NMDC Share Price: NMDC Ltd is well-positioned to leverage strong volume growth in the domestic steel markets over the coming year, with the mining business anticipated to achieve a compound annual growth rate of approximately nine per cent from FY24 to FY26E. On the back of NMDC’s strong operational capacity, […]
Market
Domestic brokerage firm JM Financial said in a new report that it is anticipating that two stocks will be added to the Nifty50 index while two others will be removed in the coming weeks. The NSE indices rebalancing announcement is scheduled for August, and the changes will take effect on […]
US stocks declined on Tuesday as investors await crucial inflation data and the Federal Reserve’s policy decision. The consumer price index (CPI) report for May and the conclusion of the Fed’s two-day policy meeting will be announced on Wednesday. As of 10:01 a.m. Eastern, the Dow Jones Industrial Average fell […]
Following the election verdict, most FMCG shares have seen a jump of up to 10%, attributed to their defensive characteristics and the optimism surrounding improved prospects. A convergence of favorable factors—such as the monsoon-driven rural resurgence, heightened focus on social welfare post election, and margin buoyancy propelled by crude prices—bode […]
Electric vehicle maker Ola Electric has received approval from markets regulator Securities and Exchange Board of India (SEBI) to raise funds via initial public offerings (IPO), according to a report by Moneycontrol. This development occurs as EU cracker capacity is shutting down and margins remain weak. The stock has increased […]
Shares of GAIL India rose by 3 per cent to ₹214 during afternoon trading on June 11, following Morgan Stanley’s reaffirmation of its ‘buy’ rating on the stock. This comes after GAIL’s announcement of a ₹60,000 crore investment in a 1,500 KTA ethane cracker project in Madhya Pradesh. The international […]
The United Cotfab IPO price band has been fixed at ₹70 per equity share with a face value of ₹10 apiece. The United Cotfab IPO will kickstart its subscription on Thursday, June 13, and close on Wednesday, June 19. The United Cotfab IPO lot size consists of 2,000 shares. The […]
Continuing their upward streak for the fifth consecutive trading session, Whirlpool of India shares surged 3.3%, hitting a 22-month high of ₹1,760 apiece. This rally has resulted in a 15.50% gain for the stock in the current month and a 45.33% increase from the March 2024 low of ₹1,211 apiece. […]
Stock market today: Anil Ambani-owned Reliance Power share price has been on an uptrend for the last one week. In this period, Reliance Power share price has risen nearly 22 percent. Reliance Power share price today opened with an upside gap at ₹27.99 apiece on NSE and touched an intraday […]
Modi cabinet 2024: After the formation of the Modi 3.0 government in New Delhi and Nirmala Sitharaman being retained as Finance Minister, the market is expecting continuity of the business and economic policies for the next five years. From the Indian stock market, investors must have their fingers crossed that […]