In a landmark move, the Indian government concluded its 23-year association with Maruti Udyog, the country’s largest carmaker on May 10, 2007. The government successfully divested its residual 10.3% stake, amounting to 2,96,79,709 shares, for an impressive Rs 2,368 crore. The shares were sold at an average price of Rs 797 each. This strategic move …
Today, the Nifty50 achieved a new all-time high, closing at 21,006.1, marking a gain of 68.25 points or 0.33% compared to the previous close. The market exhibited a bullish trend with a momentary struggle between buyers (bulls) and sellers (bears), resulting in a Doji-like candlestick formation characterized by wicks on both ends. Notably, 14 out …
Shares of Paramount Communications Limited gained about 5% today. The stock has witnessed heavy buying activity from investors. As of September 30, 2023, the company’s order book stood at Rs 361 crore. The company has announced impressive quarterly results. In the last six months, the stock has gained about 80%. Paramount Communications Limited has delivered …
Today, the broader indices, namely NSE Nifty50 and BSE Sensex, ended the day in the green. The Nifty50 index commenced trading at 20,934.10 and eventually concluded at 20,969.40, marking an impressive gain of 68 points or 0.33% compared to the previous day’s closing level of 20,901.15. Meanwhile, the BSE Sensex concluded at 69,825.60. Among all …
If you are a stock market participant, you have likely heard about the term ‘penny stocks’ floating around. It may also be possible you may have invested in them, but whether you’ve generated a profit or ended up losing your capital is a different matter. Penny stocks refer to stocks with a remarkably low market …
During the most recent market session, both the Sensex and Nifty closed on a positive note, with the Sensex Index gaining 0.44% and the Nifty-50 Index gaining 0.33%. Additionally, the Nifty Mid-cap Index experienced a modest decrease of 0.21%, whereas the Nifty Small-cap Index, finished the session down by 1%. Nifty Consumer Durables Index and …
These 3 stocks have shown substantial gains in Friday’s trading sessions, indicating strong bullish activity. Here’s an in-depth look. Alok Industries Ltd Alok Industries’ stock has given a volume price breakout on the day chart by taking 200-day EMA support in the last week of November. The stock is currently trading at Rs 22.75 and …
Achieving 50% carbon emissions reduction Jindal Stainless (JSL) is set to achieve its mid-term target of 50% carbon emissions reduction well before the target year of 2035, as it marked its presence at the prestigious United Nations Confederation of Parties (COP) 28 climate summit for the first time. The company signed an MoU with Renew …
IRCTC may become a strong positive breakout candidate in the coming time. The stock price is currently trading at Rs 746 and has witnessed the formation of a rectangle chart pattern. The RSI, ADX and other parameters of technical analysis are in sync with the breakout. Rectangle Chart Pattern The rectangle chart pattern is a …
Trending stock At 10 am, Restaurant Brands Asia shares were trading at Rs 120, up by 4.35% from its previous closing of Rs 115 on the BSE. Facility agreement with Axis Bank Restaurant Brands Asia’s subsidiary, PT Sari Burger Indonesia executed the facility agreement with Axis Bank, IBU, Gift City on December 6, 2023, for …
