Kalyan Jewellers India shares continued their post-budget rally for the third straight session on Monday. The stock is gaining momentum due to the Budget proposal to reduce customs duty on jewellery from 25% to 20%. Impact of Budget Proposal on Jewelry Sector The finance minister announced a lower customs tax on jewellery (Item Code 7113), …
D-Street investors will be keeping an eye on stocks like KPIT Technologies, Aarti Drugs, Redtape, and 6 other companies in today’s trading session. These stocks are trading ex-date due to corporate actions such as dividends and bonus shares. Stocks Turning Ex-Dividend Today According to BSE data, the following stocks will trade ex-dividend on February 3, …
Maruti Suzuki Share price jumped 12% in 4 days, reaching a 4-month high of ₹13,431.60 in Monday’s trade. The stock rose 4% intraday, defying the broader market decline, and is now trading at its highest level since September 30, 2024. Stock Performance At 9:23 AM, Maruti Suzuki was up 2% at ₹13,174.75 on the BSE, …
The Nifty Metal index saw significant losses on Monday, dropping over 2%, with all 15 stocks in the index losing value. Vedanta Leads the Losses Vedanta shares emerged as the top loser in the Metal index, falling by more than 5%. National Aluminium Co. followed closely with a 5% loss. Tariffs Hit Global Commodity Prices …
Inox Wind share price has surged by 48% over the past year, significantly outperforming the market’s 8.6% return. Understanding Inox Wind’s Business Inox Wind, part of the INOXGFL Group with a history of over 9 decades, focuses on chemicals and renewable energy. With 13 years of experience in the wind energy sector, the company provides …
Shares of state-owned oil companies like Bharat Petroleum Corporation (BPCL) and Indian Oil Corporation (IOC) saw a sharp decline of up to 7% in Monday’s intra-day trading. This fall is due to disappointment over the 2025-2026 Budget, which failed to provide the expected boost to the sector. Shares Hit 52-Week Lows BPCL share price dropped …
On February 3, 2025, the Indian stock market benchmark index BSE and the Nifty closed in the red. The BSE Sensex was down by 0.41% closing at 77,186.74, while the Nifty50 was down by 0.52% at 23,361.05. Among sectors, the Nifty Metal and Nifty FMCG witnessed a more than 1.5% decline. Top Gainers of the …
Sun Pharmaceutical’s share price traded at ₹1,738.35 at 10:50 AM on the NSE, showing a marginal decline of ₹3.85 or 0.22% from its previous close of ₹1,742.20. The stock opened higher at ₹1,781.45 and reached a high of ₹1,785.90 during the session. However, it experienced a pullback, dipping to a low of ₹1,734.75. Sun Pharma Q3 …
The metal sector, a cornerstone of industrial growth, has been exhibiting strong performance across various key minerals and non-ferrous metals. As we look into February 2025, the industry continues to benefit from robust demand across diverse sectors like infrastructure, energy, automotive, and construction. The Ministry of Mines reported impressive production figures for FY 2024-25, with …
Shares of Coal India declined for the second consecutive day due to concerns over its ability to meet the FY25 production target of 838 MT. The company’s production is lagging, and a 37% increase is needed in Q4. Coal India’s Subsidiaries Underperform As of January, Coal India had produced 621.1 MT of coal, 1.8% higher …
