Shares of PNB Housing Finance Ltd experienced a significant drop of over 2% in Tuesday’s trading session, accompanied by a notable increase in turnover on the Bombay Stock Exchange (BSE). This decline follows reports suggesting that the Carlyle Group, a prominent global investment firm, is preparing to sell a substantial stake in the state-run housing finance company.
According to a recent…
Indian Stock Market Update: Indices Surge on Strong Q1 Results; Infosys and Vodafone Idea Lead Gains
In a dynamic trading session, Indian equities surged to record highs, bolstered by stellar quarterly earnings from key sectors. The BSE Sensex rallied 626.91 points to close at 81,343.46, while the Nifty50 jumped 187.85 points to settle at 24,800.85, marking significant gains amidst robust investor confidence.
Tech Giants Shine
Infosys stole the limelight with a 7.1% rise in consolidated PAT to Rs…
