Stocks/Share Market - Angel One

Larsen and Toubro (L&T), a conglomerate specializing in engineering and infrastructure, made an announcement on Thursday that it will discuss the possibility of a share buyback during its upcoming board meeting next week. The meeting, scheduled for July 25, will also involve the approval of results for the June quarter. Within the meeting’s agenda, the …

The Indian benchmark indices started the session sharply lower, dragged down by massive losses in IT sector stocks. BSE Information Technology was the worst-performing sector, with losses of around 3.8%, while shares of Infosys tumbled more than 7%. BSE Capital Goods impressed investors with gains of more than 1%, led by a strong rally in …

The total market capitalisation of listed companies on the BSE SME platform hit Rs 75,000 Crore on Thursday. The number of companies listed on the BSE SME platform to date is 446 companies. The average market capitalisation of these companies stands at approximately Rs 168 Crore. In FY23, SME firms raised Rs 2,232 Crore through …

On Friday, the benchmark indices were trading lower with Sensex down around 726 points or 1.08% at 66,846 and the Nifty-50 down around 199 points or 1% at 19,781. About 1,519 shares have advanced, 1,612 declined, and 141 are unchanged on the BSE.  Top gainers and losers on BSE Sensex Index are as follows: The …

Infosys, India’s second-largest IT services company, released its quarterly earnings report on Thursday. The company’s revenue from operations witnessed a 10% year-on-year growth, reaching Rs 37,933 Crore in June 2023, compared to Rs 34,470 Crore in the same quarter the previous year. On a sequential basis, the revenue increased by 1.3%, moving from Rs 37,441 …

Super investors, with their vast experience and keen market insights, have a proven track record of making wise investment decisions. Increased ownership by these big investors attracts attention from analysts and media, leading to heightened coverage of these companies. This, in turn, may create further interest from investors, potentially driving the stock price higher.  The …

On the weekly expiry trading session, the Nifty index commenced with a positive start, driven by global cues. Initially, some profit booking was observed during the early hours, but the market later rebounded and surged towards new highs. Amidst these positive sentiments, NIFTY FMCG witnessed an impressive rally of nearly 1%. Notably, one remarkable stock …

Despite struggling in the early trades, Indian headline indices experienced a closing rally and eventually rose strongly as a result of significant gains in the FMCG and banking sectors. The BSE Sensex soared 0.71% to 67,571 level at the close. The Nifty 50 index climbed 0.74% to a level of 19,979.  Rail Vikas Nigam Ltd, …

On July 20, 2023, after achieving its all-time high level of 67,619, the Sensex closed up by 0.71%. Similarly, the Nifty closed higher by 0.74% after reaching its all-time high level of 19,991. Today, the shares of SJVN Limited soared 3.18%, and the stock hit a new 52-week high mark of Rs 50.71 per share …

The Indian alcohol beverage industry is a booming sector, with a market size of over $50 billion. The industry is dominated by three major players: United Spirits, United Breweries, and Radico Khaitan. These companies offer a wide range of products, from popular beer brands to high-end whiskies. Financial Performance # Name CMP Rs. Mar Cap …