Market ends lower amid volatility, Nifty below 23,350
The stock market ended lower during a highly volatile session on Friday, with the Nifty falling below 23,350. This was led by selling across the sectors, barring IT stocks.
The stock market ended lower during a highly volatile session on Friday, with the Nifty falling below 23,350. This was led by selling across the sectors, barring IT stocks.
India's industrial output, which is measured by the Index of Industrial Production (IIP), reached a six-month high of 5.2% in November 2024, data released by the Ministry of Statistics and Programme Implementation (MoSPI) on Friday.
A higher amount is being devolved this month to enable states to accelerate capital spending and finance their development and welfare-related expenditures, centre said.
The company's consolidated revenue increased 5.6 per cent to Rs 63,973 crore during the quarter.
Women who receive a lung transplant are more likely than men to live for five years post-transplant, according to new research on Thursday.
The share price of Tata Steel rallied while subsidiaries slumped by upto 9 per cent on Friday after the company's board approved the amalgamation of seven group companies.
The share price of Mahindra & Mahindra Financial Services Limited crashed by more than 14 per cent on Friday a day after the Reserve Bank of India (RBI) barred it from using third-party recovery agents.
The nod was received on Thursday at a meeting of its Board members. These seven companies are Tata Steel Long Products, The Tinplate Company of India, Tata Metaliks, TRF, The Indian Steel & Wire Products, Tata Steel Mining, and S and T Mining Company, the same filing said.
Reliance New Energy, a wholly owned subsidiary of Reliance Industries, has signed agreements to invest in the US-based perovskite-based solar technology company Caelux Corporation.
The Uttar Pradesh government, through its investment promotion agency Invest UP, has been successful in attracting beverages industrial units in Gorakhpur, Amethi, Prayagraj and Chitrakoot.