On April 15, 2024, Life Insurance Corporation of India (LIC) informed in a stock exchange filing that the company had increased its shareholding in Hindustan Unilever Limited (HUL). Details of the Acquisition Life Insurance Corporation of India has increased its shareholding in HUL from 11,74,63,555 equity shares to 11,77,18,555 equity shares, i.e., 4.99% to 5.01% …
On Tuesday, Nifty opened gap up and witnessed strong profit booking to trade around day’s low. The FMCG sector registered a breakout on weekly charts and traded higher from the last few days. On Tuesday, too, some FMCG sector stocks were doing quite well and one stock from the same sector is on the verge …
The fast-moving consumer goods or the FMCG sector comprises the companies that are manufacturers of the daily use products. People by and large use them on a daily or regular basis. This includes toothpaste, soaps, detergents, dish-wash bars, shampoo, oils, and other such products with rapid and regular consumption. As the speed of urbanisation is increasing in the country, …
In stock markets, investors are always on the lookout for signals that can guide them toward potentially lucrative opportunities. One such indicator is when company promoters, the individuals with the deepest insights into their own businesses, increase their holdings. Emami Ltd, a prominent player in the Fast-Moving Consumer Goods (FMCG) sector, has recently seen its …
In the world of finance, having information is crucial. Through this analysis, we unveil the financial sector’s intricate tapestry, revealing the stars and outliers. By dissecting sector-specific data, we aim to provide valuable insights and a comprehensive overview of how various sectors have fared in recent times. Join us on this journey as we explore …
In the last trading session of the week, the Nifty experienced a gap-down opening, fueled by negative sentiments surrounding financial under-performance and guidance from select IT and FMCG sector stocks, leading to a retracement of the strong one-way rally witnessed over the past four consecutive days. However, amidst this market movement, PSU Banks garnered significant …
On Wednesday, follow up selling in indices continued for yet another session. Nifty trading around day’s low below the nearest important technical and derivative support level. In such negativity, now it’s time to look for opportunities in the defensive sector to hedge portfolio and one stock from the defensive IT sector, grabbed investors’ attention on …
Wipro Ltd is a global information technology, consulting, and business process services (BPS) company. It is the fourth largest Indian player in the global IT services industry, behind TCS, Infosys, and HCL Technologies. The company was incorporated on 29 December 1945 in Amalner, India, by Mohamed Premji. In 1966, after Mohamed Premji’s death, his son …
At the beginning of the week, the Nifty displayed strength as it surged towards a record high, surpassing the previous week’s trading zone. In this impressive rally, the IT sector also joined the upward momentum, with one stock capturing attention as it broke out from a bullish trend reversal pattern lasting over 150 days, signalling …
Since 1979, the average annual return of Sensex is 17% per annum. This is not just the case with Sensex; the market generally had an upward trajectory, creating a growth pattern, as shown in the image below. But have you ever wondered why, even after daily ups and downs, the stock market generally goes up …
