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08 Sep

Aluminium futures increase: New deals push fuel prices higher

Business CorrespondentBusiness, News

New Delhi: Aluminium prices rose by 75 paise to Rs 256.30 per kg in futures trade on Monday as speculators created new deals amid a positive trend in the spot market. At the Multi Commodity Exchange, the price of aluminium contract for October delivery rose by 75 paise, or 0.29 per cent, to Rs 256.30 per kg in a business turnover of 438 lots. Analysts said fresh buying by traders amid demand from consumer industries supported aluminium prices in the futures market.

06 Sep

Ola Electric Mobility shares downfall over 6%, Japan’s SoftBank sells 2.15% stake

Business CorrespondentBusiness, News

Shares of Ola Electric Mobility fell as much as 5.88% to hit a low of ₹60.71 per share on the National Stock Exchange (NSE) on Friday, September 5. The decline comes after Japan's SoftBank's investment arm, SVF II Ostrich (DE) LLC, sold its 2.15% stake in the electric vehicle (EV) company between July 15 and September 2, 2025. A regulatory filing released on Thursday said SoftBank's investment arm has sold a total of 94.9 million shares in Ola Electric Mobility. The filing said, "SVF II Ostrich (DE) LLC has disposed of an aggregate of 94,943,459 equity shares of Ola Electric…

04 Sep

M&M shares gain 7%, while other OEMs struggle to maintain gains

Business CorrespondentBusiness, News

After rationalisation of GST rates, investors' interest in auto stocks has increased with a significant reduction in GST rates in the new rate structure. The Nifty Auto index opened with a gain of over 3.5% on Thursday morning after the GST hike. Among all other stocks, M&M and Eicher Motors were the top two gainers on the index. M&M shares rose nearly 7% to hit a high of ₹3,550 per share on the NSE. The stock is currently trading 6.4% higher at ₹3,494 per share. While other carmakers are trading in the green with gains of up to 1%, trimming…

03 Sep

Bajaj Finance shares increase for fourth consecutive session

Business CorrespondentBusiness, News

Non-banking financial company Bajaj Finance Ltd continued its winning streak for the fourth consecutive trading session on Tuesday, September 2, 2025. On the National Stock Exchange (NSE), the stock opened at ₹895, higher than its previous close of ₹889.35. The stock then hit an intraday high of ₹899.55. As of 2:03 pm, shares of Bajaj Finance Ltd were trading 0.10% lower at ₹888.40. The company's market capitalisation as of September 2 was ₹5,52,774.18 crore. In the last four days, Bajaj Finance shares have gained 1.71%. On a monthly basis too, the stock has gained 0.34%. So far in 2025, it…

02 Sep

Gold Price Today!

Purbalee DuttaNews

Gold prices surged in the domestic futures market on Tuesday morning (September 2), driven by a weaker US dollar and growing expectations of a Federal Reserve rate cut this month. Concerns around US President Donald Trump’s tariff policies also added to the precious metal’s appeal as a safe haven. At around 9:15 AM, gold October futures on the MCX were up by 0.47% at ₹1,05,280 per 10 grams, while silver December futures rose 0.18% to ₹1,24,889 per kg. Globally, gold hit a record high, with US December gold futures climbing over 1% to $3,578.20. Investors are now awaiting Friday’s US…

01 Sep

Bajaj Auto shares upgrade 4%, company releases vehicle sales data for August

Business CorrespondentBusiness, News

Bajaj Auto shares rallied nearly 4% on Monday, September 1. The automaker reported a 5% year-on-year rise in total vehicle wholesales, including exports, in August to 417,616 units. According to its regulatory filing, the Pune-based automaker sold 397,804 vehicles in August 2024. However, the company's total domestic sales (including commercial vehicles) declined 8% to 232,398 units in August as against 253,827 units sold in the same month last year. According to the filing, its total exports grew 29% to 185,218 vehicles in July as against 143,977 units in the same period last year. Total two-wheeler sales, including exports, grew 2%…

30 Aug

Reliance Industries share price decrease 2%; 48th Annual General Meeting begins

Business CorrespondentBusiness, News

Reliance Industries shares fell over 2% at 2:45 pm during the ongoing Annual General Meeting. The highlight of the Annual General Meeting was Jio's IPO, which the chairman said is expected in the first half of 2026. Among other major announcements, the Jio IPO announcement was the most watched and was in line with the expected announcements at Reliance's Annual General Meeting. However, investor sentiment remains pessimistic as they expected the telco to go public in 2025. After the recent decline from its 52-week high of ₹1,544 per share on the NSE, Reliance shares have performed steadily in 2025 and…

29 Aug

Vikram Solar shares increase over 1% on the second day of listing, trading nearly 9% higher than the IPO issue price

Business CorrespondentBusiness, News

Vikram Solar Share Price: Shares of solar module maker Vikram Solar are trading in the positive zone on Thursday, August 28, the second day of listing. The stock rose 1.36% to ₹361.25 per share at 11:02 am on the National Stock Exchange (NSE). It gained 5.21% during the day's trade. It has a market capitalisation of ₹13,068.84 crore. The stock is up 8.81% from its issue price of ₹332 per share. The company's shares opened at ₹338, up 1.81% from the issue price on the NSE. It debuted at ₹340 on the BSE, showing a gain of 2.41%. Vikram Solar's…

28 Aug

Aluminium futures increase: New deals push fuel prices higher

Business CorrespondentBusiness, News

New Delhi: Aluminium prices rose 35 paise to Rs 253.15 per kg in futures trade on Thursday as speculators created new deals amid a positive trend in the spot market. At the Multi Commodity Exchange, the price of aluminium contract for September delivery rose 35 paise, or 0.14 percent, to Rs 253.15 per kg in a business turnover of 3,998 lots. Analysts said fresh buying by traders amid demand from consumer industries supported aluminium prices in the futures market.

27 Aug

Cottonseed oil futures prices downgrade on weak demand

Business CorrespondentBusiness, News

New Delhi: Cottonseed oil cake prices on Tuesday fell by Rs 49 to Rs 3,474 per quintal in futures trade as traders reduced their positions following a weak trend in the spot market. On the NCDEX, cottonseed oil cake contracts for September delivery fell by Rs 49, or 1.41 per cent, to Rs 3,474 per quintal in a business turnover of 31,930 lots. Analysts said selling by traders at current levels amid sluggish market sentiment mainly led to the fall in cottonseed oil cake prices.