Telecommunications Consultants India Limited (TCIL) is planning to sell its stake in Bharti Hexacom in two tranches of 15% each to meet a target set out by the Central Government. Telecommunications Consultants India Limited’s Approach As per a senior official of the central Public Sector Undertaking (PSU) Telecommunications Consultants India Limited, the company is going …
On March 21, 2024, The Nifty 50 and Sensex markets saw increases of 0.79% and 0.75%, reaching 22,011 and 72,641, respectively, showing market optimism. However, Foreign Institutional Investors sold off about ₹1,826 crores, while Domestic Institutional Investors bought stocks worth ₹3,208 crores, indicating mixed investor actions. Top Gainers and Losers On March 21, 2024, sectors …
On March 27, 2024, the Nifty 50 rose by 0.54% to 22,123, and the Sensex increased by 0.73% to 72,996. Foreign investors bought shares worth around ₹2,170 crores, while domestic investors bought shares worth ₹1,197 crores. Top Gainers and Losers On March 27, 2024, sectors like Nifty Realty, Nifty Consumer Durables, Nifty Private Bank and …
About the Partnership In a significant move aimed at enhancing healthcare accessibility in India, Dr. Reddy’s, a leading pharmaceutical company based in India, has unveiled an exclusive partnership with Sanofi Healthcare India Private Limited (SHIPL) for the distribution of Sanofi’s vaccine brands across private markets in the country. Under the terms of this exclusive arrangement, …
Today, shares of Avenue Supermarts Limited dipped by over 1.67%, with the company’s current market capitalization standing at Rs 2,87,588.95 crore on the BSE. Share Performance On Wednesday, the stock opened at Rs 4486.20 and eventually closed at Rs 4419 each on the BSE. The 52-week high and low are Rs 4,531.50 and Rs 3,300.30, …
Cyient, a global Intelligent Engineering, and Technology Solutions company, has announced a strategic partnership with Deutsche Aircraft, a German original equipment manufacturer (OEM) located in Weßling, close to Munich. Within the scope of this partnership, the companies will collaborate on the detailed design for manufacturing (DFM) of the rear fuselage section for the 40-seater D328eco …
Power is a critical component of infrastructure, vital for economic growth and national welfare. In India, ensuring universal access to affordable and sustainable electricity has been a key principle. Efforts by the Ministry of Power have transformed the country from a power-deficient to a surplus state through initiatives like establishing a national grid and achieving …
These three equities’ volume gained significantly during Wednesday’s trading sessions, indicating potential bullish action. Here’s an in-depth look. NHPC Ltd The stock of NHPC saw a significant increase in price and volume, indicating heightened trading activity. This bounce back indicates stock price may start to rise again with higher volume on up days, further supporting …
The Bombay Stock Exchange (BSE) has announced the introduction of a shortened settlement cycle for 25 select stocks, effective from tomorrow. The T+0 or Trade+0 settlement cycle facilitates the transfer of securities and funds on the same day as the trade. The introduction of a T+0 settlement cycle will run parallel to the existing T+1 …
Bank of Baroda and Coal India are identified as upside potential stocks based on technical analysis. Both stocks have displayed promising structures and technical setups, including price volume action and the potential to bounce back and breakout. Currently trading at Rs 258.50 and Rs 432.05 respectively, their price aligns with positive signals from technical indicators …
