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Sensex dives 188 points dragged by banking stocks, Nifty settles at 11,385

  • Indian benchmark indices BSE Sensex and NSE’s Nifty 50 closed lower on Thursday dragged by metal and banking stocks, offsetting gains in pharma and IT stocks. Read more...

GAIL, Infosys, Bajaj Finance, Bajaj Finserv from Nifty 50 hit new highs

Shares of four companies – Bajaj Finance, Bajaj Finserv, GAIL (India) and Infosys – from the Nifty 50 index hit their respective new high on the National Stock Exchange (NSE) on Thursday in otherwise range-bound market.

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Blackstone may buy stake in loyalty arm of Jet Airways, deal could value Jet Privilege at about Rs 3000-4000 cr

Blackstone Group LP is in talks to buy a stake in the loyalty program of Jet Airways India Ltd., the troubled Indian carrier that’s exploring options to raise cash, people with knowledge of the matter said.

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Sun Pharma hits 52-week high on USFDA approval, good Q1 results

Shares of Sun Pharmaceutical Industries hit its 52-week high of Rs 618, up 3% on the BSE in intra-day trade on Thursday, after the company announced that it has received approval for CEQUA from the U.S. Food and Drug Administration (FDA).

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