Indian equity markets saw selling pressure on Tuesday, with the Nifty struggling to stay above 25,100. Midcap and smallcap stocks were particularly weak. Market Expert Vinay Rajani on the Current Market: “We have seen selling pressure in midcap and smallcap segments. The Smallcap 100 index has formed a bearish engulfing pattern, which is a caution … Read more
Nearly 748 companies will announce their quarterly earnings this week. Key results to watch out include from Asian Paints, Titan, Airtel, Power Grid, Divi’s Labs, Tata Power, Torrent Power, Info Edge, Swiggy, SBI, ITC, Trent, Britannia, LIC, M&M, NHPC, Oil India among others. Here’s what to look forward to on the earnings front: February 3 … Read more
The National Stock Exchange of India (NSE) on Tuesday, January 7 announced the addition of six securities in the Futures & Options (F&O) with effect from January 31, 2025. The stocks that will be included are Castrol India, Gland Pharma, NBCC, Phoenix, Solar Industries India and Torrent Power. The inclusions are based on the stock … Read more
Torrent Power on Monday said its Rs 3,500 crore qualified institutional placement (QIP) issue was oversubscribed four times. The issue received bids of about Rs 14,000 crore against the base issue size of Rs 3,500 crore, a company statement said. The issue garnered significant response from investors, including domestic mutual funds, global investors and insurance … Read more
Torrent Power on Monday announced opening of its qualified institutional placement (QIP) issue and the company has set the floor price at Rs 1555.75 per equity share. The issue price will be determined by the company in consultation with the book running lead managers (BRLMs) at a later date. The company with its discretion offers … 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
The fund house has 87 mutual fund schemes. Here are its top 10 stock holdings, according to a report by Motilal Oswal Financial Services. Source link
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
Equity markets had a positive start to the week, but the sentiments were dampened after the central bank left the key rates unchanged, opting for a more cautious stance on inflation. During the week as many as 75 smallcap stocks delivered double-digit weekly returns with four of them rallying over 25%. Greenlam Industries was the … Read more
“But I think technically speaking, as long as we are above 18600, Nifty should be fine. Dips should get bought into and what we also have to see is globally markets are also fine,” says Rahul Sharma, JM Financial Services.It is a growth oriented policy, yes. They brought down inflation expectation just a bit but … Read more