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Source: Live Mint Stock to watch: Small cap stock, BCL Industries’ promoter Kushal Mittal disclosed that he has raised his stakeholding in the ethanol blending company, according to an exchange filing on Monday, March 24. According to the BSE data, Mittal purchased 1,89,499 or 1.89 lakh equity shares on March 20, 75,000 equity shares on…
Source: Live Mint Authum Investment & Infrastructure shares gained over 2% in intra-day deals on Monday, March 24, after the company disclosed it had acquired an additional 3.82% stake in airline SpiceJet in an off-market transaction last week. The company in an exchange filing revealed that it has picked up 4,90,00,000 shares, representing a 3.82%…
Source: Live Mint Despite being down 20 per cent from its peak, Kotak Securities has recommended a ‘Buy’ rating on Reliance Industries (RIL), setting a 12-month target price of ₹1,400, citing strong growth prospects in retail, telecom, and quick commerce segments. This target implies an almost 10 per cent upside potential from the previous close….
Source: Live Mint Stock market today: Indian markets continued their stellar run for the sixth consecutive trading session on Monday, March 24, with Nifty 50 and Sensex surging another 1% each at the day’s highs, building on last week’s strong momentum. Positive domestic macroeconomic factors and easing concerns over valuations, especially in large-cap stocks, have…
Source: Live Mint Divine Hira Jewellers had a flat IPO listing on March 24, debuting at ₹90 per share on the NSE SME, matching the issue price. Read Full Article
Source: Live Mint Breakout stocks to buy or sell: Domestic equity benchmarks, Sensex and Nifty 50, continued their upward momentum for the fifth consecutive session, recording weekly gains of approximately 4.2% on Friday. The NSE Nifty 50 index posted its most significant weekly increase in over four years. The NSE Nifty 50 climbed 0.69% on…
Source: Live Mint Stocks to buy under ₹100: Benchmark indices Sensex and Nifty rallied nearly 1% on Friday, extending their winning streak to five consecutive sessions, driven by fresh foreign fund inflows and gains in banking stocks. The BSE Sensex, comprising 30 stocks, rose by 557.45 points (0.73%) to close at 76,905.51, after touching an…
Source: Live Mint The U.S. market recently experienced a deep rapid correction, with the S&P 500 falling by 10% and the Nasdaq 100 by 14%. However, India’s stock market remained resilient amid the global sell-off. The Nifty 50 swiftly rebounded from its recent low of 21,964.6, surpassing the 23,000 threshold with ease. By Friday’s close,…
Source: Live Mint At first glance, it appears that the worst may be over for the Indian stock market. After five consecutive months of losses, the benchmark Nifty 50 index has risen nearly 6% in March. This sharp rebound can be attributed to attractive valuations, improving macroeconomic conditions, and declining foreign capital outflows. Nifty 50…
Source: Live Mint The Indian stock market staged a strong rebound fueled by improving investor sentiment, improving foreign flows, and positive global cues. Bulls were back in action with renewed buying interest across counters, setting calls for further uptrend before the closing of the financial year 2024-25. Next, investors will monitor some key market triggers…
