Bajaj Auto, a flagship company of the Bajaj Group and a manufacturer of two and three-wheelers, announced after the market closed that the company’s board of directors has approved a proposal for a Rs 4,000 crore buyback at its meeting held on Monday. Buyback details According to the details in the press release, at its …
Indian benchmark indices commenced the trading session with optimism, edging closer to their 52-week high. Noteworthy gains in the information technology, capital goods, real estate, power, and metal sectors fuelled upbeat sentiment, while the BSE Telecommunication sector was the sole sector trading in the red. The broader indices mirrored the upward trend observed in the …
Nifty50, the widely traded index in India, ended the day with a significant fall of 260 points or 1.35% from its Friday’s closing levels. The Nifty50 index opened the day at 19,522, which was down by 21 points compared to Friday’s closing level of 19,543. It reached intraday highs and lows of 19,557 and 19,258, …
On Wednesday, the main stock market indicators ended the day in negative territory, with the Sensex dropping significantly by 0.73% to close at 71,368.97, and the Nifty also experiencing a notable decline of 0.68%, closing at 21,518.60. Top gainers in individual stocks included Bajaj Auto, Adani Enterprises, and IndusInd Bank, while Hindalco, JSW Steel, and …
The benchmark index S&P BSE 500 opened today at 30,771.25 and made its day high at 30,857.90 and it is trading in green today, up by more than 0.70% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by …
In a noteworthy development, Biocon Ltd’s shares soared to a new 52-week high, reaching Rs 284.45 per share, accompanied by a substantial increase in trading volume by over 1.70 times. This article delves into the factors driving Biocon’s remarkable performance, exploring the anticipation of a strong Q3, the bullish momentum in the stock, and recent …
These three equities gained significantly during Wednesday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Allcargo Terminals Ltd Shares of Allcargo Terminals experienced a notable volume price breakout, coupled with a range breakout. Currently priced at Rs 63.90, the stock has witnessed a substantial surge in trading activity today. The breakthrough is particularly …
During Wednesday’s trading session, the shares of Adani Total Gas Limited zoomed by 9.48%. Additionally, the stock hit a fresh 52-week high mark of Rs 1,100.65 apiece on BSE. The company’s current market capitalisation is Rs 1,20,874.63 crore. Recent development: Adani Total Gas Limited (ATGL) and Shigan Quantum Technologies Limited (Shigan), a provider of alternative …
Mahindra Cipla and Glenmark Pharmaceuticals are strong positive breakout prospects with price volume support. The stock price, which is currently trading at Rs 1,301 and Rs 898, has shown ascending triangle and rectangle chart pattern breakouts, respectively. The breakout is in sync with the RSI, ADX, and other technical analysis metrics. Cipla Ltd Daily chart …
About joint venture GAIL (India) Limited, the country’s leading natural gas company, and truAlt Bioenergy Limited, the largest producer of ethanol in India, have signed a Term Sheet for GAIL’s equity participation in TruAlt’s joint venture company Leafinti Bioenergy Limited which owns and operates India’s second Compressed Bio Gas (CBG) plant. TruAlt Bioenergy and GAIL …
