The textiles and apparel company was among the top individual stock performers on the Bombay Stock Exchange during Wednesday’s market session.
Category: National
JSW Infrastructure Gains 4.4% on Renewed Infrastructure Investment Optimism
JSW Infrastructure shares advanced as broader infrastructure sector momentum returned on the back of government spending plans and India-US trade deal hopes.
Tech Mahindra Leads Sensex Gainers With 3.22% Rise on IT Sector Recovery
Tech Mahindra was the top performing stock on the BSE Sensex on Wednesday, as IT sector stocks rebounded from recent selling pressure.
India Anti-Dumping Authority Receives Complaint on Cold Rolled Electrical Steel Imports
A complaint filed alleged that cheap imports of Cold Rolled Grain Oriented Electrical Steel are significantly harming India’s domestic industry.
Turtlemint IPO Sees Sluggish Subscription Reaching Only 57% on Second Day
Investor caution around the insurtech platform’s financials and valuation concerns contributed to a muted response in the second day of Turtlemint’s public offering.
Bajaj Finance Rises 2.87% Among Top Sensex Gainers in Wednesday Session
The NBFC giant was one of the leading performers on the Sensex as financial sector stocks led the broader market recovery.
IndusInd Bank Gains 2.63% as Indian Private Banks Outperform Market on Recovery Day
Private sector banks led the market recovery as geopolitical easing improved risk appetite for Indian equities.
IIT Madras Professor B Ravindran Named India’s Sole Representative on UN AI Scientific Panel
The head of the Centre for Responsible AI at IIT Madras was appointed to the UN’s newly formed Independent International Scientific Panel on AI for a three-year term.
Nifty India Defence Falls 0.91% as Defence Stocks Buck Broader Rally
While most sectors advanced, defence-related stocks pulled back as investors rotated into financials and technology amid geopolitical easing.
State-Run Refiners See Improved Petrol and Diesel Margins Since West Asia Conflict Eased
Composite margins on petrol and diesel sales at state-run refiners are now above pre-conflict levels as crude oil prices ease following the US-Iran memorandum.