Stocks/Share Market - Angel One

InterGlobe Enterprises, one of the promoters of IndiGo, is planning to sell 2% of its stake in IndiGo via a block deal. The value of the stake sale is anticipated to be around 394 million dollars, where the promotor plans to offload 77 lakh shares. These shares are marked at Rs. 4,266 apiece, at a …

Share India’s Legacy in the Capital Market The Share India group has been a prominent player in the capital market for over 30 years. With a vast network of 293 branches and franchises as of March 31, 2024, they have established a strong pan-India presence. Their primary activities include strategy-based proprietary trading and high-frequency trading. …

Jio Financial Services (JFSL), the financial arm of Reliance Industries, has launched its new app, Jio Finance. This app is designed to compete with leading fintech platforms like Paytm and PhonePe. Currently in its beta stage, Jio Finance aims to refine its features based on user feedback. This strategic move marks JFSL’s significant entry into …

State-owned Bank of India, on Monday, announced its acquisition of a 6.125% stake in CCIL IFSC, present in the GIFT SEZ. The announcement was made on the bank’s first-year anniversary of its IFSC Banking Unit in GIFT City. BOI’s Executive Director of International Operations, Subrat Kumar, on that occasion announced its plan to develop and …

The benchmark index S&P BSE 500 opened today at 34,586.15 and made its day high at 34,624.70, and it is trading in green today, up by more than 0.40%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Home First Finance …

After reaching all-time highs in the previous trading session, domestic indices struggled to gain momentum in early trades today but later managed to gain traction. The sectoral gains were led by the capital goods, power, oil & gas, and auto sectors. At 10:35 am, the BSE Sensex gained 0.28% reaching a level of 76,703. The …

On Tuesday, the benchmark indices were trading in the green with the Sensex up around 175 points or 0.23% at 76,661, while the Nifty-50 was up around 57 points or 0.24% at 23,315. About 2,491 shares have advanced; 991 declined and 157 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

L&T Technology Services Limited (LTTS), a leading engineering services company, and the Indian Institute of Technology Hyderabad (IIT Hyderabad), a premier academic institution, have announced a groundbreaking collaboration. This partnership aims to propel advancements in the automotive industry by focusing on Advanced Driver Assistance Systems (ADAS) and Cellular Vehicle-to-Everything (CV2X) communication technologies. This collaboration highlights …

Vodafone Idea Ltd (VIL), India’s leading telecom operator, announced a crucial board meeting scheduled for Thursday, June 13, 2024. The agenda centres on proposals for issuing equity shares or convertible securities to vendors on a preferential basis. This move signifies Vodafone Idea’s proactive approach to addressing outstanding dues and strengthening its financial position. Addressing Vendor …

Cosmic CRF Limited, a leading manufacturer of cold-rolled stainless steel sections, has announced a significant boost to its order book with the successful acquisition of 3 new contracts. The company revealed these developments on June 10, 2024, signifying continued growth and strong industry demand for their high-quality products. Strengthening Strategic Partnerships Two of the new …