Recognizing industry-leading metrics and top-quartile returns, Morgan Stanley anticipates Deepak Nitrite to outperform further as new investments yield results and earnings improve.Shares of Deepak Nitrite surged nearly 7 percent to hit a record high of Rs 2,619.80 on NSE after Morgan Stanley double-upgraded the stock to "overweight" from its earlier rating of "underweight."The international broke...

Domestic frontline indices Sensex and Nifty trimmed earlier losses but continued to trade in the red on April 19 amid a broad-based selloff. Investors traded on the sidelines after Israel's attack on Iran fuelled uncertainty across the market. As a result, fear gauge India VIX jumped over 4 percent.Around noon, the Sensex was down 244.94 points or 0.34 percent at 72,244.05, and the Nifty was down ...

Capital markets regulator Sebi on Thursday imposed penalties totalling Rs 45 lakh on two individuals for indulging in insider trading in the shares of Deepak Fertilizers and Petrochemicals Ltd.The regulator has slapped a fine of Rs 25 lakh on Naresh Ramniklal Mehta and Rs 20 lakh on his wife Pallavi Naresh Mehta, and also directed them to pay the fine within 45 days, according to an order.Sebi n...

Indian equity indices concluded the day in deep red. The Sensex closed below 61,800 while the Nifty settled below 18,420. Meanwhile, Bank Nifty after touching a new high in the previous session, fell 1.25% today. The top gainers of the Nifty 100 were GODREJCP (up 1.79%), Gail (up 1.15%), Britannia (up 1.14%), Hero Motocorp (up 0.79%) and ATGL (up 0.63%) while IRCTC (down 6.50%), Ambuja Cement (do...

President Xi Jinping on Wednesday expressed "deep concern" over the security of Chinese nationals working in Pakistan on the CPEC projects and sought "reliable and safe environment" for them during his talks with Prime Minister Shehbaz Sharif, who is here on his maiden visit to bolster the all-weather friendship.Sharif, who arrived here on Tuesday night on a two-day visit, held wide-ranging talks ...