The Nifty FMCG index continued its upward momentum, marking a new milestone with a record high of 59,587 points on Thursday, extending its winning streak for the fifth consecutive trading session. It gained 0.40% during the session, accumulating a 4.3% increase over the past five sessions, bringing it closer to […]
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Investors in IndusInd Bank Ltd are notably disheartened by the private lender’s recent performance. So far this calendar year, the stock has tumbled by 11%, contrasting sharply with sector indices Nifty Private Bank and Nifty Bank, which have climbed 5% and 8%, respectively. The provisional operational update for the June […]
Top Gainers and Losers Today : The Nifty closed at 24324.45, down by 0.03% today. Throughout the day, the Nifty reached a high of 24402.65 and a low of 24193.75. The Sensex traded between 80170.09 and 79464.38, closing 0.03% down at 79924.77, which was 27.43 points below the opening price. […]
Stock market today: Indian stock market benchmarks- the Sensex and the Nifty 50- closed flat on Thursday, July 11, as gains in shares of ITC, ONGC, Tata Motors and SBI were offset by losses in those of Mahindra and Mahindra (M&M), Bajaj Finance, ICICI Bank and Larsen and Toubro. Benchmark […]
Multibagger IPO: Money is not made by buying and selling stocks but by holding them as long as possible. However, sometimes, one’s money can rise many folds quickly. This can happen in stocks and IPOs because investing in stocks or IPOs is like investing in a business. Those who want […]
The Union Budget has consistently driven trends in the Indian market. The upcoming Union Budget for the financial year 2024-25 is expected to prioritise capital expenditure, emphasise manufacturing growth, and ensure macroeconomic stability. Historically, Union Budget announcements significantly influence the stock market, shaping sector trends based on government policies and […]
As Finance Minister Nirmala Sitharaman gears up to present the Union Budget 2024 budget, Indian stock market investors are strategizing their moves to navigate the anticipated fiscal policies. The upcoming budget is expected to be themed on fiscal prudence, capex spending to help create jobs and targeted social sector spending. […]
Concerns are mounting on India’s economic policy front, shows the India Economic Policy Uncertainty Index. The index has been wobbly lately and shot up again in June to 137.61 from 83.04 in May and 137.18 in April. The chart below shows the volatile trend in the index. The jump seen […]
Oriental Rail Infrastructure saw its shares hit the 5% upper circuit limit in early morning trading today, soaring to a new all-time high ₹379 per share following the announcement of contract win from Indian Railways. In an exchange filing on Wednesday, the company disclosed securing an order valued at ₹19.33 […]
Stock market today: Following an upgrade by the global rating agency Moody’s, Yes Bank’s share price witnessed a strong uptrend in early morning deals. Yes Bank shares opened with an upside gap at ₹26.10 apiece on the NSE and touched an intraday high of ₹26.60 per share within a few […]