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General Insurance Corporation of India zooms over 15% and hits an all-time high; do you own it?

General Insurance Corporation of India zooms over 15% and hits an all-time high; do you own it?

8 February 2024

General Insurance Corporation of India is an India-based global reinsurance solutions provider, offering a wide range of services in the insurance and reinsurance industry to cater to diverse needs both domestically and internationally. Today, the company experienced a significant surge in its share price. Share Performance At the start of the trading day, the company’s …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for February 9, 2024

Overnight Digest: Top 5 mid and small-cap stocks to watch out for February 9, 2024

8 February 2024

Market closes at day’s low with financials remain a drag RBI’s status quo policy & healthy growth estimates fail to boost mkt sentiment Sensex closed substantially lower by 1% concluding at 71,428.43 level, while Nifty also significantly plunged by 0.97% and closed at 21,717.95 level. Four of 5 top 5 Nifty contributors to the downside …

Zomato Q3 FY24 results: net profit jump to Rs 138 crore; shares rally 5%

Zomato Q3 FY24 results: net profit jump to Rs 138 crore; shares rally 5%

8 February 2024

Zomato, the Indian online food delivery giant, disclosed its performance for the December quarter of FY24. After the announcement, the company’s shares experienced a rally during the closing of today’s trading session. Quarterly earnings According to the company’s statement, it reported a total revenue of Rs 3,507 crore, indicating a remarkable growth of 65% YoY …

Top 3 breakout stocks trading below Rs 100

Top 3 breakout stocks trading below Rs 100

8 February 2024

These three equities gained significantly during Thursday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. B.L. Kashyap & Sons Ltd B.L. Kashyap & Sons exhibits a compelling technical setup. The stock has demonstrated a Price Volume Breakout along with a consolidation range breakout on the daily timeframe, signifying a strong bullish sentiment. Furthermore, …

Inox Wind clinches massive 1,500 MW wind power deal with CESC; stock hits fresh 52-week high

Inox Wind clinches massive 1,500 MW wind power deal with CESC; stock hits fresh 52-week high

8 February 2024

In a landmark agreement, Inox Wind, India’s one of the leading wind energy solutions providers, has signed a binding framework agreement with CESC Limited, a major power utility, to install and supply 1,500 MW of wind power capacity over the next 3-4 years. This marks the single largest wind project order ever secured by an …

Share Market Pre Open Updates – February 08, 2024

Share Market Pre Open Updates – February 08, 2024

8 February 2024

The Nifty 50 index inched up by 0.01% to close at 21,930, while the Sensex slipped by 0.05% to finish at 72,152, marking a notably volatile day in the market. Experts anticipate a decisive move in the near future amid the fluctuations. Foreign Institutional Investors (FIIs) were observed to engage in a sell-off amounting to …

Upper Circuit Stocks Today – 08 February, 2024

Upper Circuit Stocks Today – 08 February, 2024

8 February 2024

On Thursday, the benchmark indices were trading in the red with the Sensex down around 175 points or 0.24% at 71,966 while the Nifty-50 down around 51 points or 0.23% at 21,880. About 1,913 shares have advanced, 1,686 declined and 155 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index …

Stocks under Rs 500: Unveiling Vijay Kedia’s multibagger picks

Stocks under Rs 500: Unveiling Vijay Kedia’s multibagger picks

8 February 2024

Vijay Kedia, also known as the ‘Master of the Market,’ has emerged as a prominent figure in the investment landscape. Born into a family of stockbrokers, Kedia’s journey is a testament to resilience and determination. His early exposure to the stock market ignited a passion that led him to establish himself as a successful investor …

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?

8 February 2024

The benchmark index Shares of The New India Assurance Company Ltd is trading today with an up move by more than 12.30% on BSE. opened today at 31,936.40 and made its day high at 31,938.81, and it is trading in red today, down by more than 0.30% From the same space, these are the top 3 …

Massive Merger: Mangalore Chemicals and Paradeep Phosphate unite

Massive Merger: Mangalore Chemicals and Paradeep Phosphate unite

8 February 2024

In a strategic move that promises to reshape India’s fertiliser industry landscape, Mangalore Chemicals & Fertilisers Ltd (MCFL) and Paradeep Phosphates Ltd (PPL) have announced a merger. This blog delves into the implications of this monumental decision and its potential impact on shareholders, stakeholders, and the wider market. A Mega-Merger MCFL and PPL, two prominent …

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