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Overnight Digest: Top 5 mid and small-cap stocks to watch out for April 30

Overnight Digest: Top 5 mid and small-cap stocks to watch out for April 30

29 April 2024

On Monday, the stock market rebounded from Friday’s losses, driven by gains in financial stocks, with the Nifty Bank index reaching a record high and posting its largest increase in two months. The Sensex surged by 1.28% to close at 74,671.28, while the Nifty rose by 1% to close at 22,643.40. The top gaining sectors …

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

29 April 2024

These three equities gained significantly with price and volume activity during Monday’s trading sessions, indicating potential bullish action. Here’s an in-depth look. IDBI Bank Ltd Today, IDBI Bank witnessed significant trading activity with 31,317,368 shares exchanged. The stock is currently trading at Rs 91.7, having opened at a high of Rs 92.7. This price marks …

Patanjali Faces The Wrath of the Supreme Court: Is The Business In Danger?

Patanjali Faces The Wrath of the Supreme Court: Is The Business In Danger?

29 April 2024

Patanjali, and its founders  Baba Ramdev and Acharya Balkrishna, are being held in contempt by the Supreme Court due to their advertisement of objectionable and misleading advertisements for their ayurvedic products. While experts of the advertising industry acknowledged that some level of exaggeration in advertising claims is typical, this strict action by the Supreme Court …

Shares of IDFC First Bank Drop 5% After Net Profit Falls on Higher Provisions

Shares of IDFC First Bank Drop 5% After Net Profit Falls on Higher Provisions

29 April 2024

IDFC First Bank operates in the banking services sector, offering a wide range of financial products and services to its customers. It was established in 2018, as a result of the merger between the erstwhile IDFC Bank and Capital First.  Recently, Q4 results were announced by the bank and the investors seem to be not …

भारत में ₹ 1 से कम कीमत वाले बेस्ट पेनी स्टॉक्स 2024

भारत में ₹ 1 से कम कीमत वाले बेस्ट पेनी स्टॉक्स 2024

29 April 2024

शेयर मार्केट में निवेश करने का एक अच्छा तरीका है छोटे मूल्य के पेनी स्टॉक्स में निवेश करना। ऐसे स्टॉक्स जो ₹1 से कम कीमत वाले होते हैं, कई बार बड़े मुनाफे का स्रोत बन सकते हैं। 2024 में इस बारे में विचार करते हुए, हमने कुछ बेस्ट पेनी स्टॉक्स की खोज की है जो …

These 3 stocks from BSE 500 jumped over 4% today; do you own any?

These 3 stocks from BSE 500 jumped over 4% today; do you own any?

29 April 2024

The benchmark index S&P BSE 500 opened today at 33,034.96 and made its day high at 33,041.67, and it is trading in green today, up by more than 0.10%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 4% today. Aegis Logistics Ltd …

RBI’s New Guidelines for Small Finance Banks to Become Universal Banks

RBI’s New Guidelines for Small Finance Banks to Become Universal Banks

29 April 2024

The Reserve Bank of India (RBI) has recently introduced a significant shift in its banking regulations that could reshape the landscape for Small Finance Banks (SFBs). These new guidelines allow SFBs to transition into Universal Banks, granting them a wider scope of operations and a more extensive customer base. Let’s break down these new guidelines …

Share Market Pre Open Updates – April 29, 2024

Share Market Pre Open Updates – April 29, 2024

29 April 2024

On April 26, 2024, Nifty 50 and Sensex declined 0.67% and 0.82% to 22,419 and 73,730, respectively. Foreign Institutional Investors (FII) sold securities worth around ₹3,408 crore, while domestic investors bought shares worth ₹4,356 crore.  Top Gainers and Losers On the sectoral front, Nifty Consumer Durables, Nifty Media, Nifty Mid Small Healthcare and Nifty Pharma …

Adani Group in Trouble With SEBI: The Market Regulator Finds Multiple Violations

Adani Group in Trouble With SEBI: The Market Regulator Finds Multiple Violations

23 April 2024

The WatchDog of the Indian Stock Market, Securities and Exchange Board of India(SEBI) has found a Dozen offshore investors that had their funds invested in the Adani Group Companies violated disclosure rules and adding to this were also in breach of the investment limits as reported. What are Offshore Investments Offshore investment is the type …

Patanjali Expands Footprint with New Subsidiaries Focused on Empowering Farmers

Patanjali Expands Footprint with New Subsidiaries Focused on Empowering Farmers

23 April 2024

On April 22, 2024, Patanjali Foods Limited, a leading name in India’s natural and organic food sector, announced a significant expansion. The company established two new wholly-owned subsidiaries: Contemporary Agro Private Limited and Rishikrishi Farming Private Limited. This strategic move signifies Patanjali’s commitment to not only producing high-quality food products but also fostering sustainable farming …

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