Nvidia’s stock fell more than 6% on Tuesday, the greatest single-day drop in four months, after closing at a record high the day before. Nvidia’s stock dropped 6.22% to settle at $140.14. Before Tuesday’s decline, Nvidia’s stock price had more than tripled in the previous 12 months. On Monday, the shares of an artificial intelligence…
Suzlon’s stock price rose more than 3% on Tuesday, halting a three-day losing run. The renewable energy stock was held at a 5% lower circuit in the previous session. On January 7, Suzlon shares surged 3.65% to a high of ₹61.03 on the BSE. Suzlon shares fell 5% to ₹58.06 per share on Monday, reaching…
India’s stock markets closed higher on Tuesday as concerns about HMPV abated due to improved surveillance across the country. Domestic benchmark indexes rose in response to favourable global trends, with purchasing interest seen in sectors including metals, media, energy, commodities, PSU banks, financial services, pharmaceuticals, and FMCG. The Sensex closed at 78,199.11, up 234.12 points…
The Human Metapneumovirus (HMPV) is already in circulation worldwide, including in India, according to the Health Ministry on Monday (January 6, 2025), adding that none of the cases in India had any travel history and that all affected individuals are healing well. “The virus occurrence in India is not new,’’ emphasised the Ministry. In a…
It’s easy to get caught up in the knots of panic that social media messages cause. As you begin your day by browsing through your feed, you are confronted with headlines showing scary updates about Human Metapneumovirus (HMPV), a respiratory ailment that, until recently, most people were unaware of. Doesn’t it seem like the world…
With the ongoing HMPV virus worry, airline and hotel stocks fell nearly 5% on Monday after the government announced two viral cases in India. Indigo’s parent company InterGlobe Aviation’s stock declined 4.42 percent to settle at ₹4262.1, while Spice Jet’s stock dropped 4.88 percent to ₹53.02 on Monday, January 6. TAJGVK Hotels & Resorts Limited,…
Kalyan Jewellers’ stock soared more than 4% in early trading on Tuesday after the company published business updates for the third quarter of FY25. Kalyan Jewellers shares rose 4.84% to ₹781.00 on the BSE. Kalyan Jewellers India reported a consolidated revenue rise of nearly 39% in Q3FY25 when compared to the same time in the…
Maharashtra Natural Gas (MNGL), a joint venture between BPCL, GAIL, and IGL, plans to raise over ₹1,000 crore through an IPO, according to a company filing by BPCL on January 6. The board has given preliminary approval for the offering. “We would however like to mention that there has been a news report that MNGL,…
On Friday, January 3, Indo Farm Equipment shares debuted flat at ₹256 on NSE, a 19% premium to the issue price of ₹215. On BSE, it listed at ₹258.40, up 20.19% from the IPO price. Indo Farm Equipment’s ₹260.15 crore IPO was open for subscription from December 31 to January 2. The Indo Farm Equipment…
Paras Defence and Space Technologies’ shares rose 10% in early morning trading on Tuesday, January 7, after the business announced that it had been awarded a license under the Arms Act of 1959. The business stated in an exchange filing that this license allows Paras Defence to manufacture MK-46 and MK-48 Belt-fed Light Machine Guns…