Indian markets declined marginally on Monday, tracking weak global cues. The Sensex was trading at 57100 levels, while the Nifty 50 was at 17000 levels. The Reserve Bank of India hiked key interest rates by 50 bps, as expected by most analysts, in order to fight inflation amid global recession fears. Global financial major CLSA [...]
The changes in the New NIFTY 50 have come into effect from today i.e, September 30th, 2022. Adani enterprises is set to replace the former smallest constituent of the index- Shree cement. According to a report published by Edelweiss Securities Limited, Adani enterprises’ inclusion in the index will weigh 1.29% of the total index. The [...]
The shares of Bharti Airtel Limited were trading in green at Rs 768 levels till 111.30 am on Friday. Last week the stock rallied and reached its all-time high of Rs 797. So far this year, the stock has been volatile and gained approximately 11 percent YTD. Prime Minister Narendra Modi is officially going to [...]
The shares of Genesys International Corporation Limited opened 4 per cent higher at Rs 546 as against its previous close of Rs 520. In the span of a month, the stock has shed approximately 11 per cent. However, on a YTD basis, the stock has delivered 86 per cent returns. A year ago the shares [...]
The Nifty IT index advanced in a weak market on Wednesday and was up 1.09 per cent at 27162.00 points. Meanwhile, the Nifty 50 was down 0.079 per cent. Most IT shares were trading in the green. MPhasis (up 1.83 per cent), L&T Technology Services (up1.61 per cent), Tata Consultancy Services (up 0.77 per cent), [...]
The shares of Metro Brands Ltd reached an all-time high of ₹ 948.85 apiece on Tuesday’s intraday trades, on the back of a strong business outlook. The stock surpassed its previous high of ₹ 935, touched on September 23, 2022. This stock forms a part of ace investor Rakesh Jhunjhunwala’s portfolio. As per the latest [...]
The markets have been volatile this year with negative cues emanating from the Russia-Ukraine war and the economic slowdown after Covid-19 lockdowns. Globally, central banks have been hiking interest rates in consecutive meetings and this has roiled the markets. The Nifty 50 is a benchmark index that represents the weighted average of 50 of the [...]
The shares of Suzlon Energy Ltd tanked 6.04% and were trading at ₹ 8.50 apiece at 11:54 AM on Monday. This happened after the company’s board approved a rights issue at its meeting on Sunday. In addition, the company has allotted equity shares on the conversion of its bonds. Suzlon energy is a small cap [...]
The stock market is subject to high volatility. This is evident with the ongoing correction as the NIFTY 50 has declined by 185.40 points or 1.07% at 17,146 while the BSE Sensex has lost 501.15 points or 0.86% to be at 57,588 till the afternoon on Monday. As fluctuation is inherent to the markets, there [...]
The shares of Supreme Holdings & Hospitality Limited were trading at Rs 150 levels in the early hours on Friday. In yesterday’s session, the stock reached its new 52-week high of Rs 159.95. In the past five days, the stock has zoomed by approximately 10 per cent. In January 2022, the stock was trading at [...]
