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Volume buzzers: Stocks that have seen good volumes in today’s session so far

Volume buzzers: Stocks that have seen good volumes in today’s session so far

26 September 2023

Today, the S&P BSE Sensex, the frontline index, opened at 66,071.63, compared to the previous closing of 66,023.69. At present, it is trading at 65,962.33, down by 61.36 points or 0.09%. The index touched an intraday high of 66,078.26 and a low of 65,909.41 points, respectively. In contrast, the Nifty50 is trading at 19,672.65, down …

D B Realty to acquire stakes in 3 hotels; details inside

D B Realty to acquire stakes in 3 hotels; details inside

26 September 2023

D B Realty has entered into separate Share Purchase Agreements to acquire shares of Bamboo Hotel Global Centre (Delhi), Goan Hotels & Realty and BD and P Hotels (India) on the terms and conditions as contained therein. D B Realty will acquire 10,10,000 Class A equity shares in Bamboo Hotel for a total consideration of …

Indian Hotels Company rises on opening a new resort in Gangtok

Indian Hotels Company rises on opening a new resort in Gangtok

26 September 2023

At 12 pm, the shares of Indian Hotels Company were trading at Rs 414, up by 1.26% from its previous closing of Rs 408.85 on the BSE. Indian Hotels Company (IHCL) has expanded its footprint in Sikkim with the opening of a resort in the state capital Gangtok. The 69-key resort, spread over 14 acres …

Subsidiary of Welspun Corp to set up water tanks and PVC pipe facilities in Telangana

Subsidiary of Welspun Corp to set up water tanks and PVC pipe facilities in Telangana

26 September 2023

Welspun Corp Limited, a leading manufacturer of steel and home furnishing products, has announced that its wholly owned subsidiary Sintex BAPL has signed a Memorandum of Understanding (MOU) with the state government of Telangana to set up a manufacturing unit in the state with an investment of up to Rs 350 crore.  The proposed project …

Shares of HDFC Asset Management Company gain momentum after Rs 25 cr investment in subsidiary

Shares of HDFC Asset Management Company gain momentum after Rs 25 cr investment in subsidiary

26 September 2023

Indian benchmark indices started the trading session flat, reflecting subdued investor sentiment. Notably, BSE Metals and BSE Telecommunications led the way as the top-performing sectors, both posting gains exceeding 1%, while BSE Information Technology and BSE Bankex were the only losing sectors. With 2,006 shares rising on the BSE and 1,279 shares declining, the advance-decline …

RPP Infra Projects secures orders worth Rs 482 Cr; Stock hits upper circuit

RPP Infra Projects secures orders worth Rs 482 Cr; Stock hits upper circuit

26 September 2023

RPP Infra Projects Limited, a prominent Indian company engaged in construction across multiple infrastructure verticals such as roads, buildings, industrial structures, power, irrigation, and waste management, has made a significant announcement regarding the orders it has received. According to the official report, the company has received multiple orders worth approximately Rs 482 crore. What’s more, …

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 26 September, 2023

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 26 September, 2023

26 September 2023

On Tuesday, the benchmark indices were trading higher with the Sensex up around 28 points or 0.05% at 66,050 and the Nifty-50 up around 19 points or 0.09% at 19,693. About 1,892 shares have advanced, 1,043 declined, and 109 are unchanged on the BSE. Top gainers and losers on the BSE Sensex Index are as …

From stellar listing to stellar quarterly results; VPRPL announces its June quarter results

From stellar listing to stellar quarterly results; VPRPL announces its June quarter results

26 September 2023

Vishnu Prakash R Punglia Limited, one of India’s fastest-growing infrastructure development companies, announced its June quarterly results yesterday. The stock made its debut this month with a stellar listing, providing impressive returns to its subscribers on the listing day itself. Let’s quickly observe the results announced by the company and compare the current quarter’s results …

Nifty and Bank Nifty Analysis – September 22, 2023

Nifty and Bank Nifty Analysis – September 22, 2023

22 September 2023

Nifty: Nifty declined sharply over 500 points from its all-time high level of 20,222.45 registered on September 15.  We cautioned about this decline, as the market was impulsively overextended. The index is below the previous low and also below the prior breakout level. It retraced 50 per cent of the prior rally in just three …

Nifty and Bank Nifty Analysis – September 26, 2023

Nifty and Bank Nifty Analysis – September 26, 2023

26 September 2023

Nifty 50: The Nifty has formed a Doji candle after a decline of over 3%. Previously, it found support at the 50DMA, as we discussed. The bounce from the 19,585-19,626 support zone is now a reality. The index closed flat, indicating exhaustion in the trend. Now, Monday’s low of 19,601 is a crucial support for …

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