In the wake of weak Wall Street cues, the Indian benchmark market indices embarked on a rollercoaster ride today, defying expectations with a slightly negative start. However, what followed was a dramatic dance between gains and losses, keeping investors on the edge of their seats. Today, all eyes are on the May derivative contracts, set …
The benchmark indices showed little movement on Thursday, as the BSE Sensex Index decreased by 68 points or 0.11% to reach 61,707, while the NSE Nifty-50 Index increased by 5 points or 0.027% to reach 18,285. Among the sectors, the BSE Utilities Index experienced the highest growth, rising by 1.50%. Today, the shares of Astra …
On Wednesday, the shares of Affle (India) closed at Rs 925.15, up by 1.83% from its previous closing of Rs 908.55 on the BSE. Affle India’s wholly owned Singapore subsidiary – Affle International Pte (Affle) has entered into a definitive Share Purchase Agreement to acquire 100% equity ownership in YouAppi Inc. (YouAppi). YouAppi’s acquisition is …
In the mid-week session, Nifty opened gap down but the index bounced back from day’s low, recovered all points and is currently trading around the opening levels of the last trading session. Capital goods sector is doing quite well from last few trading sessions and follow up buying has been witnessed during Wednesday’s session. One …
Nifty Overview The Nifty 50 Index was introduced in April 22, 1996 and comprises heavyweight companies in term of full market capitalization. However, in June 2009, it shifted to the free float methodology resulting in great rebalancing among different sectors. The Index is re-balanced on a semi-annual basis. Nifty 50 Index is a well-diversified index …
Company Overview: Mishtann Foods Limited is India’s leading FMCG product company, majorly focusing on variety of Basmati rice. Recently, it has announced that it is looking to introduce some new products for the domestic market like free flow iodized salt, crystal salt, and rock salt and has also ventured into new markets like North Eastern …
The benchmark index S&P BSE 500 opened today at 24,681.15 and made its day high at 24,791.51 and it is trading in green with an upside move of more than 0.20%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than …
Biocon Ltd, on a consolidated basis has reported a 1,202.58% rise in net profit for Q4FY23 to Rs 454.60 crore as compared to Rs 336.90 crore in the previous quarter same year and reported a rise of 34.94% YoY. The net sales of the company increased by 56.67% to Rs 3,773.90 crore as compared to …
While IT, consumer durables, and real estate companies fell in value, shares in metal, media, and oil & gas were in high demand. The S&P BSE Sensex barometer index increased 18.11 points or 0.03% to 61,981.79. To reach 18,348 levels, Nifty 50 index gained 33.60 points, or 0.18%. The Sensex rose 0.89% over three straight …
Investing in a company means entering into an implicit partnership with its management, becoming a part owner of the business and sharing in its triumphs and failures. As a minority owner, it becomes crucial to evaluate the credibility, honesty, and work ethic of the majority owner—the management. Honest and effective management is a key ingredient …
