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Nifty crosses 22,000 level for the first time; Two Adani Group stocks emerge as the top contributors

Nifty crosses 22,000 level for the first time; Two Adani Group stocks emerge as the top contributors

15 January 2024

Nifty is surprising not only to Indian investors but also to global market participants by breaking its own records. In today’s pre-opening session, it settled directly above the significant level of 22,000, reflecting a 0.72% or 158.6 points increase from Friday’s closing level of 21,894.55. During the intraday session, it reached an intraday high of …

Anuprita Daga Takes on the Role of Group CISO at Angel One

Anuprita Daga Takes on the Role of Group CISO at Angel One

8 January 2024

We proudly announce the joining of Ms Anuprita Daga as Angel One’s Group CISO (Chief Information Security Officer). At Angel One, we are dedicated to upholding the highest standards of data privacy and security in the ever-evolving landscape of financial technology. Information security is the backbone of our operations, leveraging technology and data-driven approaches to …

Dividends of ITR filing for stock market enthusiasts

Dividends of ITR filing for stock market enthusiasts

4 January 2024

ITR, or Income Tax Return, is a document individuals in India submit to the Income Tax Department to disclose their earnings and tax payments for a fiscal year. If the return shows an excess of tax paid, the individual may qualify for a tax refund. Filing a tax return is a legal obligation for anyone …

Decoding the success story of a multibagger small-cap software company

Decoding the success story of a multibagger small-cap software company

28 December 2023

In the rapidly changing world of tech and digital advancements, Newgen Software Technologies LTD has become a standout player, surprising many with its impressive performance. This article dives into the recent moves that brought Newgen into the limelight, like the bonus issue and a boosted share capital. We’ll explore their strong Q2 showing and the …

Did you know – Only 7% of stocks from BSE 500 turned multibagger

Did you know – Only 7% of stocks from BSE 500 turned multibagger

21 December 2023

The BSE Sensex has exhibited a commendable Year-to-Date (YTD) performance, yielding returns of 16%, while the Nifty 50 has surpassed this, delivering a robust 16.8% YTD return in the current year. Notably, the Indian equity markets have demonstrated resilience compared to their Asian counterparts, outshining indices such as the Hang Seng (-15.17%), Jakarta Composite (5.17%), …

These 3 stocks from BSE 500 jumped over 6% today, 19 December 2023

These 3 stocks from BSE 500 jumped over 6% today, 19 December 2023

19 December 2023

The benchmark index S&P BSE 500 opened today at 30,366.07 and made its day high at 30,385.16 and it has closed almost flat today, up by 0.08%                   From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 6% …

Angel One Welcomes Hemen Bhatia as the CEO of Asset Management Business

Angel One Welcomes Hemen Bhatia as the CEO of Asset Management Business

13 December 2023

We are delighted to welcome Hemen Bhatia, the Chief Executive Officer of Angel One Asset Management Company  Limited. Hemen’s joining marks a significant milestone in our asset management business journey. Hemen will spearhead the growth of our asset management business, highlighting our commitment to impacting a billion lives through comprehensive financial solutions positively.   Hemen will …

Income Tax Milestone: Record-Breaking 7.85 Crore ITRs Filed till October 2023!

Income Tax Milestone: Record-Breaking 7.85 Crore ITRs Filed till October 2023!

2 November 2023

In an extraordinary display of tax compliance, India’s Income Tax Department has achieved an unprecedented milestone by receiving a staggering 7.85 crore Income Tax Returns (ITRs) for all assessment years up to October 31, 2023. This remarkable achievement underscores the efficiency and growth of India’s taxation system. 11.7% Year-on-Year Growth in ITR Filings The numbers …

This small-cap electronic components manufacturer delivered mind-blowing returns of over 200% in just one year; do you hold it?

This small-cap electronic components manufacturer delivered mind-blowing returns of over 200% in just one year; do you hold it?

30 October 2023

Kaynes Technology India Limited has delivered multibagger returns to its shareholders in the past year. During this period, the company’s share price surged from Rs 689.95 on November 22, 2022, to Rs 2355 on October 30, 2023, representing an increase of over 200% in a one-year holding period. An investment of Rs 1 lakh in …

Dark horse stock of the day: Shakti Pumps surges 20% and hits the upper circuit

Dark horse stock of the day: Shakti Pumps surges 20% and hits the upper circuit

19 October 2023

Shakti Pumps Limited, a prominent company engaged in the manufacturing of various types of pumps, experienced a significant increase in its share price today. The company is well-known for providing advanced water pumping solutions for a wide range of applications, including irrigation, horticulture, domestic water supply, and commercial and industrial use. The stock opened trading …

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