In the last trading session of the week, the Nifty index surpassed the psychological resistance level of 19,000 and experienced a significant rally. Amidst this bullish trend, one stock from the capital goods sector, specifically the packaging industry, caught the attention of investors by hitting the upper circuit. The stock in focus is Shree Rama …
The Sensex and Nifty closed with a mixed performance. Nifty Midcap and Nifty Smallcap experienced gains, rising by 0.92% and 0.62%, respectively. Notably, Nifty Pharma, Nifty Metal, and Nifty Auto emerged as the top gainers, while Nifty PSU Bank, Nifty Media, and Nifty Energy were among the top losers. Within the Nifty 50 index, Cipla, …
The yield on India’s 10-year benchmark federal paper increased to 6.966 from 6.963 at the previous close. The rupee fell against the dollar in the foreign currency market. The rupee was holding at 82.40, compared to its last trading session closing of 82.25. Keep a close eye on these trending stocks on Thursday, 18, May …
Varun Beverages Limited (VBL) is a leading company that is engaged in the manufacturing of carbonated soft drinks and non-carbonated beverages. The Rs 1,00,000 crore company enjoys popularity of its brands like Pepsi, Diet Pepsi and SevenUp. As per the Indian Beverage Association, VBL is the second largest franchise in the world (outside of US) …
JSW Renew Energy Three Limited, a subsidiary of JSW Energy Limited, has signed a Power Purchase Agreement (PPA) with the Solar Energy Corporation of India Limited (SECI) for 300 MW of ISTS-connected wind power projects in Maharashtra. The PPA has been signed for a period of 25 years and the tariff for the supply of …
NSE USD INR: NSE USDINR May as seen in the weekly chart above has opened the week gap up at 82.0975 levels. At mid of the week price rallied sharply and made weekly high of 82.1375 levels. Later on, price could not able to sustain on higher levels, it has rallied corrected and made a …
What is lock-in period in an IPO? The lock-in period is the time until the end of which investors (including promoters, employees, early investors) of a company that released its IPO, must hold their shares, regardless of the price in the market. This restriction is placed in order to prevent the major investors from offloading …
George Soros, a successful investor and philosopher, believes that markets are volatile due to the changing perception of all investors. According to him, these perceptions are based less on reality and more on how they perceive reality which is impacted by various macroeconomic and psychological factors. But what is this General Theory of Reflexivity? How …
“The children of today will make the India of tomorrow. The way we bring them up will determine the future of the country.” – Jawaharlal Nehru A new age problem Modern parents face a unique challenge that previous generations never had to. Our children nowadays are smart with gadgets but at the same time are …
What just happened? The world’s richest man, Elon Musk, finally concluded the much talked about deal to take over Twitter. The takeover was conducted for a whopping $44 billion – one of the largest acquisitions of a tech company. Moreover, it was also decided to delist Twitter from the New York Stock Exchange, turning it …
