On March 7, 2024, as the last trading of the week ends, BSE Sensex and Nifty rose 0.5% each this week. On the account of Mahashivratri, the market will remain shut on March 8, 2024. In this article, let us look at the top stocks that gained and lost this week. Top 3 Gainers For …
DCIL and BEML Join Forces In a significant move towards self-reliance in the maritime sector, Dredging Corporation of India Limited (DCIL) and BEML Limited (BEML) have signed a Memorandum of Understanding (MoU) to collaborate on the indigenous design, development, and manufacturing of dredgers and their spare parts. This strategic partnership aims to leverage the expertise …
Imagine a crop season without fertilisers. Will you get good seasonal fruits, vegetables, grains, and so on? Yes, everyone will get them, but the quality and quantity may be hampered without fertilisers. Fertilisers are vital elements in the agriculture process. Not only this, but they could also lead to food shortages and higher prices. Additionally, …
Mahashivratri, a sacred festival celebrated across India, is a time for spiritual reflection and celebration. Mahashivratri holds significant importance among Hindus and is marked as a grand festival. This year, Mahashivratri will be celebrated on March 08, 2024. On this sacred festival, here are 5 stocks to watch out for: Name Sub-Sector Market Cap (In …
Government Initiatives Drive Growth The Indian government’s push towards green hydrogen is evident with the implementation of Production Linked Incentive (PLI) schemes, aimed at fostering the domestic production of electrolyzers and green hydrogen. Notable players like RIL, Greenko, Acme, Adani, L&T, Ohmium, and Hygenco have emerged as winners in the first tranche of PLI schemes, …
Oracle Financial Services Software and Indian Oil Corp are identified as upside potential stocks based on technical analysis. Both stocks have displayed promising technical setups, including price volume action before and a potential to breakout. Currently trading at Rs 7,903.10 and Rs 177.50 respectively, their price structures align with positive signals from technical indicators like …
On Wednesday, March 6, 2024, morning at 10 AM, the share price of Samvardhana Motherson International fell about ~6% after the news that a block deal with about 4.7% equity is said to have changed hands. Samvardhana Motherson Block Deal Details While the deal details are not yet available on the exchanges, Sumitomo Wiring Systems, …
Today, on March 6, 2024, the shares of Bharat Heavy Electricals Ltd (BHEL) fell around 6% despite the news that the heavy electrical equipment maker said it had bagged a ₹9,500 crore order from NTPC (National Thermal Power Corporation) Ltd. BHEL Bags NTPC Contract On Tuesday, BHEL announced that the company bagged a contract from …
Fairfax India Holdings Corporation a steadfast investor in IIFL Finance Limited, has stepped forward to provide crucial liquidity support in response to the recent Reserve Bank of India embargo on the company’s gold loan disbursements, effective March 5, 2024. About the agreement The RBI’s imposition of restrictions has prompted concerns among investors and lenders about …
India’s transportation industry is undergoing a significant transformation with a growing emphasis on green alternatives. One notable development is the increasing adoption of electric buses as part of the country’s ambitious green transport agenda. This article explores the key drivers, challenges, and opportunities surrounding the electrification of India’s bus fleet. Auto Manufacturers Embrace Electric Buses …
