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RBL bank bleeds money; Sells Rs 800 crore debt at 97.5% discount!

RBL bank bleeds money; Sells Rs 800 crore debt at 97.5% discount!

3 January 2024

Hold onto your hats, folks, because RBL Bank just made a move that’s sending shockwaves through the Indian banking scene. They offloaded nearly Rs 800 crore of their dodgy credit card debt to Kotak Mahindra Bank, and let me tell you, it’s not as simple as “one bank’s trash is another’s treasure.” Why the fire …

How Not To Fall for Get-Rich-Quick Schemes?

How Not To Fall for Get-Rich-Quick Schemes?

3 January 2024

In today’s world of instant gratification and the constant pursuit of wealth, it’s easy to be lured by the promise of quick riches. Get-rich-quick schemes, often disguised as lucrative investment opportunities, prey on people’s desire for financial freedom and the hope of achieving their dreams overnight. However, these schemes are often nothing more than scams …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for January 3, 2024

Overnight Digest: Top 5 mid and small-cap stocks to watch out for January 3, 2024

2 January 2024

On Tuesday, the main stock market indices ended the day on a negative note. The Sensex closed slightly lower by 0.53% at the level of 71,892.48, while the Nifty also concluded with a 0.36% decrease at 21,663.60. Market volatility, measured by India VIX, showed a slight decrease of 0.68%, indicating a small drop in market …

JV of Rail Vikas Nigam bags new order worth Rs 123.36 crore for a major development project

JV of Rail Vikas Nigam bags new order worth Rs 123.36 crore for a major development project

2 January 2024

Rail Vikas Nigam Limited (RVNL) and its joint venture KRDCL are gearing up for a major infrastructure project the redevelopment of Varkala Sivagiri Railway Station. With a combined contract worth Rs 123.36 crore, RVNL will contribute 49% while KRDCL takes on the remaining 51%. Recently, Rail Vikas Nigam Limited (RVNL) and URC Construction (URC) joint …

Royal Orchid Hotels jumps over 6% today; here’s why

Royal Orchid Hotels jumps over 6% today; here’s why

2 January 2024

On Tuesday, Royal Orchid Hotels shares closed at Rs 341.15, up by 6.58% from its previous closing of Rs 320.10 on the BSE. New property in Himachal Pradesh  Royal Orchid & Regenta Hotels, India’s fastest-growing hospitality chain by Royal Orchid Hotels, has opened its 7th property in the picturesque state of Himachal Pradesh. The new …

Breakout stocks of the day: Mahindra Logistics and TCNS Clothing

Breakout stocks of the day: Mahindra Logistics and TCNS Clothing

2 January 2024

Mahindra Logistics and TCNS Clothing are strong positive breakout prospects with price volume support. The stock price, which is currently trading at Rs 424 and Rs 406, has shown a rectangle and inverse head and shoulder breakout, respectively. The breakout is in sync with the RSI, ADX, and other technical analysis metrics. Mahindra Logistics Ltd …

Best Hotel Stocks In India

Best Hotel Stocks In India

7 December 2022

The bellhop of 2024 has just rung, and the hospitality industry is dusting off its champagne flutes after a turbulent year. For investors, the question looms: are hotel stocks ready to check into a bull run, or will they be stuck in the lobby, waiting for room service?  Occupancy Rates  Imagine a hotel lobby bustling …

Top 4 breakout stocks trading below Rs. 100

Top 4 breakout stocks trading below Rs. 100

2 January 2024

These four equities gained significantly during Tuesday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. 3i Infotech Ltd Shares of 3i Infotech have given a volume price breakout in addition to a 14-month high breakout. The stock is currently trading at Rs 56.65, and trading activity has increased over the last 3 days. …

These 5 NSE stocks surged over 15% and hit 52-week highs today: Keep them on your radar for tomorrow

These 5 NSE stocks surged over 15% and hit 52-week highs today: Keep them on your radar for tomorrow

2 January 2024

Today, the broader indices, NSE Nifty50 and BSE Sensex, ended the day in the red. The Nifty50 closed at 21,665.80, marking a decline of 76.10 points or 0.35% compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 71,892, reflecting a decline of 380 points. Among all the stocks listed on the …

Auto market update: Analysing the volume growth of auto companies for December 2023

Auto market update: Analysing the volume growth of auto companies for December 2023

2 January 2024

Ever wondered why your neighbour with the questionable fashion sense drives a sparkling new sports car, while you’re stuck chugging coffee out of a chipped mug in your 10-year-old hatchback? Or why do pickup trucks suddenly seem as prevalent as pigeons in every parking lot? Well, grab your wrenches and settle in, because we’re about …

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