Market Wrap: Benchmark indices close on a positive note while Nifty Pharma surges over 1.5 per cent!
Market Wrap: Benchmark indices close on a positive note while Nifty Pharma surges over 1.5 per cent!
On Monday, Benchmark indices concluded trading day on a higher note as Sensex moderately gained by 0.15 per cent and closed at 72,776.14 level, while Nifty also gained by 0.22 per cent and closed at 22,104.05 level.
On May 10, 2024, foreign institutional investors (FII) offloaded shares worth Rs 2,117.50 crore, while domestic institutional investors (DII) bought shares worth Rs 2,709.81 crore.
3,100 per cent multibagger returns: This small cap company bags an export order worth Rs 30 crore! FIIs purchased 74,756 shares!
The company's shares have delivered an impressive return of over 715 per cent to their shareholders in the past five years.
The company boasts a double-digit Return on Capital Employed and Return on Equity, while its share price trades at under Rs 200 per share.
8 Simple strategies to safeguard your portfolio during market downturns!
It essential to stay informed about market trends and economic indicators but avoid making impulsive decisions based on short-term fluctuations. Stick to your long-term investment strategy and remain disciplined during periods of market volatility.
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Rs 11,872 crore order book and FIIs increase stake: Heavy buying witnessed in this multibagger railway and defence stock; gains over 140 per cent!
Shares of the company gained more than 50 per cent in the last six months.
Shares of the company gained more than 50 per cent in the last six months.
Watch out for these Penny Stocks locked in the upper circuit on May 13
Sensex declining by 0.40 per cent and the Nifty plunging by 0.34 per cent.
Overall, the broader market sentiment is negative, with 1,330 stocks advancing compared to 2,474 stocks declining.
Rekha Rakesh Jhunjhunwala portfolio company secured a repeat order worth USD 49 million from Kathmandu Upatyaka Khanepani Limited, Stock jumps over 5 per cent today!
The company's shares have delivered an impressive return of around 240 per cent to their shareholders.
Quant Mutual Funds acquired 1,169,181 shares of the company, while Rekha Rakesh Jhunjhunwala continues to hold 5 million shares of the company in March 2024.
Top three stocks that saw heavy demand from buyers in the pre-opening session today
These three stocks were the top gainers on BSE in the pre-opening session today.
At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 509.27 points or 0.70 per cent.
Penny Stocks: Stocks likely to be in focus tomorrow!
The following penny stocks are likely to be in focus on Monday, May 13, 2024.
Overall, market sentiment was positive, with 1,333 stocks advancing compared to 771 declining stocks.
Analysing the interplay between geopolitics and India and its positive and negative ramifications on various sectors
This article is authored by Hemant Shah, Fund Manager, Seven Islands PMS
By encouraging domestic production, India creates a massive captive market, shielding manufacturers from the price wars that plague exporters.
1:2 Bonus issue announcement: Back-to-back upper circuit low price penny stock, company announces bonus issue!
The bonus issue scheme entails the allocation of one additional equity share having a face value of Rs 1 each for every 2 equity shares valued held as of a specified record date.
The bonus shares will be sourced from the company's profit reserves, and the company possesses adequate free reserves, meeting the prerequisites for the bonus issue.
1:10 Stock split announcement: This multibagger NBCF company announces a stock split; complete details inside!
The company’s shares have delivered impressive multibagger returns of over 550 per cent to their shareholders.
The company's sales recorded a year-on-year growth of 151 per cent, while profits surged by over 200 per cent in FY23. The company is expected to announce its annual results soon.
Multibagger penny stock under Rs 70: This solar power SME stock bags a new order worth Rs 21,343,330!
Shares of the company gained more than 140 per cent in the last six months.
Shares of the company gained more than 140 per cent in the last six months.