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Share Market Pre Open Updates – 31 Jan 2024

Share Market Pre Open Updates – 31 Jan 2024

30 January 2024

The Indian stock market closed lower on January 30, 2024 due to volatility in the market. The benchmark indices, Nifty 50, closed at 21,522  with a fall of 0.99%, and Sensex fell 1.11% to 71,139. As per experts, Nifty 50 could witness selling pressure at the 21,800 level. On January 29, 2024, FIIs sold securities …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for January 31

Overnight Digest: Top 5 mid and small-cap stocks to watch out for January 31

30 January 2024

On Tuesday, the major indices witnessed a negative trend with Sensex closing down by 1.11% at 71,139.90, and Nifty falling by 0.99% to 21,522.10. In the broader market, the Nifty Midcap declined by 0.39%, while the Nifty Small cap saw a marginal rise of 0.23%. Market volatility, gauged by India VIX, increased by 2.69%. Nifty …

Best Gold ETFs in India to Invest in 2024

Best Gold ETFs in India to Invest in 2024

30 January 2024

Gold has been a trusted investment for centuries in India. In times of economic uncertainty, investors often turn to this precious metal for stability and value retention. Gold Exchange Traded Funds (ETFs) are a modern and convenient avenue for investing in the yellow metal. In this article, check the best gold ETFs in 2024.  What …

How to Pick the Right Multi-Bagger Stock 2024

How to Pick the Right Multi-Bagger Stock 2024

30 January 2024

Multi-bagger stocks are those that see a rise in prices multiple times since you first invested in them. If you invested in a stock for ₹5 and its price has doubled, it becomes a two-bagger. If it keeps on adding up to further multiples of ₹5 like ₹25, ₹55 or ₹105 then it becomes a …

Breakout stocks of the day: Indian Bank and IDFC First Bank

Breakout stocks of the day: Indian Bank and IDFC First Bank

30 January 2024

With price volume support, Indian Bank and IDFC First Bank are strong bullish breakout potential stocks. The stock prices have displayed a broadening wedge breakout and bounce back from 200-day EMA formation, and both presently trading at Rs 494 and Rs 82. The breakout and pullback align with positive signals from technical indicators such as …

L&T wins a mega EPC order for establishing the largest renewable generation plant in UAE

L&T wins a mega EPC order for establishing the largest renewable generation plant in UAE

30 January 2024

About the Order The Renewable EPC arm of Larsen & Toubro’s Power Transmission & Distribution business has been chosen as the turnkey Engineering, Procurement and Construction contractor to establish an 1800MWac Solar Photovoltaic Plant in Dubai, United Arab Emirates. The project is the sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park, Dubai …

Bonus share bonanza: These stocks are issuing bonus shares in February 2024

Bonus share bonanza: These stocks are issuing bonus shares in February 2024

30 January 2024

A bonus issue is a corporate activity wherein a business gives its present shareholders extra shares based on their current shareholdings at no additional cost. The amount of bonus shares that a shareholder receives depends on how many shares they currently possess. Usually, the goal of the bonus issue is to capitalise on the company’s …

Multibagger stock Suzlon bags a 642 MW order from a joint venture of Brookfield and Axis Energy

Multibagger stock Suzlon bags a 642 MW order from a joint venture of Brookfield and Axis Energy

30 January 2024

Suzlon Group, India’s one of the renewable energy champions, has secured a massive order for 642 MW of wind turbines from Evren, a joint venture between Brookfield and Axis Energy. This landmark project, located in Andhra Pradesh, will utilize 214 of Suzlon’s powerful 3 MW turbines, each boasting a Hybrid Lattice Tubular tower and the …

Upcoming Dividend Paying Stocks in February 2024

Upcoming Dividend Paying Stocks in February 2024

30 January 2024

A dividend is the amount from a company’s profits that is distributed among its shareholders. It serves as an incentive for investors to put their money into a company’s stock. Dividend distribution has a dual effect. On one hand, it can boost the stock price in the short term as the additional cash flow attracts …

These 3 stocks from BSE 500 jumped over 5% today; do you own any?

These 3 stocks from BSE 500 jumped over 5% today; do you own any?

30 January 2024

The benchmark indexThe present 52-week high of the stock stood at Rs 965.00, whereas the 52-week low is Rs 609.50. opened today at 31,273.14 and made its day high at 31,308.02 and it is trading flat today, down by around 0.02% From the same space, these are the top 3 companies that outperformed the benchmark index …

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