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Upper Circuit Stocks Today – 03 May, 2024

Upper Circuit Stocks Today – 03 May, 2024

3 May 2024

On Friday, the benchmark indices were trading in the red with the Sensex down around 200 points or 0.25% at 74,435, while the Nifty-50 was down around 22 points or 0.10% at 22,628. About 1,578 shares have advanced; 1,935 declined and 174 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

Market Movers: Here Are Today’s High-Volume Buzzers!

Market Movers: Here Are Today’s High-Volume Buzzers!

3 May 2024

Bajaj twins, Bajaj Finance and Bajaj Finserv, spearheaded today’s gains, propelling the indices closer to their all-time highs on the bourses. Additionally, power, metal, and utilities sectors emerged as other leading gainers, with all sectoral indices posting notable gains. The initial gains were considerably reduced later on. At 10:10 am, the BSE Sensex added 0.08% …

RBI Removes Restrictions on Digital Lending for Bajaj Finance

RBI Removes Restrictions on Digital Lending for Bajaj Finance

3 May 2024

Bajaj Finance Limited is an Indian non-banking financial company headquartered in Pune. It is one of the leading Non-Banking Financial Companies in the country, It is a subsidiary of Bajaj Finserv engaged in lending and accepting deposits. The company has a customer base of around 83.7 million and holds assets under management worth more than …

Hindustan Motors Locked at Upper Circuit – Multibagger Stock in 4 Months

Hindustan Motors Locked at Upper Circuit – Multibagger Stock in 4 Months

3 May 2024

The calendar year 2024 has been a roller coaster ride for the stock market. Market participants have faced uncertainties due to a mix of potential rate cuts and geopolitical issues. However, a resilient domestic economy has kept investor morale high. As a result, the NSE benchmark Nifty 50 index is up about 4.83% and reached …

Coforge Makes Strategic Move With Acquisition of 54% Stake in Cigniti

Coforge Makes Strategic Move With Acquisition of 54% Stake in Cigniti

3 May 2024

Coforge Limited, a leading IT services provider known for its end-to-end software solutions, announced a strategic acquisition on May 2nd, 2024. Coforge entered into a share purchase agreement with promoters and select public shareholders of Cigniti Technologies Limited, aiming to acquire a significant stake in the company. Acquisition Scope Target Stake: Coforge seeks to acquire …

Share Market Pre Open Updates – May 03, 2024

Share Market Pre Open Updates – May 03, 2024

3 May 2024

On May 02, 2024, Nifty 50 and Sensex rose 0.19% and 0.17% to 22,648 and 74,611, respectively. Foreign Institutional Investors (FII) sold securities worth around ₹964 crore, while domestic investors bought shares worth ₹1,352 crore. Top Gainers and Losers On the sectoral front, Nifty Auto, Nifty Metal, Nifty Pharma, and Nifty Financial Services 25/50 ended …

5 companies with exciting New Product Launches in 2024

5 companies with exciting New Product Launches in 2024

2 May 2024

In 2024, the commercial environment is continuously changing with the creation of new items as well as strategic alliances that are shaping industries from electronics to finance. Below are 5 firms that have launched recent cutting-edge items or partnered anew with an aim to transform their particular markets. 1. HPL Electric & Power Ltd Launches …

Overnight Digest: Top 5 Mid and Small-cap Stocks to Watch Out for May 03

Overnight Digest: Top 5 Mid and Small-cap Stocks to Watch Out for May 03

2 May 2024

Benchmark indexes had a good trading day on Thursday, with the Sensex closing at 74,611.11 after a modest 0.17 percent increase and the Nifty closing at 22,648.20 after a 0.19 percent gain. In a similar vein, the Broader market saw modest increases as Nifty Mid-cap ended the day up 0.44 percent and Nifty Small-cap saw …

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

2 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. Jaiprakash Power Ventures Ltd Today, Jaiprakash Power Ventures Limited showcased promising movement, with the stock currently trading at Rs 20.05 after opening at a high of Rs 20.5. The trading volume spiked to …

Yes Bank Valuation Turns Expensive, Markets Expect a Fall

Yes Bank Valuation Turns Expensive, Markets Expect a Fall

2 May 2024

Yes Bank is engaged in offering a range of financial products and services, including digital solutions. Its investment banking, merchant banking, and brokerage operations are managed by its subsidiary, YES Securities. The bank has strengthened its financial position this quarter, although its profitability is still hindered by an inefficient RIDF.  Key Financial Points  Yes Bank …

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