Stocks such as Tata Motors and NTPC have surged 87 per cent and 82 per cent, respectively. As many as 27 Nifty 50 stocks have gained over 20 per cent while 40 stocks have gained over 10 per cent in the year so far. Most gains for the benchmark indexRead More →
In 2023, the Nifty marked its eighth consecutive year of positive performance, showcasing its resilience in the face of challenges. Despite experiencing major headwinds like global monetary tightening, particularly US Fed rate hikes, the Indian economy and market demonstrated remarkable resilience in 2023. The year commenced with elevated inflation, geopoliticalRead More →
LIC share price jumped over 7 per cent to hit its fresh 52-week high of ₹820.05 in morning trade on BSE on Friday, December 22, a day after the company said the government had granted a one-time exemption to it to achieve minimum public shareholding of 25 per cent. LICRead More →
Frontline indices Nifty 50 and Sensex made fresh record highs of 21,505.05 and 71,623.71, respectively, in intraday trade on Tuesday, December 19, on gains led by select energy and FMCG majors, including Reliance Industries, ITC, Nestle and NTPC, amid broadly positive global cues. Both the indices, however, cooled off laterRead More →
Commencing the year with a tentative stumble amid concerns of a potential global recession and fears of rate hikes from major central banks, both the Nifty 50 and S&P Sensex experienced declines of 4.12% and 3.03%, respectively, in the first three months. However, the indices swiftly rebounded in April, propelledRead More →
Continuing their strong upward trend, shares of Zuari Industries (ZIL), the holding company of the well-established and diversified Adventz Group, spiked 4.8% in today’s trade, reaching a new 52-week high of ₹217.60 apiece. The stock has demonstrated significant gains in the last four weeks, gaining 40.36%. It is worth notingRead More →
Driven by a surge in the shares of IT and financial services companies, the Nifty 50 and the BSE Sensex lifted off for a second straight session, touching new highs of 21,492.3 points and 71,605.76 points during the day. The Nifty 50 closed 1.3% higher at 21,456.65, while the BSERead More →
Stocks such as Paytm, PB Fintech, Zomato, CarTrade Tech, Nykaa, and Delhivery have all yielded positive returns thus far in the current year. Among these, Zomato managed to cross its IPO price and also delivered a multi-bagger return. Although commencing the year 2023 on a relatively negative note with aRead More →
The Sensex rose over 955 points to its new high of 70,540, whereas the broader Nifty50 index advanced 263 points to its record high of 21,189.55. The US Federal Reserve has opted to maintain unchanged interest rates and has additionally signaled the likelihood of three quarter-point cuts to the benchmarkRead More →
The facility, to be commissioned by July 2025, will initially produce 25,000 tonnes of the aluminium foil which forms the backbone of lithium-ion and sodium-ion cells, Hindalco Industries said in a press release on December 12. Stock Price Trend The stock has marginally outperformed its benchmark index in 2023 YTD,Read More →
