Latest Stock Market News

Hexaware Technologies, a global digital and technology services firm with AI at its core, filed its DRHP in September to raise Rs 9,950 crore via an IPO, entirely an offer for sale by CA Magnum Holdings, a Carlyle Group affiliate. Hexaware, delisted from Indian bourses in 2020, provides services in design, data, AI, cloud, and more.

Markets regulator Sebi on Monday proposed broadening the definition of Not-for-Profit Organizations (NPOs) and expanding eligible activities to include welfare for disadvantaged groups and promoting arts and culture as social enterprises.

The U.S. dollar extended its fall after U.S. President-elect Donald Trump was quoted as saying he will not impose U.S. tariffs yet at his inauguration, which is set to take place later in the session.

Tracking foreign institutional investors (FIIs) can offer valuable insights, as an ETMarkets study found FIIs increased investments in 173 small-cap stocks in FY25’s first three quarters, with 16 becoming multibaggers and 6 surging over 150%.

Indian markets ended positively on Monday, with Sensex gaining over 400 points and Nifty50 closing above 23,300, driven by buying in utilities, banks, and telecom sectors.

Mangalore Refinery and Petrochemicals Ltd (MRPL) on Monday reported a 21 per cent drop in its third-quarter net profit as revenues slid, negating a rise in refinery margins.

Indian Overseas Bank plans to raise ₹2,000 crore by selling shares to institutional investors, reducing government stake. Q3FY24 net profit rose 21% YoY to ₹874 crore, driven by strong income growth.

Paytm, operated by One 97 Communications, is set to report its December quarter earnings, with revenue expected between Rs 1,842 crore and Rs 1,826 crore, a 35-36% YoY decline. Yes Securities predicts an EBITDA loss of Rs 100 crore and Emkay Research estimates a net loss of Rs 346 crore.