Helios Capital founder Samir Arora has advocated for doing away with the long-term capital gains (LTCG) tax in India, saying that the removal will be the ‘best thing to create wealth for the public’. Replying to a user’s queries on the microblogging platform ‘X’, Arora said that ‘no LTCG tax […]
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Stock Market Today: As India moves into the last phases of the Lok Sabha elections, the volatility in the markets remains high, as reflected in the movement of the benchmark indices. The BSE Sensex, despite hitting the $5 trillion market cap milestone recently, is at around 74,115 levels, at least […]
RVNL Share Price Today: Shares of Rail Vikas Nigam Ltd (RVNL) extended their winning streak for the second straight session, surging nearly 15 per cent during the period to hit a lifetime record-high mark on Wednesday, May 22. RVNL has given multi-bagger returns to investors over the last one-to-three-year periods. […]
Welspun Enterprises shares surged by 8.6% to ₹405.50 each during today’s intraday trading session, eventually settling with a 6.54% gain at ₹397.70 per share by the session’s close. The uptick followed the company’s announcement during market hours that it has secured the position of the L1 bidder for the “Construction […]
Chemicals firm IEL has given exceptional returns to its long-term investors. The scrip has soared 4900 percent in the last 4 years, from ₹0.14 in May 2020 to ₹7 currently. However, it has witnessed strong correction in the last one year and in 2024 YTD (year-to-date) as well. The stock […]
The rally in the previous metal prices has been led by strong fundamentals and geopolitical tensions, and analysts believe MCX silver rate may touch ₹1,00,000 per kg soon. “Silver price has breached $31 level and the next target is set at $34 level. Thus, we believe the silver rate to […]
Delhivery Ltd’s shares are down about 15% since the company returned to net loss in its March quarter (Q4FY24) results, even as it recorded its first Ebitda-level profit for the whole of FY24. The culprit was the sharp slowdown in Delhivery’s key express-parcel segment (62% of FY24 revenue) owing to […]
As a result, defence stocks have emerged as standout performers over the past year, multiplying their investors’ wealth in a remarkably short span. Among the top performers in the defence industry, Mazagon Dock Shipbuilders has excelled, with a stellar return of over 277% in the past year. The company is […]
Traders in India’s stock market are turning to illegal election betting platforms for clues to combat the uncertainty regarding the outcome of the ongoing general elections, reported news agency Reuters. According to the report, in the weeks leading up to the vote counting on June 4, the market has been […]
Stock Market Today: PNC Infratech Ltd share price gained 11 % in the intraday trades on Wednesday to scale all time high of ₹512 on Wednesday on the NSE. Gains for PNC Infratech Ltd share price was led by improved revenue visibility as it announced being L1 bidder ( first […]