The benchmark equity indices, NSE Nifty 50 and BSE Sensex surged to new highs of 21,037.90 and 70,033.64, respectively, during early trade. However, they have since retraced and are currently trading in the red during intraday trading on Tuesday. The NSE Nifty 50 is trading at 20,956.50, down 40.60 points or 0.19%, while the BSE […]
Bajaj Auto, TVS Srichakra, Hero MotoCorp, Hindustan Aeronautics and Torrent Power are among 153 stocks that hit 52-week high; 10 touch 52-week low
The benchmark equity indices are trading in positive territory during intra-day trading on Tuesday. NSE Nifty 50 is trading at 19,876.50 up 80 points or 0.40%, while the BSE Sensex is trading at 66,103.09 up 133 points. The broader indices are trading largely in the green, with gains led by Midcap stocks. The Bank Nifty […]
Will Nifty stay rangebound around 19800? See GIFT Nifty, FII data, F&O ban, crude, more before market opens
GIFT Nifty traded at 19,858 up 8.5 points or 0.04%, indicating a lacklustre opening for domestic indices NSE Nifty 50 and BSE Sensex on Wednesday. Previously, on Tuesday, the NSE Nifty 50 gained 89 points or 0.45% to settle at 19,783.40, while the BSE Sensex added 275.63 points or 0.42% to 65,930.78. “Markets managed to […]
Religare says BHEL, Eicher Motors and GNFC among top stocks to watch, a break above 19500 may take Nifty towards 19850
By Ajit Mishra Markets have been consolidating in a range but rotational buying across sectors is helping the index to maintain a positive tone. Among the key sectors, the majority are participating inline the benchmark move wherein pharma and realty were among the top performers in recent weeks. Interestingly, the broader indices have been continu
Rupee appreciates by 2 paise to 83.30 against US dollar in early trade
The rupee edged up by 2 paise to 83.30 against the US dollar in opening trade on Thursday amid a correction in crude oil prices and gains in local equities. The US currency also weakened against its major global rivals which supported the rupee sentiment despite FII outflows, forex dealers said. At the interbank foreign […]
Mamaearth parent company Honasa surges 20% as Jefferies sees 25% upside
Honasa Consumer, the parent company of the popular beauty and personal care brand Mamaearth, witnessed a remarkable 20 percent surge in its shares, reaching Rs 422.5 per share on November 23. This surge follows the company’s impressive Q2 financial results, which revealed a doubling of net profit to Rs 30 crore. Jefferies, a leading financial [&hel
Gold Rates: MCX gold inches higher on weaker US Dollar, Treasury Yields; support is seen at Rs 62120-61850, resistance at Rs 62780-63000
Gold Price Today, Gold Price Outlook, Gold Price Forecast: MCX gold prices ascended on Tuesday, while Silver rates slipped 0.15%. On the Multi Commodity Exchange, gold February futures were trading at Rs 62,487 per gram, up Rs 118, or 0.19%. Silver December futures were trading down Rs 114 at 76054 per kg on the MCX. […]
Mamaearth shares hit upper circuit after strong Q2 show
Shares of Honasa Consumer, the parent entity of beauty and personal care brand Mamaearth, rallied 20% on Thursday, hitting its upper circuit limit, following a strong uptick in Q2 sales and a near-doubling of its profit. Honasa shares hit an all-time high of `423.75 on Thursday, rising 28% since its recent public listing. The company […]
PM Modi flags off first train of Delhi-Meerut RRTS service – See pics
1/10 Prime Minister Narendra Modi on Friday inaugurated the 17-km priority section of the Delhi-Meerut RRTS Corridor that seeks to redefine travel in the region. Modi showed the green flag to the ‘Namo Bharat’ train connecting Sahibabad and Duhai Depot stations, marking launch of the Regional Rapid Transit System (RRTS) in India. (PTI Photo) 2/10 N
‘Gas prices have stabilised for now,’ says Mahanagar Gas MD
Mahanagar Gas (MGL) is planning to foray into the compressed biogas segment with an under-construction plant in Mumbai set to be commissioned in less than two years. The company is also aiming to build six new LNG outlets by next year,Ashu Shinghal, the company’s managing director, toldArunima Bharadwajin an interview. The company will source LNG [