Markets Play the ‘Dire Straits’ Tune
Markets Play the ‘Dire Straits’ Tune
Penny stock at Rs 25.22 up 90 per cent from its 52-week low; Company bags new order worth Rs 18,90,590.35 from Tata Memorial Centre ACTREC
Penny stock at Rs 25.22 up 90 per cent from its 52-week low; Company bags new order worth Rs 18,90,590.35 from Tata Memorial Centre ACTREC
The stock gave 90 per cent returns from its 52-week low of Rs 13.26 per share.
The shares of the company saw a spurt in volume by more than 1.50 times on BSE.
Price Volume breakout stocks: These stocks likely to be in focus Tomorrow!
Top 3 price-volume breakout stocks
Market volatility, as indicated by India VIX, has surged by 2.08 per cent, reflecting an increase in market volatility.
Interview with Jigar Mehta, Managing Director, Onward Technologies
The integration of generative AI into our digital services portfolio adds significant value to our clients and contributes to our overall competitiveness in the market, states Jigar Mehta, Managing Director, Onward Technologies.
The Onward Tech team is strategically aligned to deliver digital
and engineering services to Automotive, Rail, Industrial
Equipment, Heavy Machinery, and Healthcare Original
Equipment Manufacturers (OEMs) from North America and
Europe
NSE to launch derivatives on Nifty Next 50 Index (NIFTYNXT50) from April 24, 2024
NSE to launch derivatives on Nifty Next 50 Index (NIFTYNXT50) from April 24, 2024
The introduction of derivatives on the Nifty Next 50 index (NIFTYNXT50) will well complement the existing index derivatives product suite.
The Nifty Next 50 index has a 71 per cent correlation and a Beta value of 0.95 with the Nifty 50 Index. It has a correlation of 90 per cent with Nifty Midcap 150 index in financial year 2024.
FIIs bought 1,71,000 shares: This drone company signs agreement with CBAI Technologies Pvt Ltd to purchase 200 type certified training drones!
The agreement entails the procurement of 200 type certified training drones over a span of 3 years.
As of March 2024, FIIs bought 1,71,000 shares and increased their stake to 2.02 per cent compared to 1.31 per cent in September 2023.
"Corporate India is witnessing a consensus earning upgrade cycle"
Despite reservations about the ‘froth’ building up in the mutual fund industry, Sorbh Gupta, Senior Fund Manager (Equities) Bajaj Finserv Asset Management, believes that the time is right for investors, especially those taking their first plunge, to park their funds in flexi-cap funds to take advantage of the positive trends
Interview with Sorbh Gupta, Senior Fund Manager (Equities), Bajaj Finserv Asset Management.
Shares below Rs 100: Only buyers were seen in these stocks on April 18
BSE-listed companies' market capitalisation is approximately - Rs 394 lakh crore or USD 4.72 trillion as of April 18, 2024.
The broader markets were in mixed territory, with the BSE Mid-cap Index down 0.39 per cent and the BSE Small-cap Index up 0.06 per cent.
Market Wrap: Benchmark indices close lower with Nifty FMCG among the top losers.
On Thursday, Benchmark indices concluded the trading day on a negative note as Sensex substantially declined by 0.62 per cent and closed at 72,488.99 level, while Nifty also plunged by 0.69 per cent and closed at 21,995.85 level.
On April 16, 2024, foreign institutional investors (FII) offloaded shares worth Rs 4,468.09 crore, while domestic institutional investors (DII) bought shares worth Rs 2,040.38 crore.
Middle East Tension Disrupt Global Equities
Global Market Watch
The primary catalyst for the market's decline was the release of the much-anticipated Consumer Price Index (CPI) data.
Gold and Oil Stay Solid Amid Escalating Geopolitical Issue
Commodity Market Watch
Oil prices continued their upward trajectory in the past fortnight, reaching their highest levels since October 2021.
Hindustan Unilever Limited
STABILITY ROCKED BY COMPETITION
The FMCG sector in India has experienced significant growth
driven by consumer demand and higher product prices,
particularly for essential items.