NIFTY50 and SENSEX trade lower FM hikes capital gains tax and other key tweaks
Top gainer: Titan 3,447▲ 193 (+5.9%)
Top loser: Larsen & Toubro 3,507 ▼ 144 (-3.9%)
Budget 2024-25: Andhra-based stocks gain as FM announces financial aid to the state
Shares of Andhra Pradesh-based stocks such as Andhra Sugars, NCC Ltd, among others gained in trade on Tuesday, July 23, after the Finance Minister Nirmala Sitharaman, in her Budget 2024-25 speech, announced special financial support to the state. Read more
Suzlon Energy jumps 5% after announcing strong Q1 results
Suzlon Energy reported a 199% YoY growth in Q1 net profit to ₹302 crore while revenue grew by 49.55% YoY. The company also saw growth in EBITDA and expansion in EBITDA margins during the quarter. Shares of the company were trading 5% higher on Tuesday. Read more
MTNL shares double in seven trading sessions after govt release funds for bond payment
Mahanagar Telephone Nigam Limited (MTNL) continued its gaining streak with the stock jumping 10% to ₹83.87 on July 23, locked in the upper circuit as investor sentiment remained positive on the script.The share price has doubled in the last seven trading sessions and the stock rally started after the government deposited ₹92 crore to pay the immediate bond interest dues earlier this month. Read more