In a strategic move that signals both a retreat and a consolidation of its India operations, Disney has announced a groundbreaking $8.5 billion merger with Reliance Industries, led by billionaire Mukesh Ambani. This deal will create one of the world’s largest media ventures, merging Disney’s Star India with Reliance-controlled Viacom18. A Transformative Merger The merger …
Few micro and small-cap companies emerged as outperformers in the third quarter of the financial year 2024 (Q3FY24), showcasing robust performance amidst the broader market environment. These companies, despite their smaller size, have demonstrated resilience and the potential for significant growth, attracting the attention of investors seeking promising opportunities. Company Name Currently trading at (Rs) …
The benchmark index S&P BSE 500 opened today at 31,691.08 and made its day high at 31,691.69, and it is trading in red today, down by more than 0.15% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 4% today. Sona BLW Precision …
Suzlon, a leading Indian renewable energy solutions provider, has secured a new 30 MW wind power project order from EDF Renewables. This project, located in Gujarat, will utilize 10 wind turbine generators (WTGs) from Suzlon’s 3 MW series, each with a capacity of 3 MW and a Hybrid Lattice Tubular (HLT) tower. This win marks …
Despite a positive start to the trading session, the Indian frontline indices experienced a notable downturn, relinquishing their initial gains. IT, power, utilities, and capital goods sectors bore the brunt of this sharper decline, while the energy, auto and metals sectors were relatively less affected by the market movement. At 10:25 am, the BSE Sensex …
On Thursday, the benchmark indices were trading in the green with the Sensex up around 230 points or 0.31% at 72,525 while the Nifty-50 was up around 50 points or 0.22% at 22,000. About 1,435 shares have advanced, 1,657 declined and 116 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
Shriram Finance Enters Nifty 50, UPL Exits Effective March 28, Shriram Finance will replace UPL Ltd in the Nifty 50 index. This decision follows UPL’s removal from the Nifty 50 due to its exclusion from the Nifty 100 index, the parent index for Nifty 50. Shriram Finance‘s inclusion is based on having the highest six-month …
During Wednesday’s deals, the shares of Airtel zoomed 0.12%. The company’s current market capitalisation is Rs 6,66,277 crore. Recent development: The company has teamed up with IDEMIA Secure Transactions to announce a significant shift from using virgin plastic to recycled PVC for SIM cards. This move reflects Airtel’s dedication to promoting circular business practices. IDEMIA …
On Wednesday, the market saw a significant decline, with both the Sensex and Nifty closing lower by over 1%. Sensex ended at 72,304.89, down 1.08%, while Nifty closed at 21,951.15, down 1.11%. Most of the Nifty stocks, 46 out of 50, ended in the red, with some stocks falling by up to 4%. BSE-listed companies …
These three equities gained significantly during Wednesday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Vaswani Industries Ltd Today, Vaswani Industries demonstrated significant strength in its movement, bouncing back from its 20-day Exponential Moving Average (EMA). Moreover, it broke out to a new 52-week high, indicating bullish momentum. The Relative Strength Index (RSI) …
