stock market

[ad_1] Shares of financial firm Blue Chip India have given stellar returns to their investors in the last 1 year. This penny stock has soared 671 percent in this period, from ₹0.35 in March 2023 to currently trade at ₹2.7. Meanwhile, in the last 4 years, since March 2020, the stock has given multifold returns, skyrocketing 2600 percent from ₹0.1. However, in 2024 YTD, the stock is up just…

[ad_1] File. | Photo Credit: Paul Noronha Stock markets started the new fiscal on a high with benchmark Sensex and Nifty scaling fresh record high levels in intra-day trade before settling in the green on April 1, backed by firm trends in Asian markets and foreign fund inflows. Extending its winning momentum to the third day in a row, the 30-share BSE Sensex jumped 363.20 points or 0.49 per…

[ad_1] The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 22,530 level, a premium of nearly 40 points from the Nifty futures’ previous close. On Thursday, the domestic equity indices ended sharply higher amid positive global cues, with the benchmark Nifty 50 closing above the 22,300 level. The Sensex spiked 655.04 points to close at 73,651.35, while…

[ad_1] Stock market holidays in April 2024: After the end of a truncated week, the Indian stock market is all set to enter the new financial year on Monday. Monday next week will be the first trade session of FY25. However, at the beginning of a new month and a fiscal, it is important to know that there will be two stock market holidays falling in April 2024. As…

[ad_1] Gold prices in India maintained its shine during the financial year 2023-2024 driven by escalating geopolitical crises worldwide. Volatility in the yellow metal prices also remained high led by slowing growth in advanced economies and monetary tightening by global central banks amid high inflation. Gold has historically been viewed as a safe-haven asset as investors tend to flock to it during times of economic uncertainty or geopolitical instability.…

[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] 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] The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 22,050 level, a discount of nearly 40 points from the Nifty futures’ previous close. On Tuesday, the domestic equity indices snapped their three-day gaining streak and ended half a percent lower, with the Nifty 50 holding 22,000 level. The Sensex declined 361.64 points to close at 72,470.30,…

[ad_1] Penny stock Lloyds Enterprises has posted multibagger returns in the last 4 years, rising from ₹1.19 in March 2020 to around ₹28.8 currently. This implies a return of almost 2337%. An investment of ₹1 lakh in this stock in March 2020 would have turned into over ₹24 lakh now. Lloyds Enterprises Limited trades in iron and steel products in India. It also designs and manufactures heavy equipment, machinery,…

[ad_1] Asian markets are mixed and the US market took a breather after a rally sparked by optimism over the US Federal Reserve’s interest rate cuts. The Indian stock market was closed on Monday on account of the Holi festival. The markets will also remain shut on Friday, March 29, on account of Good Friday. On Friday, the domestic equity benchmark indices ended with modest gains, extending the positive…

[ad_1] After experiencing a prolonged downward trend from October 2021 to March 2023, the company’s shares experienced a notable rebound in the subsequent month. Since then, they have consistently followed an upward trajectory, surging from ₹920.70 to the current trading price of ₹1,902.  Also Read: Holi 2014 to Holi 2024: Nifty 50 zooms over 200%, these 14 stocks skyrocket 3,900% This remarkable turnaround has rewarded its shareholders with an impressive…

[ad_1] Top News SEBI in a circular launched beta version of T+0 settlement cycle on an optional basis in the equity cash market, for a limited set of 25 scrips with a limited number of brokers. This option will be available for trades done only till 1.30 pm starting from Mar 28, 2024. SEBI instructs AMCs to cease accepting new investments in funds targeting investment in overseas ETFs effective…

[ad_1] Stock market holidays in March 2024: The Indian stock market will have a truncated week ahead as trading activities on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain closed for two sessions next week. As per the stock market holidays 2024 list, which is available on the BSE website, the Indian stock market will remain closed on Monday, 25th March 2024 for the…

[ad_1] Recent developments have shown promise for Paytm, as it obtained approval from the National Payments Council of India (NPCI) to operate as a third-party app, allowing it to function similarly to competitors like Google Pay and PhonePe. Moreover, Paytm has forged partnerships with Axis Bank, HDFC Bank, SBI, and Yes Bank to facilitate seamless business migration, indicating proactive measures to address operational concerns. The brokerage has retained its…

[ad_1] On March 21, the leading IT services provider globally revised down its revenue forecast for fiscal year 2024, citing economic uncertainty. This adjustment comes as clients have scaled back spending on consulting services. Accenture’s updated outlook now anticipates full-year revenue growth to range between 1 percent to 3 percent, a reduction from its earlier projection of 2 percent to 5 percent. Read here: Accenture secures $1.1 billion GenAI…

[ad_1] The initial public offering (IPO) of Krystal Integrated Services Ltd opened for subscription on March 14 and closed on March 18, receiving strong demand from investors. With the Krystal Integrated Services IPO allotment fixed, investors can check if they have been allotted any shares in the offer. The Krystal Integrated Services IPO allotment date was March 19 and the equity shares of the company will be listed on…

[ad_1] In a recent note, analysts at Jefferies said that they expect the hotel industry will conclude FY24 on a high note, with continued momentum in Revenue per Available Room (RevPAR) expected to extend into FY25. As per the brokerage, the key drivers propelling this growth include supportive macroeconomic conditions, with hotel demand surpassing supply growth. Additionally, the industry’s focus on pricing strategies, premiumization, and the enduring appeal of…

[ad_1] From the Sensex basket, Tata Steel jumped more than 5%. Mahindra & Mahindra, JSW Steel, Tata Motors, Axis Bank, Sun Pharma, Reliance Industries and Maruti were the other biggest gainers. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty closed marginally higher in a volatile trade on March 18 as cautious investors preferred to remain on the sidelines ahead of the U.S. Fed interest rate decision this…