The stock market reversed early losses to end higher on Wednesday, led by financial and technology stocks, with the Nifty reclaiming the 26,000 mark to close at a three-week high. The Nifty 50 rose 143 points to 26,053, while the
Excelsoft Technologies IPO Day 1: The initial public offering (IPO) of Excelsoft Technologies sailed through on the first day of the bidding process on Wednesday, November 19, amid strong demand from non-institutional investors (NIIs) and retail investors. Excelsoft Technologies IPO
The Centre is regularly holding consultations with stakeholders to streamline foreign direct investments (FDIs) and foreign institutional investments (FIIs) related processes to enable faster and more efficient investment flows into the country, said Commerce and Industry Minister Piyush Goyal, adding
In a significant development, the Supreme Court on Tuesday sought responses from the Centre, CBI, ED, Anil Ambani and the Anil Dhirubhai Ambani Group (ADAG) on a PIL seeking a court-monitored probe into alleged massive banking and corporate fraud involving
A strong performance in the July–September quarter of 2025-26 (FY26) and expectations of growth from launches and acquisition-led synergies led to a 6.65 per cent jump in the share price of Torrent Pharmaceuticals. Several brokerages have upgraded the stock of
Snapping the six-day winning streak, benchmark Sensex dropped by nearly 278 points and the Nifty closed below the 26,000-mark due to profit-taking in IT, metal and capital goods shares amid a weak trend in global markets. Photograph: Francis Mascarenhas/Reuters The
Initial applications for US jobless benefits totalled 232,000 in the week ended October 18, according to the US Labour Department website showing historical data for claims. Continuing claims, a proxy for the number of people receiving benefits, came in at
Shares of Goel Construction Company, a recent debutant on Dalal Street, are likely to be in focus during Wednesday’s trade on November 19, as the company has secured a major order from the Aditya Birla Group. The company, in a
Amid the political push and pull, the Centre’s decision to allow sugar exports and remove the 50 per cent duty on molasses exports has rekindled hope in the industry that more relief may follow. Image used for representational purpose. Photograph:
The rate of unemployment for those aged 15 and above remained steady at 5.2 per cent in October, according to a government survey released on Monday. Illustration: Dominic Xavier/Rediff The unemployment rate (UR) was 5.2 per cent in September, 5.1
