SJVN Limited experienced a remarkable 11% surge in its stock price following the announcement of securing a massive Rs 13,000 crore pumped storage project in Mizoram. This significant achievement highlights […]
Sanstar’s IPO Makes Decent Debut on NSE with a 14.7% Premium
Sanstar’s initial public offering (IPO) has had a successful start. Listing price: Shares listed at Rs 109 on the NSE, a 14.7% premium over the issue price of Rs 95. […]
Sanstar’s IPO Makes Decent Debut on NSE with a 14.7% Premium
Sanstar’s initial public offering (IPO) has had a successful start. Listing price: Shares listed at Rs 109 on the NSE, a 14.7% premium over the issue price of Rs 95. […]
Axis Bank Faces Rising Credit Costs Amid Slower Recoveries
Axis Bank is grappling with increasing credit costs due to a slower pace of loan recoveries. The bank’s gross and net NPA ratios have risen, impacting its financial outlook. This […]
Government Justifies Increase in Long-Term Capital Gains Tax
The Revenue Secretary of India, Sanjay Malhotra, defended the recent budget proposal to raise the long-term capital gains (LTCG) tax on listed equities and remove indexation benefits for real estate. […]
IEX Shines: Net Profit Up 27% in Q1 on Higher Revenues
Indian Energy Exchange (IEX) has announced impressive financial performance for the quarter ended June 2024. Key Highlights: Net profit surged 27% YoY to Rs 96.44 crore. Revenue grew 18.75% YoY […]
The Sensex has lost 280 points,Nifty around 50 points.
Market Trend: The Indian stock market, as represented by the Sensex and Nifty, is experiencing a downward trend. Sensex: The Sensex has lost 280 points, indicating a decline in the […]
The Sanstar’s IPO allotment on Wednesday, July 24, 2024.
Sanstar is a prominent player in India’s manufacturing sector, specializing in the production of plant-based specialty products and ingredient solutions. These products find applications in various industries, including food, animal […]
MTNL’s recent surge is undeniably captivating:Upper Circuit Lock:
The MTNL stock has doubled in just nine trading sessions,a performance that’s rare in the stock market. This incredible rally has been fueled by the government’s decision to deposit ₹92 […]
Stock Market Live Update :Today’s trading session to be volatile.
Previous Day’s Performance: Both Sensex and Nifty ended marginally lower following the Union Budget 2024 presentation. Sensex closed at 80,429.04, down by 73.04 points (0.09%). Nifty 50 settled at 24,479.05, […]
Budget 2024 : Finance Minister announced for Indian stock market.
STT Rate on Derivative Trade The STT rate on derivative trades has been increased in the Union Budget 2024. Before Budget 2024 Futures: 0.0125% on the sell side Options: 0.125% […]
ITC Shares Skyrocket, Nifty FMCG Gains on Tobacco Tax Relief
The Indian stock market witnessed a surge today as ITC Limited, a leading conglomerate with a significant presence in the tobacco industry, saw its share price climb by over 5%. […]
Finance Minister will be presenting the Union Budget 2024-25.
Finance Minister will be presenting the Union Budget 2024-25. It will be a record seventh consecutive Budget presentation for Ms. Sitharaman. While a comprehensive analysis would be extensive, here are […]
Market Hopes for a Repeat of 2021: A Closer Look
Understanding the 2021 Market Rally To comprehend the current market sentiment, it’s crucial to revisit the key factors driving the 2021 rally: Massive stimulus packages: Governments worldwide injected unprecedented amounts […]
Wipro’s share price fell over 7% on Monday, July 22nd, 2024
Share price drop: Wipro’s share price fell over 7% on Monday, July 22nd, 2024, following the release of their Q1 financial results for the fiscal year 2024-25. Financial performance: While […]