In the Nifty200 pack, three stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on May 26, according to stockedge.com’s technical scan data. Source link
De-escalation in the US-China trade war sparked a strong rally in Indian metal stocks, which surged over 8% on Monday. The jump came after the world’s two largest economies agreed to significantly ease their tit-for-tat tariffs for a 90-day period. The rally was supported by a sharp uptick in global metal prices, driven by optimism … Read more
IRFC Share Price 139.62 03:59 PM | 13 Nov 2024 -5.7(-3.93%) Suzlon Energy Share Price 54.03 03:59 PM | 13 Nov 2024 0.0(0.0%) IREDA Share Price 187.59 03:59 PM | 13 Nov 2024 0.0(0.0%) Tata Motors Share Price 786.25 03:59 PM | 13 Nov 2024 0.0(0.0%) YES Bank Share Price 19.07 03:59 PM | 13 … Read more
The initial public offering (IPO) of Western Carriers was fully subscribed at 4.83 times as on day 2, receiving over 10 crore consolidated share bids as on Monday, 5 pm, against 2,08,68,467 crore shares available for subscription. The retail portion received a solid response and was booked 7.32 times. The non-institutional investors (NIIs) subscribed the … Read more
Hindalco Industries, the Aditya Birla Group‘s metals flagship company, is likely to post muted revenues even though profitability is expected to edge higher. The company will announce its fourth quarter results later today. Revenue from operations during the January-March 2024 period is likely to decline up to 6% year-on-year, while profit growth is seen up … Read more
Billionaire Kumar Mangalam Birla’s Hindalco Industries Ltd. is considering seeking about $1.2 billion in a planned initial public offering of US aluminum products maker Novelis Inc., people familiar with the matter said, in what could be one of the year’s biggest share sales. Hindalco may target a valuation of about $18 billion for Atlanta-based Novelis, … Read more
MUMBAI – The National Stock Exchange (NSE) of India will launch four new indices in the cash and futures and options segments with effect from April 8. The exchange has proposed online dissemination of indices namely, Nifty Tata Group 25% Cap, Nifty500 Multicap India Manufacturing 50:30:20, Nifty500 Multicap Infrastructure 50:30:20, and Nifty MidSmall Healthcare, according … Read more
Mumbai: Shares of metal companies surged on Wednesday as China’s move to prop up its economy is seen boosting demand and prices of metals, but experts remain skeptical of this rally sustaining till there are definitive signs of stronger growth in the world’s second-largest economy.Hindalco Industries, Tata Steel, JSW Steel, Jindal Steel and Power, Steel … Read more
Top Gainers Ending on December 29, the Nifty benchmark index wrapped up the week with a 2.2% gain across the last five trading sessions, settling at a closing value of 21,731 and achieving positive closures in four out of the last five sessions. ETMarkets identified five stocks in the Nifty50 index throughout the week that … Read more
The week that went by saw bulls having an early Christmas party on Dalal Street, as benchmarks Nifty50 and Sensex clocked their best weekly gains since mid-November. The Sensex rallied more than 1,600 points or 2.4% last week and ended at a record closing high of 71483.75 points on Friday. While the gains were broad-based … Read more