The Great Indian wedding season is back with a bang! A whopping spend of ₹4.25 trillion in wedding-related purchases and services was estimated from November 23, 2023, to December 15, 2023. This accounts for a 13.33% growth compared to the past year’s spending. People are increasingly spending on lavish, unconventional concepts to craft unforgettable, joyous …
Indian benchmark indices opened the session significantly higher and achieved all-time highs on the bourses, with information technology stocks leading the rally. At 11:00 am, the BSE Sensex surged 0.54%, reaching a level of 71,825. The Nifty 50 index climbed 0.57% to the 21,577 level. On the Sensex, Wipro, Tata Consultancy Services and Reliance Industries …
On Wednesday, the benchmark indices were trading higher with the Sensex up around 360 points or 0.50% at 71,795 while the Nifty-50 up around 122 points or 0.58% at 21,576. About 2,228 shares have advanced, 1,309 declined, and 156 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …
BigBloc Construction Limited, a burgeoning force in the Indian AAC (Aerated Autoclave Concrete) block manufacturing sector, is quietly making waves with its robust capacity of 8,25,000 cubic meters per annum. Operating across cutting-edge facilities in Vapi, Ahmedabad, and Palghar, the company has carved a niche for itself under the brand name NXTBLOC. Positioned as a …
Jubilant Pharmova and HDFC Bank are the strong positive breakout candidates with price volume support. Both the scrips are trading at Rs 515 and Rs 1,733, respectively, and have witnessed the formation of a rectangle and rounding bottom chart pattern. The RSI, ADX, and other parameters of technical analysis are in sync with the breakout. …
During Monday’s trading session, the shares of NBCC Limited zoomed by 1.07%. The company’s current market capitalisation is Rs 14,922crore. Recent developments The company has secured an order from SAIL DSP, Durgapur worth Rs 150 crore for various construction and renovation works, with a designated execution period of three years. Simultaneously, Pt. Deendayal Upadhyaya National …
The mutual fund industry introduced 18 exchange-traded funds (ETFs) this year, ranging from those that invest overseas to those that follow factor-based investing, as well as those that invest in sectors or themes. However, many investors wonder if they should invest in an ETF or an index fund. What distinguishes ETFs from index funds? Index …
In a world where financial landscapes evolve rapidly, open-end mutual funds have emerged as a versatile and accessible option for investors. These funds play a pivotal role in the investment arena, presenting opportunities for individuals to actively participate in financial markets. The Core of Open-End Mutual Funds At their heart, open-end mutual funds, commonly referred …
Throughout the COVID-19 pandemic, diagnostic companies played a pivotal role by creating and distributing essential tests to identify the virus. They became frontline warriors, supplying vital diagnostic tools crucial for containment and guiding public health responses. Initially, these firms experienced a surge in demand for testing kits, leading to increased investor interest and investment in …
The term “new age stocks” has become a buzzword in finance, conjuring images of tech-driven giants shaking up established industries. But what exactly does it mean, and should you consider these high-flying companies for your portfolio? Redefining Business with Code: Imagine a world where food delivery happens via the app, makeup comes straight to your …
