The Indian stock market benchmark Nifty 50 jumped almost 4 per cent to its record high of 23,338.70 in morning trade on Monday, June 3, after exit polls predicted the BJP-led NDA may retain power at the Centre with a strong majority. According to experts, the prospects of political stability and expectations of policy continuity …
Stocks to buy: Despite concerns over valuation and election-related uncertainties, the Indian stock market achieved remarkable milestones last week. Benchmarks the Nifty 50 reached a new high of 23,026.40, and the Sensex set a fresh peak at 75,636.5 on Friday, May 24. This upward trend continued into the second consecutive week, with both the Sensex …
Zomato: Antfin Singapore Holdings Pte, a subsidiary of the China-based Ant Group, is reportedly planning to sell up to 2% stake or 17.64 crore shares in the food delivery platform Zomato. The transaction, which is expected to be worth ₹2,800 crore, will be conducted through a block deal, reported CNBC-Awaaz on Tuesday. The block deal’s …
Samvardhana Motherson International Ltd on Friday announced three acquisitions valued at over Rs 380 crore in aerospace, health and medical sectors to strengthen its non-automotive businesses further. The aerospace division of Samvardhana Motherson International Ltd (SAMIL) is building its capabilities in a phased and strategic manner, enabling it to offer a much wider range of …