Here’s a quick look at stocks likely to be in focus in today’s trade. Bondada Engineering: Bondada Engineering has secured a significant project valued at ₹575.74 crore. The project was awarded by Lumina Clean Energy, Purelight Energy, and VVKR Photovoltaics Energy, which are special purpose vehicles established by Paradigm IT Technologies and Metalcraft Forming Industries. …
Here’s a quick look at stocks likely to be in focus in today’s trade. Trent and Bharat Electronics: In a significant move by the National Stock Exchange (NSE), Trent and Bharat Electronics Limited (BEL) will be added to the prestigious Nifty 50 index, effective from September 30. This reshuffle highlights the growing importance of these …
Here’s a quick look at stocks likely to be in focus in today’s trade. Adani Power: Adani Power has announced that the Hyderabad bench of the National Company Law Tribunal (NCLT) has approved its plan to acquire Lanco Amarkantak Power Ltd (LAPL). The acquisition involves an upfront payment of ₹4,101 crore. LAPL is currently undergoing …
Here’s a quick look at stocks likely to be in focus in today’s trade. Zomato and One 97 Communications: Zomato has made a significant leap into the entertainment sector by acquiring Paytm’s ticketing business for ₹2,048.4 crore ($244 million). This acquisition includes Paytm’s ‘TicketNew’ and ‘Insider’ platforms, which focus on movie and live event ticketing, …
Stocks to buy: The Indian stock market sustained its positive momentum, indicating stability post the Lok Sabha election 2024 results, on June 7. Both the Sensex and the Nifty 50 indices climbed by almost 1 percent each, marking the second successive session of gains. This upward trend reflects optimism regarding political stability and policy continuity …
The FOMC’s decision to hold interest rates steady at 5.25-5.5% reflects confidence in the US market’s upward economic trajectory. Despite maintaining a forecast of lowering rates to 4.6% by 2024, the latest “dot plot” indicates a shift in expectations, with fewer members anticipating multiple rate cuts this year. With signs of economic resilience and a …
Continuing their bearish trajectory, shares of IREDA, a power financing NBFC, experienced a 4.15% decline to ₹146.55 per share in today’s intraday trading session, following a 5% drop in the previous session. After reaching a record high, the stock has been on a downward trend, consistently setting new intraday lows each day. On February 06, …