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Understanding the heavy sell-off witnessed in small and mid-cap stocks

Understanding the heavy sell-off witnessed in small and mid-cap stocks

12 February 2024

The Nifty Small-Cap 100 index has fallen more than 5% in the last three trading sessions, which is driven by market sentiments amid the news and the dovish MPC policy of the RBI. witnessed significant sell-off from the last 3 trading sessions, erasing much of the gains they had accumulated in recent weeks. The Nifty …

Dynacons Systems and Solutions bags order from BSNL; stock rallies over 12%

Dynacons Systems and Solutions bags order from BSNL; stock rallies over 12%

12 February 2024

Dynacons Systems and Solutions undertakes all activities related to IT infrastructure, including infrastructure design and consulting services, turnkey systems integration, and the setup of large Network and Data Centre infrastructures, including the supply of associated equipment and software. The company boasts a large pool of technical resources present at over 250 locations across India. It …

These 3 stocks from BSE 500 jumped over 8% today; do you own any?

These 3 stocks from BSE 500 jumped over 8% today; do you own any?

12 February 2024

The benchmark index S&P BSE 500 opened today at 31,623.31 and made its day high at 31,624.28, and it is trading in red today, down by more than 0.80% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 8% today. Global Health Ltd …

Upper Circuit Stocks Today – 12 February, 2024

Upper Circuit Stocks Today – 12 February, 2024

12 February 2024

On Monday, the benchmark indices were trading in the red with the Sensex down around 345 points or 0.48% at 72,238 while the Nifty-50 down around 134 points or 0.61% at 21,650. About 1,057 shares have advanced, 2,618 declined and 159 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index …

IT Companies where both FIIs and DIIs increased stake this quarter; do you own any?

IT Companies where both FIIs and DIIs increased stake this quarter; do you own any?

12 February 2024

Today, the Nifty IT index closed the session in the green, up around 300 points compared to Friday’s closing levels, despite the Nifty50 and BSE Sensex concluding the session in the red. Additionally, the NSE IT Index is just 3.7% below its all-time high level of 39,446.70, which was registered in January 2022. Given this …

Share Market Pre Open Updates – February 13, 2024

Share Market Pre Open Updates – February 13, 2024

13 February 2024

On February 12, 2024, the The Nifty IT, Nifty Healthcare, and Nifty Pharma sectors experienced gains in the sectoral landscape. Conversely, the Nifty Media, Nifty PSU Bank, Nifty Realty and Nifty Oil & Gas sectors saw declines. experienced a decline of 0.76%, closing at 21,616, while the Sensex dropped by 0.73% to 71,072. Both Foreign Institutional …

Surya Roshni bags a major order for MS coated pipes

Surya Roshni bags a major order for MS coated pipes

12 February 2024

Established in 1973, Surya Roshni Limited has cemented its position as India’s foremost exporter of ERW Pipes, the largest producer of GI Pipes, and the second-largest player in the lighting segment. With a strong focus on value-added products like 3LPE-coated pipes and Alkyd pipes, Surya Roshni Limited boasts a stellar brand reputation. It leads the …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for February 13

Overnight Digest: Top 5 mid and small-cap stocks to watch out for February 13

12 February 2024

On Monday, the primary stock market indices ended the trading session on a downward trend, unable to sustain the early gains as selling pressure intensified across the broader markets, particularly impacting public sector undertakings (PSUs). The Sensex, representing the top companies on the stock exchange, closed lower by 0.73%, settling at 71,072.49 points, while the …

Revolutionising financial inclusion: Mahindra Finance and IBM’s super app collaboration

Revolutionising financial inclusion: Mahindra Finance and IBM’s super app collaboration

12 February 2024

In a significant move towards enhancing financial inclusion in India, Mahindra & Mahindra Financial Services Limited (Mahindra Finance) and IBM (NYSE: IBM) have announced a strategic collaboration to develop a Super App. This digital platform aims to serve as a single interface for consumers across India to access various financial services offered by Mahindra Finance. …

Man Industries Secures Rs 525 crore work contract, order book reaches Rs 1,600 Crore

Man Industries Secures Rs 525 crore work contract, order book reaches Rs 1,600 Crore

12 February 2024

Founded in 1988, Man Industries (India) is a leading manufacturer of LSAW and HSAW Line Pipes, along with Aluminum Extruded Products. Part of the UK-based Man Group, it boasts certifications such as API and ISO standards, ensuring quality management. Serving prominent clients like GAIL, IOCL, and Reliance in India, and ENPPI and Shell Global internationally, …

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