Shares of private-sector lender IndusInd Bank witnessed a sharp decline of over 5% on Monday, March 10, hitting a fresh 52-week low. The slump came after the Reserve Bank of India (RBI) granted a shorter-than-expected extension to the bank’s Managing Director & CEO, Sumant Kathpalia, raising concerns among investors and analysts. On Friday, March 7,…
Suzlon Energy’s stock continued its strong upward momentum as it attracted significant buying interest during Monday’s opening bell. The stock opened higher at ₹55.11 per share on the National Stock Exchange (NSE), reflecting positive market sentiment. Shortly after the opening, Suzlon’s share price climbed further to an intraday high of ₹56.69, marking a gain of…
Tata Power’s share price saw a strong upward movement on Monday morning, rising nearly 3% in early trading. The surge came after the company announced that its subsidiary, Tata Power Renewable Energy Limited (TPREL), had signed a Memorandum of Understanding (MOU) with the Andhra Pradesh government for the development of up to 7,000 MW of…
Early Monday trading saw a downturn in U.S. stock futures, while the safe-haven Japanese yen strengthened, as concerns over deepening deflationary pressures in China fueled global economic uncertainty. Investors remained on edge amid signs of slowing growth in both China and the United States, compounded by ongoing trade tensions worldwide. Futures tied to Wall Street’s…
HFCL is expected to attract significant market attention on Monday following a major development involving its subsidiary. The company’s subsidiary has secured a substantial contract worth ₹44.36 crore from the Indian Army. This contract win highlights HFCL’s growing role in defense-related projects and reinforces its presence in the telecommunications and technology sector. Investors and market…
RattanIndia Power is an Indian power generation company primarily focused on thermal energy production. It operates coal-based power plants and supplies electricity to various states. The company has faced financial challenges but continues to work on improving efficiency and reducing debt. With India’s growing power demand and government policies supporting the energy sector, RattanIndia Power…
Hindustan Aeronautics Limited (HAL) is India’s leading aerospace and defense company, known for manufacturing fighter jets, helicopters, and aircraft components. Founded in 1940, HAL plays a key role in strengthening India’s defense sector by supplying aircraft and maintenance services to the Indian Armed Forces. The company is at the heart of the government’s ‘Make in…
Waaree Energies is one of India’s leading solar panel manufacturers and a key player in the renewable energy sector. Founded in 1989, the company specializes in producing high-quality solar modules and providing solar solutions for homes, businesses, and large-scale projects. With a strong focus on innovation and sustainability, Waaree Energies is expanding its presence in…
Reliance Power is an Indian power generation company that focuses on thermal, hydro, and renewable energy projects. It is part of the Reliance Group and operates power plants across India. The company has faced financial challenges due to high debt but continues to work on improving its operations and expanding into renewable energy. Reliance Power’s…
U.S. stocks closed higher on Friday, reversing early session losses after Federal Reserve Chair Jerome Powell provided reassurance about the state of the economy. Powell described the U.S. economy as being “in a good place,” which helped boost investor confidence and drive a late-session rally. However, despite this rebound, Wall Street still recorded its most…