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Source: Live Mint Shares of Pearl Global Industries (PGIL) regained momentum in Friday’s trading session, surging 7.23% to ₹939.80 per share after the domestic brokerage firm Avendus Spark Institutional Equities initiated coverage with a ‘buy’ rating. The brokerage set a target price of ₹1,350 on the stock, signalling an upside potential of 54% from its…
Source: Business Standard 5 min read Last Updated : Oct 04 2024 | 12:10 PM IST The festive season has started in India with the 9-day Navratri festival on October 03, Thursday. This will be followed by Diwali 2024 – the biggest festival in India, which also includes mid-term holidays for the schools across…
Source: Live Mint Paytm shares have demonstrated impressive resilience and strength in recent months, recovering from a challenging first half of the current year characterised by regulatory concerns. Over the last five months, the stock price has jumped 103% to ₹731 apiece. This resurgence is primarily driven by the company’s improving prospects across various business…
Source: Live Mint Shares of Polycab India, a leading manufacturer of electrical wires and cables, resumed their upward momentum in the last few sessions and witnessed a breakout after consolidating in a narrow range for nearly three months. The stock surged 13.14% in the past eight trading sessions, rising from ₹6,475 to ₹7,326 apiece. Polycab…
Source: Live Mint Stock Market News: On Tuesday, the domestic benchmark indices Sensex and Nifty 50 remained relatively stable but closed the session slightly lower due to ongoing profit booking. The Nifty 50 index declined by 0.05% to 25,796.9, while the Sensex finished 0.04% lower at 84,266.29. September witnessed a 2.3% surge in the Nifty…
Source: Live Mint Stock Market News: On Friday, the domestic benchmark indices, Nifty 50 and Sensex, closed slightly lower as investors took profits after a week during which the blue-chip indexes achieved record highs daily. In the end, the Sensex fell 0.3% to 85,571.85, while the benchmark Nifty 50 finished 0.14% lower at 26,178.95 points….
Source: Business Standard 3 min read Last Updated : Sep 27 2024 | 9:11 AM IST Global brokerage UBS has raised concerns about weakening trends in the Indian and the US pharmaceutical markets. In its recent coverage initiation report, UBS said the pace of a decline in the US generic market is likely to…
Source: Live Mint Indian stock market indices, Sensex and Nifty 50, have been hitting record highs led by positive momentum in the global equities that gathered pace after the US Federal Reserve’s outsized interest rate cut last week. On Thursday, the Sensex hit a fresh record high of 85,930.43 before closing 666.25 points, or 0.78%,…
Source: Live Mint Power Grid Corporation, a Maharatna Central Public Sector Undertaking (CPSU) and the largest electric power transmission company, saw its shares zoom 4.67 per cent to touch a fresh record high of ₹366.25 apiece in today’s intraday session. Today’s rally in shares followed a 2.6 per cent jump in the previous trading session,…
Source: Live Mint Breakout stocks to buy or sell: Indian stock market benchmarks- the Sensex and the Nifty 50- closed flat in the previous session on Tuesday on profit booking in select heavyweights. The Sensex and the Nifty 50 scaled their fresh peaks of 85,163.23 and 26,011.55 during the session. Eventually, the Sensex ended at…
