Over the five trading sessions ending May 08, the Sensex benchmark gained 0.54%, rising 415 points to close at 77,328. The index ended higher in two of the five sessions. Despite the modest gain in the benchmark, 42 stocks from the BSE 500 index advanced in each of the five consecutive sessions between May 4 and May 08. Among these, 14 stocks posted gains in all five sessions, delivering cumulative returns of up to 25% during the period. (Data Source: ACE Equity)
Tata Motors launches tender offer for Iveco Group; deal values company at €3.82 billion
Tata Motors has launched a €14.1-per-share cash tender offer for Iveco Group, valuing the Italian commercial vehicle maker at €3.82 billion. Backed by Iveco’s largest