The Indian benchmark indices witnessed a significant upswing, gaining momentum after initially starting the session flat. A notable rally in energy, oil & gas, power, and metal stocks contributed to an overall increase in market optimism, while the BSE Information Technology index was the sole loser. The broader indices outperformed the main indices by a …
Company profile Deepak Nitrite Ltd, a leading chemical intermediates and chemicals manufacturer, showcases an impressive stock performance narrative. Operating through two key segments, Advanced Intermediates and Phenolics, the company boasts a diverse product portfolio, including sodium nitrite, sodium nitrate, nitro toluidines, fuel additives, phenol, acetone, and more. Stock performance and technical analysis In mid-October 2021, …
In a move set to reshape India’s media landscape, Walt Disney and Reliance Industries have inked a non-binding agreement to merge their Indian media operations. The proposed deal sees Reliance Industries holding a majority 51% stake, combining shares and cash, while Disney retains the remaining 49%. This strategic alignment signals a power shift in favour …
Market Buzz As the Indian markets surge with renewed energy, the bulls take center stage, orchestrating a market symphony that propels Nifty beyond the 21,450 mark. Amid this bullish wave, Sanjivani Parenteral Ltd. emerges as a standout performer, capturing investors’ attention with a 2% surge, triggering an upper circuit, and achieving a fresh 52-week high …
About the commissioning: JSW Energy Ltd and its subsidiaries are primarily engaged in the business of generation of power from its power assets has today reported that a wholly owned step-down subsidiary JSW Renew Energy Limited has started phase-wise commissioning of the 810 MW ISTS-connected Wind Power Project awarded under SECI tranche IX in Tamil …
On Tuesday, the benchmark indices were trading higher with the Sensex up around 280 points or 0.40% at 71,382 while the Nifty-50 up around 111 points or 0.52% at 21,461. About 2,382 shares have advanced, 1,225 declined, and 181 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …
One stock from the metal sector is on the verge of a significant technical breakout after a consolidation period of over 100 weeks and has caught the attention of investors. It has surged over 5% in just the first half of this week, surpassing the total volume of the previous week. In the midweek trading …
The Nifty Midcap-100 and Smallcap-100 indices outperformed the benchmark index in the post-Covid rally. The Midcap index rallied over 209% and the Smallcap jumped a staggering 276% from the March 2020 lows. During the same period, the NSE benchmark Nifty50 index advanced 148%. On May 16, 2023, Nifty Midcap 100 index made a fresh 52-week …
The Index Maintenance Sub-Committee (Equity) of NSE Indices Limited has recently unveiled its plan to introduce changes across various Nifty equity indices, with the adjustments set to come into effect starting from September 29, 2023 (close of September 28, 2023). In a significant alteration, companies including ACC, Nykaa, HDFC AMC, Indus Tower, and Page Industries …
After opening in positive terrain, the Nifty within no time logged a fresh all-time high on Thursday of 20,167.65. However, after the initial hour, the index traded mostly in a stipulated range and ended the day with modest gains of 33 points or 0.16%. On the daily chart the index formed a small-bodied candle with …
