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HDFC Bank launches UPI QR Code interoperable with CBDC

HDFC Bank launches UPI QR Code interoperable with CBDC

14 July 2023

HDFC Bank has launched a UPI QR code interoperable with India’s sovereign digital currency, Central Bank Digital Currency (CBDC). With this, HDFC Bank becomes one of the first banks in the country to complete the integration process. The interoperable UPI QR code allows HDFC Bank merchants who have been onboarded on the bank’s CBDC platform, …

Penny stocks to watch out for Monday, 17 July 2023

Penny stocks to watch out for Monday, 17 July 2023

14 July 2023

The Sensex experienced a significant increase of 0.77%, reaching a new record high of 66,159 points. Similarly, the Nifty also reached an all-time high of 19,595 points. The Nifty Midcap and Nifty Smallcap indices showed strong growth, surging by 1.15% and 1.42% respectively.  Among the top gainers were Nifty IT, Nifty Metal, and Nifty Media, …

Chandrayaan 3 and India’s Space Sector: Companies at the Forefront

Chandrayaan 3 and India’s Space Sector: Companies at the Forefront

14 July 2023

India’s space venture is set to reach new heights today (July 14, 2023), when Chandrayaan 3 takes off. It is a mark of India’s growing technological capabilities in the field. The mission holds great significance as it aims to establish India as the fourth country in the world to successfully land a spacecraft on the …

HDFC’s Incredible Journey: From Rs 85 to Rs 2730

HDFC’s Incredible Journey: From Rs 85 to Rs 2730

14 July 2023

On July 12, Housing Development and Finance Corporation ended its remarkable journey of around 45 years and stopped trading in the Indian markets post the merger with HDFC bank that came into effect on July 1. Shares of HDFC, India’s first housing finance company, traded for one final time on Wednesday, bringing the curtain down …

L&T’s game-changing role to power the launch of Chandrayaan Mission – 3

L&T’s game-changing role to power the launch of Chandrayaan Mission – 3

14 July 2023

Larsen & Toubro has been actively engaged in India’s Space Program for over fifty years. L&T’s role in the launch of the LVM3 M4 Chandrayaan Mission is pivotal and significant. From the initial stages of subsystem manufacturing to mission tracking, L&T has played a remarkable part in this endeavour.  L&T’s notable contributions to the mission …

Tata Motors is hitting back-to-back 52-Week High

Tata Motors is hitting back-to-back 52-Week High

21 June 2023

Yesterday, shares of Tata Motors Ltd reached a 7-year high and hit a fresh 52-week high, following a positive market sentiment among investors. Today, the stock opened at a fresh 52-week high of Rs 585.95. Currently, it is trading at Rs 578.40, down by 0.84%. Over the past one year, the company has provided a …

FIIs and DIIs Increase Stakes in 20 Companies; 19 Stocks Yield Positive Returns

FIIs and DIIs Increase Stakes in 20 Companies; 19 Stocks Yield Positive Returns

13 July 2023

The first quarter of FY24 concluded on June 30. With the start of the new quarter, companies will begin sharing their first-quarter results with investors and other stakeholders. Along with disclosing the financial performance of the company, investors also start receiving updates on changes in the shareholding pattern. This information allows us to understand if …

Phoenix Mills breaks out from bullish up flag pattern, surges over 6.5% with strong volumes

Phoenix Mills breaks out from bullish up flag pattern, surges over 6.5% with strong volumes

13 July 2023

On the weekly expiry trading session, the Nifty index started positively, driven by global cues, and surged to new all-time highs. However, in the afternoon session, it relinquished all gains and closed near the day’s lowest point. Despite this market weakness, a remarkable stock in the realty sector demonstrated relative strength by soaring over 6.5% …

Thangamayil Jewellery: From Negative IPO Listing to Multibagger Returns

Thangamayil Jewellery: From Negative IPO Listing to Multibagger Returns

13 July 2023

Business Overview Thangamayil Jewellery Limited, an India-based company, is primarily engaged in the manufacturing and sale of jewellery, along with other accessories and products. The company specialises in gold jewellery, diamond articles, and silver items. With a collective area of approximately 43,500 square feet, the company operates over 37 showrooms and approximately 13 exclusive Thangamayil …

Patanjali Foods – Offer for Sale (OFS)

Patanjali Foods – Offer for Sale (OFS)

13 July 2023

Patanjali Foods Ltd, formerly known as Ruchi Soya Ltd, initiated an Offer for Sale on July 12, as stated in its latest exchange filing. The Offer for Sale presents an opportunity for one of its major promoters, Patanjali Ayurved, to divest its stake in the company.  The Patanjali Ayurved currently holds the largest stake in …

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