Before the elections, the BJP manifesto emphasized broad-based development through government initiatives with significant socio-economic impacts. Key priorities included infrastructure development, making India a global manufacturing hub, and focusing on capital expenditure (Capex). The BJP aimed to strengthen digital and physical infrastructure, empower MSMEs, and provide piped natural gas connections to major cities and towns. [...]
Share price of India’s largest crude oil and natural gas company surged nearly 2.02 percent on NSE to Rs. 279.1 in the morning trading session of Wednesday, after the global brokerage firm Jefferies retained its ‘buy’ call on the stock with a potential upside of nearly 41 percent. At 09:33 a.m., the shares of Oil [...]
On June 4, 2024, during the Lok Sabha Election results day, the Indian Benchmark indices slumped by upto 9 percent and closed 6 percent down in the day’s trade, followed by speculations that the I.N.D.I.A may gain majority or the N.D.A alliance didn't achieve the targeted seats even though they won the elections by majority. [...]
The shares of the leading public financial institutions gained 16 percent in two trading sessions after the cabinet approved government support for the construction of 3 crore additional rural and urban hoses under Pradhan Mantri Awas Yojana (PMAY). With a market capitalization of Rs 56,573.69 crore, the shares of Housing & Urban Development Corporation Ltd [...]
Share price of a blue-chip Government of India Navratna Enterprise under the Ministry of Housing and Urban Affairs surged 11.6 percent to hit an intraday high at Rs. 159.5, after the company received work orders for a total of Rs. 878.17 crore from different clients including Oil India Limited. At 03:03 p.m., the shares of [...]
The share price of this steel firm gained 8 percent to an intraday high of Rs 1,280.00 per share on Tuesday after the company received 3 work orders worth Rs 23.7 crores from wagon manufacturing clients. With a market capitalization of Rs 1,048.36 crores, at 3:00 pm ., the shares of Cosmic CRF Ltd company [...]
Optical Character Recognition (OCR) is a technology that changes the way we manage data entry. This technology converts different types of documents, such as scanned paper documents, and PDF files. It also captures images taken by a digital camera and transforms them into more editable and searchable data. This article will explain OCR and its [...]
The US-based Distributor American Natural Soda Ash Corporation, On June 10, 2024, hiked export prices by US$25.00/MT on all non-contract sales of soda ash, and on contracted sales when contracts allow, effective from July 1, 2024. According to analysts at Emkay Research, prices of soda ash fell by 21 percent in the March quarter of [...]
Ashwini Vaishnaw took oath as a railway minister for the second time in the Modi 3.0 government. This development led investors to anticipate the continuation of growth-oriented policy initiatives in the railway sector under the BJP-led NDA government. Ashwini Vaishnaw took on the role of Railway Minister in July 2021 during the second term of [...]
JM Financial, a domestic brokerage firm, assumed Jio Financial Services and Zomato might join the nifty if added to futures and options, and Trend Ltd is also anticipated to be included in the nifty, according to the brokerage. The National Stock Exchange of India (NSE) has numerous significant indices, including the Nifty 50, which measures [...]
Following the reports of employee arrests and searches at different residences and offices by the CBI, the share price of the company engaged in the business of providing infrastructural facilities in India declined by 9.8 percent to Rs. 470.05. At 01:31 p.m., the shares of PNC Infratech Limited were trading in the red at Rs. [...]
Shares of this microcap company surged around 15 percent in Tuesday’s trading session after receiving approval from Hindustan Unilever Limited (HUL) for Unit 3 of the Mahad plant. In three months, the stock has delivered more than 20 percent returns to its shareholders. With a market capitalization of Rs. 183 crores, the shares of Ducol [...]
The shares of the leading Engineering, Procurement, and Construction, firm gained 14.5% to an intraday high of ₹45.62 per share on tuesday after Elara securities gave a strong upside of 42%. On Tuesday, at 11:50 a.m., the company's shares were trading at ₹44.18 a share, up 11.03 percent from the previous close price, the company [...]
Railway stock engaged in providing telecom infrastructure like virtual private networks, Internet leased in line and many more throughout India jumped 9 percent in the day’s trade upon receiving a work order from the Ministry of Defence worth Rs. 11.23 Crores. With a market capitalization of Rs. 13,350 Crores, the shares of Railtel Corporation of [...]
The share price of this leading IT firm gained 2 percent to an Intraday high of Rs 4,893.95 per share on Monday after the company announced a strategic partnership with IIT Hyderabad to drive advancements in ADAS and C2VX communication. With a market capitalization of Rs 50,691 Crores, at 12:57 pm, the shares of L&T Technology Services [...]
The Indian arm of this German multinational technology conglomerate has seen a significant 78% increase in its shares over the past 6 months and has initiated plans to separate its energy business into a distinct entity. On Tuesday, at 1:25 p.m., Siemens Ltd shares were trading at ₹6,930 a share, up 1.00 percent from the [...]
If you want to open a demat account, then terms like a demat account and a trading account may seem a bit intimidating to you. However, in reality, these terms are really simple to understand. Besides, a demat and a trading account are essential to be successful in the share market. But, before we dig [...]
Foreign institutional investors, or FIIs for short, are institutional investors who make investments in assets located outside of their home country. The two companies listed below are those in which Foreign Institutional Investors (FIIs) sold their stake worth a total of nearly Rs. 292.6 crore on the 10th and 11th of June. AVP Infracon Limited [...]
The shares of leading stainless steel manufacturers gained up to 5 percent after the company announced its partnership with leading entities under the DTIS scheme to advance the ‘Make in India’ initiative. PTC Industries Ltd has a market capitalization of Rs 16,751.56 crore, the shares were trading at Rs 11,600.10 per share, increasing around 4.30 [...]
EV stock engaged in the manufacturing of motorcycles, scooters, mopeds, and their engines jumped 18 percent in the day’s trade despite the sale of equity shares of the company by the promoter of the company. With a market capitalization of Rs. 1,860 Crores, the shares of Wardwizard Innovations & Mobility Limited were trading at Rs. [...]
