Month: June 2023

Hyundai Group opens first dedicated EV plant in Korea Kia AutoLand, Executive Chair Euisun Chung says needs to be future-readyHyundai Group opens first dedicated EV plant in Korea Kia AutoLand, Executive Chair Euisun Chung says needs to be future-ready

Hyundai Motor Group (the Group) held its 2024 New Year address at Kia AutoLand Gwangmyeong, its first dedicated electric vehicle (EV) plant in Korea and outlined its future focus area. Under the theme ‘Together, a Valuable Start,’ Hyundai Motor Group Executive Chair Euisun Chung stated, “Our mission this year will be ‘Consistency and Sustainability’ consistently […]

Park Hotels owner files draft papers for Rs 1,050 crore IPO with SebiPark Hotels owner files draft papers for Rs 1,050 crore IPO with Sebi

Apeejay Surrendra Park Hotels Ltd, which runs hotels under the “The Park” brand, has filed preliminary papers with capital markets regulator Sebi to raise Rs 1,050 crore through an initial public offering (IPO). The IPO comprises a fresh issue of equity shares worth Rs 650 crore and an offer for sale (OFS) of equity shares […]

Updater Services sets Rs 280-300 price band for Rs 640-cr IPOUpdater Services sets Rs 280-300 price band for Rs 640-cr IPO

Chennai-based integrated facilities management firm Updater Services on Thursday announced the price band for its Rs 640-crore public offering, at Rs 280-300 per share, for the issue opening on September 25. The company which started way back in 1987 in Chennai, claims to be the market leader with a revenue of Rs 2,100 crore in […]

Profit booking likely to continue, Nifty could retest 18200; Wipro, Bajaj Finserv among top stocks to buyProfit booking likely to continue, Nifty could retest 18200; Wipro, Bajaj Finserv among top stocks to buy

By Shrikant Chouhan The benchmark indices witnessed profit booking at higher levels on Tuesday, the Nifty ended 125 points lower while the Sensex was down by 413 points. Among Sectors, almost all the major sectoral indices witnessed selling pressure at higher levels but Media and Auto indices lost the most, both the indices shed over […]

Jio Financial Services shares recover after hitting lower circuit limits for five daysJio Financial Services shares recover after hitting lower circuit limits for five days

Shares of Jio Financial Services Ltd, the demerged financial services unit of Reliance Industries, bounced back on Friday to settle in the positive territory on the NSE after unabated selling pressure since its market debut on Monday. Recovering from a four-day slide, JFSL ended at Rs 214.50, up 0.49 per cent on the NSE. During […]

Bank Nifty support near 45,200; Nifty trade sentiment is ‘buy on dips’Bank Nifty support near 45,200; Nifty trade sentiment is ‘buy on dips’

By Manojh Vayalar The July series Nifty futures started with a premium of around 95 points for the current month. For the Nifty futures, FII maintained around 40% short positions, lower than the last month’s series, which is now currently around 30% shorts. The index witnessed a long buildup rally since the start of this […]

Share Market Highlights: Nifty settles above19540, Sensex above 65630; Bank Nifty adds over 240 pointsShare Market Highlights: Nifty settles above19540, Sensex above 65630; Bank Nifty adds over 240 points

Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark domestic indices ended Thursday’s trading session in positive territory.The NSE Nifty 50 gained 0.56% to settle at 19,545.75, while the BSE Sensex added as much as 405.53 points to 65,631.57. The border indices settled largely in green with gains led by Smallcap stocks, […]