Nifty View: On Tuesday, Nifty traded within the range of the previous session, forming an inside bar. It remained sandwiched between the 20 DMA and 50 DMA, with limited price action, spanning only 62 points. This range-bound behavior occurred just before the monthly derivative expiry, suggesting trader reluctance to open fresh positions, evident from the …
The Nifty PSU Bank index is currently trading at the level of 5190, just 186 points below its all-time high of 5375.85, reached in November 2010. Afterwards, the index entered a 12-year downtrend during which it formed a downward channel. However, in November 2022, it broke out of this channel pattern and four weeks ago, …
Shares of Shreyas Shipping and Logistics Limited witnessed a significant surge today. The stock opened trading at Rs 350.95, which was almost flat compared to the previous day’s closing price of Rs 351.45 per share on the BSE. Despite the flat opening, it surged by 20% today. During the intraday session, the stock not only …
Shares of Foods and Inns Limited witnessed a significant surge today. The stock opened trading at Rs 165.10, almost flat compared to the previous day’s closing price of Rs 166.55 per share on the BSE. Despite the flat opening, it surged by 16.5% today. As of writing this article, the stock is trading at Rs …
Today, the S&P BSE Sensex, the frontline index, opened at 66,071.63, compared to the previous closing of 66,023.69. At present, it is trading at 65,962.33, down by 61.36 points or 0.09%. The index touched an intraday high of 66,078.26 and a low of 65,909.41 points, respectively. In contrast, the Nifty50 is trading at 19,672.65, down …
D B Realty has entered into separate Share Purchase Agreements to acquire shares of Bamboo Hotel Global Centre (Delhi), Goan Hotels & Realty and BD and P Hotels (India) on the terms and conditions as contained therein. D B Realty will acquire 10,10,000 Class A equity shares in Bamboo Hotel for a total consideration of …
At 12 pm, the shares of Indian Hotels Company were trading at Rs 414, up by 1.26% from its previous closing of Rs 408.85 on the BSE. Indian Hotels Company (IHCL) has expanded its footprint in Sikkim with the opening of a resort in the state capital Gangtok. The 69-key resort, spread over 14 acres …
Welspun Corp Limited, a leading manufacturer of steel and home furnishing products, has announced that its wholly owned subsidiary Sintex BAPL has signed a Memorandum of Understanding (MOU) with the state government of Telangana to set up a manufacturing unit in the state with an investment of up to Rs 350 crore. The proposed project …
Indian benchmark indices started the trading session flat, reflecting subdued investor sentiment. Notably, BSE Metals and BSE Telecommunications led the way as the top-performing sectors, both posting gains exceeding 1%, while BSE Information Technology and BSE Bankex were the only losing sectors. With 2,006 shares rising on the BSE and 1,279 shares declining, the advance-decline …
RPP Infra Projects Limited, a prominent Indian company engaged in construction across multiple infrastructure verticals such as roads, buildings, industrial structures, power, irrigation, and waste management, has made a significant announcement regarding the orders it has received. According to the official report, the company has received multiple orders worth approximately Rs 482 crore. What’s more, …
