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Spotlight on Underdogs: Large-Cap Stocks that Have Underperformed in the Last One Year

15 May 2024

The Nifty 50, a key benchmark index representing the 50 largest companies by market capitalization on the National Stock Exchange of India, has delivered a healthy return of 21.31% in the past year. However, not all constituents of the index have kept pace with this growth. Notably, 21 stocks from the Nifty50 Index have underperformed, …

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Top 3 stocks trading below Rs 100

15 May 2024

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 Today, Suzlon Energy’s stock hit a high of Rs 42.2 with a traded volume of 42,743,772 shares. Currently trading at Rs 42.2, it marks a 4.98% increase from the previous …

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Suzlon – MSCI Rejig Might See Massive Inflows

15 May 2024

Suzlon Energy is an Indian Multinational wind turbine manufacturer founded in 1995, It is headquartered in Pune. The shares of the wind turbine manufacturer may see a massive inflow as of the latest rejig of MSCI. Suzlon Shares may see inflows of $14 million Suzlon Energy Ltd. was one of the nine stocks that were …

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EaseMyTrip To Bolster Operational Growth by Partnering with Google Wallet

15 May 2024

One of India’s top travel technology platforms, EaseMyTrip.com, revealed on May 15, 2024, that it has partnered with Google Wallet, which represents a major improvement in the overall user experience. The goal of this partnership is to completely transform the travel industry by providing travellers with a flawless experience by combining all booking requirements into …

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PVR Inox Cuts Down On Capex By 25%, 70 Screens To Get Axed

15 May 2024

PVR Inox is an Indian multiplex chain based in Mumbai. It is formed by the merger of PVR Cinemas with INOX  Leisure multiplex. The company has reported muted Q4 earnings yesterday and it has decided to cut down its Capex by 25% in FY25. PVR Inox to bring down FY25 Capex Nitin Sood, CFO of …

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SEBI Allows LIC To Have 3 More Years To Meet The MPS Norms

15 May 2024

The Securities and Exchange Board of India (SEBI) has extended the deadline for Life Insurance Corporation of India (LIC) to achieve a 10% public shareholding, providing the insurance giant with an additional three years. Under Rule 19(2)(b)(iv) of the Securities Contracts (Regulation) Rules, 1957, companies are mandated to have a minimum of 10% public shareholding …

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Market Movers: Here Are Today’s High-Volume Buzzers!

15 May 2024

Domestic indices, after commencing today’s trading session on a positive note, abruptly experienced a significant decline, affected by losses in the auto, banking, and FMCG sectors. Conversely, broader indices outperformed the main indices by a considerable margin. At 11:00 am, the BSE Sensex declined 0.21% reaching a level of 72,950. The Nifty 50 index fell …

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These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

15 May 2024

The benchmark index S&P BSE 500 opened today at 32,779.35 and made its day high at 32,867.53, and it is trading in green today, up 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. ITI Ltd Shares of …

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Intellect Designs Arena’s IntellectAI Unveils Purple Fabric at London Bootcamp

15 May 2024

IntellectAI, the WealthTech and InsurTech arm of Intellect Design Arena, recently hosted a groundbreaking AI boot camp in London. This exclusive event brought together senior leaders from leading financial institutions for an immersive experience with IntellectAI’s revolutionary PurpleFabric platform. Purple Fabric: Enhancing Enterprise Intelligence The PurpleFabric platform represents a paradigm shift towards enterprise-connected intelligence. This …

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Share Market Pre Open Updates – May 15, 2024

15 May 2024

On May 14, 2024, the Nifty 50 rose 0.51% and closed at 22,217, and the Sensex was up 0.45%, closing at 73,104.  Top Gainers and Losers On the sectoral front, Nifty Metal, Nifty Auto, Nifty Oil and Gas, and Nifty PSU Bank ended in the green. Meanwhile, Nifty FMCG, Nifty Pharma, and Nifty Healthcare Index …

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