Business

30

Mar

By The Press Editor

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Business

Rs 8 Dividend: PSU stock to trade ex-date for interim dividend soon, check payment date and other details

Mumbai: Indian equity markets remained volatile and under pressure throughout the week, with Nifty50 settling at 22,819, down 294.90 points (1.28 per cent). Stock markets are set to begin the week on a weak footing, as sentiment remains fragile amid persistent geopolitical tensions, elevated crude oil prices, and sustained foreign outflows. Moreover, volatility remains elevated, with India VIX holding near 26.8. Amid this volatility, there is an opportunity for investors seeking additional profit, as a stock will soon trade ex-date for an interim dividend. The public sector company has also fixed a record date to determine the eligibility of shareholders…

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30

Mar

By The Press Editor

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Business

Sensex plunges 1,600 points as West Asia war enters 5th week, check details

Mumbai: Equity benchmark indices Sensex and Nifty ended the last trading session of the 2025-26 fiscal year sharply lower amid a massive sell-off that triggered panic among investors. The Sensex tumbled 1,635.67 points or 2.22 per cent to settle at 71,947.55. During the day, it plunged 1,809.09 points or 2.45 per cent to 71,774.13. The 50-share NSE Nifty slumped 488.20 points or 2.14 per cent to end at 22,331.40. The widespread decline across sectors has significantly increased investor concern. All major sectors ended in the red  Auto, FMCG, banking, realty, telecom, and capital goods sectors fell by around 2-4 per…

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30

Mar

By The Press Editor

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Business

March 31 Deadline Alert: Complete these 3 updates related to your bank and demat accounts immediately

New Delhi: As March draws to a close, the buzz surrounding the financial year 2025-26 has intensified. March 31, 2026, is the deadline for many important financial tasks. If you invest in the stock market or have a bank account, you have very little time left to complete these three most important updates. If you don't complete these tasks by 12 midnight on March 31, 2026, your account could be frozen, or you could face a hefty penalty. 1. Nomination in Bank and Demat: According to SEBI and RBI regulations, it is now mandatory to add a nominee to all bank and…

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30

Mar

By The Press Editor

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Business

PM Narendra Modi to inaugurate Ahmedabad-Dholera Expressway on March 31

Gandhinagar: Prime Minister Narendra Modi will visit Gujarat on Tuesday, March 31, 2026, and during his visit, he is scheduled to lay the foundation stone and inaugurate several development projects worth over Rs 20,000 crore in various cities and districts of the state. According to the information shared, PM Modi will inaugurate the Ahmedabad-Dholera Expressway, built at a cost of over Rs 5,100 crore. This expressway will improve regional connectivity, promote industrial development in the Dholera Special Investment Region (DSIR) and accelerate economic growth.  PM to lay foundation stone of Idar-Badoli bypass  The Prime Minister will lay the foundation stone…

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30

Mar

By The Press Editor

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Business

IT stock in focus after getting credit rating boost on strong AI-driven growth, check details

Mumbai: AI-based digital transformation and technology consulting company Kellton Tech Solutions Ltd has received an upgrade to its credit rating from ICRA Ltd. In its latest exchange filing, the company said that its bank facilities have been upgraded to A- (Stable) from the earlier BBB+ rating. ICRA also noted that more than 80 per cent of the company's revenue comes from long-term customers, contributing to stable, predictable earnings. The upgrade reflects the company’s strong financial performance, balanced debt position, and consistent growth trajectory.  Share price today Amid this, the stock opened the trading session in the red at Rs 14.20,…

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30

Mar

By The Press Editor

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Business

Jewellery stock on investors’ radar on signing MoU with National Skill Development Corporation

Mumbai: Shares of Delhi-based PC Jeweller are in focus as the company has informed exchanges that it has signed a  Memorandum of Understanding (MoU) with the National Skill Development Corporation (NSDC), a subsidiary of the Ministry of Skill Development and Entrepreneurship, Government of India. As part of this MoU, the company has been selected as an industry/franchise partner for the gems and jewellery sector to develop and onboard up to 2 lakh micro-entrepreneurs in the country over a period of 5 years. Amid this, the stock opened at Rs 7.95 against the previous close of Rs 7.98 on the BSE.…

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30

Mar

By The Press Editor

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Business

NBFC stock starts session in green as board approves allotment of 6.63 crore convertible warrants

Mumbai: NBFC stock Golden Legend Leasing & Finance Ltd opens in green even as benchmark indices Sensex and Nifty tumbled in early trade on Monday as the ongoing war in West Asia continues to rattle markets globally, driving crude oil prices higher. The stock is in focus as the company, in its latest exchange statement, stated that its Board of Directors has approved the allotment of 6.63 crore convertible warrants to non-promoter (public) category investors following the receipt of a total of Rs 21.49 crore, 25 per cent of the total amount of warrants. Convertible into equity shares in a 1:1…

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30

Mar

By The Press Editor

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Business

CMPDI IPO Listing On NSE, BSE: Muted debut, shares list at around 7% discount

Mumbai: Shares of Central Mine Planning and Design Institute (CMPDIL) listed on Monday with a nearly 7 per cent discount to the issue price of Rs 172. The company's stock started trading at Rs 160, down 6.98 per cent from the issue price on the National Stock Exchange (NSE). At the BSE, it declined 5.35 per cent to Rs 162.80 in opening deals. However, the stock rebounded to touch the high of Rs 168.40. Last seen, the stock was trading at Rs 166.50, and the market cap of the company stood at Rs 11,927.37 crore. Earlier, the initial public offering…

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30

Mar

By The Press Editor

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Business

IRB Infra Share Price: Stock trades in green after adjusting for bonus issue – Full details here

Mumbai: Shares of IRB Infrastructure, India's leading and largest toll road infrastructure developer in the highways segment, gained on Monday even as equity benchmark indices Sensex and Nifty tumbled in early trade as oil prices surged amid the ongoing war in West Asia. The shares jumped after trading adjusted for the bonus issue. The board of directors of the company has approved a 1:1 bonus issue, entitling shareholders to one bonus share for every share held as of the record date. The board of directors of the company fixed March 30, 2026, as the ex-date for this corporate action and…

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30

Mar

By The Press Editor

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Business

Market Opening Bell: Sensex tumbles 1,018 points, Nifty below 22,600 following slump in global markets

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, started the trading session gap-down on Monday, March 30, 2026, amid worries about soaring oil prices.  While the 30-share BSE Sensex tumbled 1,018 points or 1.38 per cent to start the session at 72,565.22, the Nifty fell 269.95 points to open at 22,549.65. In the last trading session, the Sensex closed at 73,583.22 and the Nifty 50 at 22,819.60. Similarly, the broader indices traded in the red in the opening session. While the BSE Midcap Select Index shed 289.91 points, or 1.90 per cent, in the early trading session, the BSE Smallcap…

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