Market Wrap: Benchmark indices close on a positive note, while Nifty Smallcap underperforms!
Market Wrap: Benchmark indices close on a positive note, while Nifty Smallcap underperforms!

Market Wrap: Benchmark indices close on a positive note, while Nifty Smallcap underperforms!

In Tuesday's trading session, benchmark indices concluded the day with the Sensex and Nifty closing higher by 0.42 per cent and 0.45 per cent, respectively.

Siddharth Mane Article rating: 5.0

On November 20, 2023, foreign institutional investors (FII) offloaded shares worth Rs 645.72 crore, while domestic institutional investors (DII) bought shares worth Rs 77.77 crore.

Market Wrap: Benchmark indices close higher while Nifty Smallcap Outperforms!
Market Wrap: Benchmark indices close higher while Nifty Smallcap Outperforms!

Market Wrap: Benchmark indices close higher while Nifty Smallcap Outperforms!

In Wednesday's trading session, both Sensex and Nifty concluded on a positive note, recording gains of 1.14 per cent and 1.19 per cent respectively.

Siddharth Mane Article rating: 5.0

On November 13, 2023, foreign institutional investors (FII) offloaded shares worth Rs 1,244.44 crore, while domestic institutional investors (DII) purchased shares worth Rs 830.40 crore.

300 per cent Jump in net profit; LIC backed Multibagger company announces stellar results; Rocket rally of 250 per cent in 1 year!
300 per cent Jump in net profit; LIC backed Multibagger company announces stellar results; Rocket rally of 250 per cent in 1 year!

300 per cent Jump in net profit; LIC backed Multibagger company announces stellar results; Rocket rally of 250 per cent in 1 year!

Cash Flow from Operations recorded at Rs 1,864 crores, marking a remarkable leap of 2362.59 per cent from previously negative cash flows.

Prajwal Wakhare Article rating: 4.0

Companiy's equity derivatives market share has grown significantly from April to September 2023, reaching 7.4 per cent after the introduction of BANKEX derivatives contracts.

Net profit jumps 334.6 percent; Company Pursuit of Higher margins, do you own it?
Net profit jumps 334.6 percent; Company Pursuit of Higher margins, do you own it?

Net profit jumps 334.6 percent; Company Pursuit of Higher margins, do you own it?

The profitability picture is notably positive, with Net Profit witnessing a remarkable 334.6 per cent year-on-year growth, reaching Rs 482.0 Crores.

Prajwal Wakhare Article rating: 4.0

The Company's strategy focuses on capturing higher-margin opportunities in Steel, Stainless Steel, Ferro Alloys, and Aluminium Foil Products, aligning with SMEL's goal of generating long-term value for stakeholders.

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