Broader market participation signals a stronger rally ahead: Hemang Jani

Broader market participation signals a stronger rally ahead: Hemang Jani

“It would be difficult to pinpoint a specific theme as such. But overall, we do think that this market has a very good foundation in place,” says Hemang Jani, Independent Market Expert Touch wood to the market rebound. It has been pretty steady the last three days and seems like we are headed in for … Read more

FPI selling pressure may persist due to rupee depreciation: Deven Choksey

FPI selling pressure may persist due to rupee depreciation: Deven Choksey

“So, certainly that pressure is on as far as the market is concerned. The larger part of the delivery volume gets reflected when we see the data, but the F&O volume is not showing the data where we believe that large FPIs are basically shorting the counters on that side of the market and gradually … Read more

Neville Noronha quits Avenue Supermarts, Unilever’s Anshul Asawa to be new CEO

Neville Noronha quits Avenue Supermarts, Unilever’s Anshul Asawa to be new CEO

After serving Avenue Supermarts for over two decades, one of India’s richest CEOs Neville Noronha has decided to not renew his candidature at the parent company of DMart chain of retail stores. His term in the company ends in January 2026, a year from now, after which Unilever‘s Anshul Asawa will fill in his shoes. … Read more

Block deals worth over Rs 16,400 crore this week. DMart, HDFC Bank among stocks with major action

Block deals worth over Rs 16,400 crore this week. DMart, HDFC Bank among stocks with major action

While Nifty ended with a week-on-week decline of 0.20%, it was laden with top action where over three dozen companies from large, mid and smallcap segments witnessed prominent block deals worth Rs 16,445 crore on screen which included both buying and selling action. In the large cap segment, 15 companies witnessed significant block deals on … Read more

DMart shares tumble 5% despite 15% YoY jump in revenue. Should you invest?

DMart shares tumble 5% despite 15% YoY jump in revenue. Should you invest?

Shares of Avenue Supermarts-operated DMart tumbled 5% to their day’s low of Rs 4,701.90 after the company reported 14% growth in its standalone revenues at Rs 14,050 crore for the second quarter and added a net of 6 stores. The total number of stores at the end of September 2024 stood at 377. The Radhakishan … Read more

Radhakishan Damani sells 1 lakh shares in VST Industries for Rs 4.4 crore via block deal

Radhakishan Damani sells 1 lakh shares in VST Industries for Rs 4.4 crore via block deal

Indian Railway Finance Corporation Share Price 155.25 03:59 PM | 19 Sep 2024 -3.32(-2.09%) One97 Communications Share Price 655.05 03:59 PM | 19 Sep 2024 -16.41(-2.45%) YES Bank Share Price 22.95 03:59 PM | 19 Sep 2024 -0.38(-1.59%) ITC Share Price 508.25 04:02 PM | 19 Sep 2024 0.9(0.18%) HDFC Bank Share Price 1708.5 04:02 … Read more

Stocks in news: HCL Tech, DMart, Jio Financial, HDFC Life, Kotak Bank

Stocks in news: HCL Tech, DMart, Jio Financial, HDFC Life, Kotak Bank

Domestic markets experienced one of the best weeks in 2024 with Nifty and Sensex extending closing at record highs last week. In today’s trade, shares of HCL Tech, DMart, Jio Financial, HDFC Life, Kotak Bank among others will be in focus due to news developments and first quarter results. HDFC Life, Jio Financial, HDFC AMC, … Read more

Stocks in news: YES Bank, DMart, Kotak Bank, Zomato, Hindustan Zinc

Stocks in news: YES Bank, DMart, Kotak Bank, Zomato, Hindustan Zinc

Indian markets opened at record highs but experienced some correction due to a lack of sustained buying on Tuesday. In today’s trade, shares of YES Bank, DMart, Kotak Bank, Zomato, Hindustan Zinc due to various developments. DMartAvenue Supermarts, which operates DMart stores, reported a standalone revenue of Rs 13,712 crore for the quarter ended June … Read more

Jio Financial, Zomato among 8 other largecap stocks that saw major block deals last week – ​In Spotlight

Jio Financial, Zomato among 8 other largecap stocks that saw major block deals last week – ​In Spotlight

Apr 21, 2024, 10:24:26 AM IST The past week saw block deals across large, mid and smallcap companies. Among these, 15 were largecap stocks including companies like Zomato, Jio Financial and Infosys. Nuvama reports a detailed list of these deals. ETtech With a block count of 14 and nearly 57.6 lakh of share quantity, a … Read more

DMart among 7 stocks on which brokerages initiated coverage, expected to rally up to 30% – Bullish Outlook

DMart among 7 stocks on which brokerages initiated coverage, expected to rally up to 30% – Bullish Outlook

Hero MotoCorp. Share Price 4684.00 03:59 PM | 22 Mar 2024 164.11(3.64%) Maruti Suzuki India. Share Price 12337.70 03:59 PM | 22 Mar 2024 429.56(3.61%) UPL. Share Price 470.00 03:59 PM | 22 Mar 2024 14.45(3.18%) Apollo Hospitals Enterprise. Share Price 6375.90 03:58 PM | 22 Mar 2024 193.40(3.13%) Sun Pharmaceutical Industries. Share Price 1608.90 … Read more