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With Sensex below 567.98 points (1.02%) equity benchmark declined for the third consecutive day on June 7. Notably, the 30-share Bombay Stock Exchange (BSE) Sensex settled at 55,107.34, whereas the National Stock Exchange (NSE) Nifty fell by 153.20 (0.92%) and ended at 16,416.35. Furthermore,  international oil benchmark Brent crude dipped 0.26% to USD 119.2 per barrel. The points fell a day ahead of the new RBI-policy announcement, on June 8… read-more

Energy and IT sectors helped Indian markets recover from session lows to end higher on November 25, with Reliance Industries leading the way with a 6% gain. NSE Nifty jumped 0.7% to 17,536.25, while BSE Sensex gained 0.78 percent to 58,795.09. "Since Reliance declared a stop in its contract with Saudi Arabia's Aramco, there has been a lot of shopping," said Rahul Shah, VP-Equity Advisory at Motilal Oswal Financial Services Ltd.

The Initial Public Offering (IPO) of Paras Defence and Space Technologies concluded in September and the shares listed were surprisingly fully subscribed within an hour of the sale. The company is amongst the leaders of the ‘indigenously designed developed and manufactured’ defence and space sector enterprises. Even though the sales of the company took a plunge during the pandemic and the EBITDA margins expanded during the period.

Microsoft becomes the second company in US to reach $2 trillion market value after Apple.Inc. Microsoft's shares rose by 1.2% on June 22, allowing its valuation to reach a remarkable milestone by Apple so far. The company is spearheaded by Satya Nadella who took over in 2014. Microsoft's success in the share market can be attributed to its cloud computing technology which has been in high demand. 

A total loss of Rs 1,11,799.05 crore was faced by eight leading companies in the first week of September.  ICICI Banks and Reliance Industries Limited alone faced a combined loss of Rs 49,693.28 crore. In addition to them, HDFC, Kotak Mahindra Bank, ITC, Infosys, Hindustan Unilever also faced losses in their market value. On the contrary, TCS and HDFC banks faced a combined gain of Rs 22,398.11 crore in their values.