Shares of Wipro Ltd rose more than 1 percent on June 9 after a large block deal took place during the second block deal window of the trading session. This deal involved nearly 2 percent of the company’s total equity and was valued at over ₹5,000 crore. As per reports, around 20.23 crore shares, which […]
In its June 2025 monetary policy meeting, the Reserve Bank of India (RBI) announced a 50 basis points cut in the repo rate, bringing it down to 5.5 percent. This move, aimed at supporting economic growth, came amid global trade tensions and signs of softening inflation. The RBI also shifted its policy stance from ‘accommodative’
Indian stock market saw a rally in rate-sensitive sectors like banking, real estate, and automobile on Friday, June 6, after the Reserve Bank of India (RBI) surprised investors by cutting the repo rate by 50 basis points. This brought the key lending rate down to 5.5 percent, from 6 percent earlier. The RBI also shifted
Banking, Realty, Auto Stocks Rise as RBI Cuts Repo Rate by 50 bps to Boost Growth Read More »
Shares of Reliance Infrastructure Ltd rose over 11 percent on June 4, after the National Company Law Appellate Tribunal (NCLAT) put a temporary stop to insolvency proceedings against the company until July 18, the next hearing date. This relief comes after Reliance Infra challenged an earlier decision by the NCLT Mumbai Bench, which had admitted
Reliance Infrastructure shares rally 11% after NCLAT halts insolvency case till July 18 Read More »
Tata Technologies Ltd may witness a large block deal worth ₹634 crore during trade on Wednesday, June 4, as private equity firm TPG is likely to sell 2.1 percent stake in the company. As per reports, TPG will offload the stake through a block deal at a floor price of ₹744.5 per share, which is
TPG plans ₹634 crore block deal to sell 2.1% stake in Tata Technologies at discount Read More »
Shares of Ola Electric Mobility Ltd dropped more than 7 percent in early trade on Tuesday, June 3, following a big block deal worth ₹731 crore. About 14.22 crore shares, equal to 3.23 percent of the company’s equity, were traded at a price of ₹51.4 per share, which is lower than the previous day’s closing
Shares of Niva Bupa Health Insurance fell sharply by nearly 10 percent on Monday, June 2, after a major block deal took place on the stock exchange. Around 56.3 lakh shares of the company were traded in a single block transaction during the early market hours. At 9:15 am, the stock was trading at ₹83.24,
I am Ayush, an SEO expert from Lakshmishree, writing SEO-friendly news articles to increase our website’s audience reach. The articles are for Indian readers with basic stock market knowledge. Samvardhana Motherson reported strong results for the January–March quarter (Q4 FY25), with a 20% year-on-year rise in net profit to ₹1,050.5 crore. In the same quarter
Shares of ITC Ltd dropped more than 3% in early trade on May 28 after a large block deal took place. British American Tobacco (BAT), the company’s largest shareholder, likely sold around 2.6% of its stake in the FMCG and cigarette major, raising approximately ₹13,334 crore. Nearly 32 crore ITC shares changed hands in the
ITC share price falls 3% as BAT offloads 2.6% stake for ₹13,300 crore via block deal Read More »
Olectra Greentech Ltd saw its shares crash by 14% to ₹1,160 in early trade on Tuesday, May 27, after Maharashtra Transport Minister Pratap Sarnaik announced the cancellation of a large electric bus order. The minister said the decision was taken as the company failed to deliver even one of the 1,000 buses that were due
