Investors' wealth eroded by more than Rs 2.21 lakh crore in early trade on Wednesday, with the market witnessing a selling-off amid prospects of aggressive rate hikes by the US Federal Reserve to tackle high inflation, and sluggish global trends. In less than hour of the start of trading on Wednesday, the key indices -- [...]
Pondy Oxides & Chemicals Ltd. (POCL) is a small-cap company that is in the news these days. It operates in the chemical industry and is going to trade ex-dividend this week and ex-bonus this month. Ace investor Dolly Khanna holds a stake in this multibagger stock. The shares of the company shot up by 38.43% [...]
Domestic equity market benchmarks BSE Sensex and NSE Nifty 50 extended their winning streak to the fourth consecutive day on Tuesday. The BSE Sensex jumped 456 points or 0.8 per cent to end at 60571, while NSE Nifty 50 crossed the 18,000 mark after 4 months and ended at 18070. With the bullish sentiment in [...]
Union Chemicals and Fertilisers Minister Mansukh Mandaviya on Tuesday said there is no shortage of crop nutrients in the country and asserted that there will be no hike in the prices of non-urea products. The minister also said that Nutrient Based Policy (NBS) for Phosphatic and Potassic (P&K) fertilisers for the Rabi season (October 2022 [...]
A debt is any financial obligation that the company has to repay within a specified time period. For extending the capital, the creditor generally charges an additional sum of money which is known as interest. The debt is seen as a risk factor as the non-payment can also lead to bankruptcy of the company. Therefore, [...]
The shares of Tata Investment Corporation Limited opened at Rs 1,978 on Tuesday and gained more than 5.5 per cent to reach its All time high of Rs 2,096.50. The stock has been on an uptrend and has gained more than 15 per cent in the last five trading sessions. In the span of a [...]
Shares of Coal India rose nearly 2 per cent in the morning trade on Tuesday as the government is set to auction 10 coal blocks under commercial coal mining this week. Shares of Coal India opened at Rs 233, then gained 1.64 per cent to Rs 235.30 apiece on BSE. On NSE, the scrip opened [...]
Indian conglomerate Vedanta and electronics manufacturing giant Foxconn signed a Memorandum of Understanding with the Gujarat government on Tuesday to set up a semiconductor and display FAB manufacturing unit in the state. The MoU was signed in the presence of Minister for Railways, Communications, Electronics & Information Technology, Ashwini Vaishnaw, at a function held in [...]
UK-based investment company Abrdn is planning to sell up to 4.3 crore sales representing 2 per cent of HDFC Life Insurance Company's outstanding shares through a block deal to raise over Rs 2,425 crore, according to merchant banking sources. The Edinburgh-based company, which was formerly known as Standard Life Aberdeen, has offered the shares in [...]
On Monday, the BSE Sensex ended the day 312.26 points higher or 0.52 per cent at 60,105.40. While the broader Nifty50 added 97.50 points or 0.55 per cent to close at 17,930.80. Amid the rising markets, here are some stocks that are recommended by analysts for an upside of up to 65%: Balaji Amines Limited [...]
