Markets

[ad_1] In the Nifty500 index, 120 stocks have given multibagger returns in FY24, which means at least 100 percent gains. Meanwhile, just 51 stocks (10 percent) from the index were in the red in the current financial year. Top Gainers BSE was the top gainer in the Nifty500 index, soaring 521 percent, followed by IRFC and Suzlon Energy, which skyrocketed 462 percent and 444 percent, respectively. HUDCO, MRPL, Cochin…

[ad_1] Buy or sell stocks: Despite a strong rally in PSU bank stocks, shares of State Bank of India (SBI) remained a laggard. However, the SBI share price has delivered strong upside movement in the last two months. SBI share price has risen from around ₹605 to ₹753 apiece level, logging around 25 percent rise in this time. However, Nifty 50 and Nifty Bank major HDFC Bank shares continue…

[ad_1] Stock Market Holiday for Good Friday Indian stock, bond, and commodity markets will remain shut for operations today. Good Friday is here and it will be observed ahead of Easter 2024. This year Good Friday is on March 29, i.e. today. Indian stock, bond, and commodity markets will remain shut for operations today. The truncated week saw only three trading sessions. On Monday, March 25, equity markets were…

[ad_1] Stock market holiday: On account of Good Friday 2024, trading at BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) will remain closed on 29th March 2024 i.e. today. So, the Indian stock market today will remain closed for the entire session and now it will resume trading on Monday at its usual timings. This means, there will be no action taking place at the BSE and NSE.…

[ad_1] Domestic brokerage firm Anand Rathi has initiated coverage on Suzlon Energy and Inox Wind, assigning them ‘Buy’ ratings. This move comes in light of the renewed attention on the wind-energy sector driven by the government’s ambitious growth agendas. “We initiate coverage of these two companies, with Buy ratings, at TPs of respectively Rs49 (35x FY26e PE) and Rs590 (30x FY26e PE),” the brokerage firm said. The firm has…

[ad_1] The benchmark Nifty and Sensex indices rose 31% and 27% respectively during the year, their best gains in three years; However, the bigger stars were the smaller stocks — the Nifty Midcap 100 and the Nifty Smallcap 250 which roared ahead 64% and 68%, an upsurge which has attracted the attention of regulators and market experts. On Thursday, both Nifty and Sensex closed 0.9% higher at 22,326.90 and…

[ad_1] Gold prices continued to surge on Thursday, poised to achieve their most substantial monthly increase in over a year. This surge was fueled by robust safe-haven demand, anticipation of U.S. interest rate cuts, and increased central bank purchases. As of 10:20 a.m. EDT (1420 GMT), spot gold rose by 0.5% to reach $2,204.99 per ounce. This performance puts it on track for its most impressive month since November…

[ad_1] Astra Microwave Products Share Price Today: Shares of Astra Microwave Products rallied over 14 per cent in afternoon deals on Thursday, March 28, after the electrical products company bagged an order worth ₹385.58 crore from Bharat Heavy Electricals Ltd (BHEL). The smallcap company won the order from the Maharatna public sector undertaking (PSU) for the supply of MPR sub-systems. The expected time period for the completion of orders…

[ad_1] Crizac Limited, a student recruitment solution provider headquartered in Kolkata, has submitted a draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) to initiate the process of raising capital through an initial public offering (IPO). The IPO comprises an offer for sale of equity shares at a face value of ₹2 each, totaling up to ₹1,000 crore by the promoter selling shareholders. This…

[ad_1] Extending its previous day’s rally, the 30-share index jumped 655.04 points or 0.90% to settle at 73,651.35. File. | Photo Credit: Vivek Bendre Benchmark equity indices Sensex and Nifty ended the last day of trade of the 2023-24 fiscal on a bullish note on March 27, driven by heavy buying in power, auto and banking stocks amid a positive trend in global markets. Extending its previous day’s rally,…

[ad_1] The steel industry has been bogged down by price pressures for a while now. The average price of domestic (HRC) steel dropped for the sixth time in a row in March to ₹52,857 per tonne, according to market intelligence platform BigMint. Weak demand in global markets is a key factor weighing on domestic prices. Respite in the near term appears unlikely as delayed economic recovery and a drop…

[ad_1] Zerodha Mutual Fund crosses Rs 1,000-crore assets under management within just 40 days of launch. It’s a reflection of the growing appetite for index-based investment products and we are grateful for all the feedback & ideas, says Vasanth Kamath, associate director at the fund house Zerodha Mutual Fund on Thursday said it has crossed Rs 1,000 crore in assets under management (AUM) within just 40 days of launch.…

[ad_1] Indian stock markets witnessed a strong rally in Thursday’s trading session, which happens to be also the last trading session for the week, month and the financial year. The Sensex surged 900 points higher while Nifty50 topped the 22,400 mark. The combined market capitalisation of all listed stocks on BSE jumped by Rs 2.74 lakh crore to Rs 386.38 lakh crore. In the process, the benchmark indices were…

[ad_1] Global crude oil prices traded higher on Thursday, fuelled by ongoing supply concerns amid speculation that OPEC and its allies, including Russia, will maintain oil production cuts until a crucial meeting in June. At 1:10 pm, the May contract of Brent on the Intercontinental Exchange traded 0.4% higher at $86.43 a barrel, while West Texas Intermediate (WTI) futures rose 0.52% to $81.77 a barrel. The outlook for the…

[ad_1] TAC Infosec IPO: Check Subscription Status, GMP Today. Unlisted shares of TAC Infosec Ltd are trading Rs 103 higher in the grey market, expecting a 97.17 per cent listing gain from the public issue TAC Infosec IPO: The initial public offering of TAC Infosec Ltd, which was opened for public subscription on March 27, has received a whopping response from investors. Till 12:27 pm on the second day…

[ad_1] The two wheeler and Passenger Vehicles sales are likely to see their strong sales volume growth momentum continue in the month of March too. The Two wheeler sales momentum caught pace starting November and has continued ever since. Some recovery in rural demand has also helped though base during the month of March was slightly high led by festival season mismatch . For passenger vehicles the trend too…

[ad_1] Representational image of share brokers watching stock prices at BSE Sensex and NSE Nifty at Calcutta Stock Exchange in Kolkata | Photo Credit: PTI Benchmark equity indices climbed in early trade on Thursday, extending their previous day’s rally, on foreign fund inflows and positive trend in the U.S. markets. The 30-share BSE Sensex climbed 342.48 points to 73,338.79 in early trade. The NSE Nifty went up by 96.25…

[ad_1] Last Updated: March 28, 2024, 09:35 IST Sensex Today: Indian equity benchmark indices started the last trading day of the week and month on a positive note. Tomorrow, Friday, markets will be closed on account of Good Friday holiday. The S&P BSE Sensex opened 150 points higher and quoted around 73,150 levels. The Nifty 50 was seen moving towards 22,200 levels. The Nifty so far in March has…