The stock market extended gains for the fifth consecutive session on Friday, ignoring weak global markets.
Vodafone Idea (Vi) stated through a filing to the Bombay Stock Exchange (BSE) on Friday that it plans to appeal against a Rs 16.73-crore Goods & Services (GST) demand order it has received from the Deputy Commissioner of the Large Taxpayer Unit of West Bengal.
In its latest note, the US-headquartered investment bank sees 18 per cent base case upside for the BSE Sensex by the December end.
The market capitalization (market cap) of HDFC Bank topped the Rs 14 trillion mark for the first-time ever on Thursday.
A workshop was organised to explore the transformative role of digital technologies with focus on enhancing financial literacy, protecting investors, and fostering sustainable growth in the capital markets.
The power stocks on Tuesday saw a major downturn due to profit-booking in response to initial indications of a mixed outcome in the results for Lok Sabha elections.
The Adani Group companies’ stocks saw great momentum on Thursday as the Indian indices went through a sharp rally, with the flagship Adani Enterprises jumping 8 per cent to emerge as the top gainer.
Sensex was up 599.34 points, or 0.83 per cent at 73,088.33, while the Nifty was up 151.20 points or 0.69 per cent at 22,147.
BSE Sensex is trading at 72,099 points, down 389 points on Friday as domestic equities continued their losing spree amid escalation in Middle East tensions.
The BSE Sensex is up 42 points and trading at 72,986 points on Thursday. However, tensions in the Middle East and a hawkish stance by the US Fed are likely to weigh on the stock markets, say analysts.
