Benchmark indices BSE Sensex and NSE Nifty traded higher, snapping an eight-day losing streak. Nifty reclaimed the 17,400 level by gaining 0.66% intraday while Sensex jumped over 300 points to 59,328. The broader markets followed the benchmarks’ cues and traded firmly in the positive territory, Nifty Small Cap 100 and Midcap 100 gained 1.2% and 1.3% respectively. Sectorally, Nifty Metal outperfo...

If film buffs are hooked to larger-than-life content, Ajay Bijli of PVR Cinemas is matching it with a larger-than-life movie experience. Given that multiplex balancesheets have been battered during the pandemic, and cinemas need every trick to pull the crowds, it might just be the strategy to turn things around.With Friday’s launch of the ICE Theatre experience in India — also the first in A...

Indian benchmark indices NSE Nifty 50 and BSE Sensex are likely to open lower amid weak global cues. Ahead of Monday’s trading session, SGX Nifty was in red with Nifty futures trading 0.8% lower, hinting at a negative start for domestic equities. “In absence of any major event, earnings and global cues will dictate the trend next week. Participants will react to the HDFC Bank’s number in ear...

Indian equity markets may open in red on week’s last trading day. Early trends in the SGX Nifty hinted at a negative start for benchmark index NSE Nifty 50 and BSE Sensex with a loss of 99 points. Global cues were negative as Wall Street indices ended in red overnight and shares in the Asia-Pacific were trading lower on Friday. “The recent move in the index indicates consolidation amid feeble ...

PVR Inox merger: Shares of multiplex chain PVR and INOX have been surging after the SEBI's nod for the merger of the two multiplex chains. Both the stocks have surged more than 11 per cent in last one month and market analysts are still bullish on both the stocks as INOX PVR merger would lead to emergence of largest multiplex chain in India that will cover more than 80 per cent of the multiplex ma...