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Share Market Pre Open Updates – April 18, 2024

Share Market Pre Open Updates – April 18, 2024

18 April 2024

The benchmark indices Nifty 50 and Sensex slipped 0.56% and 0.62% to  22,147 and 72,943, respectively. Foreign Institutional Investors (FII) sold securities worth around ₹4,468 crore, while domestic investors bought shares worth ₹2,040 crore.  Top Gainers and Losers On the sectoral front, Nifty Media, Nifty Oil and Gas, Nifty FMCG, and Nifty Pharma ended in …

Intellect Design Arena’s Enables Digital Transformation at Jordan Kuwait Bank

Intellect Design Arena’s Enables Digital Transformation at Jordan Kuwait Bank

22 April 2024

On April 22, 2024, the transaction banking specialist from Intellect Design Arena Limited, Intellect Global Transaction Banking (iGTB), announced in the stock exchange filing about the Jordan Kuwait Bank’s (JKB) successful implementation of Digital Transaction Banking (DTB) platform enabled by eMACH.ai architecture. The company stated that this implementation offers a completely integrated, mobile-first, state-of-the-art, omnichannel …

Zomato Is 2nd Largest Food Delivery Company In The World By Market Capitalization

Zomato Is 2nd Largest Food Delivery Company In The World By Market Capitalization

22 April 2024

Certainly! With technology, life has become so much easier, hasn’t it? With just one click, we can call or text someone, and even buy groceries online. Ordering food has also become incredibly convenient these days. We can order for ourselves or even for relatives who are far from our locations. Probably, you’ve ordered food for …

Why Brokerages Have Upgraded Hindustan Zinc Despite Fall In Profits?

Why Brokerages Have Upgraded Hindustan Zinc Despite Fall In Profits?

22 April 2024

The Vedanta Group firm, Hindustan Zinc had reported a fall of 21% in net profit this year ending March 2024, On the contrary, several brokerages have been raising target prices on Hindustan Zinc, the Metal Company. Hindustan Zinc’s Q4 Results In its Q4 Results, Hindustan Zinc operated a revenue of Rs.7285 crores which slipped by …

Reliance Industries To Come With Results: Know What Are the Markets Expecting?

Reliance Industries To Come With Results: Know What Are the Markets Expecting?

22 April 2024

The Fortune 350 Company, The largest private sector company in India is set to report its Q4 results today and will also be declaring the dividend. The stock has given a decent 26% return to its investors, who are eagerly waiting for the earnings of the Conglomerate ahead What are the Markets Expecting? The streets …

Zomato Hikes Platform Fees: How Does Zomato’s Path of Profitability Look Like?

Zomato Hikes Platform Fees: How Does Zomato’s Path of Profitability Look Like?

22 April 2024

Zomato is an online food delivery platform which provides services like food delivery, loyalty programs and dine-out. They also launched their first international subsidiary in Dubai in 2012 and are now spread across 24 countries, some direct and others indirect. The company in the past 3 years has shown a good revenue growth of 26.30%. …

Hinduja Global Solutions Launches OneX, A Unified Network Solution

Hinduja Global Solutions Launches OneX, A Unified Network Solution

22 April 2024

On April 22, 2024, Hinduja Global Solutions Limited informed the stock exchanges about the launch of OneX – a unified network-as-a-service solution covering network management, security, and LAN-side control. OneX was launched by CelerityX, the enterprise networking solutions business of OneOTT Intertainment Ltd (OIL), a subsidiary of Hinduja Global Solutions Limited. OneOTT Intertainment Limited is …

Keep an Eye on Trent: A Stock to Watch This Monday

Keep an Eye on Trent: A Stock to Watch This Monday

22 April 2024

The NSE benchmark Nifty 50 index staged a remarkable turnaround, recovering over 300 points from Friday’s low and closing above 22,100. This rebound is a welcome relief for investors who had been concerned about recent market volatility. The daily chart showed a sizable bullish candle resembling a piercing line candlestick pattern, indicating strong buying momentum. …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for April 22

Overnight Digest: Top 5 mid and small-cap stocks to watch out for April 22

19 April 2024

On Friday, the market saw a strong rebound despite geopolitical tensions, ending a four-day losing streak. The Sensex rose by 0.83% to close at 73,088.33, while the Nifty gained 0.7% to close at 22,149.80. The top gainers included Nifty Financial Services, Nifty Bank, and Nifty Metal, while Nifty Media, Nifty Realty, Nifty Pharma, and Nifty …

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

19 April 2024

These three equities gained significantly with price and volume activity during Friday’s trading sessions, indicating potential bullish action. Here’s an in-depth look. Yes Bank Ltd The stock of Yes Bank Ltd is currently trading at Rs 23.9, with a slight decrease from the previous close. Despite this, there’s no significant percentage change. The traded volume …

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