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These 3 stocks from BSE 500 jumped over 5% today; do you own any?

7 March 2024

The benchmark index S&P BSE 500 opened today at 32,305.42 and made its day high at 32,346.52, and it is trading in green today, up by more than 0.30% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. IIFL Finance Ltd …

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Share Market Pre Open Updates – March 07, 2024

7 March 2024

On March 6, 2024, the Nifty 50 rose by 0.53%, reaching 22,474, while the Sensex increased by 0.55%, closing at 74,085. Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) were seen in buying activity of about ₹2,766 crore and ₹2,149 crore worth of investments, respectively. Top Gainers and Losers On March 6, 2024, Nifty …

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State Bank of India Partners with Aurionpro for Next-Gen Cash Management Solution

12 March 2024

State Bank of India (SBI), the country’s largest commercial bank, has made a significant move in enhancing its digital infrastructure. In a recent development, SBI has selected Aurionpro’s iCashpro+ platform, marking a transformative step towards modernizing its cash management and transaction banking operations. This partnership underscores SBI’s commitment to staying ahead in the rapidly evolving …

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Navigating Election Tides: OMCs’ Profit Landscape Amidst Stock Market Volatility

12 March 2024

As India gears up for elections, a familiar question that arises is what will happen to the important Oil Marketing Companies (OMCs)? It is well-known that these companies play the utmost role in the nation’s transportation sector. During elections, OMCs are one of the most discussed topics. Since October 2023, the share price of these …

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Tyre Stocks in Focus: Government Extends Countervailing Duty (CVD)

12 March 2024

On March 12, 2024, tyre stocks such as Apollo Tyres Ltd, MRF Ltd, and JK Tyres Ltd will be in focus as the Government of India extended countervailing duty (CVD) on new, unused pneumatic radial tyres originating in China. This applies to tyres with a rim diameter exceeding 16 inches used on buses and trucks. …

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Airtel To Bid Higher in the Upcoming 5G Spectrum Auction

12 March 2024

The Indian telecom landscape is gearing up for another round of 5G spectrum auctions scheduled on May 20, 2024, and industry experts anticipate Bharti Airtel will be the biggest spender with purchases worth $0.5-1.5 billion, with limited participation by Vodafone Idea, which has spectrum renewals in just two circles, and Reliance Jio, which may look …

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Upper Circuit Stocks Today – 12 March, 2024

12 March 2024

On Tuesday, the benchmark indices were trading in the green with the Sensex down around 400 points or 0.50% at 73,873, while the Nifty-50 was up around 73 points or 0.37% at 22,417. About 887 shares have advanced; 2,275 declined; and 86 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

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CK Birla Group’s Strategic Move: HIL Ltd Acquires Topline for ₹265 Crore

12 March 2024

On Monday, March 11, 2024, CK Birla Group firm HIL Ltd informed that it had acquired a well-known pipes and fittings brand, Topline. Details of the Acquisition HIL Ltd, which is involved in manufacturing and selling fibre cement roofing, has signed an agreement with Crestia Polytech to acquire Topline at an enterprise value of ₹265 …

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Driving Economic Resilience: Coal PSUs’ Achieved CAPEX and Asset Monetisation Target

11 March 2024

Under the administrative direction of the Ministry of Coal (MoC), coal PSUs have led the way in investing capital expenditures (CAPEX) to support and contribute to the transformation of the Indian economy. Coal CPSE has been exceeding the CAPEX target for the last few years. Coal PSUs had met their goal in FY 2021–22 with …

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Overnight Digest: Top 5 mid and small-cap stocks to watch out for March 12

11 March 2024

On Monday, the market started strong but couldn’t maintain its record high, ending the day on a low note. The Sensex, a key stock market index, closed down by 0.83% at 73,502.64, while the Nifty, another important index, also fell by 0.72% to 22,332.65 Some stocks like Apollo Hospitals, Nestle India, and SBI Life saw …

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