Stocks/Share Market - Angel One

The domestic indices sustained their downward trend, affected by significant losses in the information technology, auto, banking, and financial services sectors. Furthermore, broader indices relinquished some of the gains made earlier in the trading session, reflecting the prevailing market weakness. Energy, power and utilities sectors showed resilience amidst the overall weak investor sentiment. At 10:45 …

On Wednesday, the benchmark indices were trading in the red with the Sensex down around 175 points or 0.25% at 73,340, while the Nifty-50 was down around 31 points or 0.14% at 22,272. About 2,121 shares have advanced; 1,256 declined and 153 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

On May 8, 2024, GTPL Hathway Limited informed the stock exchanges about the launch of Linear Television content on Connected TVs via TVKey Cloud, a joint solution developed by NAGRA and Samsung. The company stated this is a significant milestone for them as it unlocks new opportunities for viewers to access linear content. The service …

A Big Week for Oil Refining Companies Indian oil refining and fuel marketing giants, Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL), have announced key developments that could bring excitement to their shareholders. Both companies are set to hold board meetings on May 9 to discuss the issuance of bonus shares. What …

Muthoot Mercantile Limited issued secured, redeemable, non-convertible debentures (secured NCDs) from May 6, 2024 to May 17, 2024. The issue size is Rs 100 crore, with a base size of Rs 50 crore and a greenshoe option of another Rs 50 crore. Each NCD has a face value of Rs 1,000 and the minimum investment …

Gland Pharma Limited (Gland), a leading generic injectable-focused pharmaceutical company, has secured significant approval from the United States Food and Drug Administration (USFDA) for its Plerixafor Injection. This marks a strategic expansion of Gland’s oncology portfolio within the crucial US market. Approved Product Details The USFDA-approved Plerixafor Injection is available in a 24 mg/1.2 mL …

On May 07, 2024, Nifty 50 slipped 0.62%, closing at 22,302, and Sensex dropped 0.52%, closing at 73,511.  Top Gainers and Losers On the sectoral front, Nifty FMCG and Nifty IT ended in green. Meanwhile, Nifty Realty, Nifty Metal, Nifty PSU Bank and Nifty MidSmall Healthcare were declining. The top gainers were Marico, Godrej Consumer …

On May 7, 2024, Bharti Airtel informed the stock exchanges that the company has 0.6 million customers availing 5G services in Himachal Pradesh. The company has successfully completed the deployment of 5G service across all cities and districts in Himachal Pradesh. Airtel has experienced a notable surge in 5G user numbers over the last 6 …

On May 7, 2024, Shyam Metalics and Energy Ltd informed the stock exchanges about the start of operations at the newly acquired Ramsarup plant following its indirect acquisition through its wholly owned subsidiary, Shyam Sel and Power Limited, in May 2022. The company anticipates that this operational start will generate around 2000 job opportunities, both …

On Tuesday, the market experienced its third consecutive decline, resulting in a total market capitalization loss of Rs 10 lakh crore over the past three days. The Sensex decreased moderately by 0.52%, closing at 73,511.85, while the Nifty dropped by 0.62%, closing at 22,302.50. Among sectoral indices, Nifty FMCG and Nifty IT ended on a …