The Indian textile industry is a weaving giant. It boasts a rich heritage, significant global market share, and promising growth potential. This begs the question: Should you include textile stocks in your investment portfolio? Key Strengths of the Indian Textile Sector Domestic Demand Powerhouse: India’s massive and growing population fuels a strong domestic demand for …
On Thursday, the benchmark indices were trading in the green with the Sensex up around 500 points or 0.65% at 74,896, while the Nifty-50 was up around 160 points or 0.70% at 22,779. About 2,723 shares have advanced; 494 declined and 99 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
On June 5, 2024, the Nifty 50 rose 3.36% and closed at 22,620, and the Sensex increased 3.20%, closing at 74,382. Top Gainers and Losers On the sectoral front, Nifty Metal, Nifty Private Bank, Nifty Auto and Nifty Bank ended in the green. Meanwhile, no sector was seen falling. The top gainers were Adani Green …
On Wednesday, the market recovered half of the losses incurred on election result day. The Sensex surged by 3.2% to close at 74,382.24, while the Nifty climbed by 3.36% to finish at 22,620.35, reclaiming the 22,600 mark. Indices saw broad-based gains, rising between 2% and 6%. BSE companies added Rs 13 lakh crore in market …
Yesterday, June 4th, was a tough day for investors. The market saw a massive drop, with investors losing over Rs 25 lakh crore. This dramatic decline came after a strong surge on Monday, driven by exit polls suggesting the return of the incumbent government. Despite the uncertainty and turmoil, a few promoters displayed remarkable confidence …
About Acquisition Sports media giant Absolute Sports has announced a strategic move into the US entertainment market with the acquisition of SoapCentral.com, a leading source of entertainment content. This acquisition marks a significant expansion for Absolute Sports, which is a subsidiary of Nazara Technologies and the parent company of popular sports websites Sportskeeda.com and ProFootballNetwork.com. …
During Wednesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Suzlon Energy Ltd Suzlon Energy Ltd witnessed a strong trading session with a high of Rs 49.8 and a significant traded volume of 81,272,335 shares. The stock is currently trading at Rs 48.35, …
On June 5, 2024, Indian Oil Corporation Limited officially signed a Joint Venture Agreement with Sun Mobility Pte Ltd Singapore. This agreement marks the formation of a new company, with both parties having an equal share, to run the battery-swapping business in India. The Joint Venture Agreement has been signed between Indian Oil Corporation Ltd. …
Stock Market Crash on Tuesday BSE Sensex and NIFTY50 witnessed their worst fall in over 4 years, this Tuesday. The Sensex experienced a steep decline of over 4000 points, while NIFTY slipped by 5%, making it the most significant drop in 4 years. This happened, a day after markets clocked the best trading session in …
Knowledge Marine & Engineering Works Ltd. (KMEW) has further solidified its position as a leader in the Indian dredging industry by securing a new contract from the Dredging Corporation of India (DCI). This project involves capital dredging work at Paradip Port, valued at ₹7,49,50,000. This latest award builds upon KMEW’s successful track record of collaboration …
