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India VIX Plummets by Over 20% Following Exit Poll Results

India VIX Plummets by Over 20% Following Exit Poll Results

3 June 2024

Market Surge Following Exit Polls On the heels of exit polls predicting a landslide victory for the NDA, the Indian stock markets opened at record highs. Both the Nifty 50 and Sensex surged nearly 3%, reaching record highs of 23,338.70 and 76,738.89, respectively. The market’s strong performance reflects investor optimism spurred by the anticipated political …

Record High for Nifty PSU Bank Index: SBI Approaching Milestone of 8 Lakh Crore Market-Cap

Record High for Nifty PSU Bank Index: SBI Approaching Milestone of 8 Lakh Crore Market-Cap

3 June 2024

Indian Market Soars on Exit Polls The Indian market is witnessing a significant surge on Monday following exit polls projecting that the NAD alliance could secure 350-370 seats, potentially facilitating the formation of a government for a third consecutive term. Market participants are buoyed by the prospect of a stable government at the center, anticipating …

Adani Ports Has Signed 30 Year Concession Agreement With Tanzania Ports

Adani Ports Has Signed 30 Year Concession Agreement With Tanzania Ports

3 June 2024

Adani Ports and Special Economic Zone Limited (APSEZ) is an Indian multinational port operator and logistics company, which is a part of Adani Group. APSEZ is India’s largest private port operator with a network of 12 ports and terminals, including India’s first port-based SEZ at Mundra and the first deep-water trans-shipment port at Thiruvananthapuram. Adani …

Upper Circuit Stocks Today – 03 June, 2024

Upper Circuit Stocks Today – 03 June, 2024

3 June 2024

On Monday, the benchmark indices were trading in the green with the Sensex up around 2,100 points or 2.86% at 76,100, while the Nifty-50 was up around 657 points or 2.92% at 23,188. About 2,802 shares have advanced; 842 declined and 163 are unchanged on the BSE. The BSE Sensex Index made an all-time high …

Share Market Pre Open Updates – June 03, 2024

Share Market Pre Open Updates – June 03, 2024

3 June 2024

On May 31, 2024, the Nifty 50 rose 0.19% and closed at 22,530, and the Sensex also rose 0.10%, closing at 73,961.  Top Gainers and Losers On the sectoral front, Nifty Realty, Nifty Metal, Nifty PSU Bank, and Nifty Oil and Gas ended in the green. Meanwhile, Nifty Media, Nifty IT, Nifty Healthcare Index, and …

The Rise of Pharma Industry: India Setting the Pace

The Rise of Pharma Industry: India Setting the Pace

31 May 2024

India’s pharmaceutical industry stands as a model of innovation and affordability, earning global recognition as the largest provider of generic drugs worldwide. Having an extensive history of innovative findings and remarkable progress, the Indian pharmaceutical sector has emerged as a cornerstone of the nation’s economic landscape. This blog will explore the market size, export achievements, …

Trending Stock of the Day: Bikaji Foods Zooms over 7%

Trending Stock of the Day: Bikaji Foods Zooms over 7%

31 May 2024

The NSE benchmark Nifty50 index has trimmed its early gains and is seen trading flat, up by 33 points at 22,522 level. Selling pressure in Bharti Airtel, Kotak Bank and SBI weighed down the index. The Bank Nifty has slipped 500 points from its day’s high and is seen trading down by 0.10% at the …

Upper Circuit Stocks Today – 31 May, 2024

Upper Circuit Stocks Today – 31 May, 2024

31 May 2024

On Friday, the benchmark indices were trading in the green with the Sensex up around 314 points or 0.42% at 74,215, while the Nifty-50 was up around 88 points or 0.40% at 22,576. About 1,702 shares have advanced; 1,430 declined and 107 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

Gateway Distriparks Limited Posted Muted Results: EBITDA Rose 1.57% YoY

Gateway Distriparks Limited Posted Muted Results: EBITDA Rose 1.57% YoY

31 May 2024

On May 31, 2024, Gateway Distriparks Limited (GDL), a leading multimodal logistics company in India, announced its results for the quarter and year ended March 31, 2024. Quarterly Performance During the quarter ended March 31, 2024, the company reported a 2.25% fall in total revenue to ₹382.04 crore. In addition, EBITDA for the quarter amounted …

Adani Stocks Buzzing in Trade

Adani Stocks Buzzing in Trade

31 May 2024

Benchmark indices Nifty50 and Sensex ended the day in green. Nifty 50 gained 42.05 points to reach 22,530.70. Sensex increased 75.71 points from the previous day’s close, reaching 73,961.31. But what caught the investors’ attention is the run in Adani stocks. All Adani stocks have turned green, supported by strong volumes. Let’s look at how …

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