Share Market - Angel One - Page 356

The Indian stock market is on a roll, continuing its upward momentum from Monday. As of Tuesday, the Sensex is approaching a significant milestone, trading close to the 75,000 mark, while the Nifty has already crossed 22,700. This surge in the major indices reflects growing investor confidence, with buoyancy spilling over into the broader markets. …

On Tuesday, the benchmark indices were trading in the green with the Sensex up around 200 points or 0.28% at 74,880, while the Nifty-50 was up around 74 points or 0.33% at 22,717. About 2,000 shares have advanced; 935 declined and 110 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

On April 29, 2024, Nifty 50 and Sensex rose 1.00% and 1.28% to 22,643 and 74,671, respectively. Foreign Institutional Investors (FII) bought securities worth around ₹692 crore, while domestic investors bought shares worth ₹169 crore.  Top Gainers and Losers On the sectoral front, Nifty PSU Bank, Nifty Bank, Nifty Private Bank, and Nifty Financial Services …

In India, technology companies are often known for regularly paying dividends to their shareholders. Companies pay dividends as a way to distribute a portion of their profits to shareholders, serving as a reward for their investment and a means of attracting and retaining investors. Additionally, these dividend payments can signal the company’s financial health and …

ICICI Securities Ltd, a subsidiary of ICICI Bank operates in the broking business (both retail and institutional), distributes financial products and offers banking services alongside advisory services. There have been reports of its delisting from the stock exchange and merger with ICICI Bank, its parent company. Lawsuit against ICICI Securities   Just weeks after gaining shareholder …

Benchmark indexes had a good trading day on Thursday, with the Sensex closing at 74,611.11 after a modest 0.17 percent increase and the Nifty closing at 22,648.20 after a 0.19 percent gain. In a similar vein, the Broader market saw modest increases as Nifty Mid-cap ended the day up 0.44 percent and Nifty Small-cap saw …

Yes Bank is engaged in offering a range of financial products and services, including digital solutions. Its investment banking, merchant banking, and brokerage operations are managed by its subsidiary, YES Securities. The bank has strengthened its financial position this quarter, although its profitability is still hindered by an inefficient RIDF.  Key Financial Points  Yes Bank …

Affle (India) and APL Apollo Tubes are identified as upside potential stocks based on technical analysis. Both stocks have displayed promising structures and technical setups, including price volume contraction, the potential to bounce back and breakout. Currently trading at Rs 1579.05 and Rs 1126.35 respectively, their price aligns with positive signals from technical indicators like …

On April 29, 2024, Bharti Airtel informed in an exchange filing that the company had deployed additional sites in the Murshidabad district to densify its network. The company stated that the Murshidabad district network enhancement project was undertaken across 2,373 villages covering 64.19 lakh rural population. Customers in the tehsils of Domkal, Berhampore, Lalgola, Nabagram, …

Veranda Learning Solutions Ltd, a prominent listed company specialising in comprehensive educational solutions, recently announced a strategic move to bolster its financial foundation. On April 26, 2024, the company allotted 20 lakh new equity shares to its promoters upon the conversion of previously issued warrants. Key Details of the Warrant Conversion: Number of Warrants Converted: …