Latest Stock Market News

Brent crude oil rose 39 cents, or 0.5%, to $73.99 a barrel by 0133 GMT, while US West Texas Intermediate (WTI) crude climbed 44 cents, or 0.5%, to $70.90 a barrel.

IDFC Ltd, the parent of IDFC Bank, on Tuesday indicated to investors that it faced challenges in pursuing a reverse merger with IDFC First Bank.

Microsoft said the buyback program has no expiration date and may be terminated at any time, and that it would pay a dividend of $0.62 per share - 6 cents over the previous quarter.

Data showed MFs held YES Bank shares worth Rs 137 crore as on August 31 compared with Rs 155 crore at the end of July. During the month, they trimmed their holding in the private lender to 15.15 crore shares from 17.67 crore shares. Retail and HNI investors owned 32.32 per cent stake in the lender at the end of the June quarter.

Alembic Pharmaceuticals Ltd., incorporated in the year 2010, is a Mid Cap company (having a market cap of Rs 15335.85 Crore) operating in Pharmaceuticals sector.

The acquisition, which is similar to its purchase of Thyrocare in June, is part of the Mumbai-based company’s plans to position itself as a broader online healthcare firm, diversifying from being just an online medicine delivery platform.

The NSE is looking into a series of freak trades that took place in its futures & options (F&O) segment in contracts on five of the most traded stocks — Reliance Industries, Bharti Airtel, HDFC, HDFC Bank and TCS.

Rakesh Jhunjhunwala and BofA Securities bought shares of Zee Entertainment Enterprises worth over Rs 225 crore through open market.

Over the mode of financing, the company said it would be done through a mix of "internal accruals and debt".

New Delhi, Sep 14 (PTI) HCL Technologies on Tuesday said it has signed a pact with South Korean software company HANCOM Inc to share advanced software technology solutions and establish a mutual bridgehead for overseas expansion.