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
Suzlon Energy shares continued their upward trajectory on Saturday, hitting a high of Rs 61.05 on the BSE in intraday trading, after surging 21.5% in four consecutive sessions after reporting impressive third-quarter results. Suzlon reported a stellar 90% year-on-year (YoY) increase in net profit, reaching Rs 386.92 crore for the quarter ended December 31, 2024. … Read more
BSE Midcap index has produced 12 gems since last Diwali, each delivering multibagger returns with 26 others yielding double-digit returns of 50% or more. There are 19 duds as well in the pack of 192 stocks which have fallen by up to 50% during this period. The 12 multibaggers are Indian Renewable Energy Development Agency … Read more
Suzlon Energy has been issued an advisory cum warning letter from both the National Stock Exchange (NSE) and BSE Ltd, regarding non-compliance with the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements. These warnings are issued in respect to the company’s handling of disclosures related to the resignation of Independent Director, … Read more
This year’s Budget, set against the backdrop of a coalition government and the Modi administration’s reduced majority, promises to be particularly impactful. Here’s an in-depth look at which industries might gain or lose from the upcoming budget, along with practical advice for investors. Coalition Government’s Influence on the Budget The nature of coalition politics often … Read more
While Nifty ended with modest weak-on-weak gains of 0.4%, the truncated trading week was laden with top action where over three dozen companies from large, mid and smallcap segments witnessed prominent block deals worth Rs 40,543 crore on screen, which included both buying and selling. In the largecap segment, 15 companies witnessed significant block deals … Read more
Jun 17, 2024, 01:36:38 PM IST In its latest mutual funds analysis, ETMarkets has highlighted stocks that saw a significant increase in the number of shares held by mutual fund holdings in May from the month of April. Approximately 36 stocks observed an increase of over 1 crore shares in May. To further narrow down … Read more
Jun 15, 2024, 01:51:43 PM IST Eleven pure equity mutual funds added a total of 31 new stocks in May across market capitalisations. They also increased their holding in 33 stocks during the month, according to a Nuvama note. Together they have bought shares worth Rs 47,700 crore, the note said. A look into which … Read more
Mumbai: Shares of most companies in the power space are at all-time highs helped by the recent uptick in demand, an improvement in pricing trends, and pick-up in industrial demand. Shares of Torrent Power, NTPC and Power Finance Corp hit their lifetime highs on Wednesday, while REC hit its lifetime high earlier this month. Renewable … Read more
Nine new stocks will be part of the MSCI India Index as the rejig comes into effect from Thursday. These stocks are IndusInd Bank, Suzlon Energy, Persistent Systems, APL Apollo, Polycab, Macrotech Developers, Tata Motors A, One 97 Communications (Paytm), Tata Communications. Moreover, seven stocks viz. Zomato, Hindustan Aeronautics (HAL), Jio Financial Services, Vedanta, PFC, … Read more