The Indian benchmark indices recovered from modest losses in the session’s early trades and were able to climb higher thanks to significant gains in capital goods and metal sectors. Only the BSE Fast Moving Consumer Goods and BSE Auto posted losses, while the majority of sectors were trading higher. Hindustan Aeronautics Ltd, one of the …
This strategy is an excellent choice for long-term investors, offering a disciplined and low-risk approach that suits investors of all risk appetites, helping them stay the course and avoid emotional decisions in the stock market The Nifty 50 index and NiftyBees are essential investment products in the Indian stock market. The Nifty 50 index represents …
Nifty 50 and Sensex opened flat on Tuesday, pausing the previous three-day rally. Nifty opened at 19,404.05, reached almost exactly the same high as yesterday of 19,423.50, and closed at 19,406.70, down 5 points (-0.03%) from yesterday’s close. Nifty ended the day by making a Doji pattern, which is a candlestick pattern that signals indecision …
Based on technical analysis, Tata Steel & Torrent Power are identified as upside potential stocks. Both stocks have displayed promising structures and technical setups, including price volume contraction, and the potential to bounce back and breakout. Currently trading at Rs 175.30 and Rs 1,505.05 respectively, their price aligns with positive signals from technical indicators like …
Indian benchmark indices, after enjoying a strong rally in recent trading sessions, were trading lower today. The banking, financial services, auto, and consumer durables sectors were among the top losers, while the capital goods, oil & gas, and energy sectors attempted to uplift the indices. With 2,080 shares rising on the BSE and 1,582 shares …
After a robust rally earlier, benchmark indices experienced a notable decline today, affected by losses in the banking, financial services, consumer durables, and metal sectors. In contrast, broader indices demonstrated resilience, showing notable gains. At 10:15 am, the BSE Sensex declined 0.45% reaching a level of 79,687. The Nifty 50 index fell 0.31% to the …
The benchmark index S&P BSE 500 opened today at 36,160.32 and made its day high at 36,176.74, and it is trading in red today, down by around 0.10%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Raymond Ltd Shares of …
Le Travenues Technology Limited (Ixigo), India’s leading online travel agency (OTA) catering to the “Next Billion Users,” announced its financial results for the fourth quarter (Q4) and full fiscal year (FY) ending March 31, 2024. The company delivered a positive performance, highlighting significant growth in key metrics. Gross Transaction Value Soars Ixigo’s Gross Transaction Value …
Hyundai Motor India Ltd, the Indian subsidiary of the South Korean automaker Hyundai, has submitted preliminary documents to the Securities and Exchange Board of India (SEBI) to initiate an initial public offering (IPO). If successful, this Hyundai IPO will be the largest in India’s history, surpassing the significant Rs 21,000 crore share sale by LIC. …
Large initial public offers (IPOs) have historically had mixed effects on the Indian stock markets. Analyzing data from the last seven significant IPOs since 2007, we find that the Sensex has declined five times post-listing. These corrections can be attributed to a variety of factors, including rich market valuations, black swan events, and liquidity conditions. …
