Hyundai Motors’ plan for a massive IPO in India seems to be creating a wave in the auto sector. Carraro Group, another major player, is potentially leveraging this positive […]
Top Nifty Gainers, Losers and Sector performance:
Top Nifty gainers, losers Top Nifty Gainers: Top Nifty Losers: M&M Cipla Shriram Finance IndusInd Bank Power Grid Corporation Adani Ports Sun Pharma […]
A large block of Axis Bank shares was 0.55% sold on June 21st 2024
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 […]
RailTel Corporation’s stock is on a tear, up over 12% today and 44% so far this year.
RailTel’s stock price surged over 12% to Rs 488,nearing its 52-week high of Rs 491. This rise follows a work order win of Rs 20.22 crore from South Central Railway. […]
Oil prices reached a seven-week high
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 […]
Sensex, Nifty end flat close
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 […]
Zee Entertainment’s stock is feeling the heat following the resignation of their CFO, Rohit Kumar Gupta.
CFO Resignation: On June 19th, Zee Entertainment’s CFO, Rohit Kumar Gupta, stepped down for personal reasons. Stock Price Decline: This news, coupled with other recent executive departures, has caused Zee […]
Adani Group sets its sights on a greener future with a $100 billion investment in energy transition projects.
The Adani Group, a large Indian conglomerate, announced plans to invest over $100 billion in energy transition projects. This ambitious goal includes developing renewable energy sources and manufacturing the equipment […]
Delhivery’s financial performance for Q4FY24
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 […]
Zomato and Paytm are in talks for Paytm’s movie and events business
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 […]
Hyundai Motor India is planning a major (IPO) India’s history
IPO type: Offer for Sale (OFS) – This means existing shareholders (Hyundai Motor Company) will be selling their shares, and the company itself won’t raise any capital. Issue size: Up […]
Ixigo share price has hit the 20% upper circuit
Ixigo share seems their IPO listing is exceeding expectations. Here’s a breakdown based on the current time (13:02 IST, June 18, 2024): Ixigo share price: The stock has hit the […]
Up-to-Date on the Indian stock market performance on June-18-24
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, […]
China’s industrial output has been cooling recently, while retail spending shows a more positive trend.
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 […]
defense stocks surged up to 20% after Defense Minister Rajnath Singh to boosting defense exports
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 […]