Hospital equities rose significantly on Monday, January 6, in an otherwise sluggish market, after the Union Health Ministry verified the presence of three instances of Human Metapneumovirus (HMPV). These patients are part of a nationwide surveillance program for respiratory infections. The detections, which included two instances in Karnataka and one in Gujarat, came amid reports…
India’s share market fell dramatically on Monday, owing to concerns about the new HMPV virus, continued selling by foreign institutional investors (FIIs), and weaker global cues. The Sensex closed 1,258.12 points, or 1.59% lower, at 77,964.99, while the Nifty slid 388.70 points, or 1.62%, to 23,616.05. During intraday trading, the two indices fell to 1.88%….
Jyoti CNC Automation, one of the major producers of metal-cutting computer numerical control equipment, has generously rewarded its shareholders since its debut, with shares steadily rising and smashing new records month after month. In January 2024, the shares were worth ₹553 each. Today, they are worth ₹1,366 each share, a 147% increase. The stock has…
Shares of chemical companies SRF Ltd and Navin Fluorine International rose by up to 14% on Thursday, according to Equirus Capital. The analysis indicated a significant increase in global refrigerant gas prices, which boosted investor interest in the two companies. The rise was caused by supply restrictions in critical refrigerant gases, R32 and R125, according…
On Thursday, Davin Sons Retail’s share price was listed at ₹44, 20% lower than its issuance price on the BSE SME. The issue, which began on January 2, 2025, and ended on January 6, 2025, garnered a tremendous response, with 120.8 subscriptions. Davin Sons Retail’s share price fluctuated from ₹41.90 to ₹46.20. The share price…
HDFC Mutual Fund has upped its position in Axis Bank by 5 basis points, to 5.02 per cent from 4.97 per cent, indicating the fund house’s trust in the bank’s development prospects. In a statement issued on Wednesday, January 8, the fund house stated that “the aggregate holdings of HDFC Mutual Fund in Axis Bank…
Tata Technologies’ stock price rose more than 3% on Wednesday after the company announced a strategic alliance with automotive semiconductor solutions business Telechips at CES 2025. Tata Technologies shares surged 3.41% to a high of ₹912.00 on the BSE. Tata Technologies and Telechips have inked a strategic Memorandum of Understanding (MoU) to develop automotive software…
Exicom Tele-Systems, an Indian manufacturer of EV charging and critical power solutions, saw its shares rise 5% to ₹250 in early trade on Wednesday, January 8. The increase came after the company signed a Memorandum of Understanding (MoU) to construct EV charging infrastructure. The firm informed investors on Tuesday via an exchange filing that it…
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…