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Overnight Digest: Top 5 mid and small-cap stocks to watch out for January 29

Overnight Digest: Top 5 mid and small-cap stocks to watch out for January 29

25 January 2024

On Thursday, the main stock market indices ended the day on a negative note. The Sensex, a key index, closed down by 0.51% at 70,700.67, and the Nifty, another important index, dropped by 0.84% to 21,352.60. The Nifty Bank also saw a decline of 216 points, closing at 44,866. In terms of sector performance, Nifty …

Adani Group’s ACC and Ambuja Cement stocks rally amid huge spurt in volumes! Know the details

Adani Group’s ACC and Ambuja Cement stocks rally amid huge spurt in volumes! Know the details

25 January 2024

Cement stocks from Adani Group companies captured investors’ attention during the last hour of today’s trading session. ACC Limited, one of the cement companies within the Adani Group, announced its December quarter results on the BSE around 2:20 PM, spurring activity during the final hour. However, Ambuja Cements has not yet released its results and …

RailTel Corporation of India bags new order worth Rs 162.73 crore from Navodaya Vidyalaya Samiti (NVS)

RailTel Corporation of India bags new order worth Rs 162.73 crore from Navodaya Vidyalaya Samiti (NVS)

25 January 2024

RailTel Corporation of India has secured a lucrative contract worth Rs. 162.73 crore (including taxes) from Navodaya Vidyalaya Samiti (NVS). This project involves supplying and implementing integrated infrastructure and IT solutions for schools under the PM SHRI Scheme. The 180-day contract is a significant domestic win for RailTel, further boosting its presence in the education …

3 healthcare stocks with high dividend yields for income-seeking investors

3 healthcare stocks with high dividend yields for income-seeking investors

25 January 2024

In today’s volatile market, investors are increasingly seeking out stocks that provide a steady stream of income. Dividend stocks, which pay out a portion of their profits to shareholders regularly, can be a great way to achieve this. The healthcare sector is a particularly attractive place to look for dividend stocks. Healthcare companies tend to …

Top 3 breakout stocks trading below Rs 100

Top 3 breakout stocks trading below Rs 100

25 January 2024

These three equities gained significantly during Thursday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Infibeam Avenues Ltd Daily chart of Infibeam Avenues Ltd Infibeam Avenues Ltd portrays a promising technical scenario. The Price Volume Breakout, accompanied by the completion of the flag and pole chart pattern formation, suggests a renewed bullish momentum. …

Top 5 Banks for 2024 – Add to your watchlist

Top 5 Banks for 2024 – Add to your watchlist

25 January 2024

The aggregated data for 24 banks reveals substantial financial metrics, with a total net revenue of approximately Rs 3 Lakh crore, highlighting the collective income. The Profit After Tax (PAT) stands at Rs 58,008 crore, reflecting cumulative profitability. Net Interest Income (NII), a crucial indicator for financial health, is reported at Rs 1.4 lakh crore, …

Breakout stocks of the day: Cholamandalam Financial Holdings and JK Lakshmi Cement

Breakout stocks of the day: Cholamandalam Financial Holdings and JK Lakshmi Cement

25 January 2024

Cholamandalam Financial Holdings and JK Lakshmi Cement are showing promising signs of a strong bullish breakout based on price and volume support. Currently, their stock prices are at Rs 1,101 and Rs 935, respectively. The charts reveal a symmetrical triangle pattern and a period of consolidation, indicating potential for an upward price movement. Cholamandalam Financial …

Amber Group and Titagarh Rail Systems forge a strategic alliance with Rs 120 crore investment; stock gains

Amber Group and Titagarh Rail Systems forge a strategic alliance with Rs 120 crore investment; stock gains

25 January 2024

Joint Venture with Rs 120 crore investment  Titagarh Rail Systems and Amber Group have joined forces to conquer the Indian and Italian train component market. Both companies will form a joint venture with equal investments of up to Rs 120 crore each. This new SPV will manufacture crucial components for rail and metro coaches in …

National tourism day: Exploring investment avenues beyond the itinerary

National tourism day: Exploring investment avenues beyond the itinerary

25 January 2024

About the National Tourism Day National Tourism Day is celebrated in India on January 25 to educate people about the importance of tourism. The Indian government established it to raise awareness regarding the significance of tourism for India’s economy. This day promotes the tourism industry and recognises its contribution to the growth and sustainability of …

India’s Gift City paves the way for direct global listings

India’s Gift City paves the way for direct global listings

25 January 2024

In a groundbreaking stride towards global financial integration, India has recently introduced a framework that allows domestic companies to directly list their shares on international stock exchanges within the futuristic realm of Gift City. This move signals a departure from traditional routes, offering a streamlined path for Indian businesses to tap into a vast pool …

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