Positive Performance Across Key Segments In February 2024, the automotive industry witnessed robust volumes, primarily driven by Passenger Vehicles (PVs) and Two-Wheelers (2Ws). PV volumes surged by 18% year-on-year (YoY), while 2W volumes grew by an impressive 24% YoY. Notably, the Three-Wheeler (3W) segment also recorded a healthy growth rate of 16% YoY. This uptrend …
On March 6, 2024, the IT service provider, LTIMindtree, signed an agreement with Global Digital, an arm of Saudi Aramco, for IT services in the Middle East and North Africa (MENA) region. LTIMindtree’s New Joint Venture LTIMindtree is the 6th largest IT services firm by revenue in India. As of FY 2023, the company has …
On Thursday, the benchmark indices were trading in the green with the Sensex down around 38 points or 0.05% at 73,100, while the Nifty-50 was up around 5 points or 0.02% at 22,475. About 2,238 shares have advanced; 1,322 declined; and 124 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
Following the achievement of new all-time highs in the previous trading session, domestic indices encountered challenges in gaining momentum today. Nevertheless, the metals, telecommunications, and capital goods sectors made notable gains, attempting to uplift market sentiment. At 10:30 am, the BSE Sensex edged down by 0.01% reaching a level of 74,080. The Nifty 50 index …
Varun Beverages and Punjab National Bank are identified as upside potential stocks based on technical analysis. Both stocks have displayed promising technical patterns, including price volume support and the potential to bounce back. Currently trading at Rs 1,394.45 and Rs 122.30 respectively, their price structures align with positive signals from technical indicators like RSI and …
Today the NSE Nifty50 and BSE Sensex, ended the day in the red. The Nifty50 closed at 22,356, registering a decline of 49.30 points or 0.22% compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 73,667, reflecting a decline of around 195 points. Among all the stocks listed on the NSE, …
Amidst a landscape of global uncertainties including geopolitical tensions, financial constraints, and environmental challenges, the Indian economy stands resilient and poised for growth. With the International Monetary Fund (IMF) revising India’s GDP growth forecast to 6.7% for the fiscal year 2024, optimism permeates the economic horizon. Notably, both HDFC Bank and State Bank of India …
The benchmark index S&P BSE 500 opened today at 32,300.31 and made its day high at 32,317.23, and it is trading in red today, down by more than 0.30% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 6% today. Capri Global Capital …
About the contract Kalpataru Projects International Limited (KPIL), a leading Indian EPC company, has secured significant contracts from Saudi Aramco for the Master Gas System Network (MGS-3) expansion project in Saudi Arabia. This project marks a major milestone for KPIL, solidifying its position as a trusted partner in the global oil and gas sector. KPIL …
On Tuesday, the benchmark indices were trading in the red with the Sensex down around 183 points or 0.24% at 73,700, while the Nifty-50 was down around 47 points or 0.23% at 22,354. About 1,486 shares have advanced; 1,552 declined; and 105 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
