Technical Breakout Stocks: How to trade Garden Reach Shipbuilders, Cochin Shipyard and RVNL on Friday

Technical Breakout Stocks: How to trade Garden Reach Shipbuilders, Cochin Shipyard and RVNL on Friday

The Indian market hit a fresh record high on Thursday amid short covering following RBI’s record dividend payout to the government that could lead to better fiscal position and softer bond yields. The S&P BSE Sensex rose nearly 1,200 points to hit a record high of 75,499 while the Nifty50 closed at 22,967. “There was … Read more

Godrej Properties shares surge nearly 10% to record high. Should you invest?

Godrej Properties shares surge nearly 10% to record high. Should you invest?

Shares of Godrej Properties jumped 9.7% in today’s session on BSE to a new all-time high of Rs 2,816.90 after brokerages increased target prices for the stock following a 14% year-on-year (YoY) growth in its consolidated net profit at Rs 471 crore for the quarter ended March 2024. The realty player has clocked the highest … Read more

Nearly half of Nifty50 stocks emerge stronger than index from June lows

Nearly half of Nifty50 stocks emerge stronger than index from June lows

From the one-year low hit in June, the benchmark index Nifty50 has leapfrogged to a fresh record high in just 5 months even as the global macroeconomic situation remains uncertain and challenging. On Monday, the Nifty50 hit a record high of 18,614.25 points. The index had hit a one-year low of 15,183.40 points on June … Read more

Gold tops $2,000, India takes cues as price hits record of Rs 54,480 ex GST

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Mumbai: Gold futures October contract hit a record high of Rs 54,480 per 10 gm , before dipping a tad to Rs 54392 late night India time. The rise reflected the jump in overseas gold to $2002.5 an ounce. The August contract, which expires tomorrow, traded at.a premium of Rs 54,560, indicating that sellers could … Read more