Stocks/Share Market - Angel One

Shares of PTC Industries Limited witnessed a significant surge today. The stock commenced trading at Rs 4671.80, marking a 2.6% increase compared to the previous day’s closing price of Rs 4551. Throughout the intraday session, the stock exhibited a remarkable 10% surge accompanied by significant trading volume. Upon scrutinising today’s share volumes, it becomes apparent …

The benchmark index S&P BSE 500 opened today at 26,915.04 and made its day high at 26,916.95 and it is trading in red, down by around 0.30%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 6% today. Shares of Hindustan Copper Limited …

Global Health (MEDANTA), India’s leading private multi-specialty tertiary care provider and DLF Group (DLF), India’s leading real estate developer have entered into an understanding for forming a company to launch around 400-bed multi-super specialty hospital to provide the highest quality of healthcare in the heart of Delhi in Greater Kailash -I. Both Medanta and DLF …

In India’s economy, banks hold a pivotal position as the wheels that drive economic growth and financial stability. With a history dating back centuries and a modern landscape characterized by technological innovation and diversification, Indian banks play a critical role in shaping the nation’s financial infrastructure. In this article, we will be comparing the GNPA …

SJVN Green Energy Ltd (SGEL), a fully owned subsidiary of SJVN, signed two memorandums of understanding (MoUs) on August 9, 2023, one with ONGC and the other with Sambhar Salts, a division of Hindustan Salts.  The agreement with ONGC will open the door for joint development of renewable energy projects, including offshore and onshore solar, …

Today, the demerged entity of Mirza International, Redtape Limited, made its market debut. The shares of Redtape debuted on the BSE at Rs 475 each, reaching an intraday high of Rs 498.  The current market capitalisation of the company stands at Rs 6302 crore. As of now, while composing this article, they are being traded …

The trading session concluded with the Sensex and Nifty both recording losses of 0.47% and 0.46%, respectively. Meanwhile, the Nifty Midcap experienced a slight decrease of 0.08%, while the Nifty Smallcap saw a more significant drop of 0.47%.  Among sectors, Nifty Media, Nifty Metal, and Nifty Energy emerged as the top gainers, displaying strong momentum. …

Indian frontline indices were trading down after the RBI chose not to modify repo rates, however, the CPI inflation prediction for FY24 was lifted from 5.1% to 5.4%. Telecommunications, fast-moving consumer goods, and banking sectors performed the worst today, while power and utilities were the only gaining sectors.  Schneider Electric Infrastructure, a heavy electrical equipment …

The National Company Law Tribunal (NCLT) has approved the proposed merger of Zee Entertainment Enterprises Ltd with Sony India. Initially reserving its verdict on the merger between Zee Entertainment Enterprises and Culver Max Entertainment (previously known as Sony Pictures Networks India) on July 10,  The NCLT’s approval led to a 15% jump in the company’s …

The Sensex concluded the day with a decline of 0.41%, while the Nifty ended lower by 0.6%. The Nifty Midcap and Nifty Smallcap indices experienced declines of 1.14% and 1.21%, respectively. In terms of sector performance, Nifty Pharma ended on a positive note, whereas Nifty Metal, Nifty Media, and Nifty PSU Bank emerged as the …