Living a luxurious lifestyle has become the new trend in India, representing the continuation and evolution of the country’s longstanding affinity for opulence. This is not a new phenomenon, but it has significantly changed its course over time. The maharajas and nawabs of those eras set the bar for lavish […]
markets
IREDA, India’s leading green financing NBFC, saw its share price rise by nearly 7% in today’s intraday trade, reaching ₹275 per share and breaking a three-day losing streak. Despite this rebound, the stock remains 13.22% below its all-time high of ₹310. In recent sessions, the shares came under sell-off pressure, […]
Prizor Viztech IPO Allotment Update: After receiving a robust response from investors during the bidding period from July 12 to July 16, attention now turns to the allotment procedure for Prizor Viztech. The allotment for the Prizor Viztech IPO is expected to be finalised today. Investors can monitor their allotment […]
Extending its winning streak for the fourth consecutive trading session, the Nifty IT index achieved a significant milestone, crossing the 40,000 mark for the first time and hitting a new all-time high of 40,059 points, marking a gain of 2.10%. This milestone comes after the index first surpassed the 39,500 […]
Elevated stock prices and euphoric valuations have been hot topics of discussion for some time now. In this brief note, we try to explain what to make of the current equity valuations. Why is there unease when markets are so strong? With equity markets making new highs, many struggle […]
While the banking sector may have underperformed compared to the Nifty over the past 6 to 12 months, it remains poised for significant long-term growth due to India’s largely underbanked population. The Nifty Bank index has gained 8.5 percent year-to-date in 2024, compared to an over 13 percent rise in […]
In July, the Indian stock market benchmark Nifty 50 has been breaking records, fueled by optimism surrounding the growth-oriented Union Budget 2024 and expectations of strong earnings from India Inc. for the June quarter (QFY25). A pro-growth Budget and better-than-expected earnings of Nifty 50 companies will boost the market, making […]
Oriental Carbon & Chemicals‘ stock price hit its 20 percent upper circuit at ₹361.05, marking a 52-week high on Tuesday, July 16, and extending its gains for the seventh consecutive session. The stock also hit its 20 percent upper circuit in the previous session on July 15, soaring over 67 […]
Deepak Jasani, Head of Retail Research at HDFC Securities, believes the market will witness some profit booking post the Budget. However, Jasani added that after some correction, in case of no negative news, it will attempt to go higher again. Suggesting a market strategy with the Union Budget in mind, […]
The capital markets regulator Securities Exchange Board of India (Sebi) has granted recognition for administration and supervision of research analysts (RAs) and investment advisors (IAs) to BSE Ltd for a period of five years starting July 25, 2024. This was announced in a Sebi circular dated July 12 which also […]