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Stocks/Share Market - Angel One

Keep Defence Stock BEL on Your Watchlist as It Nears Breakout

Keep Defence Stock BEL on Your Watchlist as It Nears Breakout

17 May 2024

Nifty 50 Index Climbs Above Key Level On Thursday, the NSE benchmark Nifty 50 index successfully closed above the 22,400 mark, accompanied by a slight dip in the volatility index. The sustainability of this upward momentum could pave the way for further gains towards the 22,600 level and beyond. The participation of major players in …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for May 17

Overnight Digest: Top 5 mid and small-cap stocks to watch out for May 17

16 May 2024

Thursday witnessed a significant market recovery on the weekly expiry, with indices ending the session at day’s highs. The Sensex surged by 0.93%, closing at the level of 73,663.72, while the Nifty reclaimed the 22,400 mark, registering a gain of 0.92% and closing at 22,403.85 Among sectors, Nifty IT, Nifty Realty, and Nifty Media closed …

Performance Analysis of Bearing Stocks: Opportunities Amidst Global Expansion

Performance Analysis of Bearing Stocks: Opportunities Amidst Global Expansion

16 May 2024

Bearing stocks have emerged as focal points for investors eyeing opportunities in India’s burgeoning automotive sector. A comprehensive analysis of the performance metrics of leading bearing companies provides valuable insights into investment prospects amidst the country’s evolution into a global export hub for automobiles. S.No. Name CMP Rs Mar Cap Rs crore P/E 5Yrs PE …

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

16 May 2024

During Thursday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Windsor Machines Ltd Currently trading at Rs 93.1, Windsor Machines Ltd saw a significant uptick of 9.47% from its previous close, reaching Rs 94.2. This surge accompanied a notable spike in traded volume, …

InfoEdge Released Q4 FY2024 Results: Revenue Surged ~8%

InfoEdge Released Q4 FY2024 Results: Revenue Surged ~8%

16 May 2024

On May 16, 2024, Info Edge India Limited released its consolidated financial results for the quarter ended March 31, 2024. For the quarter that ended on March 31, 2024, Info Edge (India) Limited reported a 7.9% increase in its Revenue from Operations, reaching ₹608.3 crore on a standalone basis, up from ₹564.0 crore in the …

Nifty Infra Index: A Look at The Performance of Indian Infrastructure Companies

Nifty Infra Index: A Look at The Performance of Indian Infrastructure Companies

16 May 2024

The Indian government has prioritized infrastructure development to bolster economic growth, enhance connectivity, and improve the quality of life for its citizens. Several initiatives focus on modernizing transportation networks, upgrading urban amenities, and expanding digital infrastructure. These efforts are fostering inclusive and sustainable development across the nation. Nifty Infra Index constituents’ performance Over the past …

Aurionpro Transit Enables Google Wallet Integration for Commuters

Aurionpro Transit Enables Google Wallet Integration for Commuters

16 May 2024

On May 16, 2024, Aurionpro Solutions Limited informed the stock exchanges that the company’s subsidiary, Aurionpro Transit Pte Ltd, enabled the integration of its app-based and ORS ticketing solution with Google Wallet. The company stated that passengers can now effortlessly plan and utilise public transportation. After acquiring a ticket, commuters can save it in Google …

Navigating Prosperity: Decoding Macro Data for Retail Investors

Navigating Prosperity: Decoding Macro Data for Retail Investors

16 May 2024

In the bustling marketplace of investment decisions, where waves of uncertainty crash against the shores of opportunity, retail investors need a reliable tool to guide them through the turbulence of a volatile marketplace. In the complex world of investments, access to tools that provide credible information is the cornerstone of informed decision-making. One such tool …

Persistent Systems Attains Premier Services Partner Status with Snowflake

Persistent Systems Attains Premier Services Partner Status with Snowflake

16 May 2024

On May 16, 2024, Persistent Systems informed the stock exchanges that it had attained Premier Services Partner status with Snowflake, the leading Data Cloud provider. This Premier Services Partner status will enable Persistent Systems to expedite clients’ data transformations, harnessing the Snowflake Data Cloud’s agility, precision, and scalability. This milestone reaffirms Persistent Systems’ dedication to …

Rushil Decor’s Strategic Entry into the South American Market

Rushil Decor’s Strategic Entry into the South American Market

16 May 2024

On May 16, 2024, Rushil Decor announced its strategic expansion into South America in a stock exchange filing. Rushil Decor, which has already exported to more than 50 countries, aims to enter one of the world’s largest Medium-Density Fiberboard (MDF) markets. Mr Rushil Thakkar, Executive Director, expressed optimism about expanding within the lucrative global wood …

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