IHCL takes an exit from TAJ GVK Hotels. Shalini Bhupal acquires 25% stake for 592 crores
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With around 34 million tonnes of capacity shifting in favour of the two market leaders, UltraTech Cement and Adani Cement.
The Indian benchmark indices ended sharply higher on May 6, 2026, with Nifty surging to 24,330 and Sensex gaining over 940 points to close at 77,958. Reports of a potential US-Iran peace deal triggered a sharp drop in crude oil prices below $100 per barrel, lifting investor sentiment across the board. Broad-based buying was seen across almost all sectors.
Benchmark indices ended in the red on May 5, 2026, with Nifty and Sensex declining due to elevated crude prices, rupee depreciation, and continued foreign investor outflows. Banking, realty, and consumer durable stocks led the losses, while defence, FMCG, and auto sectors showed resilience amid cautious market sentiment.
Benchmark indices ended on a positive note in a volatile session on May 4, 2026, driven by falling crude oil prices and improved investor sentiment following state election results. Realty, Metal, and Healthcare stocks led broad-based gains, while IT lagged.
Vedanta Ltd stock surged nearly 8% after its demerger, recovering from a technical dip and showing signs of stabilization. With strong trading volumes, delivery-based buying, and plans to list multiple business verticals, investors are betting on long-term value unlocking.
The Indian benchmark indices ended sharply higher on May 6, 2026, with Nifty surging to 24,330 and Sensex gaining over 940 points to close at 77,958. Reports of a potential US-Iran peace deal triggered a sharp drop in crude oil prices below $100 per barrel, lifting investor sentiment across the board. Broad-based buying was seen across almost all sectors.
Benchmark indices ended in the red on May 5, 2026, with Nifty and Sensex declining due to elevated crude prices, rupee depreciation, and continued foreign investor outflows. Banking, realty, and consumer durable stocks led the losses, while defence, FMCG, and auto sectors showed resilience amid cautious market sentiment.
Benchmark indices ended on a positive note in a volatile session on May 4, 2026, driven by falling crude oil prices and improved investor sentiment following state election results. Realty, Metal, and Healthcare stocks led broad-based gains, while IT lagged.
Vedanta Ltd stock surged nearly 8% after its demerger, recovering from a technical dip and showing signs of stabilization. With strong trading volumes, delivery-based buying, and plans to list multiple business verticals, investors are betting on long-term value unlocking.
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