Domestic indices reached new all-time highs, propelled by a robust rally in IT stocks. Wipro took the lead, with its shares surging over 6%, topping the charts. Investor optimism extended to banking, real estate, and healthcare sector stocks as well. At 10:55 am, the BSE Sensex soared 0.76%, reaching a level of 73,119. The Nifty …
In the culmination of the trading week, markets experienced a robust upward surge, with IT giants driving the momentum right from the opening bell. The benchmark index, Nifty 50, opened with a gap-up and sustained its upward trajectory, closing near the day’s high at the 21,894 level. This marked a breakout of the bullish up …
Introduction: Over the past one year, the equity market has given stellar returns to Indian investors. In FY23, BSE Sensex and BSE 100 indices both increased by 18.74% and 21.49%, respectively. BSE 150 Mid Cap and BSE 250 Small Cap segments have increased by 40.82% and 45.75%, respectively. Company Table In the past year, from …
A Day of Unprecedented Losses On January 11, the Indian stock market witnessed a seismic event as Polycab India Ltd’s shares nosedived by over 21%, causing mutual funds to incur losses exceeding Rs 940 crore and foreign investors to grapple with staggering losses of Rs 1,885 crore. The sharp decline was a direct response to …
In a significant milestone for Mumbai’s growth, the Mumbai Trans Harbour Link (MTHL), officially named Atal Setu, is set to transform the connection between Mumbai and Navi Mumbai. Today marks the inauguration of Atal Setu, India’s longest sea bridge, as part of the substantial upgrade of Mumbai’s public infrastructure. Prime Minister Narendra Modi will unveil …
These three equities gained significantly during Friday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Suzlon Energy Ltd Suzlon Energy has recently demonstrated a notable volume-price breakout, accompanied by the 52-week high breakout. Currently valued at Rs 45, the stock has experienced a significant surge in trading activity. The breakout is particularly noteworthy, …
On Friday, the main stock market indices had a good day. The Sensex increased by 1.30% and closed at 72,651.05, while the Nifty also went up by 1.2%, ending at 21,908. The market’s volatility, measured by India VIX, dropped by 2.6%, showing a decrease in market uncertainty. The sectors that performed well include Nifty IT, …
Today, the broader indices, NSE Nifty50 and BSE Sensex, ended the day in the green. The Nifty50 closed at 21,894.55, marking an increase of 247.35 points or 1.14% compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 72,568.45, reflecting an increase of 847.27 points. Among all the stocks listed on the …
On Thursday, Allied Digital Services shares hit the upper circuit of 20% to trade at Rs 170.90, from its previous closing of Rs 142.45 on the BSE. MSI for Ayodhya Smart City Project Allied Digital Services Ltd has been selected as a Master System Integrator (MSI) for the Integration of CCTV Surveillance with the Existing …
In the dynamic world of the stock market, where unpredictability reigns supreme, one company has recently emerged into the spotlight – Polycab India Ltd. Boasting an extraordinary gain of 293.39% over the past year, the stock has been on a dream run. However, a sudden downturn of 9.12% in the last week has cast a …
