IndiGo Shares Rebound After DGCA Grants Partial Relief on Pilot Duty Norms
IndiGo Shares Bounce Back as DGCA Offers Partial Relief on Pilot Duty Rules Amid Nationwide Flight Disruptions In a dramatic turnaround on Friday, IndiGo shares erased all intraday losses and…
Rate Cut Meets a Falling Rupee: Yes Bank, Union Bank Shares Rise Up to 3% on Bank Nifty Inclusion
Shares of Yes Bank and Union Bank of India gained up to 3% on December 2 after the National Stock Exchange (NSE) announced their inclusion in the Bank Nifty index…
DGCA Eases Pilot Rest Rules to Help Stabilize IndiGo’s Operations Amid Flight Disruptions
DGCA Steps In With Temporary Rule Relaxation as IndiGo Flight Cancellations Deepen Across India In a dramatic escalation of India’s ongoing aviation crisis, the Directorate General of Civil Aviation (DGCA)…
Petronet LNG Shares Gain 4% After 15-Year Ethane Deal With ONGC; Nomura Sees 34% Upside
Petronet LNG’s stock saw a sharp upmove on December 4, rising more than 4 percent after the company announced a major long-term agreement with Oil and Natural Gas Corporation (ONGC).…
Rate Cut Meets a Falling Rupee: Sensex Gains 500 Pts, Nifty Near 26,200 as RBI’s 25 bps Cut Lifts Markets
The domestic equity market staged a sharp recovery on Friday as the Sensex surged over 500 points and the Nifty moved close to the 26,200 mark, reversing early volatility that…
Rate Cut Meets Falling Rupee: India’s Markets Enter a New Tug-of-War
India’s financial markets have entered a phase defined by conflicting forces, as the Reserve Bank of India’s latest monetary policy move intersects with a sharply sliding rupee. The RBI’s 25-basis-point…
Govt Shuts Door on FDI Limit Hike, Merger Chatter; PSU Bank Rally Now Hinges on Fundamentals
The momentum in public sector bank (PSU bank) stocks took a noticeable pause this week as the government dismissed speculation around both a potential FDI limit hike and fresh merger…
Large Trade Deal: Meesho, Aequs, Vidya Wires IPOs Enter Final Bidding Day as GMPs Surge on Strong Demand
The IPO market witnessed strong action on Friday as Meesho, Aequs, and Vidya Wires entered the final day of bidding with all three public issues receiving robust subscription across investor…
ITC Hotels Shares Trade Flat as ₹3,856 Crore Block Deal Transfers 9% Equity; BAT Likely Seller
ITC Hotels witnessed one of its biggest trading sessions in recent months as a massive 9 percent equity stake, valued at ₹3,856 crore, changed hands through a large block deal.…
RBI Cuts Repo Rate to 5.25%; Announces ₹1 Lakh Crore OMO & $5 Billion USD/INR Swap
In a major monetary policy move, the Reserve Bank of India (RBI) delivered a 25 basis point rate cut, bringing the repo rate down to 5.25%. Along with the rate…