Stocks/Share Market - Angel One

On June 16, 2023, after the market closure GUFIC Biosciences Ltd has reported in regular filing that it has received approval from National Medical Products Administration (NMPA), China for their product PRILOCAINE (API) which is an amide-type local anaesthetic of fast onset and intermediate duration of action. This approval shall help commercialization of the PRILOCAINE …

TATA Steel has announced a consolidated Capital Expenditure (Capex) of Rs 16,000 Crore for both domestic and global operations for FY24. It has allocated Rs 10,000 Crore for its standalone operations and Rs 2,000 Crore for its subsidiaries in India, as part of its planned expenditure. The Capex of Rs 16,000 Crore is going to …

Pharma sector stocks registered a powerful breakout in which one stock rallied more than 16% in the second half of the week as it registered a strong powerful breakout with never before volumes on weekly charts.  Nifty witnessed a strong bullish up move in last week as it rallied 1.4% and closed near to lifetime …

Shares of Kalyan Jewellers India opened at Rs 119.25 and closed at Rs 131.65 up by 15.18%. Today it touched a fresh 52-week high of Rs 135 and it has a 52-week low of Rs 55.25. So far 35,16,834 shares were traded over the counter at BSE. The company has a market capitalisation of around …

Today, Nifty 50 opened at 18723.30 with a flat opening from its previous day’s closing of 18688.10. During the intraday session it touched a high of 18864.70 which is just 23 points below from its all-time high of 18887.60 and eventually closed at 18826. All the major Indices on NSE were showing bullishness and closed …

Oil and Natural Gas Corporation (ONGC) signed a memorandum of understanding (MoU) with Indian Oil Corporation (IOCL) on June 14, 2023, to explore downstream opportunities in petrochemicals, through greenfield projects and acquisitions.  The agreement aims to explore prospects in utilizing downstream business in ONGC and IOCL (including their subsidiaries) and setting up assets, if feasible. …

On June 16, 2023, Global Index service provider FTSE is to rejig its indices which can lead to a net inflow of nearly around USD 200 million in various stocks. Stocks that are included or excluded from the FTSE index as part of the rejig experience significant changes in trading volumes, investor interest, and potentially …

On Friday, the shares of IndusInd Bank closed at Rs 1313.10, up by 1.24% from its previous closing of Rs 1297.05 on the BSE.  IndusInd Bank has entered into a partnership with Wise, the global technology company specializing in moving and managing money around the world, to offer online inward remittance services to Non-Resident Indians …

The following penny stocks are likely to be in focus on Monday, June 19, 2023:      The Sensex and Nifty both experienced a surge of 0.73% each. Nifty Midcap witnessed a surge of 0.66%, reaching its highest level ever, while Nifty Smallcap surged by 0.98%, reaching its highest point in the past 52 weeks.  Nifty Bank, …

The Indian benchmark indices ended the session sharply higher, boosted by significant gains in HDFC and the Bajaj twins. The BSE Sensex soared 0.74% to 63,384 level at the close. The Nifty 50 index gained 0.74% to a level of 18,826.  Broader indices gained in line with the main indices. Mazagon Dock Shipbuilders Ltd, one …