Articles for category: Business

Rajiv Sharma

Share Market Live Updates October 16: Market falls as Sensex opens at 81,646 down by 173 points

Share Market Live Updates October 16: Market falls as Sensex opens at 81,646 down by 173 points

On October 16, the stock market witnessed a noticeable downturn, with key indices opening lower as investors reacted to various economic factors both domestically and globally. The BSE’s benchmark index, Sensex, which comprises 30 prominent stocks, opened at 81,646, reflecting a decline of 173 points. Meanwhile, the NSE’s Nifty 50, featuring 50 stocks, faced a ...

Rajiv Sharma

Billionaires List Shakes Up as Ambani's Wealth and Status Decline

Billionaires List Shakes Up as Ambani’s Wealth and Status Decline

The recent fluctuations in the net worth of Asia’s richest billionaires, particularly Mukesh Ambani and Gautam Adani, have sent shockwaves through financial markets and the business world. As these two tycoons navigate through an increasingly competitive landscape, their financial fortunes seem to be experiencing a dramatic shift. This article delves into the current status of ...

Rajiv Sharma

Adani shares see decline in investor sentiment, heavy sell-off in September quarter

Adani shares see decline in investor sentiment, heavy sell-off in September quarter

In recent months, retail investors have witnessed notable fluctuations in their stock holdings, particularly within large conglomerates like the Adani Group. One of the most striking changes has occurred in the ownership of Adani Green Energy shares, which has raised concerns among stakeholders and market analysts alike. This article explores the trends in retail ownership, ...

Rajiv Sharma

Upcoming IPO of Renewable Energy Company: Key Plans Explained

Upcoming IPO of Renewable Energy Company: Key Plans Explained

The company’s announcement regarding its proposed solar cell project marks a significant step forward in its commitment to expanding solar module manufacturing capacity. By aiming to reach a production capacity of five gigawatts (GW) by the year 2025, the organization is reinforcing its position in the renewable energy sector amidst growing global demand for sustainable ...

Rajiv Sharma

Government to sell major stake in shipbuilding company; impact on shares and your investment?

Government to sell major stake in shipbuilding company; impact on shares and your investment?

Cochin Shipyard Ltd has been making headlines recently, especially with the news of a potential government stake sale. Investors and analysts are keenly observing the developments surrounding the company, as this could significantly impact the stock’s performance and the broader maritime industry in India. Overview of Cochin Shipyard Ltd Cochin Shipyard Ltd, located in Kochi, ...

Rajiv Sharma

Company receives large orders totaling ₹3240.63 crore, shares surge under ₹200

Company receives large orders totaling ₹3240.63 crore, shares surge under ₹200

RPP Infra, a prominent player in the infrastructure development sector, has recently attracted significant attention in the stock market. On Tuesday, the company’s shares experienced a remarkable surge, highlighting investor confidence and interest in its business growth activities. This surge reflects not only the company’s current operational success but also its potential for future expansion. ...

Rajiv Sharma

Hyundai IPO: 8% subscribed on opening, gray market down 92%

Hyundai IPO: 8% subscribed on opening, gray market down 92%

Hyundai Motor India has recently opened its Initial Public Offering (IPO), generating significant interest among investors. The subscription process commenced today, and early indicators show a robust response. Understanding the dynamics of the subscription and its implications can help potential investors make informed decisions. Current Subscription Status As per the data from the Bombay Stock ...

Rajiv Sharma

Stock market opens strong, Sensex and Nifty gain

Stock market opens strong, Sensex and Nifty gain

Market Overview: Share Market Live Updates as of October 15 The share market is witnessing a cautious sentiment today, particularly following the financial results released by major players in the industry. Investors appear to be reacting negatively to the outcomes, which has led to notable declines in stock prices. In today’s trading session, the key ...

Rajiv Sharma

Vegetable, grain, and pulse prices surge due to weather impact.

Vegetable, grain, and pulse prices surge due to weather impact.

This year has witnessed unprecedented weather challenges that have severely affected agricultural productivity in various states. The extreme heat experienced earlier in the seasons has resulted in significant crop loss, particularly impacting essential commodities such as vegetables, pulses, and fruits. Following this, many regions across the country faced unusual rainfall patterns, exacerbating the situation and ...