Stocks with a strong presence in Andhra Pradesh are in focus today following the announcements of Budget 2024 by Finance Minister Nirmala Sitharaman. For the first time in a decade, the Union Budget 2024–2025 has allocated significant funds to the state, drawing investor attention to companies operating there. The Finance […]
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Continuing their stellar rally, shares of Suzlon Energy have attained another significant milestone in today’s session by hitting a 14-year peak as investors reacted positively to the company’s June quarter numbers, which were released on Monday, post market hours. In the June quarter, Suzlon Energy achieved its highest wind turbine […]
A recent study by Bajaj Finserv Asset Management Limited emphasises the reliability of large-cap investments across various market conditions. The study reveals that largecaps have closed in the positive territory for 18 out of the last 21 years, showcasing their resilience and consistent performance. Additionally, the large-cap index has outperformed […]
Once a penny stock, Panyam Cements and Mineral Industries has transformed into a multibagger success story, delivering phenomenal returns to its investors recently. Over the past year, the stock has performed remarkably, soaring by 2986 percent and maintaining investor confidence amid market fluctuations. From its 52-week low of ₹11.32 on […]
Presenting a comprehensive recap of the week’s highlights, spanning from top news to market performance, here’s your market wrap for the week concluding on July 19, 2024. Source link
Q1 results today on July 20: At least nine companies are set to announce their FY25 first quarter (Q1) financial results today, on Saturday, July 20. The Q1FY25 earnings season started from July 8 and prominent companies are among those set to declare their Q1 results this week. A host […]
Although the banking sector has lagged behind the Indian benchmark Nifty index over the past 6 to 12 months, it is well-positioned for substantial long-term growth, driven by India’s largely underbanked population. In 2024, the Nifty Bank index has risen over 8 percent year-to-date, trailing the benchmark Nifty’s almost 13 […]
Budget 2024: On the Budget day, Sunil Damania, Chief Investment Officer, MojoPMS feels that a trading approach is less sensible compared to an investment strategy as budget’s impact on market volatility has diminished. While Damania says that the market will be closely monitoring potential changes in the capital gains tax […]
Indian defence stocks have seen a remarkable rally in recent years, fueled by strong order wins, revenue growth, and the government’s significant push for indigenisation in the defence sector. However, this impressive surge has led many of these stocks to trade at high valuations, raising concerns about their potential for […]
Expectations are high that the Union Budget 2024 will include measures to accelerate EV (electric vehicle) penetration in India. The automobile sector expects Union Finance Minister Nirmala Sitharaman to make some announcements on the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme, enhanced production-linked incentive (PLI) schemes, and other […]