On Monday, the benchmark indices were trading lower with the Sensex down around 330 points or 0.50% at 65,667 and the Nifty-50 down around 99 points or 0.50% at 19,556. About 1,005 shares have advanced, 2,422 declined, and 169 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …
Growth stocks refer to companies that experience higher growth rates than the average growth rates in their share prices, revenue, profits, or cash flow compared to the broader market. Investors are attracted to growth stocks because they offer the potential for substantial price appreciation rather than relying on dividend income. It includes both smaller, emerging …
On the monthly expiry day of October 2023, the markets were under the control of bears, as Foreign Institutional Investors (FIIs) made gross purchases of Rs. 10,239.05 crores and gross sales of Rs. 17,941.58 crores, resulting in a net outflow of Rs. 7,702.53 crores. Domestic Institutional Investors (DIIs) made a net purchase of Rs. 6,558.45 …
Today, shares of Canara Bank hit a 52-week high amid strong financial results for the second quarter of FY24. On a consolidated basis, in Q2FY24 the bank recorded a robust financial performance with a 41.79% year-on-year increase in net profit, reaching Rs 3,677.39 crore, compared to Rs 2,593.49 crore in the corresponding quarter of the …
The Sensex and Nifty are both on an upward trajectory, marking surges of 0.37% and 0.33%, respectively. In parallel, the Nifty Midcap and Nifty Smallcap segments are also exhibiting lower momentum, down by 0.13% and 0.20%, respectively. Examining the constituents of the Nifty 50 index, notable gainers include BPCL, Reliance Industries and Cipla. On the …
On Monday, the benchmark indices were trading flat with the Sensex up around 14 points or 0.03% at 63,788 and the Nifty-50 up around 3 points or 0.01% at 19,050. About 1,756 shares have advanced, 1,620 declined, and 181 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …
Volatility is one of the major factors to consider while investing in equities. High-volatility stocks can fluctuate positively or negatively during short-term intervals. Investors see volatile stocks with a higher risk due to a large room for potential losses or gains. However, for the benefits of diversification and decent returns, these stocks are accumulated by …
Long-term breakouts on weekly charts are an essential technical analysis pattern that traders and investors use to identify significant price movements. A breakout occurs when the price of an asset moves above a key resistance level or below a key support level, signalling a potential trend reversal or the continuation of an existing trend. Here …
Miniratna Companies in India represent a distinct category of public sector enterprises, distinguished by a level of autonomy in their operations and decision-making. These companies are categorized according to their financial performance and are granted a higher degree of flexibility and independence in comparison to other public sector units. CPSEs are divided into several categories, …
Maggie manufacturer Nestle India Ltd reported its quarter 2 results, along with the announcement of an interim dividend distribution and a stock split in a ratio of 1:10. The FMCG firm reported an 8% increase in revenue quarter on quarter and a 9% increase year on year. Net profit rose by 30% quarter on quarter …
