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Share Market Pre Open Updates – March 12, 2024

Share Market Pre Open Updates – March 12, 2024

12 March 2024

On March 11, 2024, the benchmark indices Nifty 50 fell 0.72% to 22,332, while Sensex dropped 0.83% and settled at 73,502. Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) were seen in buying activity of about ₹4,212 crore and ₹3,238  crore worth of investments, respectively. Experts are anticipating temporary weakness in the market until …

Potential breakout stocks to watch: Infosys and Interglobe Aviation

Potential breakout stocks to watch: Infosys and Interglobe Aviation

14 March 2024

Infosys and Interglobe Aviation are identified as upside potential stocks based on technical analysis. Both stocks have displayed promising technical setup, including price volume action before and a potential to bounce back and breakout. Currently trading at Rs 1,653.30 and Rs 699.90 respectively, their price structures align with positive signals from technical indicators like RSI …

Praveg Wins Contract to Construct Luxury Tents in Lakshadweep from Tourism Department

Praveg Wins Contract to Construct Luxury Tents in Lakshadweep from Tourism Department

14 March 2024

Praveg Limited, a leading eco responsible luxury resorts company in India, has secured prestigious work orders from the Department of Tourism, Union Territory of Lakshadweep. The company is set to develop, operate, maintain, and manage luxury tent accommodations and a variety of commercial activities on Thinnakara Island and Bangaram Island, marking a significant milestone in …

A New Era for Yes Bank: The Search for a Promoter

A New Era for Yes Bank: The Search for a Promoter

14 March 2024

Yes Bank, a prominent player in India’s banking sector, is embarking on a new journey as it seeks a new promoter. This move comes as the bank aims to sell up to 51% of its stake, targeting a valuation of $8-9 billion, a significant increase from its current market capitalization of $7.2 billion. Let’s delve …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for March 15

Overnight Digest: Top 5 mid and small-cap stocks to watch out for March 15

14 March 2024

Wednesday saw the stock market ending positively, with key indices showing gains. The Sensex, India’s benchmark index, closed 0.46% higher at 73,097.28, while the Nifty, another key index, surged by 0.68% to close at 21,146.65 Adani Enterprises, Adani Ports, and Hero Motocorp were among the top performers, while Axis Bank, IndusInd Bank, and JSW Steel …

Small Cap And Mid Cap Downturn: How Much Could It Drop?

Small Cap And Mid Cap Downturn: How Much Could It Drop?

14 March 2024

The blue-chips in India saw minimal movement on Thursday, while the small- and mid-caps saw gains as the market took a break following the previous session’s steep decline due to concerns over the outcomes of a stress test on specific mutual fund schemes. As of now, the blue-chip Nifty 50 was in green at 22,147, …

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

14 March 2024

These three equities’ volume gained significantly during Thursday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Infibeam Avenues Ltd Infibeam Avenues Ltd stock price experienced a significant jump in both price and volume today. This suggests increased buying pressure and potentially a trend reversal. The stock is currently trading near its support level, …

Pharmaceuticals Sector in India – Global Healthcare Backbone

Pharmaceuticals Sector in India – Global Healthcare Backbone

14 March 2024

India’s pharmaceutical industry is a cornerstone of the global healthcare sector, exemplifying innovation, quality, and accessibility. As the world’s largest generic medicines and vaccines supplier, this industry plays a crucial role in global health by providing affordable and effective solutions. The sector is on a trajectory for significant growth, with projections indicating it will expand …

Wipro And Desjardins Join Hands To Streamline Consumer Banking Through Digital Transformation

Wipro And Desjardins Join Hands To Streamline Consumer Banking Through Digital Transformation

14 March 2024

About Agreement Wipro Limited a leading technology services provider has announced a strategic partnership with Desjardins a prominent Canadian financial institution. This collaboration aims to modernize Desjardins consumer banking services using Wipro Gallagher Solutions (WGS) innovative NetOxygen platform. A significant partnership is taking shape between Wipro and Desjardins to revolutionize the latter’s consumer banking landscape. …

10 Stocks with the highest number of equity shares

10 Stocks with the highest number of equity shares

14 March 2024

In the vast world of stocks, some companies stand out for their sheer number of outstanding shares. These “high-float” stocks, with billions of shares circulating in the market, can hold significant sway over market indices and attract a wider range of investors. This article delves into the intriguing realm of companies with the highest number …

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