The shares of this smallcap company, specializing in the development of highways and other transportation infrastructure projects, came into focus after a bulk deal involving Axis Bank. Stock Performance With a market capitalization of Rs 25,847.27 crore, National Highways Infra Trust fell nearly 1 percent in Thursday’s trading session and made an intraday low of [...]
The shares of this leading technology services and consulting company turned green on Thursday after the company announced securing a $650 million deal with Phoenix Group. Stock Performance With a market capitalization of Rs 2.8 lakh crore, Wipro Ltd rose 2 percent in Thursday’s trading session and made an intraday high of Rs 273.60 per share [...]
The shares of a Microcap Jewellery company that is in the business of manufacturing and trading of Gold Ornaments and articles of various designs are in focus after the company secured an order from various Jewellery players, including Senco Gold, Kalyan Jewellers India Ltd and others. Price Action The shares of Ashapuri Gold Ornament Ltd, [...]
During Thursday's trading session, the price of a Gas distribution company jumped upto 10 percent after successfully signing a 5-year long-term contract with Shell Energy India Private Limited for the supply of Regasified Liquefied Natural Gas (RLNG). Price movement With a market capitalization of Rs.1,091.57 crores, at 10 p.m., the shares of IRM Energy Limited [...]
The shares of Auto Ancillaries Company, specializing in engaged in the manufacturing and assembling of automotive components for the automotive industry in India, jumped 2 percent upon signing the agreement to acquire Sundaram-Clayton's Aluminum Die Casting Business for Rs. 163 crores. Price Action With a market capitalization of Rs. 2,320.35 crores on Thursday, the shares [...]
This small-cap stock engaged in infrastructure development, specializing in transportation, water and wastewater management, tunneling, and urban solutions, jumped 2 percent after receiving an order worth Rs. 79 crore from Vadodara Municipal Corporation (VMC) for the rehabilitation of a 1,800 mm drainage line in Vadodara, Gujarat. Stock Price Movement With a market capitalization of Rs. [...]
The Indian stock market has been highly volatile over the past six months, with Nifty 50 declining nearly 14 percent from its peak in September 2024, wiping out over USD 1 trillion in market capitalization. Amid this turbulence, mutual funds have been actively reshuffling their portfolios, both accumulating and trimming positions where necessary. Here’s a [...]
Nifty 50 dipped close to 10 percent in the last six months. All sectors were impacted by the bloodbath. JM Financials' analyst Rahul Sharma believes that Public Sector Enterprise (PSE) stocks could have seen their lowest level, so the current market correction is a buying opportunity. Listed below are the 4 PSU stocks on which [...]
A golden crossover is used in the technical analysis of financial markets to describe a bullish move that occurs when a shorter-term moving average crosses above a longer-term moving average. The most common moving averages used are the 50-day moving average (short-term) and the 200-day moving average (long-term). This crossover is considered a positive signal, [...]
The Nifty 50 is a stock market index comprising 50 of the largest publicly traded companies listed on the National Stock Exchange of India. It represents a broad cross-section of the Indian economy and is widely used as a benchmark for Indian market performance. The upcoming restructure of the NSE index will see Zomato and [...]
