Nifty breached the consolidating range of the last 2 days and traded lower, almost filling the recent gap. Currently, it is trading around the day’s low which also has a psychological and derivative support level of 18,500. In these weak sentiments defensive sector, Nifty IT showed decent strength in which stocks like Infosys, Tech Mahindra, …
The domestic market witnessed mixed reactions on Wednesday amid uncertain global cues and corporate earnings seasons. Good corporate results continue to impress investors on D-street as strong buying interest is seen in such stocks. Meanwhile, one stock that has exceeded investors’ expectations is Tega Industries. Shares of Tega Industries (NSE Code – TEGA) surged 10% …
Nvidia Corporation has achieved a remarkable milestone by surpassing USD 1 trillion in market capitalisation, becoming the first chipmaker from the United States to enter the esteemed trillion-dollar club. This accomplishment stands as a significant landmark for the company. Nvidia experienced a positive surge in its stock prices with a 2.99% jump, reaching USD 401.11. …
Shareholders, also known as stockholders or equity holders, are individuals, entities, or institutions that own shares or stocks in a company. When you own shares in a company, you become a partial owner or shareholder of that company. Being a shareholder comes with certain rights and responsibilities. Along with sharing in the overall financial success, …
Sunday marked a momentous day in the history of India as Prime Minister Narendra Modi inaugurated the country’s new Parliament building. This iconic structure is not just a physical edifice; it represents the aspirations of 1.4 billion Indians and serves as a vehicle to propel India towards its goal of becoming a developed nation in …
On Tuesday, Apollo Hospital Enterprise Ltd reported robust returns in Q4FY23. The company’s net profit increased by 51.17% on a consolidated basis to Rs 142.07 crore in Q4FY23 compared to Rs 93.98 crore in the same quarter last year and decreased by 22.73% sequentially. The net sales of the company increased by 21.31% to Rs …
The core of an economy in each nation is thought to be its financial system. According to SEBI’s mission, NISM develops NISM certification. Without that country’s capital market, the economy would struggle to survive, whether that country is emerging, like India, or developed, like the United States of America. As a result, the stock market …
Rail Vikas Nigam Ltd was one of the trending stocks on the BSE today, as the shares of the company, which had been in the spotlight for their outstanding uptrend, was surprisingly locked at 5% lower circuits. After the company reported the quarter results, which fell short of expectations, shares came under heavy selling pressure. …
Nifty Auto rallied around 20% in the last 2 months from the lows of March 2023 and entered the blue-sky territory. Auto sector stocks outperformed the benchmark index and one stock from the same sector is now ready to register the multiyear breakout and continuation pattern at the same time. The stock is Tata Motors …
On 29 May 2023, NHPC reported results for the fourth quarter (Q4) and the year ended March 31, 2023. The board of the company also recommended a final dividend of Rs 4.50 per equity share with a face value of Rs 10. On a consolidated basis, the company has reported a 39.40% rise in its …
