Sensex tumbles over 1000 points today, closes down at 72,404.17

Sensex tumbles over 1000 points today, closes down at 72,404.17

Sensex tumbles over 1000 points today, closes down at 72,404.17 Sensex tumbles over 1000 points today, closes down at 72,404.17 Key Highlights: Indian benchmark indices faced a grim session on Thursday, marking their third straight day of decline as weak March quarter results and ongoing election uncertainties weighed heavily on investor sentiment. The Sensex, initially […]

Balaji Telefilms Shares Surge to 52-Week High Ahead of Board Meeting

Balaji Telefilms Shares Surge to 52-Week High Ahead of Board Meeting

Balaji Telefilms Shares Surge to 52-Week High Ahead of Board Meeting/Mint Balaji Telefilms Shares Surge to 52-Week High Ahead of Board Meeting Balaji Telefilms, a prominent entertainment company listed on the NSE, experienced a notable surge on Thursday, hitting a fresh 52-week high despite the prevailing gloom in the stock market. The shares opened at […]

BPCL Hits 52-Week High, HPCL and IOCL Follow Suit

BPCL Hits 52-Week High, HPCL and IOCL Follow Suit

BPCL Hits 52-Week High, HPCL and IOCL Follow Suit BPCL Hits 52-Week High, HPCL and IOCL Follow Suit Bharat Petroleum Corporation Ltd (BPCL) witnessed a robust surge, with its share price gaining over 4% to reach 52-week highs on Thursday. The positive momentum extended to Hindustan Petroleum Corporation (HPCL) and Indian Oil Corporation (IOCL), both […]

Stock Market Update Feb 07-2024: Sensex & Nifty Dip at Noon

Stock Market Update Feb 07-2024

Stock Market Update Feb 07-2024: Sensex & Nifty Dip at Noon/ANI Stock Market Update Feb 07-2024: Sensex & Nifty Dip at Noon At noon, benchmark indices faced a downturn, particularly dragged down by IT stocks, while the broader market managed to retain its earlier gains. The Sensex witnessed a decline of 211.95 points or 0.29%, […]

TCS Hits Rs 15 Lakh Crore Market Cap, Achieving Historic Milestone

TCS Hits Rs 15 Lakh Crore Market Cap

TCS Hits Rs 15 Lakh Crore Market Cap, Achieving Historic Milestone/Bloomberg TCS Hits Rs 15 Lakh Crore Market Cap, Achieving Historic Milestone Tata Consultancy Services (TCS), India’s largest IT firm, reached a historic milestone by achieving a market capitalization of ₹15 lakh crore in today’s trading session. This marks the first time the company has […]

Apeejay Surrendra Park Hotels IPO: Grey Market Premium Indicates Positive Sentiment

Apeejay Surrendra Park Hotels IPO: Grey Market Premium Indicates Positive Sentiment

Apeejay Surrendra Park Hotels IPO: Grey Market Premium Indicates Positive Sentiment Apeejay Surrendra Park Hotels IPO: Grey Market Premium Indicates Positive Sentiment The initial public offering (IPO) of Apeejay Surrendra Park Hotels Limited has been introduced in the Indian primary market, with a price band set at ₹147 to ₹155 per equity share. As of […]

FII-Backed Multibagger Chemical Stock Approaches Lifetime High Post Q3 2024 Results

FII-Backed Multibagger Chemical Stock Approaches Lifetime High Post Q3 2024 Results

FII-Backed Multibagger Chemical Stock Approaches Lifetime High Post Q3 2024 Results/Mint FII-Backed Multibagger Chemical Stock Approaches Lifetime High Post Q3 2024 Results Kamdhenu Ventures, a chemical stock engaged in paint manufacturing, has emerged as one of the multibagger stocks in the Indian stock market over the past year, delivering impressive returns of around 200%. Notably, […]

Stock Market Update Feb 06-2024: Sensex and Nifty Show Resilience, Inch Up at Noon

Stock Market Update Feb 06-2024: Sensex and Nifty Show Resilience, Inch Up at Noon

Stock Market Update Feb 06-2024: Sensex and Nifty Show Resilience, Inch Up at Noon/PTI Stock Market Update Feb 06-2024: Sensex and Nifty Show Resilience, Inch Up at Noon At noon, the Sensex demonstrated resilience, rising by 385.83 points or 0.54% to reach 72,117.25, while the Nifty also climbed by 124.55 points or 0.57% to touch […]

L&T Share Price Falls 5% Despite Q3 Revenue Growth

L&T Share Price Falls 5% Despite Q3 Revenue Growth

L&T Share Price Falls 5% Despite Q3 Revenue Growth/Mint L&T Share Price Falls 5% Despite Q3 Revenue Growth Larsen & Toubro Ltd (L&T) witnessed a 5% decline in its share price during morning trades on Wednesday despite reporting a 19% year-on-year growth in consolidated revenues to ₹55,128 crore for the October-December 2023 quarter. The profit […]

Indian Stock Indices Dip Amid Profit Booking and FPI Selling

Indian Stock Indices Dip Amid Profit Booking and FPI Selling

Indian Stock Indices Dip Amid Profit Booking and FPI Selling /ANI Indian Stock Indices Dip Amid Profit Booking and FPI Selling Indian stock indices experienced a marginal decline at the opening bell on Wednesday, extending losses from the previous session. This slight fall is attributed to ongoing profit booking activities combined with recent selling of […]

HDFC Securities Identifies Two Smallcap Stocks as Fundamental Picks

HDFC Securities Identifies Two Smallcap Stocks as Fundamental Picks

HDFC Securities Identifies Two Smallcap Stocks as Fundamental Picks HDFC Securities Identifies Two Smallcap Stocks as Fundamental Picks As the Indian stock market experiences varied performances across indices, HDFC Securities’ Retail Research highlights Satin Creditcare Network and ZF Steering Gear (India) as Fundamental Picks. These smallcap stocks present potential for decent returns within a 2-3 […]

Star Health Q3 Results Today: Analysts Expect High Claim Ratio, Advise Holding

Star Health Q3 Results Today: Analysts Expect High Claim Ratio, Advise Holding

Star Health Q3 Results Today: Analysts Expect High Claim Ratio, Advise Holding Star Health Q3 Results Today: Analysts Expect High Claim Ratio, Advise Holding Star Health and Allied Insurance Company Ltd are set to declare Q3 results today, prompting market observers to closely monitor its share price. The stock opened positively, reaching an intraday high […]

Adani Power Surges 5 Percent: Impressive Q3 FY24 Results

Adani Power Surges 5 Percent: Impressive Q3 FY24 Results

Adani Power Surges 5 Percent: Impressive Q3 FY24 Results/Reuters Adani Power Surges 5 Percent: Impressive Q3 FY24 Results Shares of Adani Power, India’s largest private thermal power producer, surged 5% to ₹570 in early trade following robust financial results for the December quarter. The company reported a significant increase in net profit, soaring from ₹9 […]

BLS E-Services Limited IPO: Ready for Strong Market Debut

BLS E-Services Limited IPO: Ready for Strong Market Debut

BLS E-Services Limited IPO: Ready for Strong Market Debut BLS E-Services Limited IPO: Ready for Strong Market Debut The BLS E-Services Limited IPO is set for subscription from January 30 to February 1, with the anchor investor allocation scheduled for January 29. Key details and signals for investors: Investors are closely watching the subscription numbers […]

US Stock Market Gains Amid Strong Economic Indicators

US Stock Market Gains Amid Strong Economic Indicators

US Stock Market Gains Amid Strong Economic Indicators/AFP US Stock Market Gains Amid Strong Economic Indicators Thursday witnessed gains in most US stocks as robust economic indicators suggested the economy’s resilience, defying predictions of a recession after the Federal Reserve’s interest rate hike. Here are the key highlights: Despite some market fluctuations, the overall sentiment […]

EPACK Durable IPO Allotment Finalized; Listing on January 30

EPACK Durable IPO Allotment Finalized; Listing on January 30

EPACK Durable IPO Allotment Finalized; Listing on January 30 EPACK Durable IPO Allotment Finalized; Listing on January 30 The allotment status for EPACK Durable Limited IPO has been finalized, with the IPO subscription status reaching 16.37 times on the third day. Investors can check the EPACK Durable IPO allotment status on the registrar’s portal, Kfin […]

Tech Mahindra Faces Stock Decline Post Q3 Earnings

Tech Mahindra Faces Stock Decline Post Q3 Earnings

Tech Mahindra Faces Stock Decline Post Q3 Earnings/Pixabay Tech Mahindra Faces Stock Decline Post Q3 Earnings Shares of Tech Mahindra saw a nearly 7% intraday decline on Thursday following the release of the company’s December quarter results. The stock opened at ₹1,349.65, falling nearly 7% to ₹1,312.50 before closing 6.12% lower at ₹1,321.60. Tech Mahindra […]

Sensex and Nifty Close in the Red Amid Sectoral Variation

Sensex and Nifty Close in the Red Amid Sectoral Variation

Sensex and Nifty Close in the Red Amid Sectoral Variation/PTI Sensex and Nifty Close in the Red Amid Sectoral Variation Benchmark indices closed lower on Thursday, with IT, Pharma, Healthcare, and FMCG sectors witnessing the most significant losses. In contrast, Realty, Auto, Media, and Metal sectors finished the day in positive territory. Global Markets and […]

PSU Stocks Rally: BSE PSU Index Surges 1.2 Percent with Strong Performances

PSU Stocks Rally: BSE PSU Index Surges 1.2 Percent with Strong Performances

PSU Stocks Rally: BSE PSU Index Surges 1.2 Percent with Strong Performances/AP PSU Stocks Rally: BSE PSU Index Surges 1.2 Percent with Strong Performances India’s state-owned companies’ stocks maintained their upward momentum for the second consecutive trading session, with the BSE PSU index surging by 1.2% to reach 16,698 points. This rebound marked a significant […]

Sensex Dips as China-Related Stocks Extend Rally

Sensex Dips as China-Related Stocks Extend Rally

Sensex Dips as China-Related Stocks Extend Rally/PTI Sensex Dips as China-Related Stocks Extend Rally The Indian stock market, represented by the Sensex, witnessed a decline of 327.57 points or 0.46% at 70,732.74, while the Nifty also slipped by 78.20 points or 0.36% at 21,375.75 at 10 am on Thursday. The dip followed a two-day rally […]

Market Update – Key Highlights

Market Update - Key Highlights

Market Update – Key Highlights Market Update – Key Highlights The markets have responded positively to a combination of corporate earnings and global economic stimulus measures, contributing to a relatively upbeat trading session.

Tata Elxsi Faces Share Price Drop After Q3FY24 Results

Tata Elxsi Faces Share Price Drop After Q3FY24 Results

Tata Elxsi Faces Share Price Drop After Q3FY24 Results Tata Elxsi Faces Share Price Drop After Q3FY24 Results Tata Elxsi witnessed a nearly 5% decline in its share price during intra-day trading following the announcement of disappointing results for the quarter ending December (Q3FY24). The IT firm reported a 6% YoY increase in net profits, […]

Market Meltdown: Nifty and Sensex Plunge on Global Sell-Off

Market Meltdown: Nifty and Sensex Plunge on Global Sell-Off

Market Meltdown: Nifty and Sensex Plunge on Global Sell-Off /PTI Market Meltdown: Nifty and Sensex Plunge on Global Sell-Off Amidst a pervasive sell-off triggered by weak global cues, the Nifty 50 and the Sensex experienced significant losses in today’s trading session. The market sentiment, already fragile due to lackluster December quarter earnings, further weakened as […]

Indian Stock Market Rallies in Early Trade on Jan 23

Indian Stock Market Rallies in Early Trade on Jan 23

Indian Stock Market Rallies in Early Trade on Jan 23/Pixabay Indian Stock Market Rallies in Early Trade on Jan 23 The Indian stock market indices, Sensex and Nifty 50, surged nearly 1% in early trade on January 23, led by strong gains in IT and banking stocks. The Sensex rose over 600 points to open […]

Maxposure IPO Stellar Debut with 339.39 Percent Premium

Maxposure IPO Stellar Debut with 339.39 Percent Premium

Maxposure IPO Stellar Debut with 339.39 Percent Premium/PTI Maxposure IPO Stellar Debut with 339.39 Percent Premium Maxposure made a remarkable debut on January 23, listing at ₹145, representing an impressive 339.39% premium to the issue price of ₹33 on the NSE SME platform. The ₹20.26 crore IPO, open for subscription from January 15-17, witnessed robust […]

ICICI Bank Shares Surge on Q3 Results

ICICI Bank Shares Surge on Q3 Results

ICICI Bank Shares Surge on Q3 Results ICICI Bank Shares Surge on Q3 Results ICICI Bank’s share price surged over 5% in early trade after the private sector lender reported Q3 results that were in line with street estimates. The shares gained 5.86%, reaching a 52-week high of ₹1,067.40 on the BSE. As the second-largest […]

Indian IPOs: Short-Term Pop vs. Long-Term Value

Indian IPOs: Short-Term Pop vs. Long-Term Value

Indian IPOs: Short-Term Pop vs. Long-Term Value/Shutterstock Indian IPOs: Short-Term Pop vs. Long-Term Value India’s IPO market has seen a surge in activity, outpacing China and Japan, but a significant number of these offerings may underperform in the long run. YK2 Partners analyzed two decades of initial fundraising, revealing an average annual return of -3.5% […]

Trading Halted: Stock Market Closure on January 22, 2024, Due to Ayodhya Ram Mandir Ceremony

Trading Halted: Stock Market Closure on January 22, 2024, Due to Ayodhya Ram Mandir Ceremony

Trading Halted: Stock Market Closure on January 22, 2024, Due to Ayodhya Ram Mandir Ceremony/Bloomberg Trading Halted: Stock Market Closure on January 22, 2024, Due to Ayodhya Ram Mandir Ceremony Maharashtra Declares Public Holiday; Trading Suspended at BSE and NSE In light of the ‘Pran Pratishtha’ ceremony at Ayodhya Ram Mandir, the Maharashtra State Government […]

SEBI to Review Policies and Take Action Against IPO Malpractices

SEBI to Review Policies and Take Action Against IPO Malpractices

SEBI to Review Policies and Take Action Against IPO Malpractices/ANI SEBI to Review Policies and Take Action Against IPO Malpractices Madhabi Puri Buch, Chairperson of the Securities and Exchange Board of India (SEBI), announced that the regulatory body is collecting evidence and data related to mule accounts and inflated initial public offering (IPO) applications. Speaking […]