Earlier in the day, the stock soared as much as 0.77 per cent to hit an intraday high of Rs 4,013.25
Despite a slight decline earlier in the year, the stock has soared by an impressive 58.19 per cent over the past year
Shares of Puravankara are trading at its highest level since April 2008. It had hit a record high of Rs 535 on December 13, 2007, data shows
The brokerage's positive outlook is based on Sansera's strong engineering capabilities, which enable it to broaden its market reach both in terms of products and geographic presence.
Bharti Hexacon's IPO is the country's largest since Mankind Pharma Ltd. raised Rs 4,330 crore a year ago
While past-year returns have been high, these funds are prone to significant drawdowns in tough economic environments
The blue-chip NSE Nifty 50 added 0.49% to 22,753.80 on Wednesday, while the BSE Sensex settled 0.47% higher at 75.038.15, led by metals and energy stocks
A deepfake video of a CEO endorsing a stock could create false hype and lead to a surge in buying, inflating the price beyond its real value.
The stock price of R-Infra had hit a multi-year high of Rs 308 on April 4, 2024
Boosting the share of manufacturing in India's economy has been one of the key promises made by Modi, who is seeking a third term in elections that start on April 19
A eight-day rally has put the Nifty Smallcap 250 Index on course for reclaiming the Feb. 27 level when the securities regulator flagged the risk of a potential bubble in the smaller companies
HDFC Securities foresees BSE derivatives market share breaching 30% by FY26; locks in target price of Rs 3,050
The new T+0 settlement cycle reduces transactional risks and enhances market efficiency by providing immediate liquidity to investors, said analysts at ICICI Direct
The demand-supply imbalance and margin pressures would be a key monitorable in the near to medium-term
Axis Bank on Tuesday announced the introduction of digital US dollar fixed deposit (FD) for NRI customers at the IFSC Banking Unit (IBU) at GIFT City, Gujarat. With this introduction, Axis Bank becomes the first bank to offer a digital journey for GIFT City Deposits, the bank said in a statement. NRI customers of the bank can now open US dollar fixed deposits at GIFT City through 'Open by Axis Bank'; the mobile banking application of the lender, it said. This offering simplifies the process of booking US dollar Fixed Deposit for NRI customers, by providing them an end-to-end digital paperless solution and eliminating the need for physical documentation, it said. Besides seamlessly opening an FD account anytime from anywhere, customers can also track and manage their FD digitally, it said. With attractive interest rates, Axis Bank provides NRIs with one of the best investment opportunities, it said. The US Dollar fixed deposit also offers a wide range of investment tenures from se
FPIs have shown a significant resurgence in their investment activity within the Indian equity markets this month, injecting over Rs 38,000 crore, mainly driven by favourable shifts in the global economic scenario and strong domestic macroeconomic outlook. The investment came following a modest investment of Rs 1,539 crore in February and a massive outflow of Rs 25,743 crore in January, data with the depositories snowed. With this, foreign portfolio investors' (FPIs) investment has turned positive to the tune of Rs 13,893 crore in equities so far in 2024 and Rs 55,480 crore in the debt market. Himanshu Srivastava, Associate Director at Manager Research at Morningstar Investment Research India, highlighted that FPIs have become significant buyers in March. The improved global economic conditions and positive Indian macroeconomic scenario have driven FPIs to invest in high growth-oriented markets like India. Additionally, the recent market correction has provided a buying ...
Stock markets would be driven by global trends and foreign investors' trading activity in the holiday-shortened week, analysts said adding that key equity indices may face volatile trends amid the monthly derivatives expiry on Thursday. This week markets will have just three trading sessions. Equity markets will remain closed on Monday for Holi and on Friday for Good Friday. "This week will be shorter due to market closure on both Monday for Holi and Friday for Good Friday. As a result, trading volumes may be lower with limited market cues. However, volatility remains a possibility as we approach the March F&O expiry and the financial year-end," Santosh Meena, Head of Research at Swastika Investmart Ltd, said. Last week, the BSE benchmark climbed 188.51 points or 0.25 per cent, and the Nifty went up by 73.4 points or 0.33 per cent. "This week being a truncated week and the derivatives' monthly expiry, we might see some volatility while Nifty is likely to consolidate at higher ...
Shares of Popular Vehicles and Services, an automobile dealership firm, fell by over 6 per cent during their trading debut on Tuesday
NTPC on Monday said it will start commercial operations of second unit of its North Karanpura Super Thermal Power Project on March 20. NTPC's North Karanpura Super Thermal Power (STPP) project is a coal-based power plant located in the Chatra district of Jharkhand. "Unit 2 (660 MW) of North Karanpura Super Thermal Power Project (3x660 MW) is declared on commercial operation with effect from 00:00 hours of 20.03.2024," NTPC said in an exchange filing. With this, standalone and group commercial capacity of NTPC will become 59,298 MW and 75,418 MW, respectively. NTPC, under the Ministry of Power, is India's largest power generation company.
Bulls say the blowout returns in smaller companies stem from robust corporate profit growth in recent years