Vodafone Idea has made an exit from Nifty 500 index and Nifty Midcap 100 as part of a semi-annual rejig of NSE’s various indices. Vodafone’s current free-float market capitalisation stands at Rs 36,534 crore and the stock today ended at Rs 15.83, down by Rs 0.37 or 2.28% over the Thursday closing price. Vodafone’s exit … Read more
The average market capitalisation cut-off for a stock to make it to the largecap category in the upcoming Amfi semi-annual categorisation is expected to be Rs 84,000 crore compared to an average of Rs 67,000 crore in the six months ending December 2023, Nuvama said in a note. Meanwhile, the midcap threshold is likely to … Read more
Broader markets catalysed the market fall on Tuesday with medium, small and microcap indices treading in deep red around 12:15 pm. The Nifty Midcap 100 index fell by over 7% or 3,700 points around this time to hit the day’s low of 49,623.10. This comes after a meteoric Monday rise after most exit polls gave … Read more
Average returns by 27 stocks in the S&P BSE Capital Goods index are nearly three times higher than those given by S&P BSE Sensex in the financial year 2024 so far. Out of these, seven stocks have given multibagger returns of up to 458% during this period and yet trading at a nearly 30% discount … Read more
BENGALURU – Index provider MSCI raised India‘s weightage in its Global Standard (Emerging Markets) index to a historic high of 18.2% following its February review, and the changes will come into effect after market close on Feb. 29. India’s weightage in the index has nearly doubled since November 2020. The climb can be attributed to … Read more
With the earnings season nearing the end, more than 500 companies are scheduled to release the earnings for the quarter and half-year ended September on Wednesday. The big ones to watch out for will be United Spirits, Lupin, Oil India, Mazagon Dock Shipbuilders, Bharat Heavy Electricals, Pidilite Industries, Tata Power Co, and Patanjali Foods. The … Read more
Defense sector stocks gained up to 7% on Tuesday led by state-run Mazagon Dock Shipbuilders which hit the day’s high of Rs 2,219.90 on the NSE following an order for constructing DWT Multi-Purpose Hybrid Power Vessels for an undisclosed amount from a European client. Cochin Shipyard, Bharat Electronics (BEL), Hindustan Aeronautics (HAL), Bharat Dynamics, Bharat … Read more
Tata Steel Share Price 122.10 03:59 PM | 30 Aug 2023 2.55(2.13%) Maruti Suzuki Share Price 9796.40 03:57 PM | 30 Aug 2023 175.15(1.82%) Eicher Motors Share Price 3405.75 03:59 PM | 30 Aug 2023 50.40(1.50%) Mahindra & Mahindra Share Price 1583.20 03:59 PM | 30 Aug 2023 22.35(1.43%) Infosys Share Price 1435.15 03:59 PM … Read more
MUMBAI: GE Power India’s shares have been caught in a downward spiral in the past week after its parent’s decision to exit the thermal power business, prompting sharp analyst downgrades. The stock, which dropped 10% to Rs205.40 on Friday, has plunged 47% in the past five trading sessions.During the investors’ call on October 23, GE … Read more
NEW DELHI: Nifty ended July F&O series on a weak note on Thursday and formed a bearish candle on the daily chart. Technical indicators like the RSI have seen a negative crossover from the overbought scenario on the daily scale, which doesn’t bode well for the bulls, but an overall lower VIX is ruling out … Read more