Stocks/Share Market - Angel One

On Tuesday, the market’s record run continued, with major indices ending at life highs. The Sensex, Nifty, and Midcap Index all hit new records. The market cap of BSE-listed companies reached an all-time high of Rs 437 lakh crore. The Sensex gained 0.4%, reaching its all-time high of 77,366.78, while the Nifty rose by 0.39%, …

The Department of Telecommunications (DoT) has taken a significant step towards “Jai Anusandhan” (meaning “National Innovation”) by announcing two crucial calls for proposals. These initiatives aim to accelerate innovation and technological advancements within the Indian telecommunications sector. Fostering a Culture of Innovation These proposals categorised as “5G Intelligent Village” and “Quantum Encryption Algorithm,” aim to …

Larsen & Toubro’s (L&T) Buildings & Factories (B&F) vertical has further solidified its position as a leading construction player in India by securing significant new orders. These projects showcase the B&F team’s diverse expertise and commitment to delivering high-quality facilities within demanding timelines. Building a World-Class Healthcare Facility One of the key wins involves the …

During Tuesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Motherson Sumi Wiring India Ltd Motherson Sumi Wiring India Ltd closed at Rs 78.85, up 6.68% from the previous close of Rs 73.91. The stock is currently trading close to its 52-week high …

The electric vehicle (EV) sector in India has witnessed remarkable growth over the past few years, driven by advancements in technology, government policies, and increasing consumer interest in sustainable transportation solutions. As the sector matures, it presents a compelling opportunity for investors looking to capitalise on this megatrend. Here we spread some light on the …

On June 18, 2024, ABB India announced significant energy savings achieved through its IEC LV Motors across Indian industries. Over the past five years, ABB India’s installed base of LV Motors has saved approximately 500 gigawatt-hours (GWh) of energy annually. This amount of energy savings is equivalent to the annual energy consumption of Sikkim, a …

Mahindra & Mahindra (M&M) reached a significant milestone on June 18, 2024, as its shares touched the Rs 3,000 mark for the first time. This achievement is a testament to the company’s robust performance and investor confidence. Just a few days earlier, on June 14, 2024, M&M surpassed Tata Motors in market capitalisation, reaching Rs …

On June 18, 2024, Piramal Capital & Housing Finance Ltd, a major financial services company and a subsidiary of Piramal Enterprises Limited, announced that it had crossed the milestone of ₹50,000 crore in assets under management (AUM) for retail loans. Piramal Finance operates under the Piramal Finance brand. It has developed a range of financial …

Coforge Limited, a leading global digital services and solutions provider, has been recognised for its exceptional work in intelligent automation by Pegasystems, the industry leader in enterprise AI decisions and workflow automation platforms. Coforge received the prestigious Intelligent Automation award at the PegaWorld iNspire Partner Excellence Awards ceremony held today in Las Vegas. Transforming Insurance …

On June 18, 2024, Veranda Learning Solutions Limited informed in a stock exchange filing that its subsidiary, Veranda XL Learning Solutions, had signed a Memorandum of Understanding (MoU) with Sri Krishna Arts and Science College in Coimbatore. This collaboration aims to offer a B.Com course enhanced with ACCA (Association of Chartered Certified Accountants) accreditation. Veranda …