Buy or sell: The Nifty index ended the week at 24,823, aligning with the previously discussed support zone of 24,400-24,600. As anticipated, the index moved above this support zone, closing at 24,823 and approaching its resistance level of 24,900-25,200. Over the week, the Nifty fluctuated between 24,400 and 24,800. The sustained close above 24,600 suggests …
Union Budget 2024, which will be announced later today, July 23 is anticipated to be growth-focused, with several measures aimed at bolstering the rural economy, said brokerage house Motilal Oswal, in its pre-budget note. As per the brokerage, the government is likely to continue its emphasis on capital expenditure and investment-led growth, alongside initiatives to …
Stock Market News: The market-leading Tata Consultancy Services’ earnings indicated early indications of recovery in the industry, and on Friday, IT stocks joined an over-month-long record-breaking surge that sent the domestic benchmark indexes, the Sensex and Nifty 50, to record closing highs. The Sensex gained 0.78% to close Friday’s session at 80,519.34, while the Nifty …
Union Budget 2024: The Indian market is experiencing relentless bullish momentum characterized by a series of record highs, frequent milestone achievements, and the establishment of new benchmarks. On Thursday, June 27, the benchmark Nifty breached the 24,000 mark for the first time. Continuing the rally, the Nifty reached 24,100 points, hitting a new record high …
Union Budget 2024: The Indian market is experiencing relentless bullish momentum characterized by a series of record highs, frequent milestone achievements, and the establishment of new benchmarks. On Thursday, June 27, the benchmark Nifty breached the 24,000 mark for the first time. Continuing the rally, the Nifty reached 24,100 points, hitting a new record high …
India stock market: The Indian stock market benchmarks, Sensex and Nifty 50, closed with slight gains on Friday, May 31, breaking the pattern of losses from the preceding five sessions. The Sensex concluded the session with a 0.10 percent rise, gaining 76 points to reach 73,961.31, as 15 stocks saw an increase. Meanwhile, the Nifty …
Navratna PSU Bharat Electronics Ltd (BEL) saw its shares rallying over 9 per cent in Tuesday’s trade, as its Q4 earnings beat Street estimate led by strong margins and jump in other income. Up-fronting of order inflows led to a beat in overall order inflows for the company. Gross profit margin has remained strong for …
The stock gave multibagger returns of 160 per cent in just 1 year, 430 per cent in 3 years and a whopping 1,700 per cent in a decade. Today, one of the Top Gainers on …
Bharat Electronics share price surged over 8% in early trading session on Tuesday, following analysts’ bullish outlook and raised target prices after the company’s strong Q4 results. The shares soared as much as 8.55%, reaching a record high of Rs 283 per share on the NSE. State-owned Bharat Electronics Ltd (BEL) reported a 30% increase …
Adani Group: US-headquartered ratings firm Moody’s upgraded the ratings of two green energy firms and two electricity generation and distribution firms of the Adani Group following improved financials, timely debt repayments and a capital infusion by the group over the past year. On Tuesday, Moody’s upgraded the ratings of four Adani firms to stable — …