Business

10

Dec

By The Press Editor

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Business

IT stock gains over 10% even as stock markets remain volatile amid persistent FII selling: Check details

The scrip has been gaining for the last two days and has risen 23.04 per cent in the period. Technically, the stock trades higher than the 5-day, 20-day and 50-day moving averages but lower than the 100-day and 200-day moving averages. Mumbai: Shares of BSE smallcap IT company Blue Cloud continued to gain despite volatility in the stock market amid persistent selling by Foreign Institutional Investors (FIIs) who offloaded equities worth Rs 3,760.08 crore. The stock opened in green at Rs 24.50 against the previous close of Rs 23.98 on the BSE, even as the benchmark index shed 58.79 points…

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10

Dec

By The Press Editor

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Business

Upper Circuit Alert: FMCG stock under Rs 100 hits 5% upper circuit for a third consecutive session, details here

The stock's 14-day relative strength index (RSI) is 33.63. For the uninitiated, a level above 70 is considered overbought or overvalued, and below 30 is defined as oversold or undervalued. Mumbai: Fast-moving consumer goods (FMCG) Elitecon International share price was locked-in at 5 per cent upper circuit on Wednesday, December 10, 2025. This is the third consecutive session when the stock has hit the upper circuit. The smallcap stock started the trading session in the green at Rs 98.99 against the previous close of Rs 94.65 on the BSE. The counter gained amid firm buying to and was up as…

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10

Dec

By The Press Editor

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Business

Your Money, Your Right: PM Modi urges citizens to claim what’s rightfully yours – Details

Your Money, Your Right: PM Modi has appealed to the public to take some time to check these portals for any unclaimed funds belonging either to themselves or their families. New Delhi: While the majority of Indians are unaware that their hard-earned money might be lying unclaimed for years in banks, insurance companies, or mutual funds, Prime Minister Narendra Modi's recent appeal is a crucial step towards bringing this hidden treasure back to its rightful owners. In a LinkedIn post, PM Modi revealed that approximately Rs 78,000 crore is lying unclaimed in bank accounts, Rs 14,000 crore with insurance companies,…

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10

Dec

By The Press Editor

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Business

Stocks to be in focus today: IndiGo, Tata Power, Swiggy among shares on investors’ radar on December 10

Stocks to watch today: According to experts, persistent foreign fund outflows and weak global cues are among the factors behind the fall. Mumbai: After closing lower for the second straight day on Tuesday, benchmark indices are expected to have a soft start on Wednesday, December 10, 2025, as GIFT Nifty opened approximately 50 points lower near 25,910. According to experts, persistent foreign fund outflows and weak global cues are among the factors behind the fall. Meanwhile, the US Federal Reserve has started its two-day policy meeting, where the central bank's Federal Open Market Committee (FOMC) will decide on key benchmark…

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10

Dec

By The Press Editor

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Business

Silver hits new high of Rs 1,90,799 on MCX, gold too jumps | Check city-wise rates

Gold Price Today, Gold MCX Rate: In the international market, the COMEX gold price fell 0.03 per cent, trading at approximately USD 4,234.8 per troy ounce. The spot gold price at 10 am was USD 4,209.32 per ounce, up by USD 20.44 or 0.49 per cent. Mumbai: Rates of precious metals in futures trade surge on Wednesday, December 10, 2025, with silver futures hitting a new life high. The gold February 5 contract on the Multi Commodity Exchange (MCX) opened with a gain of Rs 76 at Rs 1,30,183 per 10 grams against the previous close of Rs 1,30,107. It…

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10

Dec

By The Press Editor

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Business

Market Opening Bell: Sensex falls 58.79 points, Nifty holds 25,864, Trent among top gainers

Sensex, Nifty Today: Gift Nifty, an early indicator for the Nifty 50, indicated a negative start as it opened with a fall of 26 points at 25,905, compared to the previous close of 25,931. Mumbai: Indian equity benchmark indices, the Sensex and Nifty, started the session mixed on Wednesday, December 10, 2025, amid weak global cues and persistent selling by Foreign Institutional Investors (FIIs). While the 30-share BSE Sensex shed 58.79 points to start the session at 84,607.49, the Nifty added 24.4 points to open at 25,864.05. In the last trading session, the Sensex closed at 84,666.28 and the Nifty…

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10

Dec

By The Press Editor

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Business

Meesho IPO Listing: Shares to debut on bourses today, here’s what GMP suggests

Meesho Share Price NSE, BSE: Ahead of the listing, the unlisted shares of Meesho are trading at a grey market premium (GMP) of Rs 43. Mumbai: Shares of SoftBank-backed e-commerce platform are all set to hit the secondary market today, i.e. on December 10, 2025. Ahead of this, the initial public offer (IPO) received a good response from investors. This issue got subscribed 79.02 times on the final day of bidding on Friday, led by qualified institutional buyers (QIBs). Ahead of the listing, Meesho's unlisted shares are trading at a grey market premium (GMP) of Rs 43. Considering the upper…

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09

Dec

By The Press Editor

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Business

Defence stock signs MoU with Telangana govt to invest Rs 1,500 crore, check share price and other details

The company said that with an estimated investment of around Rs 1,500 crore, it aims to expand the manufacturing and explosive filling capabilities. Mumbai: Hyderabad-based Apollo Micro Systems Ltd (AMSL), which offers technology-based solutions across sectors such as aerospace and defence, has informed exchanges that it has signed an initial agreement with the Telangana government to invest Rs 1,500 crore in manufacturing defence products. As per the information shared, the memorandum of agreement (MoU) was signed in Hyderabad on Monday. Under this MoU, the defence company, along with its subsidiaries and step-down subsidiaries, will establish a greenfield project in Telangana.…

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09

Dec

By The Press Editor

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Business

Chipmaker stock continues to win order from Indian Railways, shares trade in green

According to BSE Analytics, the stock has yielded a positive return of 5966.67 per cent in five years and 218 per cent in three years. Mumbai: Shares of chipmaker MIC Electronics Ltd, a small-cap company with a market cap of Rs 1,035.39 crore, continued to win orders from Indian Railways. The company has informed exchanges that it has received its first order post product approval under its microprocessor controller for roof-mounted AC package units for LHB coaches and double-decker coaches. According to the information shared, the order is from the Northeast Frontier Railway, Indian Railways.  Share price today  The counter…

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09

Dec

By The Press Editor

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Business

Hypocrisy in grain market: Why Trump’s rice tariff threat is more of a concern for US consumers than India

India is the largest producer of rice - 150 million tonnes - and has a 28 per cent share of the global market. New Delhi: US President Donald Trump has signalled a fresh flashpoint with India as he questioned why New Delhi is allowed to dump rice into the United States market and stressed that tariffs will solve the "problem" easily. Trump said this while holding a roundtable in the White House with representatives of the farming and agriculture sector, along with key members of his Cabinet. During the meeting, the US President also announced USD 12 billion in federal…

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