News Overview

Mindtree and Sapiens International Corporation (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance, banking and financial services industries, today announced a partnership to help insurance companies drive digital transformation. The combination of Sapiens industry-leading, cloud-native, core suite of banking and insurance applications, and Mindtrees deep domain knowledge and expansive delivery capabilities will enable insurance companies to increase scale, speed-to-market, […]

Mahindra CIE Automotive Ltd saw volume of 35.76 lakh shares by 14:19 IST on NSE, a 23.34 fold spurt over two-week average daily volume of 1.53 lakh shares

Equity indices traded with heavy losses during mid afternoon trade, as metal, IT and FMCG dragged the market lower. The Nifty continues to trade below its 200 days simple moving average placed at 17,199.18. At 14:27 IST, the barometer index, S&P BSE Sensex slumped 700.32 points or 1.22% at 56,496.52. The Nifty 50 index shed 239.55 points or 1.4% at 16,932.70. The broader market traded […]

The euro resumed its downtrend against the US dollar after a brief respite early in the day from pro-EU centrist Emmanuel Macron re-election as Frances president. The single common currency weakened to below $1.075 and hit a fresh two-year low against the greenback. The euro, along with most of its major peers, has been bruised by an upward march by the dollar. The US Dollar […]

From CRISIL

Shriram Properties said that it has entered into a memorandum of understanding (MoU) with LOGOS for a potential sale of up to 90 acres of land in Shriram Grand City at Uttarpara, Kolkata.

Hikal skid 5.42% to Rs 395 after the company has received a direction from Maharashtra Pollution Control Board (MPCB) on 22 April 2022, for the closure of its manufacturing unit in MIDC Taloja, Raigad, within 15 days of the receipt of direction.

Energy stocks were trading in red, with the S&P BSE Energy index decreasing 204.94 points or 2.35% at 8509.8 at 13:51 IST.

Real Estate stocks were trading in red, with the S&P BSE Realty Index index decreasing 116.33 points or 3.27% at 3442.67 at 13:51 IST.

Metal stocks were trading with losses, with the S&P BSE Metal index decreasing 719.58 points or 3.23% at 21576.31 at 13:51 IST.