Author: Legal Parivar

Benchmark equity indices Sensex and Nifty traded lower on Tuesday, pressured by continued foreign fund outflows and a subdued trend across global markets, which dampened investor sentiment. Around 12:15 pm, the Sensex declined 180.08 points, or 0.21%, to 84,515.46, while the Nifty slipped 57.55 points, or 0.22%, to 25,884.55. Earlier in the session, the Sensex touched an intraday high of 84,802.64, while the Nifty rose to 25,975.85, before paring gains. Market Performance Within the Nifty50 pack, stocks such as Eternal, Max Healthcare, and InterGlobe Aviation were among the key laggards, falling up to 2%. On the other hand, Shriram Finance…

Shares of Waaree Energies declined around 2% on December 30, a day before the stock is set to enter the futures and options (F&O) segment. The decline came after the company announced the resignation of its Chief Executive Officer Amit Paithankar, who has decided to pursue opportunities outside the organisation. The solar energy company’s shares slipped to an intraday low of ₹2,926.10, extending losses for the fourth consecutive trading session. At the time of reporting, the stock was trading lower amid increased investor caution. CEO Resignation and Leadership Transition In a regulatory filing released after market hours on December 29,…

Shares of InterGlobe Aviation, the parent company of IndiGo airline, declined nearly 2% on December 30, as investors reacted to a dip in market share in November and the airline’s decision to revise pilot allowances amid ongoing operational adjustments. According to data released by the Directorate General of Civil Aviation (DGCA), IndiGo’s domestic market share slipped to 63.6% in November, down from 65.6% in October. The marginal decline comes at a time when the country’s largest airline is working to stabilise operations following widespread flight disruptions earlier this month. IndiGo has introduced higher allowances for pilots, aiming to improve morale…

Shares of small-cap power company KPI Green Energy surged sharply in intraday trade on Tuesday, December 30, bucking the weak broader market sentiment. The stock rose over 14% on the BSE, snapping its two-day losing streak. KPI Green Energy share price opened at ₹404.05, nearly flat compared to its previous close of ₹404, before gaining strong momentum to hit an intraday high of ₹462, marking a rise of 14.4%. Around 11:20 am, the stock was trading 13.69% higher at ₹459.30. Meanwhile, the benchmark Sensex slipped 57 points to 84,639, highlighting the stock’s relative outperformance. KPI Green Energy Share Price Performance…

Shares of Shyam Dhani Industries made a stellar debut on the Indian stock market on Tuesday, December 30, listing at a massive 90% premium over the issue price on the NSE SME platform. The stock opened at ₹133 per share, compared with the IPO price of ₹70, and quickly gained further momentum to touch ₹136, reflecting strong investor enthusiasm. The impressive listing performance was largely in line with expectations from the grey market, where the IPO had been commanding a robust grey market premium (GMP) of around ₹68 ahead of its debut. Shyam Dhani IPO Details The ₹38.49-crore public issue…

Indian equity benchmark indices opened Monday’s trading session on a flat note, reflecting cautious sentiment amid year-end trading. The NSE Nifty 50 opened flat at 25,945, while the BSE Sensex also started unchanged at 84,686. The Bank Nifty slipped 29 points or 0.05% to open at 58,904. Broader markets underperformed, with the Nifty Midcap 100 opening 18 points or 0.03% lower at 59,983, while small-cap stocks also traded in the red during early trade. In the previous session, the market witnessed selling pressure after slipping below the 26,000 mark. The advance-decline ratio remained tilted in favour of declining stocks, and…

Silver rate today in India rebounded on Tuesday after witnessing a sharp sell-off in the previous session, while global prices stabilised following the steepest one-day fall in over five years as traders booked profits after a strong year-end rally. On the MCX, silver prices jumped over 4% to ₹2.36 lakh per kg. In the previous session, March delivery contracts had crossed the ₹2.5 lakh mark for the first time, touching a record ₹2,54,174 before witnessing a sharp reversal. Prices later crashed ₹28,674 per kg, or 10.3%, to hit an intraday low of ₹2,25,500. In the international market, silver traded near…

With just two days left before the December 31 deadline for filing companies’ annual returns, persistent technical glitches on the Ministry of Corporate Affairs (MCA) portal have triggered panic among professionals and company filers, leading to widespread calls for an immediate deadline extension. Over the weekend, hundreds of users took to X (formerly Twitter) reporting frequent crashes, session timeouts, and complete inaccessibility of the portal. The hashtag #ExtendDueDateImmediately began trending as filers warned of potential statutory non-compliance due to system failures beyond their control. The pressure has intensified as December 31 also marks the deadline for GSTR-9, GSTR-9C, and revised…

Shares of Bharat Electronics Ltd (BEL) edged higher in early trade on December 30 after the defence PSU announced it had secured additional orders worth ₹569 crore since its last disclosure on December 12, 2025. At 9:17 am, BEL shares were trading at ₹396.35, up ₹2.95 or 0.75% on the BSE. On the NSE, the stock hovered around ₹395, gaining nearly 0.5%. According to the company, the fresh orders include supplies of radars, tank overhaul systems, communication equipment, fire control systems, simulators, antenna stabilisation systems, security software, along with components, upgrades, spares, and related services. Earlier on December 12, BEL…

IndiGo has announced new pilot allowances and increased some existing ones, signaling the airline’s effort to enhance morale following a wave of mass flight cancellations earlier this month that disrupted operations across India. The move comes as India’s largest airline, which holds a 65% share of the domestic market, faces heightened regulatory scrutiny and a competition probe. Effective January 1, the changes were communicated by Ashim Mittra, Senior Vice President for Flight Operations. Layover allowances for captains will rise to Rs 3,000 ($33.37) from Rs 2,000, while first officers will receive Rs 1,500 instead of Rs 1,000. The airline is…