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Share Market Pre Open Updates – April 16, 2024

Share Market Pre Open Updates – April 16, 2024

16 April 2024

On April 15, 2024, Nifty 50 was down 1.10% to 22,272, while Sensex slipped 1.14% to 73,399. Foreign investors sold securities worth around ₹3,268  crores, while domestic investors bought shares worth ₹4,762 crore.  Top Gainers and Losers Nifty Oil & Gas witnessed gains during the trading session while Nifty Media, Nifty PSU Bank, Nifty Financial …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for April 16

Overnight Digest: Top 5 mid and small-cap stocks to watch out for April 16

15 April 2024

On Monday, the market ended at its lowest point in two weeks due to concerns about geopolitical tensions. The main stock indices dropped by more than 1%, with other market segments experiencing even larger declines. The Sensex fell by 1.14% to close at 73,399.78 points, while the Nifty also decreased by 1.1% to reach 22,272.50 …

How the BJP Manifesto Aims to Revolutionize India’s Automotive Landscape

How the BJP Manifesto Aims to Revolutionize India’s Automotive Landscape

15 April 2024

Today, benchmark indices opened lower due to geopolitical tensions after Iran attacked Israel. However, they recovered 170 points from the day’s low. Around 10:45 am, there was a sell-off, with the Nifty nearing its low for the day. The BSE Sensex found support near 73,600. Most sectoral indices were in the red except for the …

Metropolis Healthcare: Completing a Five-Year Journey Since IPO

Metropolis Healthcare: Completing a Five-Year Journey Since IPO

15 April 2024

Metropolis Healthcare is engaged in providing diagnostic services. It offers a range of clinical laboratory tests and profiles used for prediction, early detection, diagnostic screening, confirmation, and monitoring of diseases. The company completed its five-year listing journey, marking the same day in the year 2019 when the company’s shares debuted in the Indian market. IPO …

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

15 April 2024

These three equities gained significantly with price and volume activity during Monday’s trading sessions, indicating potential bullish action. Here’s an in-depth look. SEPC Ltd SEPC Ltd saw a positive day with its stock price trading at Rs 20.8, up from the previous close of Rs 19.9, marking a 4.52% increase. The company experienced a notable …

Top 5 low-priced multibagger stocks that dipped today

Top 5 low-priced multibagger stocks that dipped today

15 April 2024

In the fast-paced world of the stock market, identifying potential multibaggers can be a challenging yet rewarding endeavor. Today, the spotlight falls on five such stocks that witnessed a dip, presenting a possible entry point for interested investors. While past performance is not a guarantee of future results, these companies hold promise and deserve a …

Ambuja Cements To Acquire Tuticorin Grinding Unit for ₹413.75 Crore

Ambuja Cements To Acquire Tuticorin Grinding Unit for ₹413.75 Crore

15 April 2024

On April 15, 2024, Ambuja Cements informed in an exchange filing that the company has signed a definitive agreement to acquire a 1.5 MTPA Grinding Unit at Tuticorin, Tamil Nadu at a value of ₹413.75 crore. Details of the Acquisition On Monday, Ambuja Cements announced that it signed a definitive agreement to acquire My Home …

Mahindra & Mahindra To Acquire 26% of Gelos for ₹40.08 Crore

Mahindra & Mahindra To Acquire 26% of Gelos for ₹40.08 Crore

15 April 2024

On April 15, 2024, Mahindra & Mahindra Limited informed in an exchange filing that the company approved the acquisition of a 26% stake in one or more tranches in the Paid-Up Equity Share Capital of Gelos Solren Private Limited (Gelos). Details of the Acquisition Mahindra & Mahindra stated that Gelos is a wholly-owned subsidiary of …

Brigade Enterprises to Invest ~₹400 Crore to Develop a New Project in Chennai

Brigade Enterprises to Invest ~₹400 Crore to Develop a New Project in Chennai

15 April 2024

Marking a significant move in expanding its commercial portfolio, Brigade Enterprises Limited, a prominent real estate developer, announced a Joint Development Agreement (JDA) with Agni Estates & Foundations Pvt Ltd on April 15, 2024. This partnership will develop Brigade Tech Boulevard, a premium office space project in Chennai. Brigade Enterprises plans to invest approximately ₹400 …

Happiest Minds Technologies Partners with MindSculpt Analytics for Advanced Healthcare Solutions

Happiest Minds Technologies Partners with MindSculpt Analytics for Advanced Healthcare Solutions

15 April 2024

On April 15, 2024, Happiest Minds Technologies Limited informed in a stock exchange filing that the company has been chosen by MindSculpt Analytics to build advanced AI Medical Preventive and Diagnostic solutions. Details of the Collaboration On Monday, Happiest Minds Technologies announced that it has been engaged by MindSculpt Analytics, a Healthcare Solutions Company, to …

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