Shares of Indraprastha Gas Ltd (IGL) surged by 4% to ₹374.80 in early trading on the BSE, up from the previous close of ₹360.30. This rise came after the company announced plans to consider issuing bonus shares, a move that has piqued investor interest. The clean energy firm now boasts a market capitalization of ₹25,634 … Read more
The shares of HEG and Graphite India have seen a significant surge in recent trading sessions, following China’s announcement of export restrictions on critical materials to the United States. This development has created ripples in global markets, with Indian companies positioned to benefit substantially from the changing trade dynamics. Here’s a detailed analysis of the … Read more
Bitcoin (BTCUSD), the world’s leading cryptocurrency, has achieved a historic milestone by surpassing the highly anticipated $100,000 mark. This remarkable surge has not only validated bullish forecasts but also opened the door for further upward momentum in both the short and medium term. Bitcoin’s Ascent to New Heights The cryptocurrency’s rally continues to demonstrate resilience … Read more
Shares of Indus Towers surged 5% in early trading on December 5, following a significant block deal in which UK-based Vodafone Plc divested its remaining 3% stake in the telecom infrastructure company. The transaction, valued at ₹2,802 crore, marked Vodafone’s complete exit from Indus Towers, further streamlining its operations and addressing financial pressures. Details of … Read more
In a groundbreaking development, Bitcoin has soared past the $100,000 mark, achieving an unprecedented milestone in its 16-year history. This surge represents not only a significant financial benchmark but also signals the increasing acceptance of cryptocurrency in mainstream finance. The remarkable rise in Bitcoin’s value coincides with shifting political dynamics in the United States, catalyzed … Read more
ICICI Securities has upgraded its rating for Bharti Airtel to ‘Buy’, citing strong fundamentals and growth potential. The brokerage has set a target price of ₹1,875 for the stock, based on its latest research report dated November 29, 2024. Bharti Airtel Stock Performance ICICI Securities’ Valuation Analysis ICICI Securities highlighted that Bharti Airtel’s Enterprise Value/EBITDA … Read more
Muted Opening Expected as GIFT Nifty Declines Amid Global Weakness The Indian stock market is expected to open on a cautious note today, with domestic benchmark indices reflecting weak global cues. As of Friday morning, GIFT Nifty is down by 5.95 points, signaling a subdued start. Here’s a detailed analysis of the overnight changes that … Read more
HDFC Life Insurance, one of India’s leading life insurance companies, witnessed a significant drop of over 5% in its share price on November 28, 2024. The stock faced selling pressure amid a broader market trend and recorded notable price movements throughout the trading session. This comprehensive analysis provides insights into the company’s recent stock performance, … Read more
NTPC Green Energy shares continued their upward trajectory on November 28, 2024, marking the second consecutive day of gains following a successful IPO. Listed on both the NSE and BSE, the stock has garnered significant attention, reflecting strong investor confidence in the company’s renewable energy vision and growth potential. This article delves into NTPC Green … Read more
Mahindra & Mahindra Financial Services (MMFS) shares demonstrated resilience today, rising by 0.55% despite broader market indices showing a downward trend. The stock closed at ₹274 after hitting an intraday high of ₹276 and a low of ₹272.05. This article delves into the day’s performance, technical analysis, and fundamental insights into MMFS, adhering to SEO … Read more