The benchmark indices saw another rangebound and volatile session, closing moderately higher on September 5, with the market breadth slightly in favour of the bulls. About 1,411 shares advanced compared to 1,365 declining shares on the NSE. The market is expected to see consolidation until it sees a breakout over the previous week's high. Below are some short-term trading ideas to consider:Rajesh ...
Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, acquisitions, and appointments, here’s a quick look at which stocks will be in focus in today's trade:Quarterly EarningsSpiceJet Q1 (Consolidated YoY)Loss stands at Rs 233.8 crore Vs Rs profit of Rs 158.3 croreRevenue drops 34.4% to Rs 1,120.2 crore Vs Rs 1,708.2 croreStocks to Watch...
The shares of Ola Electric Mobility tumbled nearly 6 percent on September 5 after SoftBank offloaded 2 percent stake in the EV scooter-maker through open market transactions in less than two months, reducing its shareholding in the company to 15.68 percent.According to a regulatory filing, SoftBank's investment arm SVF II Ostrich (DE) LLC disposed 94.9 million equity shares of Ola Electric between...
An exchange filing by Glenmark said that it has received approval from the Drugs Controller General of India (DCGI) to commence patient enrollment and dosing in India.Pharma major Glenmark has started a multi-country Phase 3 clinical trial for Envafolimab, an oncology drug that is currently being used in China for treatment of tumors, the company said in an exchange filing on September 5, sending ...
Shares of Shree Digvijay Cement were sharply lower by over 3 percent in early trade on September 5, after the company said the promoter, True North Fund VI LLP, is looking to offload as much as 50 percent shareholding to India Resurgence Fund, bringing in fresh capital and triggering an open offer.The total consideration for the shares acquired is worth Rs 631 crore. The share sale has been agreed...
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