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Overnight Digest: Top 5 mid and small-cap stocks to watch out for January 18

Overnight Digest: Top 5 mid and small-cap stocks to watch out for January 18

17 January 2024

On Wednesday, the primary stock indices concluded the trading day on a downward trajectory, with the Sensex experiencing a substantial decline of 2.23%, settling at the level of 71,500.76. Concurrently, the Nifty witnessed a 2.09% plunge, closing at 21,571.95. Notably, Nifty IT emerged as the sole major sector exhibiting positive trade dynamics, whereas Nifty Bank, …

These 4 NSE stocks surged over 10% and hit 52-week highs today: Keep them on your radar for tomorrow

These 4 NSE stocks surged over 10% and hit 52-week highs today: Keep them on your radar for tomorrow

17 January 2024

Today, the broader indices, NSE Nifty50 and BSE Sensex, ended the day in the red. The Nifty50 closed at 21,571.95, marking a decline of 460.35 points or 2.09% compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 71,500, reflecting a decline of 1628 points. Among all the stocks listed on the …

Breakout stocks of the day: Kwality Pharmaceuticals and Life Insurance Corporation of India

Breakout stocks of the day: Kwality Pharmaceuticals and Life Insurance Corporation of India

16 January 2024

With price volume support, Kwality Pharmaceuticals and Life Insurance Corporation of India have strong bullish breakout potential. The stock prices have displayed inverse head & shoulder and a consolidation breakout and are presently trading at Rs 471 and Rs 893. The breakout corresponds to the RSI, ADX, and other technical analysis indicators. Kwality Pharmaceuticals Ltd …

Capri Global jumps over 12% on planning to develop insurance platform; details inside

Capri Global jumps over 12% on planning to develop insurance platform; details inside

16 January 2024

At 1 pm, Capri Global Capital shares were trading at Rs 913.25, up by 12.17% from its previous closing of Rs 814.20 on the BSE. Developing Insurance platform  Capri Global Capital has unveiled its strategy to develop an innovative insurance platform designed to optimize the Corporate Agency License issued by the Insurance Regulatory and Development …

L&T Secures New Order for Mumbai-Ahmedabad High-Speed Rail Project

L&T Secures New Order for Mumbai-Ahmedabad High-Speed Rail Project

16 January 2024

L&T Construction’s Railways arm has secured a massive contract to build the electrification system for the Mumbai-Ahmedabad Bullet Train project. This order, awarded by a Japanese agency, spans 508 km and marks the first time India will implement Japan’s Shinkansen High-Speed Electrification technology. The order is expected to be worth about Rs 15,000 crore. About …

The comeback of LIC India: Stock surges past listing price with a 3-month rally

The comeback of LIC India: Stock surges past listing price with a 3-month rally

17 January 2024

On Tuesday, Life Insurance Corporation of India (LIC) witnessed a significant milestone as its shares surpassed the listing price of Rs 875.25 for the first time since its debut on May 17, 2022. The insurance giant had entered the Indian stock exchanges at Rs 875.25 per share, slightly below the issue price of Rs 949. …

IndiGo Airlines: Where intelligence meets air travel

IndiGo Airlines: Where intelligence meets air travel

17 January 2024

The airline industry is a fascinating microcosm of the global economy. It’s a complex network of planes, passengers, and logistics, all working together to keep us connected across continents. But how do we measure the health and success of this industry? And how does India’s leading airline, IndiGo, stack up against global giants. Buckle Up: …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for January 17

Overnight Digest: Top 5 mid and small-cap stocks to watch out for January 17

16 January 2024

On Tuesday, the main stock market indices showed a negative trend, with the Sensex dropping by 0.27% to 73,128.78, and the Nifty decreasing by 0.29% to 22,032.30. The broader market indices, Nifty Midcap and Nifty Smallcap, also saw moderate declines of 0.36% and 0.48%, respectively. In specific sectors, Nifty Metal, Nifty FMCG, Nifty Media, and …

Best Telecommunication Stocks in India 2024

Best Telecommunication Stocks in India 2024

16 January 2024

Telecom Revolution in India India’s telecommunications sector is currently valued at Rs 3,000 billion and is projected to grow at a robust CAGR of 7-9% by FY 24. Fuelled by progressive policies and a friendly investor environment, India has become a hub for global telecom manufacturing, showcasing substantial growth in service revenue over the years. …

These 6 NSE stocks surged over 10% and hit 52-week highs today: Keep them on your radar for tomorrow

These 6 NSE stocks surged over 10% and hit 52-week highs today: Keep them on your radar for tomorrow

16 January 2024

Today, the broader indices, NSE Nifty50 and BSE Sensex, ended the day in the red. The Nifty50 closed at 22,032, marking a decline of 65.15 points or 0.29% compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 73,128.77, reflecting a decline of 199.17 points. Among all the stocks listed on the …

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