In an exhilarating turn of events, Life Insurance Corporation (LIC), India’s leading life insurer, has shattered expectations by surpassing the Rs 1,000 milestone for the first time in today’s trading session. With a remarkable surge of 8.8%, LIC shares reached a new pinnacle at Rs 1,028 apiece, marking a historic moment for investors and the …
On Monday, key market indices ended the day on a downbeat note, with the Sensex closing 0.49% lower at 71,731.42, and the Nifty dropping 0.38% to close at 21,771.70. PSU stocks showed positive movement but retreated from their peak levels. In terms of sectoral performance, Nifty Pharma, Nifty Auto, Nifty Energy, and Nifty Realty recorded …
These three equities gained significantly during Monday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Kothari Sugars & Chemicals Ltd Kothari Sugars & Chemicals Ltd exhibits a compelling technical setup. The stock has demonstrated a Price Volume Breakout along with a 52-week high breakout, signifying a strong bullish sentiment. Furthermore, it is currently …
Steel Authority of India Ltd (SAIL), a major player in the steel industry, is poised for a significant breakthrough as it charts a new course after a decade-long consolidation. Established on January 19, 1954, SAIL is engaged in the manufacturing and sale of steel and steel products, offering a range of flat and long products. …
Not only are global consumers increasingly inclined towards adopting electric vehicles, but Indian consumers are also prominently displaying a significant interest in transitioning their preferences towards electric two-wheelers. According to data available on the government website VAHAN Platform, the electric two-wheeler market in India is commencing 2024 on an electrifying note, sustaining the robust growth …
VA TECH WABAG, one of the leading water technology companies, has secured a USD 33.5 million contract for a 20 million litre per day (MLD) Industrial Wastewater Treatment Plant (IWWTP) at the Ras Tanura Refinery Complex in Saudi Arabia. The project involves engineering, procurement, and supervision of the plant, which will treat a mix of …
Introduction India’s downstream oil refiners are experiencing a transformative phase, marked by a multi-year re-rating and earnings upgrade cycle, as highlighted in a recent report by Morgan Stanley. The sector, comprising major players like Reliance, HPCL, BPCL, and Indian Oil, is witnessing renewed investor interest, driven by a combination of strategic investments, robust growth prospects, …
The stock market may often feel like a frenzy, with market changes and events happening one after another in quick succession. It is easy to get influenced by the hottest trends, the swings in the prices of popular stocks, and the allure of overnight riches. But amidst this frenzy, many experienced investors choose the quieter …
On Monday, the benchmark indices were trading in the green with the Sensex up around 85 points or 0.12% at 72,174 while the Nifty-50 up around 55 points or 0.27% at 21,912. About 2,067 shares have advanced, 1,658 declined and 177 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index …
The domestic indices have started the week with a relatively stable performance, leaning towards gains, primarily driven by positive momentum in the energy, power, utilities, metals, and auto sectors. At 11:00 am, the BSE Sensex added 0.10%, reaching a level of 72,160. The Nifty 50 index gained 0.26% to the 21,910 level. On the Sensex, …
