Shares of the online food delivery company and restaurant aggregator Zomato hit another high on 3 September 2021. The company’s shares reached a new excessive of Rs. 150.50, a 9% surge on the BSE intra-day trade. Moreover, combined equity shares of 102 million changed hands on the BSE and NSE (data as of 3:05 PM, …
An Overview Various blue-chip firms contributed rupees 2,93,804.34 crore in market valuation last week, after a record-breaking rally in stocks, with RIL emerging as the highest booster. Previous week, the BSE 30-share benchmark rose 2,005.23 points, or 3.57 percent. On Friday, it surpassed the 58,000 barrier for the first time. Last week, the Sensex only …
4 of India’s 10 most valued businesses have added a massive Rs. 65,464 crores to their market valuation over the past week. Out of these 10 companies, telecom giant Bharti Airtel and State Bank of India have been frontrunners. These two giants have emerged to be the biggest winners over the last trading week. As …
On 5 October 2021, IndusInd Bank share prices increased by 4% intraday at Rs. 1164.10, becoming a major gainer on the BSE. This happened as the private bank reported better deposit and advance numbers for the September quarter. The lender saw its deposits grow 21% year-on-year to Rs. 2,75,486 crores compared to Rs. 2,28,279 crores …
Indian Railway Catering and Tourism Corporation shares suffered a sudden fall of Rs. 1400 in the trading session of Tuesday. This is a 15% fall towards a close to Rs. 4,995 a share. This massive slump came after the state-owned company reported a record high during the early deals. IRCTC’s stock closed at more than …
CE Info Systems, a digital mapping company known for its brand MapmyIndia, opened at Rs. 1,581 per share on the BSE, 53% higher than its issue price. On the NSE, its shares registered a gain of 51.5% from its issue price as it got listed at Rs. 1,565 per share despite volatility in the equity …
At a time when income levels are subsiding in rural areas, Hero MotoCorp faces an uphill task of maintaining healthy sales volume. For the quarter ended March, the two-wheeler manufacturer reported EBIDTA of Rs 1,211 crore on the back of strong revenue growth. The upside to the Hero MotoCorp stock is challenged by an inclement …
In a growing concern for investor safety, stock exchanges have issued warnings about the increase of fraudulent trading apps and impersonators. The NSE and BSE have both highlighted the risks associated with these illicit platforms, which are misleading investors and tarnishing the reputation of legitimate financial intermediaries. Rising Threat The NSE and BSE have reported …
On May 19, FIIs and FPIs made a significant net purchase of Rs.4,671 Cr worth of equities. Simultaneously, DIIs recorded a net buying activity of Rs.146 Cr in equities. According to provisional data from the exchanges, FIIs bought Rs.19,822 Cr worth of shares while selling Rs.15,151 Cr, resulting in a net positive inflow. DIIs, on …
A Rally Amidst Optimism On Thursday, the Indian markets experienced a roaring rally, with both the Nifty and Sensex closing at record-high levels. This surge was bolstered by positive developments such as the Reserve Bank of India’s announcement of the highest-ever dividend to the central government and an uptick in business activity, as evidenced by …
