Life Insurance Corporation of India is a prominent and the largest insurance company in India commanding a remarkable market share exceeding 66.2% in terms of new business premiums. The company offers a diverse range of insurance offerings, encompassing participating and non-participating products, including unit-linked insurance, savings insurance, term insurance, health insurance, as well as annuity …
Shree Renuka Sugars Limited, a prominent player in the sugar industry has recently made a significant move to boost its presence in the sugar market by acquiring Anamika Sugar Mills Private Limited. This strategic acquisition, comprising 100% of Anamika’s equity shares, aligns with Shree Renuka Sugars Limited’s expansion plans and marks a significant milestone in …
Housing and Urban Development Corporation, popularly known as HUDCO Limited primarily engages in financing housing and urban development activities in the country. It witnessed a significant surge in its stock prices today. The stock opened trading at Rs 83.57, which was almost flat compared to the previous day’s closing price of Rs 83.58 per share …
The benchmark index S&P BSE 500 opened today at 27,397.34 and made its day high at 27,495.51 and it has closed in green, up by 0.38%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 6% …
According to Suzlon’s notification to the markets, Dilip Shanghvi and Associates opted to terminate the modified and restated shareholders’ agreement agreed in February 2020 on Tuesday evening. Hiten Timbadia, the investment group’s nominee director on Suzlon’s board, resigned on September 26. However, the wind turbine maker has stated that the termination will not affect the …
Indian benchmark indices experienced a decline in the initial trades of the trading session, primarily due to notable declines in the banking, financial services, and oil & gas sectors. However, the indices managed to recover from their initial losses and traded flat, thanks to the resilience exhibited by healthcare, telecommunications, and IT stocks. The broader …
On Wednesday, the benchmark indices were trading lower with the Sensex down around 273 points or 0.40% at 65,673 and the Nifty-50 down around 73 points or 0.37% at 19,592. About 1,658 shares have advanced, 1,647 declined, and 185 are unchanged on the BSE. Top gainers and losers on the BSE Sensex Index are as …
Nifty 50 Nifty has formed a Doji candlestick pattern on the daily chart, indicating indecisiveness among bulls and bears about the future market trend. After opening flat at 19678, Nifty traded in the range of 19734 to 19601 levels during the session and finally settled at 19674, up 0.20 points. Nifty closed higher for the …
Nifty View: On Tuesday, Nifty traded within the range of the previous session, forming an inside bar. It remained sandwiched between the 20 DMA and 50 DMA, with limited price action, spanning only 62 points. This range-bound behavior occurred just before the monthly derivative expiry, suggesting trader reluctance to open fresh positions, evident from the …
The Nifty PSU Bank index is currently trading at the level of 5190, just 186 points below its all-time high of 5375.85, reached in November 2010. Afterwards, the index entered a 12-year downtrend during which it formed a downward channel. However, in November 2022, it broke out of this channel pattern and four weeks ago, …
