Latest Stock Market News

The National Stock Exchange (NSE) has sold its Digital Examination Business (DEX) to CL Educate Limited for Rs 230 crores. In an exchange filing, CL Educate announced that its board approved the acquisition of DEX from NSEIT Limited on Thursday.

The rupee consolidated in a narrow range and settled for the day higher by 3 paise at 83.86 (provisional) against the American currency on Friday, supported by a firm trend in domestic equities and the weakness of the American currency in the overseas market. Forex traders said the rupee gained on Friday as domestic markets touched fresh record highs.

In his AGM speech, Mukesh Ambani emphasized AI and deep-tech but did not mention IPOs or listings for Reliance Jio and Reliance Retail. Investors had hoped for a 2025 timeline for these monetizations, but RIL shares fell 0.5% as no new target prices were set.

Dalal Street has seen a record-breaking rally, taking the Nifty index to a new all-time high of 25,268. This marks the first instance of Nifty rising consecutively for 12 sessions since its launch in 1996. Analysts suggest future market movement may hinge on key economic indicators and corporate earnings.

The State Bank of India (SBI) is enhancing its technology and digital footprint, adding 50,000 to 60,000 savings accounts daily. Chairman CS Setty anticipates steady credit growth and a strong corporate balance sheet. SBI is targeting growth in MSME and agriculture sectors, with aspirations to surpass Rs 1 lakh crore in profits.

in today’s session, seven Nifty50 stocks reached new 52-week highs. Here’s the list.

Indian headline equity indices Nifty50 and Sensex hit fresh record highs on Friday, driven by gains in financials and IT stocks, following U.S. economic data that eased growth concerns.

Promoters held 30.3 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 15.08 per cent and 25.34 per cent, respectively.

​The global factors I think is the biggest risk factor to watch over the next 6 to 12 months. We have seen some shake in terms of the US employment situation. As of now it still looks a moderation rather than a big slowdown in US growth, but that could potentially be something of a risk we need to monitor.