Budget 2024: Date for the presentation of the Union Budget 2024 has been fixed on 23rd July 2024. This means we are just six sessions away from the budget presentation, and hence, intraday traders are expected to remain extra cautious in the coming week. According to stock market experts, Union […]
Stock Market Today: Tata Steel, JSW Steel, Jindal Steel and Power, Steel Authority of India Ltd (SAIL) share price have risen 5-36% year to date. While the steel demand is expected firm in the country and Union budget is also expected to provide impetus to infrastructure and housing activities benefitting […]
Stock market today: Axis Bank share price has been on an uptrend since June 2024. The Indian banking major is in the news today for two reasons: trading ex-dividend to ascertain the eligible shareholders for the payment of Re 1 per share dividend, and Axis Bank shares hitting a new […]
Domestic brokerage firm Systematix Institutional Equities anticipates cement companies within its coverage to deliver subpar performance in the first quarter, primarily due to weak prices and lower volumes impacting earnings. Despite numerous efforts, cement companies have struggled to implement price hikes, resulting in an average drop in realisations of ₹111/tonne […]
Multibagger alert: Shera Energy share price has surged by 223.2% since its NSE SME debut on February 17, 2023, making its owners quite affluent. The investors who allottedshares would have earned ₹3.68 lakhs today over a 16-month period. On Friday’s session, Shera Energy share price opened at ₹185 apiece on […]
MUMBAI : Investors in information technology (IT) stocks are elated. Sector bellwether Tata Consultancy Services (TCS) Ltd has started FY25 on an upbeat note. In the June quarter (Q1FY25), TCS reported sequential constant currency revenue growth of 2.2%, beating the Street’s estimate of 1.5%. The improvement in revenue was partially […]
The Indian stock market benchmark indices, Sensex and Nifty 50, continued their upside momentum and scaled record high levels on Friday led by a rally in IT and banking stocks. All the top IT stocks, Tata Consultancy Services (TCS), Infosys, HCL Technologies and Wipro, were among the top gainers on […]
Ever since Jio Financial Services Ltd (JFSL) was listed in July 2023, investors have been awaiting news on the potential listing of another subsidiary of Reliance Industries Ltd (RIL) – its telecom arm Jio Platforms Ltd. While it’s likely to be listed in the near future, the key question is […]
In Friday’s overall upbeat market, shares of Crompton Greaves Consumer Electricals climbed by about 3% after brokerage firm Antique upgraded the firm’s stock to BUY with a revised target price of ₹503, indicating a possible 14% upside. Crompton Greaves share price opened at ₹425.35 apiece on BSE, the stock touched […]
Shipping stocks continued their impressive rally for the second consecutive session on Friday, with Shipping Corporation of India (SCI), leading the charge with a 16.40% surge to hit a record high of ₹384.20 per share. In the previous trading day, the stock had hit the 20% upper circuit limit on […]