended high-intensity hockey training in the third week of March following a nationwide lockdown.
Tracking the strong momentum in the broader market, as many as 99 stocks touched their one-year high level on the BSE on Monday.
From the 30-share pack, 18 stocks ended with gains led by SBI, which surged 27.58 per cent, and ICICI Bank 14.69 per cent.
If international crude oil prices zoom past the current level of about $90 per barrel and move towards $100 and beyond, middle-class consumers are not going to keep quiet about their discomfort, points out Arun Balakrishnan, former chairman and managing director, Hindustan Petroleum.
The market capitalisation of Tata Consultancy Services (TCS) on Wednesday breached the Rs 13.5 lakh crore mark -- the second company after Reliance Industries Ltd to achieve the feat. At close of trade, the market valuation of TCS stood at Rs 13,53,667.85 crore on BSE. The company had touched the Rs 13 lakh crore valuation level on August 17, when its market capitalisation (m-cap) stood at Rs 13,14,051.01 crore.
Double Olympic medallist, Sindhu faces top seed and World No 1 Tai Tzu Ying of Chinese Taipei in the quarter-finals. Ying beat Scotland's Kirsty Gilmour 21-10, 19-21, 21-11 to advance.
'I was shocked by the kidnapping episode. I could have lost my life.'
The 30-share BSE Sensex opened positive, but shed some ground to settle the session higher by 250.47 points, or 0.78 per cent, at 32,432.69, its biggest closing since August 2.
Boseman, who died in August at the age of 43 following a four year-long private battle with colon cancer, won the award in the Best Performance by an actor in a Motion Picture category.
Investors have gained Rs 3,93,349.08 crore in four days following a strong rally in the equity markets amid a declining trend in COVID-19 cases. In four consecutive sessions of gains, the 30-share BSE Sensex has climbed 1,299.91 points or 2.56 per cent. The BSE benchmark index on Monday closed at 51,937.44, a gain of 514.56 points or 1 per cent. In four days, the market capitalisation of BSE-listed companies zoomed Rs 3,93,349.08 crore to close at a record high of Rs 2,22,99,810.27 crore on Monday.
An online shooting tournament, held in bedrooms and basements, brought some positivity and a smile on the face of a young national- level shooter undergoing treatment for cancer in a Kolkata hospital. From her hospital bed, the ailing markswoman joined the proceedings in the second international online shooting championship through Zoom App, and expressed her delight at being part of an initiative that also resulted in a virtual post-match press conference.
Namrata Thakker peeks into the travel diaries of these celebs.
Custom car maker Austin Coulson in the US set the record as the owner of the smallest roadworthy car, which he can legally drive on the road.
The market capitalisation of BSE-listed companies reached an all-time high of Rs 261.73 lakh crore on Thursday, helped by a massive rally in the equities where the benchmark Sensex zoomed 958 points to end at a fresh lifetime peak. The 30-share BSE benchmark jumped 958.03 points or 1.63 per cent to settle at its new closing peak of 59,885.36. During the day, it gained 1,029.92 points to touch an intra-day record high of 59,957.25.
