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Kaynes Technology Surges After MoU with Karnataka Government for Semiconductor Assembly

Kaynes Technology Surges After MoU with Karnataka Government for Semiconductor Assembly

25 August 2023

Kaynes Technology India has entered into a memorandum of understanding (MoU) with the Government of Karnataka (Electronics, IT and BT Department) to drive innovation. Kaynes Technology’s pivotal role positions it as the ESDM Semiconductor ecosystem’s anchor in Mysuru and this MoU will help in putting Mysuru on the global map. Kaynes Semicon will lead the …

Weekly Market Wrap: Nifty50 Dips Below 19300 & 50-Day Moving Average

Weekly Market Wrap: Nifty50 Dips Below 19300 & 50-Day Moving Average

25 August 2023

Today, the Nifty50 index opened at 19297, marking a 90-point decrease from its previous day’s closing level of 19387. It began the day with a strong full-bodied red candle on the five-minute timeframe, indicating that despite the gap down, sellers are showing significant interest at these levels. However, buyers were more dominant, pushing Nifty to …

Federal Bank soars amid market volatility: A promising outlook for investors

Federal Bank soars amid market volatility: A promising outlook for investors

25 August 2023

Amid recent market turbulence characterized by profit booking and downward movements, one bank stands tall, outshining its competitors and the broader market. Federal Bank Ltd, a major player in the banking sector, has attracted significant attention by not only weathering the storm but also delivering an impressive rally of 4.88% within the current week, bolstered …

Penny stocks to watch out for Monday, 28 August 2023

Penny stocks to watch out for Monday, 28 August 2023

25 August 2023

At the end of the trading session, the BSE Sensex experienced a decline of 0.56%, settling at a level of 64,886. Similarly, the Nifty 50 index witnessed a downturn of 0.62%, reaching a level of 19,265.   Among the constituents of the BSE Sensex, Bajaj Finance, Asian Paints, and Bharti Airtel emerged as top performers, showcasing …

Chandrayaan-3 Lands on Moon Successfully, Impacting Defence Stocks’ Performance

Chandrayaan-3 Lands on Moon Successfully, Impacting Defence Stocks’ Performance

25 August 2023

India became the first country to explore the vast and uncharted South Pole of the Moon and Chandrayaan-3 successfully landed on the moon. We hope you all watched it live, either on television or mobile phones.  Not only was Chandrayaan-3 in the limelight, but the Indian stock market also gained momentum on that day before …

Back-to-back 52-week high: Ashish Kacholia’s multibagger rallies over 4%!

Back-to-back 52-week high: Ashish Kacholia’s multibagger rallies over 4%!

25 August 2023

Navigating Friday’s dampen market sentiment, the shares of Knowledge Marine & Engineering Works Limited soared 4.41%. Additionally, the stock hits fresh 52-week high mark of Rs 1770 per share on BSE. Today, Knowledge Marine & Engineering Works Ltd, operating through its subsidiary ‘Knowledge Dredging Co. W.L.L, India,’ has secured a Letter of Intent (LOI) from …

KPI Green Energy hits 52-week high on getting commissioning certificates from GEDA

KPI Green Energy hits 52-week high on getting commissioning certificates from GEDA

25 August 2023

At 2 pm, the shares of KPI Green Energy were trading at Rs 909.60, up by 5.00% from its previous closing of Rs 866.25 on the BSE.  KPI Green Energy has received commissioning certificates from Gujarat Energy Development Agency (GEDA) for 4.10MW wind-solar hybrid power project comprising 2.10MW wind and 2MWdc solar capacity, being its …

Jio Financial Services Makes Strong Recovery, Surges 10% from Intraday Lows

Jio Financial Services Makes Strong Recovery, Surges 10% from Intraday Lows

25 August 2023

The shares of Jio Financial Services opened the day with a lower circuit of 5% today. The stock commenced trading at Rs 205.15, marking a 5% decrease compared to the previous day’s closing price of Rs 215.90. The stock has been continuously hitting the lower circuit since its listing date.  Today, around 10:00 AM, it …

Insolation Energy shares hits back-to-back upper circuits in this weak market

Insolation Energy shares hits back-to-back upper circuits in this weak market

25 August 2023

The shares of Insolation Energy Limited witnessed a significant surge today. The stock commenced trading at Rs 342.35, marking a 5% increase compared to the previous day’s closing price of Rs 326.05. During the intraday session, the stock exhibited a remarkable 5% surge accompanied by significant trading volume.  If we observe the historical data, the …

These 3 stocks from BSE 500 jumped over 4% today, 25 August 2023

These 3 stocks from BSE 500 jumped over 4% today, 25 August 2023

25 August 2023

The benchmark index S&P BSE 500 opened today at 26,784.44 and made its day high at 26,821.08 and it is trading in red, down by more than 0.60%.                        From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more …

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