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Stocks/Share Market - Angel One

Penny stocks to watch out for tomorrow, August 8, 2023

Penny stocks to watch out for tomorrow, August 8, 2023

7 August 2023

The Sensex registered a 0.35% gain, and the Nifty closed 0.41% higher. Moreover, Nifty Midcap and Nifty Smallcap performed well, closing with gains of 0.51% and 0.22%, respectively.   Notably, Nifty Pharma, Nifty IT, and Nifty Realty were the top gainers, while Nifty PSU Bank, Nifty Bank, and Nifty Media experienced losses. Among the Nifty 50, …

Airtel Launches India’s First Wireless Home Wi-Fi Service Powered by 5G Plus

Airtel Launches India’s First Wireless Home Wi-Fi Service Powered by 5G Plus

7 August 2023

Bharti Airtel has launched ‘Airtel Xstream AirFiber’, its fixed wireless access (FWA) offering, on 5G for consumers in Delhi and Mumbai. The need for Wi-Fi at home has grown exponentially in the past 3-4 years. With fibre to home connecting only 34 million homes in India, a very large number of customers struggle for fibre …

Paytm Founder Vijay Shekhar Sharma to purchase 10.3% stake from Antfin

Paytm Founder Vijay Shekhar Sharma to purchase 10.3% stake from Antfin

7 August 2023

Vijay Shekhar Sharma, the founder of Paytm, is set to acquire a 10.30% stake in the company from Antfin (Netherlands) Holding BV. As part of the deal, Antfin will transfer 6.53 crore shares of Paytm to Resilient Asset Management B.V., an entity wholly owned by Sharma himself.  Following the transaction, Sharma’s ownership in the company …

Resilient Godfrey Phillips India Surges Amid Market Volatility

Resilient Godfrey Phillips India Surges Amid Market Volatility

7 August 2023

In the latest trading session, market dynamics reacted positively to global cues, leading to a buoyant opening; however, the struggle to maintain this upward momentum has cast a shadow on overall sentiment. Notably, Godfrey Phillips India Ltd., a prominent player in the FMCG sector, has emerged as a standout performer, showcasing remarkable resilience by surging …

Intellect Design Arena Secures ‘Destiny Deal’ with National Bank of Umm Al Qaiwain

Intellect Design Arena Secures ‘Destiny Deal’ with National Bank of Umm Al Qaiwain

7 August 2023

National Bank of Umm Al Qaiwain (NBQ) has selected Intellect Digital Engagement Platform (iDEP), a digital experience banking platform by Intellect Global Consumer Banking (iGCB) for its retail, SME and corporate clients. NBQ is a public shareholding company incorporated in Umm Al Qaiwain. iGCB is the Retail and Central Banking Solutions arm of Intellect Design …

Zomato’s Remarkable Rebound: Shares Surge from Rs 40 All-Time Low to Rs 100

Zomato’s Remarkable Rebound: Shares Surge from Rs 40 All-Time Low to Rs 100

7 August 2023

The shares of Zomato experienced a sharp rise today crossing Rs 100 after a long time. The stock opened at Rs 97, which was 1.6% higher than the previous day’s closing price of Rs 95.43. During the intraday session, the stock surged by 8% with significant trading volume.   Upon analysing today’s share volumes, it is …

Dark horse stock of the day: Birla Cable skyrocketed 20% in a day

Dark horse stock of the day: Birla Cable skyrocketed 20% in a day

7 August 2023

The shares of Birla Cable Limited experienced a sharp rise today. The stock opened at Rs 198.30, which was 5.6% higher than the previous day’s closing price of Rs 187.85. During the intraday session, the stock surged by 20% with significant trading volume.   Upon analysing today’s share volumes, it is evident that there has been …

Warren Buffett’s Berkshire Hathway announces Q2 results; details inside

Warren Buffett’s Berkshire Hathway announces Q2 results; details inside

7 August 2023

Berkshire Hathaway released their second-quarter earnings, revealing a 7% increase in operating income, soaring to USD 10,043 million on Saturday. The growth was primarily attributed to the robust performance of their investment segment.   If we check the total revenue earned by the company during the second quarter then, the revenue grew by 21% YoY from …

These 3 stocks from BSE 500 jumped over 6% today, 7 August 2023

These 3 stocks from BSE 500 jumped over 6% today, 7 August 2023

7 August 2023

The benchmark index S&P BSE 500 opened today at 26,833.31 and made its day high at 26,900.31 and it is trading in green, up by around 0.15%                          From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 6% today. …

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 7 August, 2023

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 7 August, 2023

7 August 2023

On Monday, the benchmark indices were trading higher with Sensex up around 195 points or 0.30% at 65,915.41 and the Nifty-50 up around 56 points or 0.28% at 19,468. About 2,033 shares have advanced, 1,323 declined, and 188 are unchanged on the BSE. Top gainers and losers on BSE Sensex Index are as follows: The …

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