Shares of Hitachi Energy climbed about 10% on Monday to Rs 12,812 on BSE after the company secured a project order from Power Grid Corporation in partnership with state-owned engineering firm BHEL. The order is to design and execute the 800kV, 6,000 MW, 1,200 km High Voltage Direct Current (HVDC) terminal stations to evacuate renewable … Read more
Nifty ended April derivative series higher by 1.1% in which market-wide rollovers were marginally higher as compared to the previous month and stood at 93.2% vs 92.9% last expiry. Thursday’s session saw Kotak Mahindra Bank shares ending 11% lower at Rs 1,643 on NSE while Hitachi Energy India shares ended nearly 14% up at Rs … Read more
The Indian market closed in the green for the fifth consecutive day on Thursday, tracking positive global cues. The S&P BSE Sensex rallied nearly 500 points, while the Nifty50 closed above 22,500 levels. Sectorally, buying was seen in auto, power, healthcare, metals, and public sector stocks, while selling was witnessed in realty and consumer durable … Read more
The Indian market closed in the green for the third consecutive day. The S&P BSE Sensex rose more than 200 points, while the Nifty50 closed above 19,400 levels. Sectorally, buying was seen in banks, metal, public sector, and consumer durables, while selling was seen in power, FMCG, and oil & gas stocks. Stocks that were … Read more
” Real estate essentially is a sector which is really poised for much better times. We think with softening in commodity prices and inflation lowering, interest rates probably have either peaked out or are likely to kind of trend lower which I think is going to be a stimulus or a catalyst for the real … Read more