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Tata Motors hits 52-week high; here’s why

Tata Motors hits 52-week high; here’s why

29 January 2024

On Monday, Tata Motors shares surged 3.46% to trade at its 52-week high of Rs 839.50, from its previous closing of Rs. 811.45 on the BSE. Delivering electric buses to Jammu Smart City Tata Motors has delivered state-of-the-art Ultra EV air-conditioned electric buses to Jammu Smart City through TML Smart City Mobility Solutions (J&K), a …

FII Stake Soars in Indian Stocks – Genus Power, Phantom Digital, and Paramount Communications

FII Stake Soars in Indian Stocks – Genus Power, Phantom Digital, and Paramount Communications

29 January 2024

In the ever-evolving landscape of financial markets, the influence of Foreign Institutional Investors (FIIs) cannot be overstated. These global players often serve as a barometer for market sentiment and economic health. In this blog, we will delve into the factors driving this surge in interest and what it could mean for the future of these …

Battrixx gears up for Bharat Mobility Expo 2024: Unveiling a spectrum of high-voltage battery solutions

Battrixx gears up for Bharat Mobility Expo 2024: Unveiling a spectrum of high-voltage battery solutions

29 January 2024

Battrixx, the battery arm of Kabra ExtrusionTechnik Limited (KET), is amplifying its presence in the Indian electric vehicle (EV) market with its participation in the forthcoming Bharat Mobility Expo 2024. Scheduled from February 1st to 3rd at Pragati Maidan, New Delhi, the event will witness Battrixx unveil a comprehensive portfolio of high-voltage battery packs catering …

Power Mech Projects bags Rs 644.91 crore order from RVNL and NUPPL

Power Mech Projects bags Rs 644.91 crore order from RVNL and NUPPL

29 January 2024

Shares of Power Mech Projects Limited gained about 3% today, hitting a fresh 52-week high. The stock has witnessed heavy buying activity from investors. Power Mech Projects Limited has received multiple new orders worth Rs. 644.91 crores. The company’s first order secured is a major contract worth Rs 381.34 crore from Rail Vikas Nigam Limited …

These 3 stocks from BSE 500 jumped over 6% today, 29 January 2024

These 3 stocks from BSE 500 jumped over 6% today, 29 January 2024

29 January 2024

The benchmark index S&P BSE 500 opened today at 30,804.55 and made its day high at 31,042.40 and it is trading in green today, up by more than 1.10% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 6% today. MMTC Ltd Shares …

FPI trends in Indian equities: Unravelling the January sell-off

FPI trends in Indian equities: Unravelling the January sell-off

29 January 2024

January 2024 witnessed a significant shift in Foreign Portfolio Investors’ (FPIs) behaviour in Indian equities, marking a departure from the positive momentum seen in December 2023. This article examines the details of this trend reversal, the driving factors, and its implications on the Indian market. FPIs in December 2023  A Positive Start Starting the year …

Market Movers: Here are today’s high-volume buzzers!

Market Movers: Here are today’s high-volume buzzers!

29 January 2024

The domestic indices had a robust start to the week, experiencing significant upward movement driven by strong gains in the power, oil & gas, banking, and financial services sectors. At 10:30 am, the BSE Sensex soared 1.06%, reaching a level of 71,447. The Nifty 50 index climbed 1.06% to the 21,578 level. On the Sensex, …

Upper Circuit Stocks Today – 29 January, 2024

Upper Circuit Stocks Today – 29 January, 2024

29 January 2024

On Monday, the benchmark indices were trading in the green with the Sensex up around 685 points or 0.95% at 71,380 while the Nifty-50 up around 214 points or 1% at 21,567. About 2,133 shares have advanced, 1,146 declined and 118 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index …

Disney’s India unit valuation plummets by half; here’s why

Disney’s India unit valuation plummets by half; here’s why

29 January 2024

In the ever-evolving chess game of the global entertainment industry, Disney’s latest move involves a proposed merger with Indian billionaire Mukesh Ambani’s media powerhouse, Reliance Industries Ltd. However, the plot thickens as Disney’s India unit finds itself valued at a humble $4.5 billion, less than half of its initial $10 billion aspirations. Behind the Scenes …

Zomato gets RBI nod for online payment aggregator; details inside

Zomato gets RBI nod for online payment aggregator; details inside

25 January 2024

About the Approval  Zomato Limited which is in the business of online food ordering, today just before the market closure reported to the exchanges that it has got approval from RBI to operate as an Online Payment Aggregator in India with effect from January 24, 2024, as per the guidelines issued by the RBI. Earlier …

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