An Overview Last week, five of the ten most valuable companies increased their overall market value by Rs. 62,508.32 crore, with RIL emerging as the highest gainer. Other gainers included HUL and SBI, while losers included TCS, Infosys and ICICI Bank.. RIL’ market capitalization increased by Rs. 23,582.73 crore to Rs. 15,37,600.23 crore at the …
An Overview SEBI full-time member, G Mahalingam said on Monday that investors should exercise extreme caution when investing in the stock market and should not be swayed by stories of others’ unrealistic success. He went on to say that an investor should invest based on his or her personal risk tolerance and devote time to …
The benchmark indices, BSE Sensex and NSE Nifty rebounded on December 7, Tuesday, gaining over 1.5 percent aided by positive cues on the global front, led by metal and banking stocks rallying. The Sensex closed at 57,633.65 points while the Nifty closed at 17,176.70 points on Tuesday. The broader markets too recovered, with the Nifty …
An Overview In November, foreign portfolio investors (FPIs) intensified their selling in the Indian secondary share market as concerns about a new coronavirus variant grew. In the secondary market, they were net sellers of equities worth $4.5 billion (Rs. 33,799 crore). According to NSDL data, it was the most since March 2020, when they sold …
The Reserve Bank of India (RBI) has reportedly given the go-ahead to state-owned insurer LIC to double its holding in IndusInd Bank to nearly 10 per cent (9.99 pc). The LIC stake in the private bank was 4.95 per cent thus far, as per reports. According to a regulatory filing by the bank, this approval has …
A decline in NASDAQ in the previous week has caused quite a stir among top tech stocks in the Indian stock market. Shares of listed startups feature tremendous pressure due to the negative bottom line and higher valuations, which has agitated investors’ sentiments. Now, amid the global stock market seizure, Indian investors are jittered. But …
On Tuesday, 8 February 2022, IRCTC (Indian Railway Catering and Tourism Corporation) reported a whopping growth in its 3rd quarter income with consolidated net profit increasing 32% sequentially and 167.4% on-year on account of a low base during Q3 FY 2022. Go through this blog to get the intricate details! Know About IRCTC’s Revenue! Revenue …
An array of companies have published their FY 22 Q3 results in the past few days, and Coffee Day Enterprises Ltd. (CDEL) is no exception. This company released its quarter three results for the current financial year on Monday, 14 February 2022. Read through to find out more about it! A Closer Look into This …
Election-Time Market Turbulence With India in the midst of its General Elections, the stock markets are anything but steady. This rollercoaster ride is leaving investors feeling jittery, driving them to scrutinize every possible market indicator for a clue about when the storm might pass. One such indicator that recently grabbed their attention is the India …
On Friday, the Bank Nifty opened at 48,660 and reached an intraday high of 48,679.65. However, the index failed to maintain these gains due to profit-taking, leading to a decline that ended the day down by 0.61%. Daily and Weekly Chart Patterns On the daily chart, Bank Nifty formed a “dark cloud cover” pattern, indicating …
