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Adani Power shareholders have approved a 1:5 stock split, sub-dividing each ₹10 share into five shares of ₹2 each. The move, aimed at boosting retail investor participation, raises total equity shares from 2,480 crore to 12,400 crore
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Hyderabad Cybercrime police arrested six members of a gang that duped a woman of over Rs 1 crore in a fake online investment scam. Fraudsters posed as NSE officials, used fake apps, and laundered money through multiple bank accounts
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Highway Infrastructure Ltd debuted on BSE and NSE with over 64% premium to its IPO price of Rs 70, valuing the firm at Rs 881 crore. The Rs 130-crore IPO, oversubscribed 300.61 times, funds tollway, EPC, and real estate operations
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The NSDL IPO, opening July 30, will deliver massive gains to early investors like SBI, NSE, and IDBI, with returns of up to 39,900%. However, retail investors who bought shares at unlisted market prices may face disappointment as the price band is lower
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Globe Civil Projects Ltd made a strong market debut, with shares jumping over 28% on the BSE and NSE against the IPO price of ₹71. The ₹119-crore IPO was oversubscribed 86 times, reflecting high investor demand and strong listing gains
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The stock tanked 4.33 per cent to Rs 415.10 on the BSE. At the NSE, it tumbled 4.81 per cent to Rs 413. The stock emerged as the biggest laggard among the BSE Sensex firms
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The stock tanked 5.68 per cent to Rs 735.95 on the BSE. At the NSE, shares of the firm dropped 3.90 per cent to Rs 750
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Shares of Gensol Engineering tumbled 5 per cent to hit another lower circuit limit as investors continued to desert the company's counter amid the ongoing crisis at the firm
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The stock bounced back after a muted beginning and rallied 2.95 per cent to Rs 1,462.20 on the BSE. Shares of the firm climbed 3 per cent to Rs 1,462.70 at the NSE
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The stock rallied 2.27 per cent to Rs 1,950 -- its 52-week high level -- on the BSE. At the NSE, it climbed 2.30 per cent to hit the one-year peak of Rs 1,950.70
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Shares of ICICI Bank climbed over 2 per cent on Monday morning after the firm reported a 15.7 per cent jump in March quarter consolidated net profit at Rs 13,502 crore
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The 30-share BSE Sensex dropped 144.66 points to 77,461.77 in early trading, while the NSE Nifty slipped 38.7 points to 23,553.25. Among the Sensex constituents, Mahindra & Mahindra, Infosys, Power Grid, Sun Pharma, HCL Tech, Bajaj Finance, IndusInd Bank, and Axis Bank were the top decliners.
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The stock made its debut at Rs 330, rallying 12.24 per cent from the issue price on the BSE. Later, it surged 17.84 per cent to Rs 346.45
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While the valuation of SBI jumps Rs 36,100.09 crore to Rs 7,32,755.93 crore, ICICI Bank adds Rs 25,775.58 crore to Rs 9,10,686.85 cr
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Initial share sale to conclude on July 5, bidding for anchor investors to open for a day on July 2
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Tech Mahindra, Infosys, HCL Technologies biggest gainers; Tata Steel, Hindustan Unilever, Kotak Mahindra Bank among laggards
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Bouncing back from Tuesday's debacle, the 30-share BSE Sensex jumped 2,303.19 points or 3.20 per cent to settle at 74,382.24 on value buying in banking, auto and oil shares.
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Financial Services, IT, Media, Realty, and Consumer Durables sectors emerged as top gainers.In the broader market, the BSE MidCap rose by 1.04 percent, and the BSE SmallCap climbed 0.87 percent.
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Favourable global cues combined with noticeable traction in banking majors aided a positive start, which further strengthened as the day progressed," said Ajit Mishra.
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Vaibhav Vidwani, Research Analyst at Bonanza Portfolio, said that as mutual funds started to release the stress test findings, the investors pulled out of the small and midcap equities.