IREDA, the Indian Renewable Energy Development Agency, marked a stellar entry into the National Stock Exchange (NSE) on November 29, 2023, with an opening price of Rs 50. Fast forward to January 19, 2024, and the stock has already soared by an impressive 171%. Today, IREDA not only opened at Rs 124.20 but also closed …
India’s economic horizon is currently navigated by the sails of inflation, as Governor Shaktikanta Das asserts that the Reserve Bank of India (RBI) won’t be contemplating any interest rate cuts until inflation comfortably anchors around the 4% mark. Despite moderation in price gains, Das emphasizes the need for concrete evidence of sustained inflation before entertaining …
In today’s trading session, Indian benchmark indices experienced a sharp downturn, reflecting the prevailing weakness in Asian markets. With the exception of the information technology, capital goods, and consumer durable sectors, all other sectoral indices were trading in negative territory. Financial services, banking, and metal stocks, in particular, faced substantial losses. At 10:25 am, the …
In a straightforward and impactful address, Governor Das touched upon key aspects of India’s macroeconomic stability, financial resilience, and transformative journey in the fintech and payments ecosystem. Macroeconomic Stability Amidst Global Uncertainties Governor Das began by highlighting the challenging global macroeconomic environment. Despite uncertainties, India’s economy showcased confidence and optimism. With real GDP growth surpassing …
These three equities gained significantly during Thursday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Vascon Engineers Ltd Vascon Engineers Ltd exhibits a compelling technical setup. The stock has demonstrated a Price Volume Breakout, signifying a strong bullish sentiment. Furthermore, it is currently trading above all key moving averages, reinforcing the positive outlook. …
With price volume support, Shemaroo Entertainment and HBL Power Systems have strong bullish breakout potential. The stock prices have displayed symmetrical triangle and ascending triangle breakout and are presently trading at Rs 189 and Rs 478. The breakout aligns with positive signals from technical indicators such as RSI, ADX, and other key metrics, reinforcing the …
Ujjivan Financial Services is registered with the Reserve Bank of India as an NBFC-MFI under the category of Non-Banking Financial Company Micro Finance Institutions. The company’s stock is one that you should keep on your radar, as a significant name has appeared in the shareholding of the company. Share Performance At the start of the …
Today, the shares of Larsen & Toubro Limited reached a new 52-week high, touching the mark of Rs 3614 a piece on BSE. The company’s current market capitalisation is Rs 4,90,947.42 crore. Recent development Larsen & Toubro’s Buildings & Factories (B&F) Business has secured notable orders in both India and Oman. In India, the Residential …
These three equities gained significantly during Wednesday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. TV18 Broadcast Ltd: TV18 Broadcast Ltd exhibits a compelling technical setup. The stock has demonstrated a Price Volume Breakout, signifying a strong bullish sentiment. Furthermore, it is currently trading above all key moving averages, reinforcing the positive outlook. …
The benchmark index S&P BSE 500 opened today at 30,991.83 and made its day high at 31,159.26 and it is trading in red today, down by more than 0.80% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 6% today. Cochin Shipyard Ltd …
