Shares of Adani Group companies surged as much as 7 percent in early trade on January 16 after the US-based short seller, Hindenburg Research whose scathing reports on the conglomerate wiped billions from its value, officially disbanded."I have decided to disband Hindenburg Research. The plan has been to wind up after we finished the pipeline of ideas we were working on," founder Nate Anderson wro...

Domestic benchmarks Nifty 50 and Sensex opened with sharp cuts on December 19, echoing negative global cues as the US Federal Reserve slashed the key lending rate by 25 basis points, but took a more hawkish tone on the monetary policy easing cycle for 2025.The global markets weren't too happy with the US central bank as frontline indices across the world traded deep in the red. Ahead of the openin...

Shares of flexible workspace solutions company, Awfis Space Solutions, will be on focus on December 11 after a major block deal involving 85.3 lakh shares worth Rs 606 crore took place on the bourses.While a Source couldn't immediately identify the buyers, CNBC TV-18 reported that Promoter Peak XV Partners Investments and shareholders Bisque Ltd and Link Investment Trust were expected to divest a ...

Paytm share price gained over 3 percent in December 9 trade to hit a fresh 52-week high on the board's nod to sell a stake in Japan's PayPay for Rs 2,364 crore.The stock gained 3.14 percent to hit an intraday and 52-week high of Rs 1,007 per share on the NSE. The stock had closed at Rs 976.25 apiece.Paytm scrip has been gaining for the last five days and has risen 10.11 percent in the period. At a...

Shares of GE Vernova T&D India were locked in the 5 percent lower circuit on Tuesday as its promoter, Grid Equipments Private Ltd, announced plans to divest up to 8.38 percent of the company’s paid-up equity share capital.The stock dropped to Rs 1,823.50 apiece on the National Stock Exchange (NSE), its lower price band for the day. The promoter has set a floor price of Rs 1,550 per share for the...