Top Nifty gainers, losers Top Nifty Gainers: Top Nifty Losers: M&M Cipla Shriram Finance IndusInd Bank Power Grid Corporation Adani Ports Sun Pharma Coal India Grasim Industries Tata Steel sector vice performance Sector Performance capital goods up 0.5-1 percent auto […]
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Latest Market News: Comprehensive Updates on Global Financial Markets
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Equity Stake Sold: 0.55% of Axis Bank’s shares were sold in a large trade. Transaction Value: The total value of the trade was Rs 2,088 crore. Share Price: The shares were sold at Rs 1,226 per share, with approximately 1.7 crore shares changing hands. Buyer/Seller Unknown: The identities of the […]
Oil price increase: Oil prices reached a seven-week high, driven by two main factors: Demand hopes: There’s optimism that demand for oil will increase. This could be due to factors like economic growth or increased travel. War jitters: Ongoing geopolitical tensions in Europe and the Middle East are raising concerns […]
Sensex: Up 36.45 points (0.05%) to close at 77,337.59. Nifty : Down 41.90 points (0.18%) to close at 23,516.00. Sectoral Performance: Banks and IT were the only gainers, with Bank Nifty up 2% and IT up 0.4%. Auto, capital goods, metal, oil & gas, power, and realty sectors all closed […]
Delhivery’s financial performance for Q4FY24 seems to be a mixed bag. On the positive side, their revenue grew 12% year-over-year, indicating some business growth. Additionally, their Service EBITDA which reflects profitability before some accounting costs, also improved year-over-year. However, the company is still reporting net losses, and this has led […]
Zomato and Paytm are in talks for Paytm’s movie and events business, but neither company has confirmed a final deal or valuation. Zomato wants to buy Paytm’s movie and events business to strengthen its “Going-out” section. The estimated value of the deal is between ₹1,500 crore and ₹2,000 crore. This […]
Sensex and Nifty opened higher on Tuesday, gaining around 0.3% each by 12:21 PM. Top gainers on NSE were Wipro, Titan, Adani Enterprises, M&M and LTIMindtree. Major laggards included Maruti, Dr Reddy’s Lab, Kotak Bank, Divi’s Lab and Apollo Hospitals. Sensex: As of now, the Sensex is trading at 77,195.64, […]
Cooling Industrial Output: Factory production growth has slowed down compared to earlier in the year.This creates an interesting dynamic in their economic recovery.This could be due to factors like a slowdown in global demand or efforts to control debt and pollution within China. Positive Retail Spending: Consumer spending has grown […]
Indian Defense Sector Boom Increased government focus on self-reliance is driving growth. Defense stocks surged after Rajnath Singh’s tweet. Domestic production has doubled since 2014. Three Potential Stocks with Large Order Books (over Rs 100 bn) While I cannot provide specific financial advice, here are three companies often mentioned […]
IRDAI Approval: The Insurance Regulatory and Development Authority of India (IRDAI) accepted Paytm General Insurance’s application to withdraw its registration for becoming a full-fledged general insurance company. Shift to Distribution: Instead of creating their own insurance products, Paytm will now focus on distributing insurance policies offered by other companies. They’ll […]