Stocks/Share Market - Angel One

Indian benchmark indices are trading in red and the NSE benchmark Nifty50 has slipped below the 18,600 mark.  However, the broader markets are witnessing buying interest and the testament is the fact that have been outperforming the frontline indices on Wednesday with Nifty Midcap and Smallcap advancing 0.09% and 0.35%, respectively. With the outperformance of …

For the fourth quarter that ended in March, standalone net profit increased by 30% year over year to Rs 279 crore. In the same period the previous year, the company reported a net profit of Rs 214 crore. For the March quarter, operating revenue increased 40% year over year to Rs 965 crore. In the …

The auto ancillary market in India pertains to the sector involved in producing automobile components, parts, and accessories. It plays a vital role in bolstering the expansion of the country’s automotive industry. Auto ancillary companies are responsible for providing a diverse range of products, including engine parts, electrical components, braking systems, suspension elements, and more, …

ICICI Prudential Life Insurance Company carries on the business of providing life insurance, pensions and health insurance products to individuals and groups. Riders providing additional benefits are offered under some of these products. The business is conducted in participating, non-participating and unit-linked lines of businesses. These products are distributed through individual agents, corporate agents, banks, …

Rail Vikas Nigam Ltd was one of the trending stocks on the BSE today, as the shares of the company, which had been in the spotlight for their outstanding uptrend, was surprisingly locked at 5% lower circuits. After the company reported the quarter results, which fell short of expectations, shares came under heavy selling pressure.  …

Tata Consultancy Services announced that Ikano Bank AB in Sweden has selected the TCS BaNCS™ Global Banking SaaS Platform for its pan-Europe core banking transformation. Ikano Bank operates across Europe, offering a range of financial services and banking products such as loans, savings, mortgages, and credit cards, including leasing and factoring to small and medium-sized …

Nifty Auto rallied around 20% in the last 2 months from the lows of March 2023 and entered the blue-sky territory. Auto sector stocks outperformed the benchmark index and one stock from the same sector is now ready to register the multiyear breakout and continuation pattern at the same time.   The stock is Tata Motors …

The Nifty index concluded the trading session with a modest gain of 0.19%, surpassing the 18,600 level. Similarly, the Sensex index closed 0.2% higher, crossing the 62,900 mark. The Nifty Midcap index and the Nifty Smallcap index ended on a positive note, recording gains of 0.25% and 0.22%, respectively.   At the closing bell, Nifty Media, …

While metals, auto, and oil & gas equities made slight declines, shares of FMCG, financials, and private banks rose. The S&P BSE Sensex, the barometer index, increased 122.75 points or 0.20% to 62,969.13. To 18,633.85, the Nifty 50 index increased by 35.20 points or 0.19%. The S&P BSE Small-Cap index increased 0.22%, while the S&P …

On 29 May 2023, NHPC reported results for the fourth quarter (Q4) and the year ended March 31, 2023. The board of the company also recommended a final dividend of Rs 4.50 per equity share with a face value of Rs 10. On a consolidated basis, the company has reported a 39.40% rise in its …