Latest news with #ShriramFinance
Business Upturn
12 hours ago
- Business
- Business Upturn
Nifty 50 top losers today, July 2: Shriram Finance, HDFC Life, IndusInd Bank, Bajaj Finserv, Larsen & Toubro and more
By Aman Shukla Published on July 2, 2025, 15:40 IST Indian stock markets closed lower on July 2, with both the Sensex and the Nifty ending in the red. The Sensex dipped 287.60 points to close at 83,409.69, while the Nifty lost 88.40 points, settling just below the 25,500 level at 25,453.40. Market sentiment stayed cautious, especially in heavyweight stocks. Several Nifty 50 companies witnessed notable declines. Among the biggest losers of the day were well-known names such as Shriram Finance, HDFC Life and IndusInd Bank. Let's take a closer look at the top losers of the Nifty 50, according to Trendlyne. Nifty 50 top losers on July 2 Shriram Finance closed at ₹676.6, down 2.9%. HDFC Life Insurance ended at ₹789.1, falling 2.6%. IndusInd Bank settled at ₹856.8, dropping 2.5%. Bajaj Finserv closed at ₹2009.1, losing 2.2%. Larsen & Toubro ended at ₹3593.8, down 2.0%. Bajaj Finance closed at ₹922.7, slipping 1.5%. Cipla ended at ₹1495.4, down 1.3%. HDFC Bank settled at ₹1985.5, falling 1.3%. Bharat Electronics closed at ₹427.7, down 1.1%. Oil and Natural Gas Corporation ended at ₹241.1, slipping 0.9%. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Bajaj FinservHDFC LifeIndusInd bankLarsen & ToubroNiftyShriram Finance Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Times of Oman
6 days ago
- Business
- Times of Oman
Indian markets closed with strong gains for third day, bullish sentiments back says experts
Mumbai: The Indian stock markets on Thursday ended with sharp gains, witnessing Nifty 50 at National Stock Exchange (NSE) reclaiming its highest closing level in nearly nine months. AT the end of the trading session, Nifty was up 304.25 points or 1.21 per cent at 25,549 while the BSE Sensex climbed 1,000.36 points or 1.21 per cent, reaching at 83,755.87. The Indian market rallied for the third straight session due to the easing tensions in the Middle East. "The index not only crossed the psychological mark of 25500 but also sustained above it, registering its highest daily close since October 2024. This move indicates a potential shift in momentum and growing bullish sentiment in the market," said Sudeep Shah, Head - Technical Research and Derivatives at SBI Securities. Among the index constituents, Shriram Finance, Jio Financial Services, and Bajaj Finance emerged as the top gainers, while Dr Reddy's and Tech Mahindra were the major losers. On the sectoral front, Nifty Metal, Nifty Oil & Gas, and Nifty Financial Services outperformed, whereas Nifty Media and Nifty Realty closed in the red. Despite the strong performance in the frontline indices, broader markets underperformed. Both Nifty Midcap 100 and Nifty Smallcap 100 showed subdued movement, reflecting selective participation. Furthermore, the Advance/Decline ratio remained flat, suggesting the rally lacked broad-based support across the wider market. The market experts say that the benchmark index Nifty finally gave a breakout from its 31-day consolidation range on the June monthly expiry day. On the daily chart, it formed a sizeable bullish candle, reinforcing the strength of the breakout, the experts said, adding that the daily Relative Strength Index (RSI) has broken out of a Symmetrical Triangle pattern, indicating a surge in bullish momentum. Observing the markets, Shrikant Chouhan, Head Equity Research, Kotak Securities, said, "We believe that the intraday market texture is bullish, but due to temporary overbought conditions, we could see range-bound activity in the near future. For day traders, buying on intraday corrections and selling on rallies would be the ideal strategy." "The benchmark index reflected strong investor confidence, underpinned by the apparent stability of the Middle East ceasefire, which has eased concerns over potential supply chain disruptions," said Vinod Nair, Head of Research, Geojit Investments Limited. According to the analysts, the Foreign Institutional Investors (FIIs) continued to pare holdings due to the narrowing yield spread between US and Indian 10-year bonds; Domestic Institutional Investors (DIIs) emerged as net buyers, buoyed by improving liquidity conditions and a rebound in domestic consumption.
Business Upturn
24-06-2025
- Business
- Business Upturn
Nifty 50 top gainers today, June 24: Adani Ports, Jio Financial Services, Shriram Finance, Grasim Industries and more
By Aman Shukla Published on June 24, 2025, 15:40 IST Indian stock markets closed on a strong note on June 24, with both benchmark indices ending the session in the green. The Nifty 50 ended above the 25,000 mark, closing at 25,044.35, up 72.45 points (0.29%). The Sensex too finished higher by 158.32 points (0.19%), settling at 82,055.11. Among the Nifty 50 stocks, several companies recorded significant gains, led by Adani Ports, Jio Financial Services and Shriram Finance. Below is a detailed look at the top gainers of the Nifty 50 (as per Trendline) for the day. Nifty 50 Top Gainers on June 24 Adani Ports & Special Economic Zone closed at ₹1394.00, up by 2.9% . Jio Financial Services ended at ₹300.80, gaining 2.6% . Shriram Finance settled at ₹675.50, up by 2.1% . Grasim Industries closed at ₹2779.70, rising 2.1% . Kotak Mahindra Bank finished at ₹2223.60, up 1.8% . Tata Steel ended the day at ₹155.00, a gain of 1.7% . SBI Life Insurance Company closed at ₹1848.90, up 1.7% . Dr. Reddy's Laboratories settled at ₹1339.80, increasing 1.7% . Eicher Motors ended at ₹5630.00, up 1.4% . Adani Enterprises closed at ₹2505.00, gaining 1.3%. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
The Hindu
18-06-2025
- Business
- The Hindu
Shriram Finance to revise interest rates on fixed deposits from June 26
Shriram Finance Ltd., the flagship company of the diversified conglomerate Shriram Group, would revise its interest rates on fixed deposits with effect from June 26, the company said on Wednesday. As per the revised structure, senior citizens (aged 60 years and above at the time of deposit or renewal) would be eligible for an additional interest of 0.50% per annum while women depositors would receive an additional 0.05% per annum on fixed deposits. For deposits of 12 months, the existing rate of 7.65% would be revised to 7.35% while for deposits made through digital mode for a period of 15 months would be revised to 7.50% from the current 7.90%, Shriram Finance said in a company statement on Wednesday. For 18 months, the interest rates would be revised to 7.40% (current 7.80%), 24 months 7.50% from the existing 7.90%. Interest rates would be revised to 8% (from the existing 8.40%) on deposits with a tenure of 36, 50 and 60 months, respectively. Shriram Finance said the interest rates on Fixed Investment Plans (FIPs) which are available via the 'Shriram One' mobile application and website would also be revised from June 26, 2025. Shriram Finance Ltd currently has a pan India presence of 3,220 branches and an employee base of 79,872. It serves about 95.56 lakh customers, it said.
Time of India
18-06-2025
- Business
- Time of India
Shriram Finance to revise interest rates on fixed deposits from June 26
Shriram Finance Ltd , the flagship company of the diversified conglomerate Shriram Group, would revise its interest rates on fixed deposits with effect from June 26, the company said on Wednesday. As per the revised structure, senior citizens (aged 60 years and above at the time of deposit or renewal) would be eligible for an additional interest of 0.50 per cent per annum while women depositors would receive an additional 0.05 per cent per annum on fixed deposits. For deposits of 12 months, the existing rate of 7.65 per cent would be revised to 7.35 per cent while for deposits made through digital mode for a period of 15 months would be revised to 7.50 per cent from the current 7.90 per cent, Shriram Finance said in a company statement on Wednesday. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like If You Eat Ginger Everyday for 1 Month This is What Happens Tips and Tricks Undo For 18 months, the interest rates would be revised to 7.40 per cent (current 7.80 per cent), 24 months 7.50 per cent from the existing 7.90 per cent. Interest rates would be revised to 8 per cent (from the existing 8.40 per cent) on deposits with a tenure of 36, 50 and 60 months, respectively. Live Events Shriram Finance said the interest rates on Fixed Investment Plans (FIPs) which are available via the 'Shriram One' mobile application and website would also be revised from June 26, 2025. Shriram Finance Ltd currently has a pan India presence of 3,220 branches and an employee base of 79,872. It serves about 95.56 lakh customers, it said.
