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19 Mar 2024, 11:53

Popular Vehicles shares make weak market debut; decline nearly 2% in opening trade

Popular Vehicles shares make weak market debut; decline nearly 2% in opening trade

Popular Vehicles shares make weak market debut; decline nearly 2% in opening trade

The stock of Popular Vehicles and Services Ltd made a weak market debut on Tuesday, listing with a discount of nearly 2 per cent, from the issue price of Rs 295. Shares of the company started the day at Rs 292, down 1 per cent from the issue price on the BSE. Later, the stock tumbled 10.88 per cent to Rs 262.90. On the NSE, it listed at Rs 289.20, registering a decline of 1.96 per cent.

TCS shares tank over 3% after Tata Sons divests 0.65% stake
19 Mar 2024, 11:49

TCS shares tank over 3% after Tata Sons divests 0.65% stake

Shares of Tata Consultancy Services (TCS) plunged more than 3 per cent in the morning trade on Tuesday as its promoter Tata Sons sold around 2.3 crore shares, or 0.65 per cent of equity stake, in the IT services major through block deals. TCS shares tumbled 3.30 per cent to a low of Rs 4,015.65 apiece on the NSE. On the BSE, the stock plunged 3.15 per cent to Rs 4,014 per piece, emerging a major drag on the benchmark Sensex.

Sensex, Nifty tank in early trade amid weak Asian markets, foreign fund outflows
19 Mar 2024, 10:17

Sensex, Nifty tank in early trade amid weak Asian markets, foreign fund outflows

Benchmark equity indices Sensex and Nifty declined in early trade on Tuesday in-tandem with weak Asian markets and fresh foreign fund outflows. Also, investors turned cautious ahead of the US Fed interest rate decision this week. The 30-share BSE Sensex tanked 420.56 points to 72,327.86 after opening on a weak note. The NSE Nifty declined 126.35 points to 21,929.35.