Top things you must know before the market opens!
Top things you must know before the market opens!

Top things you must know before the market opens!

The GIFT Nifty is signalling a promising opening for Indian Benchmark indices, with a rise of 70 points or 0.32 per cent. Nifty futures are hovering around the 22,159 level.

Siddharth Mane Article rating: 5.0

On May 09, 2024, foreign institutional investors (FII) offloaded shares worth Rs 6,994.86 crore, while domestic institutional investors (DII) bought shares worth Rs 5,642.53 crore.

1:5 Stock split announcement: This multibagger financial service provider has announced stock split along with dividend; Promoters bought 12,82,272 shares!
1:5 Stock split announcement: This multibagger financial service provider has announced stock split along with dividend; Promoters bought 12,82,272 shares!

1:5 Stock split announcement: This multibagger financial service provider has announced stock split along with dividend; Promoters bought 12,82,272 shares!

The company's shares have delivered a multibagger return of over 2,500 per cent in the past five years.

Rakesh Deshmukh Article rating: 3.7

Promoters, FIIs, and DIIs, all three major participants, have increased their stake in the company in the recent quarter.

Two situations when rupee cost averaging doesn't work in the market! Read the complete article before closing your mutual funds!
Two situations when rupee cost averaging doesn't work in the market! Read the complete article before closing your mutual funds!

Two situations when rupee cost averaging doesn't work in the market! Read the complete article before closing your mutual funds!

When prices are low, your fixed SIP investment buys more units or shares, and when prices are high, it buys fewer. This gradual accumulation results in a lower average cost per unit over time, mitigating the impact of market volatility.

Rakesh Deshmukh Article rating: 4.3

By learning when rupee cost averaging does work and when it doesn’t, investors can increase their SIP amount and deploy different strategies to enhance their returns.

Penny Stocks: Stocks likely to be in focus tomorrow!
Penny Stocks: Stocks likely to be in focus tomorrow!

Penny Stocks: Stocks likely to be in focus tomorrow!

The following penny stocks are likely to be in focus on Friday, May 10, 2024.

Vaishnavi Chauhan Article rating: 3.7

With 843 stocks advancing and 2,998 stocks declining, the broader market sentiment remained negative.

Dividend Rs 140 per share: The PAT stood at Rs 943 crore, reflecting a 16 per cent increase over the previous year!
Dividend Rs 140 per share: The PAT stood at Rs 943 crore, reflecting a 16 per cent increase over the previous year!

Dividend Rs 140 per share: The PAT stood at Rs 943 crore, reflecting a 16 per cent increase over the previous year!

The stock has experienced significant buying activity, yielding returns of more than 83 per cent in the last one year.

Vaishnavi Chauhan Article rating: 3.6

The company announced a final dividend of Rs 40 per share, bringing the total dividend for the fiscal year 2023-24 to Rs 140 per share, which includes interim and special dividends.

USD 4 million order: This multibagger agro product company signs MoU with Africa Negoce Industries (ANI); details inside!
USD 4 million order: This multibagger agro product company signs MoU with Africa Negoce Industries (ANI); details inside!

USD 4 million order: This multibagger agro product company signs MoU with Africa Negoce Industries (ANI); details inside!

The company has a market cap of Rs 52.77 crore and the stock gave multibagger returns of 150 per cent from its 52-week low of Rs 52 per share.

Kiran Shroff Article rating: 5.0

The company has a market cap of Rs 52.77 crore and the stock gave multibagger returns of 150 per cent from its 52-week low of Rs 52 per share.

Debt-free multibagger penny stock at Rs 21.42: This micro-cap company bags new 80 metric tons of packet tea order from Uttar Pradesh Cooperative Federation Ltd
Debt-free multibagger penny stock at Rs 21.42: This micro-cap company bags new 80 metric tons of packet tea order from Uttar Pradesh Cooperative Federation Ltd

Debt-free multibagger penny stock at Rs 21.42: This micro-cap company bags new 80 metric tons of packet tea order from Uttar Pradesh Cooperative Federation Ltd

The stock gave multibagger returns of over 100 per cent in just 1 year and a whopping 700 per cent in 2 years.

Kiran Shroff Article rating: 3.7

The stock gave multibagger returns of over 100 per cent in just 1 year and a whopping 700 per cent in 2 years.

Rs 16,252 crore order book: TATA Group-multibagger power generation company announces reports highest ever PAT of Rs 4,280 crore for FY24
Rs 16,252 crore order book: TATA Group-multibagger power generation company announces reports highest ever PAT of Rs 4,280 crore for FY24

Rs 16,252 crore order book: TATA Group-multibagger power generation company announces reports highest ever PAT of Rs 4,280 crore for FY24

The stock gave multibagger returns of over 100 per cent in just 1 year whereas BSE Sensex Index is up by 17 per cent.

Kiran Shroff Article rating: 3.8

The stock gave multibagger returns of over 100 per cent in just 1 year whereas BSE Sensex Index is up by 17 per cent.

5 defence companies along with Uttar Pradesh Expressways Industrial Development signs a joint venture with Ministry of Defence
5 defence companies along with Uttar Pradesh Expressways Industrial Development signs a joint venture with Ministry of Defence

5 defence companies along with Uttar Pradesh Expressways Industrial Development signs a joint venture with Ministry of Defence

The main objective of this joint venture is to provide a significant boost to indigenous research, development, and manufacturing in the Indian defence sector.

Kiran Shroff Article rating: 5.0

The five companies involved are:

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