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NIFTY Alpha 50 vs. NIFTY 50: Unpacking the Difference

NIFTY Alpha 50 vs. NIFTY 50: Unpacking the Difference

3 November 2023

In the world of stock market indices, the NIFTY 50 and NIFTY Alpha 50 are well-known benchmarks that represent the performance of the Indian stock market. While both indices are part of the NIFTY family, they serve different purposes and have distinct characteristics. NIFTY 50: The Iconic Benchmark The NIFTY 50, often referred to simply …

Fineotex Chemical receives ratings upgrade: What’s Next?

Fineotex Chemical receives ratings upgrade: What’s Next?

3 November 2023

The Fineotex Group includes Fineotex Chemical Limited (FCL), established as a public limited company in 2004. FCL, listed on both the Bombay Stock Exchange (since March 2011) and the National Stock Exchange (since January 2015), is a key player in the speciality chemicals and enzymes manufacturing sector, offering a wide range of products for various …

Upper Circuit Stocks Today – 3 November, 2023

Upper Circuit Stocks Today – 3 November, 2023

3 November 2023

On Friday, the benchmark indices were trading higher with the Sensex up around 416 points or 0.65% at 64,495 and the Nifty-50 up around 131 points or 0.68% at 19,265. About 2,402 shares have advanced, 943 declined, and 156 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …

Larsen & Toubro’s Strategic Shift: A Tale of Divestment and Focus

Larsen & Toubro’s Strategic Shift: A Tale of Divestment and Focus

3 November 2023

In the dynamic landscape of India’s corporate world, Larsen & Toubro (L&T), a colossal Indian multinational with a presence in over 50 countries, has set the stage for an intriguing transformation. In a strategic maneuver that promises to reshape its future, L&T has announced the divestment of its entire 100% stake in L&T Infrastructure Engineering …

These three NSE stocks surged over 10% and hit 52-week high; do you own any?

These three NSE stocks surged over 10% and hit 52-week high; do you own any?

2 November 2023

Today, the broader indices, NSE Nifty50 and BSE Sensex, both ended the day in positive territory. The Nifty50 index commenced the day at 19,120, marking a 0.7% increase compared to the previous day’s closing level of 18,989. During the intraday session, it reached a high of 19,175 and a low of 19,064, ultimately concluding the …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for November 3, 2023

Overnight Digest: Top 5 mid and small-cap stocks to watch out for November 3, 2023

2 November 2023

The Nifty50 index commenced the trading session on a positive note, displaying a notable gap up at 19,120, after the Federal Reserve’s decision to maintain the current interest rates which provided a boost to investor confidence. During the trading day, the index reached a high of 19,175.25 and touched a low of 19,064.15, reflecting the …

Shares of Suzlon Energy hit the upper circuit; company reports a 1,663 MW order book

Shares of Suzlon Energy hit the upper circuit; company reports a 1,663 MW order book

2 November 2023

Suzlon Energy Ltd which is into manufacturing of wind turbines generators and related components hits the upper circuit today amid the financial results and quarterly outlook of the company. Yesterday the script was closed at Rs 31.33. Today, it opened at Rs 31.96 and closed at Rs 32.80, up by 4.69%. Company’s 52-week high stands …

Shares of RateGain Travel Technologies jumped by 6% and hit an all-time high

Shares of RateGain Travel Technologies jumped by 6% and hit an all-time high

2 November 2023

Today the Sensex closed approximately 0.77% higher and the BSE Information Technology index also closed higher by 0.89%. Mostly all the sectors closed in green today. However, one IT stock stood out reaching an all-time high and surging by 5.65% namely RateGain Travel Technologies Ltd. Interestingly over the past year while the BSE Information Technology …

TRF jumps more than 10% and hits 52-week high; here’s why

TRF jumps more than 10% and hits 52-week high; here’s why

2 November 2023

TRF Limited traded with high volatility gaining more than 13% during intraday on Thursday. It is a potential breakout candidate for the coming days as it touched its 52-week high today. The volumes traded on expiry day were more than average and spurting more than 5 times than regular. TRF Limited designs, manufactures, and installs …

From Rs 30 to Rs 300: This Maharatna company surged over 900%, do you own it?

From Rs 30 to Rs 300: This Maharatna company surged over 900%, do you own it?

2 November 2023

REC, designated as a ‘Maharatna’ enterprise, operates under the oversight of the Ministry of Power, Government of India, and is primarily engaged in providing financial support to projects across the entire spectrum of the power sector, encompassing activities from power generation to distribution. The company has witnessed a significant surge in its stock price today. …

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