by Trade Brains | Sep 25, 2022 | 7:12 pm | Editor's Pick, News
On Friday, the Sensex shed 1.73 per cent or 1020.80 points and closed at 58098.92 points. Similarly, the NSE Nifty 50 lost 1.72 per cent or 302.45 points and settled at 17,327.35 points. Stocks fell globally as central banks around the world hiked interest rates to fight inflation. Amid volatility, here are some stocks recommended [...] 
by Trade Brains | Sep 25, 2022 | 4:30 pm | News, Trending News
The BSE Sensex and the NSE Nifty 50 ticked half a percent lower and the markets had a muted start. Nervousness persisted among investors amid recession warnings from the IMF and the World Bank and the UD Fed’s decision on interest rate hikes due during the week. The thirty-share Index opened at 58,747.31 points, while [...] 
by Trade Brains | Sep 24, 2022 | 6:05 pm | Editor's Pick, News
Microcap companies have a market capitalization of less than 500 crores. These companies are less popular among conservative investors as they have high risks associated with them. However, it must also be noted that the return by investing in these companies can be huge: Here are four microcap multibagger stocks that were locked in an [...] 
by Trade Brains | Sep 24, 2022 | 11:30 am | News, Trending News
REC Ltd, a power sector focussed NBFC that comes under the aegis of the Power Ministry, has been accorded the status of ‘Maharatna’ central public sector enterprise (CPSE). With this, it will achieve greater operational and financial autonomy. The company’s shares are trading at ₹ 101.40 levels in a weak market. The Maharatna status will [...] 
by PTI News | Sep 23, 2022 | 4:39 pm | Foreign Exchange and Rupee Price, News
The rupee slumped 19 paise to close at a fresh lifetime low of 80.98 against the US dollar on Friday, weighed down by the strong American currency overseas and risk-off sentiment among investors. At the interbank foreign exchange market, the local currency breached the 81-mark for the first time ever and slumped to 81.23 against [...] 
by Trade Brains | Sep 23, 2022 | 4:35 pm | News, Trending News
The shares of Life Insurance Corporation of India (LIC) declined more than 26% after their market debut on May 17, 2022, and reached an all-time low of ₹ 645.00 apiece on Friday’s intraday trade. The state-owned insurance company’s shares are trading 32.03% below their issue price of ₹ 949 per share. LIC, India’s biggest life [...] 
by PTI News | Sep 23, 2022 | 4:20 pm | News, Trending News
Equity indices fell sharply by nearly 2 per cent each, extending their decline for the third day running on Friday, amid an overall bearish trend in global markets. The 30-share BSE Sensex tanked 1,020.80 points or 1.73 per cent to settle at 58,098.92. During the day, it tumbled 1,137.77 points or 1.92 per cent to [...] 
by Trade Brains | Sep 23, 2022 | 3:03 pm | Analysis, News
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 [...] 
by Trade Brains | Sep 23, 2022 | 2:52 pm | News, Trending News
Eriska Investment Fund, a Mauritius-based foreign investment firm has bought a stake in Filatex Fashions Ltd, a small cap company listed on the Bombay Stock Exchange (BSE). As per the bulk deal details available on BSE’s website, the foreign institutional investor (FII) bought 7 lakh shares of the company at a price of ₹ 9.17 [...] 
by Trade Brains | Sep 23, 2022 | 1:55 pm | Analysis, News
The shares of Mahindra and Mahindra (M&M) Financial Services Limited suffered deep cuts on Friday’s intraday trade after the Reserve Bank of India directed the company to immediately cease any recovery or repossession activities via an outsource till further orders. The shares reached a low of ₹ 192.05 apiece on Friday, after closing at 223.70 [...] 
