India’s foreign exchange (forex) reserves, a vital barometer of economic health, have been navigating a tumultuous path in recent weeks. The Reserve Bank of India (RBI) data reveals that these reserves have taken a hit, declining by USD 2.36 billion to USD583.53 billion during the week ending October 20, 2023, following a brief uptick in …
Sealmatic India Limited specializes in the design and production of mechanical seals and related products. The company holds a prominent position as a leading designer and manufacturer of mechanical seals utilized in a wide spectrum of industries, including Oil & Gas, refinery, petrochemical, chemical, pharmaceutical, fertilizer, power, mining, pulp & paper, aerospace, marine, and various …
KFin Technologies Limited (KFintech) is a technology-driven financial services platform that provides comprehensive services and solutions to the capital markets ecosystem, including asset managers and corporate issuers across various asset classes in India and globally. It offers a wide range of investor and issuer solutions, and it is the largest service provider to Indian mutual …
Indian frontline indices started the session on a downward note, witnessing substantial declines in the metals, utilities, and power sectors. In contrast, BSE Telecommunications and BSE Realty showed strength, pleasing investors with gains of 1% each. With 1,889 shares rising on the BSE and 1,589 shares declining, the advance-decline ratio remained in favour of advances. …
Apollo Micro Systems Limited, an India-based company, that specialises in electronic, electromechanical, and engineering design, manufacturing, and supply, dedicated to designing, developing, and providing mission-critical solutions for the defence and space industry, experienced a significant increase in its share price today. At the start of the day, the stock began trading at Rs 92.85 per …
The benchmark index S&P BSE 500 opened today at 26,627.08 and made its day high at 26,650.19 and it is trading almost flat today, marginally down by 0.06% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by …
At 9:30 am, RattanIndia Enterprises shares were trading at Rs 57.34, up by 10.89% from its previous closing of Rs 51.71on the BSE. RattanIndia Enterprises’ company, Throttle Aerospace Systems (TAS) has received Type-Certification for its drone product, DOPO, from the Directorate General of Civil Aviation (DGCA). DOPO is a multipurpose drone, and with this Type-Certification, …
Dividends are a portion of a company’s profits distributed to its shareholders, representing a vital reward for investors. These payouts serve as a tangible return on your investment. Dividends not only offer consistent income but also signify a company’s commitment to delivering shareholder value, making them a critical component of many investors’ portfolios. In this …
On Wednesday, the benchmark indices were trading lower, with the Sensex down around 80 points or 0.12% at 63,795, and the Nifty-50 down 10 points or 0.05% at 19,070. About 1,286 shares had advanced, 1,646 had declined, and 109 remained unchanged on the BSE at the time of writing this article. Turning your attention to …
Dead Cat Bounce This is a chart pattern which can occur after a sharp fall in the stock. A recovery rally seen in the stock price looks like a revival of the uptrend but actually, it is a bull trap. A “Dead Cat Bounce” (DCB) is a situation in the stock market where a stock …
