The Indian headline indices maintained their upward momentum, driven largely by telecommunications stocks which led the gains. The BSE Telecommunication Index, representing the telecommunication sector, saw a significant surge of approximately 4% today. The broader indices demonstrated strong performance, outpacing the main indices, with Vodafone Idea Ltd and Tejas Networks Ltd leading the gains in …
IndusInd Bank recently announced that it has become the first bank to successfully execute RBI’s programmable CBDC pilot in an exchange filing. The filing also mentioned that the pilot project is being carried out in partnership with Circularity Innovation Hub India Private Limited (CIH) as a substitute for CBDC, allowing the Bank to plan how …
On Monday, the Nifty closed with gains of 189.40 points or 0.86%, forming a Dragonfly Doji candlestick pattern on the daily timeframe. This bullish pattern was supported by a broad market rally, with most sectors participating, led by PSU Banks and Pharma. Looking ahead, the Nifty’s immediate resistance is expected to be between 22,400 and …
On April 22, 2024, Nifty 50 and Sensex rose 0.86% and 0.77% to 22,336 and 73,648, respectively. Foreign Institutional Investors (FII) sold securities worth around ₹2,915 crore, while domestic investors bought shares worth ₹3,542 crore. Top Gainers and Losers On the sectoral front, Nifty PSU Bank, Nifty Consumer Durables, Nifty Pharma and Nifty Healthcare closed …
On April 22, 2024, the transaction banking specialist from Intellect Design Arena Limited, Intellect Global Transaction Banking (iGTB), announced in the stock exchange filing about the Jordan Kuwait Bank’s (JKB) successful implementation of Digital Transaction Banking (DTB) platform enabled by eMACH.ai architecture. The company stated that this implementation offers a completely integrated, mobile-first, state-of-the-art, omnichannel …
On Monday, the market continued its upward momentum from Friday, reaching a one-week high. The Sensex surged by 0.77%, closing at 73,648.62 points, while the Nifty also saw significant gains, rising by 0.86% to reach 22,336.40 points. Notable gainers included Nifty PSU Bank, Nifty Pharma, Nifty Auto, and Nifty FMCG, while no major sectors underperformed. …
These three equities gained significantly with price and volume activity during Monday’s trading sessions, indicating potential bullish action. Here’s an in-depth look. Suzlon Energy Ltd Suzlon Energy Ltd experienced a significant trading day, as the stock price reached a high of Rs 41.3, with a traded volume of 62,114,928 shares. It is currently trading at …
Certainly! With technology, life has become so much easier, hasn’t it? With just one click, we can call or text someone, and even buy groceries online. Ordering food has also become incredibly convenient these days. We can order for ourselves or even for relatives who are far from our locations. Probably, you’ve ordered food for …
India has always been traditionally known for its large-scale hiring in the IT sector, but the picture doesn’t seem the same anymore. Now, the IT companies reflect a focus on quality over quantity. The country’s top IT sector companies like Wipro, Infosys and Tata Consultancy Services (TCS) recently announced their quarterly results and reported a …
The Vedanta Group firm, Hindustan Zinc had reported a fall of 21% in net profit this year ending March 2024, On the contrary, several brokerages have been raising target prices on Hindustan Zinc, the Metal Company. Hindustan Zinc’s Q4 Results In its Q4 Results, Hindustan Zinc operated a revenue of Rs.7285 crores which slipped by …
