Following a robust recovery in the previous trading session, the Nifty index experienced continued buying activity. It surged by 111 points and concluded the day at the 18,314 level. Similarly, the S&P BSE Sensex witnessed a rise of 95.99 points, closing at the 61,734 level. Both the Nifty Midcap 100 and Nifty Smallcap 100 indices …
The Nifty50 index closed the day in the red, down by 82 points (-0.42%) from the previous session, opening at 19486.75, reaching a high of 19494.4, and a low of 19414.75 before settling at 19443.55. Top performers for the day included Coal India, Eicher Motors, Hindalco, Mahindra & Mahindra, and BPCL, while SBI Life, Bajaj …
Today, IT stocks are surging, thanks to the good financial results posted by India’s two leading IT giants, exceeding expectations. This positive momentum has uplifted all IT stocks, including those that have been subdued for a while, resulting in higher trading values today. Taking advantage of this situation, it would be beneficial to examine IT …
Shifting Weights: Winners and Losers The table below showcases the top 10 Nifty 50 constituents ranked by weightage in January 2024, along with their weightage in July 2023 and the change: Company Name Weightage (%) Change (Basis Points) 2024 2023 HDFC Bank Ltd. 11.57 14.10 -253.00 Reliance Industries Ltd. 10.16 9.87 29.00 ICICI Bank Ltd. …
Shares of Mindteck (India) Ltd experienced a sharp rise today, hitting the upper circuit. It began the day at Rs 139.50 and opened flat compared to the previous day’s closing price of Rs 138.60. Within just thirty minutes of the early morning trading session, the stock surged by 11% with good volume, ultimately reaching the …
The beginning of a financial year is the best time to re-evaluate your portfolio. It serves two purposes – you can realign your portfolio to the changing financial goals. And secondly, you can shuffle your holdings, add the robust stocks and sell the weak ones. Because of the strong performance of the Indian IT companies, …
Air India joins hands with the Delhi Metro Railway Corporation (DMRC) and Delhi International Airport Limited (DIAL) and introduces a check-in facility for international flyers. The check-in and baggage-drop facility, already available for domestic passengers, allows convenient traveling and marks an upgrade in passenger services. Current facility: For domestic flyers, IGI airport provides check-in and …
On June 5, 2024, Honasa Consumer Limited, known for its prominent beauty and personal care brand, Mamaearth, announced that Mamaearth is partnering with Swiggy Instamart for a special sampling activity in Delhi NCR in observance of World Environment Day. Mamaearth will include complimentary seed samples with nearly 30,000 orders delivered via Swiggy Instamart on World …
Fischer Medical Ventures Ltd (Fisher MVL), a leading Indian manufacturer of high-quality Magnetic Resonance Imaging (MRI) systems, has announced a groundbreaking global partnership with The Therapy Platform PTE. Ltd. This strategic alliance signifies a shared commitment to revolutionising mental healthcare via the power of advanced technology and innovative solutions. Fischer Medical Ventures Ltd, formerly known …
SEBI introduced a market surveillance division in 1995 to enhance integrity and safeguard investors’ interests. This division monitors market activities, identifies price volatility, analyses causes, and oversees the surveillance activities of the stock exchanges. Some of these pre-emptive measures include periodic call auctions, reduction in the price band, GSM, ASM, and transfer of securities to …
