Calculate your SIP ReturnsExplore

Stocks/Share Market - Angel One

Potential breakout stocks to watch: Blue Star and Strides Pharma Science

7 March 2024

Blue Star and Strides Pharma Science are identified as upside potential stocks based on technical analysis. Both stocks have displayed promising technical setups, including price volume action before and a potential to breakout. Currently trading at Rs 1,323.40 and Rs 816 respectively, their price structures align with positive signals from technical indicators like RSI and …

Emerging trends in India’s green hydrogen ecosystem

7 March 2024

Government Initiatives Drive Growth The Indian government’s push towards green hydrogen is evident with the implementation of Production Linked Incentive (PLI) schemes, aimed at fostering the domestic production of electrolyzers and green hydrogen. Notable players like RIL, Greenko, Acme, Adani, L&T, Ohmium, and Hygenco have emerged as winners in the first tranche of PLI schemes, …

Zydus Lifesciences’ API Unit Approved by USFDA

7 March 2024

On Thursday, March 7, 2024, Zydus Lifesciences Ltd’s Ahmedabad facility got a positive “post-application action letter” from the United States Food and Drug Administration (USFDA). The US FDA inspected their API unit, and in the letter, they indicated that the company’s API unit is ready for commercial production. US Food and Drug Administration Inspection Details …

Mahindra & Mahindra’s Promoter Sells ₹2,184 Crore Stake in Block Deal

7 March 2024

The automobile manufacturer, Mahindra & Mahindra Ltd promoter entity, sold a stake worth ₹2,184 crore through a block deal. At a price of ₹1,924 per share, the shares changed hands. Mahindra & Mahindra Block Deal Details The block deal of Mahindra & Mahindra involved the exchange of 1.1 crore shares, which is about 0.9% of …

Insights Into Bharti Airtel’s Block Deal of ₹5,849 Crore

7 March 2024

On March 07, 2024, 4.95 crore shares of Bharti Airtel Ltd were exchanged in a block deal of ₹5,849 crore. The share of Bharti Airtel Ltd opened at ₹1207.10 with a day low of ₹1189.20 on March 07, 2024, at 10:16 AM. In the past six months, the stock has delivered a return of ~36.09% …

Analysing Auto Sector Performance: Strong Showing Across Segments

7 March 2024

Positive Performance Across Key Segments In February 2024, the automotive industry witnessed robust volumes, primarily driven by Passenger Vehicles (PVs) and Two-Wheelers (2Ws). PV volumes surged by 18% year-on-year (YoY), while 2W volumes grew by an impressive 24% YoY. Notably, the Three-Wheeler (3W) segment also recorded a healthy growth rate of 16% YoY. This uptrend …

Government plans to sell 7% stake via offer for sale in NLC India

7 March 2024

NLC India, formerly known as Neyveli Lignite Corporation Limited, a Navratna company engaged in the business of mining lignite and generating power using lignite, as well as renewable energy sources, announced an Offer for Sale on Wednesday. Offer For Sale According to the press release, the government may offload up to a 7% stake in …

These 3 stocks from BSE 500 jumped over 5% today; do you own any?

7 March 2024

The benchmark index S&P BSE 500 opened today at 32,305.42 and made its day high at 32,346.52, and it is trading in green today, up by more than 0.30% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. IIFL Finance Ltd …

LTIMindtree Secures 51% Stake in Saudi Digital Venture

7 March 2024

On March 6, 2024, the IT service provider, LTIMindtree, signed an agreement with Global Digital, an arm of Saudi Aramco, for IT services in the Middle East and North Africa (MENA) region. LTIMindtree’s New Joint Venture LTIMindtree is the 6th largest IT services firm by revenue in India. As of FY 2023, the company has …

NSE Put These Three Stocks Under F&O Ban on March 7, 2024

7 March 2024

On March 07, 2024, the National Stock Exchange of India (NSE) placed Manappuram Finance Ltd, Mahanagar Gas Ltd, and Zee Entertainment Enterprises Ltd (ZEEL) under the Futures & Options (F&O) ban list. NSE stated that the securities had been placed under ban as they crossed 95% of the market-wide position limit (MWPL). The ban indicates …

Enjoy Zero Brokerage on
Equity Delivery