Analysts see HAL, BEL seen as top beneficiaries of ₹1.1 trn defence buys
The government has approved a proposal to purchase about ₹1.1 trillion worth of military materiel, with 98 per cent of procurements to be made from Indian companies.
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The government has approved a proposal to purchase about ₹1.1 trillion worth of military materiel, with 98 per cent of procurements to be made from Indian companies.
The 200-DMA is a technical indicator widely used to determine the long-term trends of the underlying index or stock. Indices or stocks trading below the 200-DMA are considered to be in a downtrend.
The Japanese yen strengthened near a seven month high against the dollar on Tuesday amid increasing expectation that the Bank of Japan is likely to raise its interest rate by a quarter point at its upcoming September meeting. During the G20 summit, US Treasury Secretary Scott Bessent reportedly urged Japan’s central bank governor and finance…
For distribution of Accentrix (ranibizumab) and Pagenax (brolucizumab) in India
HLE Glascoat added 1.44% to Rs 341 after the company said that its step-down subsidiary HLE Surface Technologies GmbH has received a contract from FLC Portals Group I/S, Denmark, for supply of vitreous enamel cladding panels.
Shares of Deepa Jewellers were currently trading at Rs 200.75 at 10:10 IST on the BSE, representing a premium of 13.42% as compared with the issue price of Rs 177.
Shares of Rays of Belief were currently trading at Rs 232.20 at 10:10 IST on the BSE, representing a discount of 2.85% as compared with the issue price of Rs 239.
Shiprocket rallied 5.96% to Rs 143.27 after the company reported a narrowing of its consolidated net loss to Rs 13.71 crore in Q1 FY27 from a net loss of Rs 18.03 crore in Q1 FY26.
At 10:30 IST, the barometer index, the S&P BSE Sensex, declined 316.80 points or 0.42% to 75,816.01. The Nifty 50 index lost 88.20 points or 0.37% to 23,691.60.
The airline is majority-owned by Singapore state investor Temasek