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Reliance Industries, India’s largest company by market capitalisation, surpasses Rs 19 lakh crore mark for the first time

Reliance Industries, India’s largest company by market capitalisation, surpasses Rs 19 lakh crore mark for the first time

29 January 2024

The Indian market is shining today, trading significantly higher compared to Friday’s closing levels. The Nifty50 is currently trading at around 21,712 which is approximately 360 points above Friday’s closing level, while the BSE Sensex index is trading at around 71,852, over 1,150 points higher than the last trading day’s closing level. The notable surge …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for January 30

Overnight Digest: Top 5 mid and small-cap stocks to watch out for January 30

29 January 2024

On Monday, the main stock market indexes showed positive performance. The Sensex, a key index, rose by 1.76% to close at 71,941.57 points, and the Nifty, another important index, increased by 1.8% to close at 21,737.60 points. In terms of sector performance, Nifty Energy, Nifty PSU Bank, Nifty Auto, and Nifty Metal saw gains, while …

Top 3 breakout stocks trading below Rs.100

Top 3 breakout stocks trading below Rs.100

29 January 2024

These three equities gained significantly during Monday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Oswal Greentech Ltd Oswal Greentech Ltd exhibits a compelling technical setup. The stock has demonstrated a Price Volume Breakout along with a multiyear high breakout, signifying a strong bullish sentiment. Furthermore, it is currently trading above all key …

Top two Nifty 50 stocks to buy in market correction

Top two Nifty 50 stocks to buy in market correction

29 January 2024

In the wake of a recent market downturn, savvy investors may be on the lookout for hidden opportunities within the Nifty 50. Despite ongoing challenges, the correction has revealed appealing valuations in some blue-chip stocks with strong fundamentals. This creates a potential buying opportunity for those aiming for long-term wealth growth So, let’s dive in …

Tata Motors hits 52-week high; here’s why

Tata Motors hits 52-week high; here’s why

29 January 2024

On Monday, Tata Motors shares surged 3.46% to trade at its 52-week high of Rs 839.50, from its previous closing of Rs. 811.45 on the BSE. Delivering electric buses to Jammu Smart City Tata Motors has delivered state-of-the-art Ultra EV air-conditioned electric buses to Jammu Smart City through TML Smart City Mobility Solutions (J&K), a …

Tata Power hits a fresh 52-week high today; know why

Tata Power hits a fresh 52-week high today; know why

29 January 2024

About the Project Tata Power Company Ltd which is primarily involved in the business of the generation, transmission and distribution of electricity hit a fresh 52-week high today amid a newly commissioned project and pre-bullishness on the power sector before budget. Today all the stocks in the BSE Utilities were trading in green and the …

Rolls-Royce joins forces with Azad Engineering for cutting-edge defence aircraft engines

Rolls-Royce joins forces with Azad Engineering for cutting-edge defence aircraft engines

29 January 2024

During Monday’s deals, the shares of Azad Engineering Limited zoomed by 5.23%. Additionally, the stock hit a fresh 52-week high mark of Rs 745.55 apiece on BSE. The company’s current market capitalisation is Rs 4,207.07 crore. Recent development  On Monday, British aircraft engine manufacturer Rolls-Royce announced a long-term agreement with Azad Engineering. This collaboration positions …

Upper Circuit Stocks Today – 29 January, 2024

Upper Circuit Stocks Today – 29 January, 2024

29 January 2024

On Monday, the benchmark indices were trading in the green with the Sensex up around 685 points or 0.95% at 71,380 while the Nifty-50 up around 214 points or 1% at 21,567. About 2,133 shares have advanced, 1,146 declined and 118 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index …

Disney’s India unit valuation plummets by half; here’s why

Disney’s India unit valuation plummets by half; here’s why

29 January 2024

In the ever-evolving chess game of the global entertainment industry, Disney’s latest move involves a proposed merger with Indian billionaire Mukesh Ambani’s media powerhouse, Reliance Industries Ltd. However, the plot thickens as Disney’s India unit finds itself valued at a humble $4.5 billion, less than half of its initial $10 billion aspirations. Behind the Scenes …

Zomato gets RBI nod for online payment aggregator; details inside

Zomato gets RBI nod for online payment aggregator; details inside

25 January 2024

About the Approval  Zomato Limited which is in the business of online food ordering, today just before the market closure reported to the exchanges that it has got approval from RBI to operate as an Online Payment Aggregator in India with effect from January 24, 2024, as per the guidelines issued by the RBI. Earlier …

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