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Source: Live Mint The big day is here! FM Sitharaman will deliver her 8th Budget speech at 11 a.m. Even though it’s a Saturday, stock markets (BSE and NSE) will remain open. This will be her second full Budget under Modi 3.0 and her eighth overall, including six annual and two interim Budgets during the…
Source: Live Mint Economic Survey 2025: Shares of Railway stocks RVNL, IRCON, IRCTC, and BEML soared on Friday, January 31, in tandem with the broader markets after the Economic Survey 2025 announced massive expansion for Indian Railways in FY25. Rail Vikas Nigam Ltd surged 10 percent to its day’s high of ₹481.05 while IRCON also…
Source: Live Mint Stock Market today: The domestic benchmark indices, Nifty 50 and Sensex, opened cautiously on Thursday due to monthly expiry and pre-budget volatility, which left investors feeling unsettled. The Sensex started off 43.69 points lower at 76,489.27, while the Nifty 50 experienced a slight decline of 5.30 points, opening at 23,157.80. Notably, despite…
Source: Live Mint Over the past two to three years, many railway stocks have delivered multibagger returns, rewarding investors with significant gains. Demand for these stocks remains robust, even amidst broader market fluctuations, with retail investors consistently scouting for the best opportunities in the sector. Yet, 2024 has brought challenges. Despite a strong start to…
Source: Live Mint Railway stocks including IRFC, IRCTC, RVNL and RailTel Corporation gained up to 2% on Friday amid increased buying momentum. While these multibagger railway stocks have seen a modest recovery from recent lows, they remain significantly below their 52-week highs. Rail Vikas Nigam Ltd (RVNL) shares have surged 161% year-to-date (YTD) and delivered…
Source: Business Standard 5 min read Last Updated : Oct 11 2024 | 12:02 PM IST Even as the benchmark equity indices scaled fresh peaks in September shares related to Indian railways continued to under-perform and languish below key moving averages. Among these momentum stocks such as RVNL and IRFC which had witnessed a…
Source: Live Mint The Indian equity markets have experienced a recent pullback following a record-breaking rally. In a recent note, analysts at Kotak Institutional Equities highlighted that investors seem to be overlooking concerns about high valuations. They believe that the pursuit of returns has outweighed the fear of risks, whether apparent or hidden. The brokerage…
