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Stock market update: Sensex climbs 176 points to 74,515 in early trade, Nifty up 50 points to 22,620
Stock market update: Sensex climbs 176 points to 74,515 in early trade, Nifty up 50 points to 22,620

p In the early hours of trading on Friday, stock markets witnessed a significant uptick, marking the sixth consecutive day of gains, driven by robust buying in Tech Mahindra and positive trends in Asian markets. The 30-share BSE Sensex soared by 176.47 points to reach 74,515.91, while the NSE Nifty climbed 50.05 points to stand at 22,620.40. /p b b Tech Mahindra steals the show /b /b

Multibagger stock: Realty major expands portfolio with new acquisition
Multibagger stock: Realty major expands portfolio with new acquisition

p Infrastructure company Hazoor Multi Projects Ltd (HMPL), a microcap listed on the Bombay Stock Exchange (BSE), has announced its acquisition of Square Port Shipyard Private Limited, headquartered in Kolkata. The move revealed through an exchange filing on April 22, signifies Hazoor Multi Projects strategic initiative to broaden its operations and diversify its business portfolio. /p b b

Stock in focus: Rajesh Palviya of Axis Securities recommends to buy, hold, and accumulate MCX today
Stock in focus: Rajesh Palviya of Axis Securities recommends to buy, hold, and accumulate MCX today

Stock in focus: Rajesh Palviya has recommended to buy, hold, and accumulate Multi Commodity Exchange of India Ltd (MCX) today.

Markets plummet as Middle East tensions rise
Markets plummet as Middle East tensions rise

p b Mumbai: /b Equity benchmark indices tanked in early trade on Friday, taking their losing streak to the fifth day running, as escalating tensions in the Middle East weighed heavily on investors sentiment. /p p Fresh foreign fund outflows, uptick in Brent crude oil prices and decline in IT stocks also added to the overall weak sentiment in equities. /p p The 30-share BSE Sensex tan

Infosys ADR crashes 8% on NYSE after IT major slashes FY25 revenue growth guidance to 1-3%
Infosys ADR crashes 8% on NYSE after IT major slashes FY25 revenue growth guidance to 1-3%

Infosys ADR crashed eight per cent to $15.95 on the American stock exchange after the IT major slashed its FY25 revenue guidance to 1-3 per cent from the previous 1.5 -2 per cent in the December quarter.

Stock markets continue to end lower for fourth straight session amid outflow of foreign funds
Stock markets continue to end lower for fourth straight session amid outflow of foreign funds

p Equity benchmark indices Sensex and Nifty extended their losing streak to the fourth straight session and settled lower on Thursday amid heavy volatility triggered by selling in banking stocks and unabated outflow of foreign funds. Fading expectations of an immediate interest rate cut by the US Federal Reserve as well as escalating geopolitical tensions also dampened investors sentiment. /p

Paytm gets NPCI approval to migrate '@paytm' UPI users to new banks: Details here
Paytm gets NPCI approval to migrate '@paytm' UPI users to new banks: Details here

p Paytm has received the necessary approval from the regulatory authorities to migrate its UPI users to new Payment System Provider (PSP) bank handles. NPCI has granted approvals to One 97 Communications Limited (OCL), which owns the brand Paytm, the company said in a stock exchange filing. Paytm announced that it has expedited its integration with Axis Bank, HDFC Bank, State Bank of India (SBI)

Multibagger stock: Ater bonus issue, LIC-backed company posts over two fold jump in Q4 earnings
Multibagger stock: Ater bonus issue, LIC-backed company posts over two fold jump in Q4 earnings

p After bonus shares issuance in January this year, LIC-backed FMCG giant Integra Essentia has reported strong quarterly numbers in the fourth quarter (Q4) that ended on March 31, 2024. /p p According to an exchange filing, it reported a jump of more than 250 per cent YoY in the net profit in the quarter. The same stood at Rs Rs 5.91 crore as against Rs 1.69 crore reported in the correspondi

Markets rebound early after 3-day decline
Markets rebound early after 3-day decline

p b Mumbai: /b Equity benchmark indices rebounded in early trade on Thursday after falling for the past three days amid a rally in Asian markets along with buying in index majors State Bank of India and Reliance Industries. /p p The 30-share BSE Sensex climbed 310.82 points to 73,254.50 in early trade. The NSE Nifty went up by 122.75 points to 22,270.65. /p p In the past three days,

Stock market holiday: BSE, NSE to remain closed today for Ram Navami
Stock market holiday: BSE, NSE to remain closed today for Ram Navami

There will be no trading in the Indian equity market as both the leading stock exchanges, BSE and the National Stock Exchange (NSE) are shut today for Ram Navami.

Superdry to let go of 39 UK stores, delist from London Stock Exchange in major rescue plan
Superdry to let go of 39 UK stores, delist from London Stock Exchange in major rescue plan

Superdry Plc plans to quit the London Stock Exchange as the troubled fashion retailer pushes through a radical restructuring to stay afloat.

Multibagger: After split, smallcap stock's Q4 bottomline more than doubles
Multibagger: After split, smallcap stock's Q4 bottomline more than doubles

p While the Sensex and Nifty are touching new highs, several stocks, including those in the small-cap space, have scaled to new peaks, and it is now time for quarterly earnings. Multibagger smallcap stock Teamo Productions, which was rechristened from GI Engineering last year, has announced its earnings for the fourth quarter. This is the first earnings release after the stock split, which took