The benchmark indices rebounded after a day of steep correction and closed with 1.7 percent gains on April 9, following a bounce-back trade in global counterparts. The market breadth also turned positive, with about 2,201 shares advancing against 371 declining shares on the NSE. Volatility is likely to remain high, and consolidation is expected to continue until the index closes the bearish gap of...

The market failed to sustain its morning rally and finished lower on March 10, with selling almost across sectors and a sharp correction in the broader markets. Additionally, the VIX spiked to 14. The market breadth turned negative, with about 2,171 shares declining against 500 rising shares on the NSE. Hence, the benchmark indices, as well as broader markets, might extend the weakness. Below are ...

Shares of SpiceJet rose 3 percent on November 28 after Ireland-based aircraft lessor Aircastle withdrew its insolvency case against the low-cost carrier before the National Company Law Tribunal (NCLT). "This follows a mutually agreed-upon settlement, marking a positive turn in the airline's efforts to rebuild and strengthen ties with its partners," SpiceJet said in an exchange filing.Last month, S...

Shares of Nestle India gained nearly a percent in the opening trade on April 5 after the NCDRC dismissed a government petition against the company.At 9:26 am, Nestle India was quoting Rs 2,568.45, up Rs 19.40, or 0.76 percent, on the BSE.The National Consumer Dispute Redressal Commission (NCDRC) dismissed the government's 2015 plea against the sale of Maggi noodles in favor of Nestle India Ltd, th...

Healthcare Global is at a 52-week high on buzz over PE funds jostling for controlling stake, The three private equity firms are eyeing the 60.41 percent controlling stake in the cancer hospital chain, currently held by CVC Capital.Shares of Healthcare Global surged over 4 percent to a 52-week high on February 19 morning after reports said private equity funds EQT (previously Baring PE Asia-EQT), T...