India’s stock benchmarks made a recovery in the second half of Friday’s trading session as investors bought banking, financial, and pharma stocks ahead of the last leg of the third-quarter corporate results and key macro data this week. In this week gone by, Nifty shed 120 points or 0.55% to finish at 21,782.5, while BSE …
Stock market today: Following the Government of India (GoI) special focus on the greeen energy segment, stock market experts are highly bullish on quality energy stocks. They believe that energy companies investing in the solar, and other renewable energy segment are expected to deliver whopping return to its shareholders in long term. They said that …
Day trading guide for today: After showing a reasonable upside bounce from the lows in the last two straight sessions, the Indian stock market shifted into a consolidation on the special trading session of Saturday. Nifty 50 index ended 49 points lower at 21,571 level, and the BSE Sensex shed 77 points and closed at …
Coal India Ltd reported a better-than-expected Q2 results, thanks to higher-than-expected coal prices and lower-than-expected employee cost. Analysts noted that power demand usually peaks in May due to summer heat waves but a drier monsoon and high economic activity this year kept the demand elevated for Coal India, which is a seasonally weak quarter. Considering …
Coal India share price extended rally to hit a fresh 52-week high on Monday after the company’s better-than-estimated earnings for the quarter ended September 2023 cheered analysts. Coal India shares gained as much as 4.76% to a high of ₹347.50 apiece on the BSE after certain brokerages raised target price on the stock. The world’s …