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Source: Live Mint Shares of Sunteck Realty recovered from its 52-week low on Thursday after its promoter raised stake in the real estate firm. Sunteck Realty’s promoter group has increased its stake in the company through open market purchases. As per regulatory filings, the promoters acquired an additional 19,400 equity shares, raising their shareholding from…
Source: Live Mint HDFC Mutual Fund has raised its stake in midcap stock BEML to 7.37 percent from 5.23 percent earlier. According to the disclosure, HDFC Mutual Fund, through its various schemes, acquired an additional 8,49,308 equity shares of BEML Limited. Before the acquisition, the fund’s holding stood at 5.23 percent, representing 21,79,541 shares with…
Source: Live Mint Stock Market today: The domestic benchmark indices, Nifty 50 and Sensex, began Thursday with slight increases despite persistent selling pressure from foreign investors, which continues to impact market sentiment. The Nifty 50 index opened at 22,568.95, climbing by 21.40 points or 0.09 percent, while the Sensex commenced the session at 74,706.60, advancing…
Source: Live Mint Multibagger penny stocks: Penny stocks appeal to stock market investors seeking high-growth opportunities at a lower price. These stocks are associated with smaller companies and come with higher risk, but their potential for rapid gains can be attractive. Even prominent institutional investors, such as the Life Insurance Corporation of India (LIC), hold…
Source: Live Mint The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open flat on Thursday, tracking mixed cues from global markets. The trends on Gift Nifty also indicate a flat start for the Indian benchmark index. The Gift Nifty was trading around 22,585 level, a premium of nearly 3 points…
Source: Live Mint Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open on a flat note on Thursday, following mixed global market cues. Asian markets traded mostly higher, while the US stock market ended mixed overnight ahead of Nvidia Q4 results. The Indian stock market was shut on…
Source: Live Mint Three stocks to trade, recommended by NeoTrader’s Raja Venkatraman: • Fiem Industries: Buy above ₹1,420, stop ₹1,395, target ₹1,550-1,580 This counter from the auto industry has now given a strong breakout above moving average bands, indicating that the revival emerging despite the market weakness spells some buying emerging at lower levels. Tuesday’s…
Source: Live Mint The Securities and Exchange Board of India (Sebi) believes that the concentration of weights among the top few index constituents gives rise to “fears or risks of market manipulation and /or excessive market volatility” among market participants. The regulator proposed a set of measures in a consultation paper on Monday, seeking public…
Source: Live Mint “Tobacco prices have gone up 20% in the last seven months and competition has intensified in the industry lately. So, cigarette prices won’t rise drastically either and margins will remain subdued in Q4 (for ITC),” said Devarsh Vakil, head of prime research at HDFC Securities. ITC, India’s largest cigarette maker, reported a…
Source: Live Mint Smallcap stock Welspun Specialty Solutions was in focus after the company board approved raising funds up to ₹350 crore by way of a rights issue. “This is further to the meeting of the Board of Directors of the Company (the “Board”) held on January 27, 2025, approving the issuance of equity shares…
