Nilim Daimari

Autos, Industrials, Materials, and Utilities sectors drove headline earnings growth, surpassing expectations. Conversely, sectors such as Energy and Healthcare exceeded expectations, while Staples and Discretionary (excluding Autos) fell short in terms of EBITDA growth. The third quarter of FY24 witnessed resilient earnings, with the BSE 100 and Nifty registering an 18 percent and 13 percent … Read more

Rail Vikas Nigam Ltd (RVNL), a part of the Ministry of Railways, is engaged in the development, financing, and implementation of projects related to railway infrastructure. Shares of Rail Vikas Nigam Ltd (RVNL) surged by 12 percent on February 19 after the company announced that its order book had reached Rs 65,000 crore. The state-owned … Read more

The three private equity firms are considering acquiring the 60.41 percent controlling stake in the cancer hospital chain currently held by CVC Capital. Shares of Healthcare Global surged over 4 percent to reach a 52-week high on the morning of February 19 following reports that private equity funds EQT (formerly known as Baring PE Asia-EQT), … Read more

According to experts, for the Nifty, resistance is observed at 22,125, with further resistance lying within the range of 21,800 to 21,600. On February 19, the benchmark Sensex and Nifty opened higher, buoyed by gains in pharmaceutical and energy sectors. At 09:20 am, the Sensex rose by 90.34 points or 0.12 percent to 72,517, while … Read more

The RBI has granted an extension until March 15 for Paytm Payments Bank account holders to transfer their assets and find alternative banking solutions, alongside halting operations. Following a partnership announcement with Axis Bank for merchant payment settlements, Paytm shares surged by 5% to hit the upper circuit for the second consecutive session on February … Read more

Nifty50 and Sensex Open Higher, Global Trends in Focus; Eyes on Corporate Earnings. As the domestic equity benchmarks, Nifty50 and Sensex, kick off Friday’s session with marginal gains, mirroring the positive sentiment across global markets, investors are keeping an eye on the final leg of corporate earnings for domestic cues. Here are some stocks in … Read more

Tata Motors Shares Rise Over 3% as Company Unveils New Heavy-Duty Trucks in South Africa. Shares of Tata Motors Limited witnessed a surge of over 3 percent during afternoon trading on February 16, following the company’s announcement of the commercial launch of its multipurpose heavy-duty trucks in South Africa. According to a press release by … Read more

As of 1325 hours on Friday, HAL’s stock was up 2%, trading at Rs 3,086, while BEL’s stock on BSE also saw a 2% increase, trading at Rs 189.85. During Friday’s trading session at 1325 hours, HAL’s scrip exhibited a 2% uptick, reaching Rs 3,086, while BEL’s scrip on BSE similarly experienced a 2% rise, … Read more

In the past 11 trading days since the turmoil commenced following RBI’s ban on the Paytm Payments Bank, Paytm has witnessed a significant downturn, losing approximately Rs 27,000 crore in value. This equates to a staggering 57 percent decline in its market worth during this period. As the aftermath of RBI’s ban on the Paytm … Read more

In response to robust international indicators, the Indian stock market sustained its upward trajectory for the fourth consecutive day. The Nifty 50 index swiftly climbed back above the 22,000 threshold mere moments after trading commenced, while the Bank Nifty index swiftly surged past the 46,300 milestone, heralding a fresh breakout early in the session. While … Read more

ABC News report: US White House’s Intelligence Committee chairman warns of “national security threat” due to Russian nuclear capabilities. According to the intelligence report, Russia is reportedly aiming to deploy a nuclear weapon in space, potentially targeting satellites. The revelation surfaced following an uncommon and enigmatic statement from Representative Mike Turner, the Republican chairman of … Read more

Tata Group in Talks with Uber for Strategic Partnership to Boost Traffic and Engagement on Tata’s Digital Platform: Sources to The Economic Times. Tata Group and Uber Explore Strategic Collaboration, Potential Integration of Uber Services into Tata Neu ‘Super App,’ Reports The Economic Times; Tata Digital Denies Talks, Uber Yet to Respond. Tata Neu, a … Read more

ABVP Members Launch Protest Against Saraswati Idol’s Attire, Joined by Bajrang Dal Supporters Over Alleged Vulgarity Concerns in Tripura College. Agartala: Saraswati Puja celebrations at a government college in Tripura took an unexpected turn as protests erupted led by members of the Akhil Bharatiya Vidyarthi Parishad (ABVP), which were later joined by the Bajrang Dal. … Read more

“Income Tax Raids Hit Icon Builders, Suntec, and Medallion Offices in Mohali District: Documents Seized for Scrutiny” “In a significant development, teams of Income Tax (IT) officials conducted raids at multiple offices belonging to prominent real estate firms, including Icon Builders, Suntec, and Medallion, situated in the Mohali district. The raids, which commenced around 11 … Read more

Morgan Stanley Analysts Predict $550 Billion Capex in Next Decade as India Focuses on Building Energy Security. Power Stocks Rally: NTPC, Power Grid, BHEL, Tata Power, and Torrent Power Surge Up to 6% on Morgan Stanley’s Bullish Calls and Target Price Upgrades. Morgan Stanley Boosts Power Sector Sentiment: Upgrades BHEL to ‘Equal-Weight’, Sets Target at … Read more

Record-Breaking Auto Sales in 2023 Fuel Growth for Indian Tyre Companies: Apollo Tyres Benefits from Surge in Demand, Elevating Margins Across Sector. A Comprehensive Analysis of Technical and Fundamental Outlook for the Tyre Major in This Stock Check. Apollo Tyres Surges Over 58% in Last 1 Year, Up Nearly 15% YTD in 2024: February Dip … Read more

Market Update: Mufin Green Finance Ltd Emerges as Top Multibagger in Indian Stock Market, Soaring Over 450% in One Year for Positional Investors. Analysts Eye Further Upside Potential. Mufin Green Finance share price surged today, reaching an intraday peak of ₹250 per share on the BSE. Within moments of the opening bell on Thursday, the … Read more

Adani Green Energy Surges Nearly 6% Despite Weak Market; Operationalizes 551 MW Solar Capacity in Gujarat, Eyes Massive 30 GW Renewable Energy Plant in Khavda. Adani Green Energy Share Price Opens Higher at ₹1870.30, Surges 5.8% to ₹1,959.60 in Morning Trade; Trades 4.60% Higher at ₹1,938 by 9:50 am. Adani Green Energy Operationalizes 551 MW … Read more

Paytm Shares Plunge as RBI Takes Drastic Action on Paytm Payments Bank, Revenue Outlook Grim. Paytm shares experienced a 4% decline on February 15, a day following the revision of circuit limits by bourses from 10% to 5%. This adjustment occurred just after Paytm shares were locked at their 10% lower circuit limit the previous … Read more

National Stock Exchange (NSE) Sets Date for Special Live Trading Session on March 2, 2024, Including Intraday Shift to Disaster Recovery (DR) Site in Preparedness for Potential Operational Challenges. In a circular issued on February 14, the National Stock Exchange (NSE) informed its members about the upcoming special live trading session scheduled for Saturday, March … Read more