HDFC Life Surges on Surrender Value Speculation On March 04, 2024, the share price of HDFC Life Insurance increased by 18.00% to ₹610.30 due to news indicating that the Insurance Regulatory and Development Authority of India (IRDAI) would consider rationalisation of the proposed surrender value. Surrender value is the amount received by an insurance policyholder …
On March 4, 2024, the Nifty 50 increased by 0.12% to 22,405, and the Sensex rose by 0.09% to 73,872. Foreign Institutional Investors sold shares worth ₹564 crores, while Domestic Institutional Investors showed buying activity of shares worth ₹3,542 crores. Top Gainers and Losers Nifty Oil and Gas, Nifty Financial Services 25/50, Nifty Private Bank …
The last one year has been productive for the coal CPSEs (Coal India Limited and NLC India Limited), as their market capitalisation, CAPEX, and profitability have all increased remarkably in line with their contributions to the national economy. Coal CPSEs, CIL and NLCIL have shown remarkable growth. Due to the increased investor confidence in these …
Adani Group, the Indian multinational conglomerate, has initiated the marketing of a $409 million bond. This is the Group’s first dollar note sale since the Hindenburg Research report last year. It is well-known that in 2023, Hindenburg Research accused the conglomerate of fraud and stock manipulation. However, Adani Group has always denied these claims. Currently, …
It is a well-known fact that the stock market is volatile and keeps fluctuating in response to local and global happenings. For instance, the market was volatile during the interim budget this year. While railway stocks dropped, stocks under sectors like banking and housing finance rallied after the budget announcement. The Lok Sabha Election 2024 …
On Monday, the stock market ended the day with record highs in a session where trading remained within a narrow range. The Sensex, one of the key benchmark indices, edged slightly higher by 0.09% to close at 73,872.29 points, marking its third consecutive record close. Similarly, the Nifty, another important index, also saw a modest …
On Monday, March 4, 2024, Biocon Ltd’s share price increased by 1.21%. It had closed at ₹276.85 per share on Saturday, March 2, 2024. The stock is currently trading around ₹280.2 per share. On March 4, 2024, the share price of Biocon Ltd opened at ₹279.25, and later, at 10 AM, it touched ₹287. However, …
About Project Godrej Properties Ltd. (GPL), a leading name in Indian real estate, has announced the development of a large township project in North Bengaluru. This project, expected to have a booking value of approximately Rs 5,000 crore, promises to cater to the growing demand for premium living spaces in the city. The Godrej Properties …
Special trading sessions occurred on Saturday, March 2, 2024, one from 9:15 AM to 10 AM and another from 11:30 AM to 12:30 PM, shorter than usual. The Nifty 50 slightly rose by 0.18%, reaching 22,378, while the Sensex increased by 0.08%, closing at 73,806. Foreign Institutional Investors (FIIs) sold off about ₹81 crores worth …
On Friday, the main stock market gauges ended the trading session on a high note. The Sensex surged significantly by 1.72%, reaching a new all-time high of 73,819.21, while the Nifty also climbed by 1.62%, hitting a record high of 22,353.30. Key sectors like Nifty Metal, Nifty Bank, and Nifty Auto performed well, while Nifty …
