The domestic indices had a robust start to the week, experiencing significant upward movement driven by strong gains in the power, oil & gas, banking, and financial services sectors. At 10:30 am, the BSE Sensex soared 1.06%, reaching a level of 71,447. The Nifty 50 index climbed 1.06% to the 21,578 level. On the Sensex, …
PB Fintech Ltd, popularly known as PolicyBazaar, is India’s largest online platform for insurance and lending products through its flagship brands – Policybazaar and Paisabazaar. The company’s platform provides convenient access to insurance, credit, and other financial products. It is in the limelight today as the company posted its quarterly earnings yesterday, leading to a …
Cholamandalam Financial Holdings and JK Lakshmi Cement are showing promising signs of a strong bullish breakout based on price and volume support. Currently, their stock prices are at Rs 1,101 and Rs 935, respectively. The charts reveal a symmetrical triangle pattern and a period of consolidation, indicating potential for an upward price movement. Cholamandalam Financial …
Since its inception in 2010, Madhav Infra Projects Ltd (MIPL) has been an integral player in the realms of Infrastructure Development and Solar Power generation. As the flagship of the Vadodara-based Madhav group, MIPL’s journey unfolds as a captivating saga of success and sustainability. MIPL’s Business Overview MIPL stands as the EPC (Engineering, Procurement, and …
About the Order The Renewable EPC arm of Larsen & Toubro’s Power Transmission & Distribution business has been chosen as the turnkey Engineering, Procurement and Construction contractor to establish an 1800MWac Solar Photovoltaic Plant in Dubai, United Arab Emirates. The project is the sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park, Dubai …
With price volume support, Indian Bank and IDFC First Bank are strong bullish breakout potential stocks. The stock prices have displayed a broadening wedge breakout and bounce back from 200-day EMA formation, and both presently trading at Rs 494 and Rs 82. The breakout and pullback align with positive signals from technical indicators such as …
The benchmark index S&P BSE 500 opened today at 30,804.30 and made its day high at 30,809.15 and it is trading in red today, down by more than 0.40% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 6% today. NLC India Ltd …
The S&P 500 index has given a breakout from a consolidation last week and achieved a new all-time high at 4,903.68 on Thursday with positive sentiments. This breakout may propel the index more to 110 points upside. On the support and resistance side, the levels of 4,604 and 4,538 can be seen as good support …
In a strategic move to enhance its oncology portfolio, Glenmark Specialty S.A. (GSSA), a subsidiary of Glenmark Pharmaceuticals Ltd., has inked a significant license agreement with Jiangsu Alphamab Biopharmaceuticals Company Limited and 3D Medicines (Beijing) Company Limited (3DMed). This agreement grants GSSA an exclusive license for the development, registration, and commercialization of Envafolimab, branded as …
The domestic indices faced a significant downturn, affected by substantial losses in the information technology, banking, financial services, and consumer durables sectors. In contrast, broader indices performed exceptionally well, outperforming the main indices by a considerable margin. At 10:35 am, the BSE Sensex plunged 0.79%, reaching a level of 70,497. The Nifty 50 index slumped …
