Benchmark indices trade on higher note amidst positive cues from European markets!
Benchmark indices trade on higher note amidst positive cues from European markets!
European markets are set to open higher on Friday as positive momentum continued into the end of the week. European futures DAX and CAC trade higher by 0.35 per cent and 0.25 respectively while FTSE traded marginally lower 0.18 per cent.
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.
Watch out for these Penny Stocks locked in the upper circuit on May 10
Sensex moderately rising by 0.27 per cent and Nifty gaining by 0.40 per cent.
Overall, the broader market sentiment is positive, with 2,108 stocks advancing compared to 1,501 stocks declining.
EV-charger & solar products manufacturer – Servotech Power Systems unveiled its financial results for the quarter and year ended March 31, 2024; PAT zooms over 200 per cent
From Rs 2.08 to Rs 84.80 per share, the stock delivered multibagger returns of 3,977 per cent in 3 years.
The 52-week high of the stock is Rs 108.70 and the 52-week low of Rs 30.489 with a market cap of Rs 1,777 crore.
Stock Split likely to be announced on May 24: Small-cap company’s Board allots 1,90,000 warrants which are convertible into equal number of equity shares to 5 investors!
The stock gave multibagger returns of over 700 per cent in a decade.
The company falls under the BSE Small-cap Index and has a market cap of over Rs 800 crore.
This Akshaya Tritiya: Gold or Gold Jewellery Stocks? What if You Had Invested Rs 1 Lakh in Them?
Both the options have their unique characteristics. Gold is a physical asset that can be touched and even worn, while stocks are intangible and stored in a Demat account. Identifying a good company is a skill required when investing in stocks, which differentiates it from gold as an investment choice.
Stocks have the potential to deliver multibagger returns. Should you choose to invest in gold instead of stocks during this Akshay Tritiya? Check inside.
Top three stocks that saw heavy demand from buyers in the pre-opening session today
Top three stocks that saw heavy demand from buyers in the pre-opening session today
At the pre-opening bell, the frontline index S&P BSE Sensex opened in red with a loss of 137.03 points or 0.19 per cent.
HDFC bank versus HDFC bank’s FD; What if you had invested Rs 1 lakh each? read the complete analysis!
In this article, we are comparing what would have happened if investors had invested Rs 1 lakh on the same day five years ago in both the shares of HDFC Bank and HDFC Bank’s FD.
Investors frequently debate that fixed deposits are less favourable than stocks, but the financial stability of the stocks you choose to invest in is crucial; otherwise, they may not outperform the returns offered by fixed deposits.
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.
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!
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.
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!
The following penny stocks are likely to be in focus on Friday, May 10, 2024.
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!
The stock has experienced significant buying activity, yielding returns of more than 83 per cent in the last one year.
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!
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.
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.