Introducing the Nifty EV & New Age Automotive Index Thursday i.e. May 30, 2024 marks a historic day with the launch of the Nifty EV & New Age Automotive index by NSE Indices. NSE’s index services subsidiary, NSE Indices Limited launched a new thematic index – Nifty EV & New Age Automotive index. The Nifty …
During Thursday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Sakuma Exports Ltd Sakuma Exports Ltd saw a significant surge today with a trading volume of 11,481,026 shares, marking a notable price volume breakout. The stock hit a 52-week high of Rs 32.4 …
On 30 May 2024, H.G. Infra Engineering Limited announced that it had established 3 new subsidiary companies: H.G. Bikaner Solar Project Private Limited, H.G. Nokha Solar Project Private Limited, and H.G. Bhopalgarh Solar Project Private Limited. Each company has an authorised, subscribed, and paid-up share capital of ₹1,00,000, divided into 10,000 equity shares of ₹10 …
Key Highlights of this Story In recent times, stock markets have witnessed a bullish phase, mainly around 2021. Equity mutual funds especially saw a rise in inflow which tallied up to Rs. 91,000 crores. In the previous year, however, equity mutual funds had seen a rise of Rs. 9,100 crores. 2021 saw investors put a …
Hero FinCorp, a part of the Hero Group is a prominent non-banking financial company (NBFC), established to provide financing for two-wheelers and a diverse range of financial products covering retail, SMEs, and corporate loans. The company has recently approved an IPO amounting to Rs.4,000 crore to strengthen its financial position and foster growth. IPO Details …
The Issue and Allotment Committee of the Board of Directors of JM Financial Asset Reconstruction Company Limited (JMFARC), a subsidiary of JM Financial Limited, has issued 35,73,66,435 equity shares. These shares have a face value of ₹10 each and were issued at a price of ₹15 per share, totalling ₹536.05 crore. This issuance was part …
Technical analysis identifies Torrent Power and Olectra Greentech 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 1,413.30 and Rs 1,787.40 respectively, their price aligns with positive signals from technical indicators like RSI and ADX, suggesting …
On Wednesday, the market weakened ahead of election results, primarily due to poor performance in financial stocks like ICICI, HDFC Bank, and RIL. Sensex dropped by 0.89%, closing at 74,502.90, while Nifty fell by 0.8%, closing at 22,704.70. Nifty Pharma, Metal, and Media sectors gained, while Financial Services, Bank, and IT sectors underperformed. Top gainers …
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. Manali Petrochemicals Ltd Manali Petrochemicals Ltd saw significant activity with a traded volume of 5,159,594 shares, indicating a price volume breakout. Currently trading at Rs 82.8, it has risen from its previous close …
Semiconductors are like the brains of electronic devices. With the increase in demand for electronic devices, the demand for semiconductors is also increasing. Even the Indian Government is launching several initiatives to promote semiconductor production. Recently, in March 2024, they approved a US$ 15.2 billion investment in three semiconductor plants. The demand and the Government’s …
