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Source: Live Mint The Indian stock market is on track to conclude 2024 on a positive note even as it waded through several challenges led by domestic and global factors. The last week was marked by consolidation with bouts of intraday volatility on subdued trading sentiment due to persistent foreign outflows and muted global cues…
Source: Live Mint New Delhi, Dec 29 (PTI) Six of the top-10 most valued firms together added ₹86,847.88 crore in market valuation last week, with HDFC Bank and Reliance Industries emerging as the biggest gainers in line with an overall optimistic trend in equities. Last week, the BSE benchmark climbed 657.48 points or 0.84 per…
Source: Live Mint Breakout stocks: Domestic brokerage firm Anand Rathi Investment Services has picked Escorts Kubota Limited as its stock pick of the month for December 2024 with a potential upside of 11.55 per cent. Shares of Escorts Kubota Limited, an agriculture machinery and tractor manufacturer, closed 3.43 per cent higher at ₹3,260.30 in Friday’s…
Source: Live Mint Dividend, bonus, stock split: Redtape Limited is scheduled to trade ex-dividend while KPI Green Energy Ltd, Banco Products India Ltd, and Surya Roshni Ltd, among others, to trade ex-bonus next week, starting on Monday, December 30, according to BSE data. Some of the major companies have announced various corporate actions, including stock…
Source: Live Mint The Mumbai-based payments solutions provider, Seshaasai Technologies Limited, filed its draft red herring prospectus (DRHP) with the markets regulator, the Securities and Exchange Board of India (SEBI), on Friday, December 27. The company is a payments solution provider that deals with developing technology to carry out contactless payments, customer communication and smart…
Source: Live Mint Expert View: The Indian stock market’s performance in 2024 was notably positive, with the domestic equity benchmarks Sensex and Nifty 50 logging gains of nearly nine per cent each. Nifty 50 crossed its milestone from 22,000 to 26,000 in a relatively short period. However, the second half of the year was met…
Source: Live Mint Gujarat Toolroom Ltd., a BSE-listed small-cap company, announced the successful completion of a Qualified Institutions Placement (QIP), raising ₹95.66 crores. This initiative involved the issuance of 7.19 crore equity shares at ₹13.30 each, which includes a premium of ₹12.30 per share, the company announced in an exchange filing on December 27, 2024….
Source: Live Mint Devina Mehra, the chairperson, managing director and founder of First Global, expresses optimism regarding the long-term outlook for mainstream stocks and indices of the Indian stock market. She highlights that these indices have yet to reach their long-term compounding trend lines or extremes in terms of rolling returns. In an exclusive interview…
Source: Live Mint The Indian stock market outlook for 2025 remains cautiously optimistic as the Nifty 50 valuations suggest modest upside potential, said Dhiraj Relli, MD & CEO at HDFC Securities. He believes the large-cap indices will likely offer better risk-adjusted returns than the mid-cap and small-caps. In an interview with Livemint, Relli said that…
Source: Live Mint Stock market today: The Indian stock market benchmarks – the Sensex and the Nifty 50 – ended with gains on Friday, December 27, led by banking and auto heavyweights such as Mahindra and Mahindra, IndusInd Bank and Tata Motors. On a weekly scale, both key indices turned green, ending nearly 1 per…
