MUMBAI – The BSE has increased circuit limits for 4 Adani group stocks, paving way for higher participation in the counters. For Adani Green Energy, Adani Transmission, and Adani Wilmar, the circuit limits have been revised to 10% from 5%. The biggest boost is for Adani Power as the circuit limit has been increased to … Read more
Mumbai: Investors are usually excited by product launches. It’s the most natural way for companies to grow businesses and build market share. But when BSE, Asia’s oldest stock exchange, brought back its Sensex derivatives products in a new form earlier this week, the excitement was relatively muted. The relaunch is a fresh attempt by the … Read more
Value investor Porinju Veliyath has hiked stake in underperforming smallcap stock Kaya by 0.63% to 1.65% during the March quarter. According to the latest shareholding pattern available with the exchanges, Porinju holds 2,15,000 shares in the company. Kaya is an Indian multinational skincare, haircare, and body care treatment provider. Kaya clinics is present in 27 … Read more
Mumbai: Several domestic and foreign brokerage firms slashed their earnings estimates and price targets on Tata Consultancy Services (TCS) after India’s largest IT services company delivered a weaker-than-expected fourth-quarter earnings and gave a cautious commentary on trends in the immediate future. For instance, JPMorgan maintained its underweight rating and slashed its revenue estimate by 1% … Read more
Uncertain stock market conditions call for smart strategies. The beaten-down valuations of many companies have prompted their promoters to adopt a contrarian investment approach, which will help them strengthen their holdings at lower than market value. They, however, are refraining from picking up additional stakes directly through open market acquisitions of shares or by way … Read more
Stock markets will remain closed for two days this week on account of public holidays. exchanges will not function on April 4 for Mahavir Jayanti and on April 7 due to Good Friday. According to the BSE calendar, the equity segment, derivative segment, and the SLB segment will be closed on these days. Further, the … Read more
Ador Welding, part of the industrial product space, has rallied by about 10% in a month, and technical suggests that the stock price will surpass September 2022 high and hit a fresh record highs above Rs 1,000 in the next 6 months, suggest experts. Ador Welding stock price which is part of the S&P BSE … Read more
Shares of multibagger Jindal Stainless rose nearly 4% to Rs 290.2 in Wednesday’s trade on BSE after the firm said it has acquired a 49% stake in Indonesia-based Nickel Pig Iron Company. Jindal Stainless signed a joint venture agreement with an Eternal Tsingshan unit to develop a greenfield 200,000 metric tonne nickel pig iron plant … Read more
Indian market is expected to trade higher on Tuesday tracking positive global cues. The S&P BSE Sensex rose more than 100 points while the Nifty50 failed to close above the 17000 mark in the previous session. India VIX was up by 1.35% from 15.24 to 15.44 levels on Monday. Volatility has been on the rise … Read more
New Delhi: BNP Paribas Arbitrage on Friday offloaded shares of Bharti Airtel for Rs 105 crore through an open market transaction. According to the block deal data available with the BSE, BNP Paribas Arbitrage offloaded 13,82,462 shares of the firm. The shares were sold at an average price of Rs 762.55 per piece, taking the … Read more