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Overnight Digest: Top 5 small-cap and mid-cap stocks for October 19, 2023

Overnight Digest: Top 5 small-cap and mid-cap stocks for October 19, 2023

18 October 2023

In today’s trading session, the Nifty 50 index grappled with bearish sentiments, culminating in a substantial decline. Commencing at 19,820.45, it concluded the day at 19,671.1, marking a descent of 140 points or 0.71% from the previous day’s closure. The trading day witnessed a high of 19,840.95 and a low of 19,659.95, underlining the market’s …

Indo National scores major order win from BAE Systems; Stock hits back-to-back upper circuit

Indo National scores major order win from BAE Systems; Stock hits back-to-back upper circuit

18 October 2023

Indo National Limited, a prominent dry cell manufacturer in India, has announced today that its subsidiary, Kineco Kaman Composites India Private Limited, has secured a substantial contract worth Rs 100 Crores (approximately USD 12.39 million) from BAE Systems. According to the press release, the contract pertains to the manufacturing and export of fully assembled Mission …

3i Infotech’s strategic partnership with Databricks unleashes AI-powered transformation

3i Infotech’s strategic partnership with Databricks unleashes AI-powered transformation

18 October 2023

Indian headline indices faced a challenging start to the trading session as they grappled with significant declines in power, financial services, and banking stocks. However, despite a weak market sentiment, the healthcare, auto, and information technology sectors exhibited considerable resilience. 3i Infotech Ltd, a small-cap software and consulting company, made headlines today by revealing its …

Volume buzzers: Here are today’s high-volume buzzers, 18 October 2023

Volume buzzers: Here are today’s high-volume buzzers, 18 October 2023

18 October 2023

The Sensex and Nifty are both on a downward trajectory, marking a plunge of 0.72% and 0.62%, respectively. In parallel, the Nifty Midcap and Nifty Smallcap segments are also exhibiting negative momentum, with a plunge of 1.11% and 0.03%, respectively. Examining the constituents of the Nifty 50 index, notable gainers include Dr Reddy, Cipla and …

Tata Communications: From VSNL’s monopoly to multibagger, exploring the company’s revenue streams

Tata Communications: From VSNL’s monopoly to multibagger, exploring the company’s revenue streams

18 October 2023

During the 1990s, when the telecommunications sector in India remained closed to competition, Videsh Sanchar Nigam Limited (VSNL) was an absolute monopoly. The company earned revenue from every one of the four billion minutes of calls entering or departing from India’s shores until 2002. This monopoly status resulted in substantial profitability, with VSNL having a …

Taylor Swift’s tour outperforms India’s blue-chip stock in profit

Taylor Swift’s tour outperforms India’s blue-chip stock in profit

18 October 2023

This extraordinary journey, announced in November 2022, offers Swifties a unique expedition through every pivotal ‘era’ of Taylor Swift’s illustrious career. It has ignited a whirlwind of anticipation and enthusiasm, with fans eagerly opening their wallets not just for concert tickets, but also for exclusive merchandise and sentimental keepsakes like friendship bracelets. Taylor Swift’s Eras …

Shares of Tiger Logistics soar on signing alliance partnership agreement with ICICI Bank

Shares of Tiger Logistics soar on signing alliance partnership agreement with ICICI Bank

18 October 2023

ICICI Bank has signed an alliance partnership agreement with Tiger Logistics to facilitate integrated banking and end-to-end logistics for exporters and importers This first-of-its-kind collaboration between ICICI Bank and an end-to-end global logistics company. Tiger Logistics marks a significant milestone and synergy in the evolution of two distinct yet interlinked sectors – global logistics and …

Upper Circuit Stocks Today – 18 October, 2023

Upper Circuit Stocks Today – 18 October, 2023

18 October 2023

On Wednesday, the benchmark indices were trading lower with the Sensex down around 176 points or 0.26% at 66,252 and the Nifty-50 around 38 points or 0.19% at 19,775. About 1,836 shares have advanced, 1,562 declined, and 164 are unchanged on the BSE.  Top gainers and losers on the BSE Sensex index are as follows: …

Dark horse stock of the day: Nucleus Software jumps 10% and hits the upper circuit

Dark horse stock of the day: Nucleus Software jumps 10% and hits the upper circuit

18 October 2023

Nucleus Software Exports Limited, a prominent player in the IT industry, experienced a significant increase in its share price today. The company is known for providing lending and transaction banking products to the financial services industry. The stock opened trading at Rs 1,201 per share, opening almost flat compared to the previous day’s closing price …

These 3 stocks from BSE 500 jumped over 5% today, 18 October 2023

These 3 stocks from BSE 500 jumped over 5% today, 18 October 2023

18 October 2023

The benchmark index S&P BSE 500 opened today at 27,719.12 and made its day high at 27,719.12 and it is trading in red today, down by around 0.50%.                         Top 3 stocks from BSE 500 jumped over 5% today, 18 October 2023 IRB Infrastructure Developers Limited  Shares of IRB …

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