Stocks/Share Market - Angel One

Yesterday, the Reserve Bank of India (RBI) lifted the restriction it had placed on the Bank of Baroda (BoB) regarding onboarding new customers through its mobile app ‘Bob World’. This decision comes over six months after the RBI initially imposed the restriction in October 2023 due to significant supervisory concerns. RBI’s Initial Curbs Utilizing its …

In a significant move towards bolstering India’s clean energy transition, NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Limited, India’s largest power utility, signed a Memorandum of Understanding (MoU) with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) on May 8, 2024. This strategic collaboration marks a crucial step forward in developing …

L&T is an Indian Multinational Company engaged in EPC projects, Hi-Tech Manufacturing and services, It is one of the largest companies in India with a market capitalisation of more than Rs.4.5 Lakh Crores, Yesterday the company reported its Q4 results which were in line with but the weak guidance from the management has shifted the …

On May 08, 2024, Nifty 50 closed at 22,302.50, and Sensex dropped 0.06%, closing at 73,466. Top Gainers and Losers On the sectoral front, Nifty Oil & Gas, Nifty Auto, Nifty Metal and Nifty PSU Bank ended in the green. Meanwhile, Nifty Private Bank, Nifty Bank, Nifty Financial Services and Nifty IT were declining. The …

Company Overview Founded in 1884, Dabur India Ltd. stands as a stalwart in the fast-moving consumer goods industry. Based in Ghaziabad, India, the company operates across diverse segments, including Consumer Care Business, Foods Business, and Others. Its extensive product portfolio encompasses home care, personal care, health care, packaged fruit juices, beverages, and culinary items. Market …

Company Overview Chalet Hotels Ltd., founded on January 6, 1986, operates as a prominent player in the hospitality industry in India, with additional interests in real estate and retail. Headquartered in Mumbai, the company’s main business segment involves hotel operations, complemented by residential real estate sales and commercial property leasing. Market Performance and Technical Analysis …

On Wednesday, benchmark indices concluded the trading day on a flat note, with the Sensex marginally declining by 0.06% to close at 73,466.39, while the Nifty closed unchanged at 22,302.50. Nifty Auto, Nifty Energy, and Nifty Metal closed as Top gaining sectors, whereas Nifty Bank, Nifty Financial Services, and Nifty IT were among the top …

During Wednesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Peninsula Land Ltd Peninsula Land Ltd has shown significant market activity with its stock price peaking at Rs 64.7 today before settling at Rs 61.15, which marks a sharp rise of 12.62% from …

Canara Bank, one of India’s leading public sector banks, recently released its financial results for the fourth quarter of the fiscal year 2023-24. The bank’s performance metrics provide valuable insights into its operational efficiency, asset quality, and strategic initiatives. Global and Domestic Business Expansion Canara Bank’s global business flourished in Q4 FY24, registering an expansion …

On May 8, 2024, Radico Khaitan informed the stock exchanges that the company’s brand, Jaisalmer Indian Craft Gin, leads India’s luxury craft gin space with about 50% market share, contending against the international brands. The company stated that launched in 2018, Jaisalmer Indian Craft Gin stands as a testament to the company’s dedication to quality …