Category: Business News & Economy

Sensex Today | Stock Market LIVE Updates Wednesday: The GIFT Nifty signalled a tepid open for the benchmark Nifty50. Asian markets declined on a chip stocks sell-off

Stocks to buy today: HAL, Samvardhana Motherson and Sona BLW among three stock recommendations by MOFSL’s Chandan Taparia.

On August 18, five Nifty500 stocks that gained over 3% were identified using the RSI Trending Up scan, based on data from StockEdge.com. An uptrend signal is generated when the RSI value crosses above 50 from below, indicating strengthening price momentum and potential upward movement in the stocks.

Hindalco Share Price Live Updates: Hindalco’s Stock Sees a Minor Weekly Drop

India Inc’s impressive earnings in the first quarter might not sustain their momentum into the latter half of the year. Diminishing effects from favorable base conditions and a slowdown in consumption stimulation are anticipated. Additionally, while a declining rupee and rising commodity costs have provided brief respite, analysts caution that profit growth could significantly slow…

The Competition Commission of India has approved Prudential Corporation of India’s acquisition of certain equity shareholding in Bharti Life Insurance Company. The transaction is still subject to other applicable regulatory and statutory approvals.

Mazagon Dock Shipbuilders in April had announced that its board of directors have recommended a final dividend of Rs 4.62 per share for the financial year 2026. The company later fixed August 20 as the record date to determine the eligibility of shareholders set to receive the payment.

Gift Nifty was trading around the 24,187 level, down nearly 42.60 points from the Nifty futures’ previous close, indicating a negative start for the Indian stock market indices.

The Rs 1,617.48-crore IPO, which was open for subscription from August 12 to August 14, received an overwhelming response from investors. The issue was subscribed 99.38 times overall, reflecting exceptionally strong demand across investor categories.

US-Iran war: Brent crude futures rose 26 cents, or 0.29%, to $91.28 a barrel, while US West Texas Intermediate crude gained 37 cents to trade at $85.31 per barrel.