Indian stock market

Stock market strategy: Goldman Sachs sets 12-month Nifty 50 target at 27,000; overweight on autos, telecom, insurance | Stock Market News

TheSpuzz Desk3 months ago03 mins

Source: Live Mint Indian equities are expected to remain resilient to global macroeconomic challenges such as a stronger US dollar, shallower easing in emerging markets, and potential US tariff hikes on China, according to Goldman Sachs’ latest report. Despite this external immunity, domestic economic growth has been cyclically slowing. Goldman Sachs projects India’s GDP growth…

Enviro Infra Engineers IPO: Firm raises ₹194.6 crore via anchor investors ahead of public issue | Stock Market News

TheSpuzz Desk3 months ago04 mins

Source: Live Mint Enviro Infra Engineers Limited has raised ₹194.6 crore from investors in its anchor round ahead of the public issue, according to the company’s BSE filing on Thursday, November 21. According to the exchange filing, the company has allocated 1,31,54,400 or 1.31 crore equity shares to the anchor investors at an allocation price…

Zinka Logistics IPO: These investors to bag up to 1,370% returns as shares likely to list on bourses on Friday | Stock Market News

TheSpuzz Desk3 months ago04 mins

Source: Live Mint Zinka Logistics IPO: Early investors in Zinka Logistics stand to make multibagger returns of up to 1,370 per cent as the shares of the recently concluded public offer are set to list on the bourses tomorrow (Friday). Zinka Logistics’ initial public offer (IPO), which was open for subscription from 13 November to…

₹6.10 to ₹315: Jindal Group’s multibagger stock turns ₹1 lakh to ₹52 lakh in 11 years | Stock Market News

TheSpuzz Desk3 months ago03 mins

Source: Live Mint Multibagger stock: A Jindal Group stock has delivered substantial gains over the past decade, multiplying investors’ wealth several times. Shares of Jindal Worldwide surged to ₹315.40 on November 21, 2024, from its decade-low level of ₹6.10 on August 28, 2013, registering a gain of 5,071 per cent in a little over 11…

Stocks market today: Sensex, Nifty 50 crash 1% each; what is driving the market down? Explained with 5 factors | Stock Market News

TheSpuzz Desk3 months ago01 mins

Source: Live Mint Stock market today: Indian stock market benchmarks- the Sensex and the Nifty 50- plunged by a per cent each in morning trade on Thursday, November 21, amid weak global cues. The domestic market witnessed a broad selloff as mid and small-cap segments also suffered losses. The overall market capitalisation (m-cap) of BSE-listed…

Gold and equities both off record highs: What’s the best investment strategy at the current juncture? | Stock Market News

TheSpuzz Desk3 months ago010 mins

Source: Live Mint Indian investors are facing a challenging time as both major asset classes, equities and gold, are undergoing a selloff. Indian stock market benchmark, Nifty 50, is down 10.5 per cent from its record high of 26,277.35. On the other hand, MCX Gold for December 5 expiry is down 5.3 per cent from…

Delhivery’s stock slump deepens; can healthy Q2 numbers reverse the slide? | Stock Market News

TheSpuzz Desk3 months ago07 mins

Source: Live Mint A few stocks on Dalal Street continue to face extended sell-off pressure due to a variety of factors, including weak financial performance, rising competition, softening demand, and macroeconomic headwinds. As a result, these stocks remain sidelined, despite the overall market performing exceptionally well. One such stock in this regard is Delhivery—India’s largest…

After 66,92,535% return in one day, small-cap stock Elcid Investments is in a downtrend; here’s why | Stock Market News

TheSpuzz Desk3 months ago04 mins

Source: Live Mint Shares of Elcid Investments, which recently grabbed headlines for a massive one-day spike, have once again caught the attention of investors following the release of the company’s financial results for the September quarter. The company reported a 143.5% year-on-year (YoY) jump in its consolidated revenue to ₹56 crore. However, on a sequential…

UPL announces rights issue to raise ₹3,378 crore, to issue shares in the ratio of 1:8 | Stock Market News

TheSpuzz Desk3 months ago13 mins

Source: Live Mint UPL announced on Wednesday, November 20, that it would raise ₹3,377.74 crore through a rights issue of 9,38,25,95 partly paid shares at ₹360 per rights equity share. The company will issue shares in the ratio of 1:8, or one equity share for every eight equity shares held. The record date for this…