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Elcid investments: From penny stock to India’s most expensive share at Rs 2.36L

Elcid investments: From penny stock to India’s most expensive share at Rs 2.36L

Elcid Investments' stock price soared from Rs 3.53 to Rs 2.36 lakh, becoming India’s most expensive stock through a special call auction. Discover how this penny stock turned multibagger and the unique factors that triggered its historic rise.

01 November,2024 02:22 PM IST | Mumbai | Anisha Shrivastava
NSE, BSE to remain closed on Friday for Diwali

NSE, BSE to remain closed on Friday for Diwali

Muhurat Trading, a special session held on Diwali evening, represents prosperity and ushers in the new Samvat year, or Hindu fiscal year

01 November,2024 12:57 PM IST | Mumbai | mid-day online correspondent
Sensex, Nifty drop amidst foreign outflows and IT sector sell-off

Sensex, Nifty drop amidst foreign outflows and IT sector sell-off

Sensex and Nifty declined for the second consecutive day, pressured by foreign fund outflows and losses in IT stocks. Key players like Tech Mahindra and TCS led the decline, while select heavyweight stocks like L&T offered some support.

31 October,2024 04:38 PM IST | Mumbai
Rupee settles flat, gains 1 paisa against US dollar on month-end demand

Rupee settles flat, gains 1 paisa against US dollar on month-end demand

The rupee held steady against the dollar on Thursday, rising by 1 paisa to close at 84.07 amidst month-end demand and potential RBI intervention. Foreign fund outflows and importer demand weighed on the currency as it neared record low levels.

31 October,2024 04:34 PM IST | Mumbai
When is the stock market closed for Diwali: October 31 or November 1?

When is the stock market closed for Diwali: October 31 or November 1?

As India prepares for Diwali celebrations, uncertainty about the exact date has emerged, affecting stock market holiday schedules. With Diwali festivities set for either October 31 or November 1, the stock exchanges will remain open on October 31 and observe a holiday on November 1, hosting a special Muhurat Trading session in the evening.

31 October,2024 10:31 AM IST | Mumbai
Rupee opens flat, gains 1 paisa to 84.07 against US dollar in early trade

Rupee opens flat, gains 1 paisa to 84.07 against US dollar in early trade

The Indian rupee opened on a stable note on Thursday, rising by 1 paisa to 84.07 against the US dollar amid persistent foreign fund outflows and month-end dollar demand. Analysts predict that the rupee will remain within a narrow range as upcoming IPO inflows may provide some relief.

31 October,2024 10:14 AM IST | Mumbai
Closing bell: Sensex and Nifty fall on selling in banking and financial stocks

Closing bell: Sensex and Nifty fall on selling in banking and financial stocks

The Sensex and Nifty indices declined on Wednesday, pressured by selling in banking and financial stocks, along with weak trends in global markets and continued foreign fund outflows.

30 October,2024 04:15 PM IST | Mumbai
Rupee falls 4 paise to close at 84.09 against US dollar

Rupee falls 4 paise to close at 84.09 against US dollar

The Indian rupee depreciated by 4 paise to close at 84.09 against the US dollar, influenced by weak domestic markets and increased dollar demand from importers.

30 October,2024 04:08 PM IST | Mumbai
Sensex falls 366.53 points; Nifty down 129.25 points

Sensex falls 366.53 points; Nifty down 129.25 points

The Sensex and Nifty declined sharply in early trade on Wednesday, pressured by falling bank stocks and weak trends in Asian markets. Analysts remain cautiously optimistic about potential support from Domestic Institutional Investors.

30 October,2024 10:25 AM IST | Mumbai
Rupee falls 2 paise to 84.07 against US dollar amid foreign outflows

Rupee falls 2 paise to 84.07 against US dollar amid foreign outflows

The Indian rupee opened steady but fell by 2 paise to 84.07 against the US dollar in early trade, weighed down by persistent foreign fund outflows and muted domestic equities. Analysts suggest ongoing pressure on the rupee due to these factors.

30 October,2024 10:17 AM IST | Mumbai

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