The Indian stock market maintained its bullish momentum, with headline indices closing positively for the fifth consecutive session on Thursday. This rally was driven by strong performances in IT and banking stocks, with major contributions from Infosys, ICICI Bank, and Tata Consultancy Services (TCS). The S&P BSE Sensex ended the day at 81,765.86, gaining 809.53 … Read more
Shares of NHPC Ltd, a leading hydropower producer, witnessed a significant rally on Tuesday, climbing 4.71% to reach ₹88.82 on the Bombay Stock Exchange (BSE). With a market capitalization of ₹88,255 crore, the stock continues to attract investor interest, marking its third consecutive session of gains. Global brokerage CLSA’s optimistic outlook has been a key … Read more
Shares of One 97 Communications Limited, the parent company of digital payments giant Paytm, have been on a remarkable upward trajectory this year. The stock has surged approximately 54% year-to-date, and more impressively, it has gained over 220% from its 52-week low of ₹310 recorded on May 9, 2024. The recent rally, fueled by strategic … Read more
Trident Limited, a small-cap textile and paper manufacturing company, saw its stock surge by over 14% on Monday, December 9, following the announcement of a ₹3,000 crore investment plan in Madhya Pradesh. This development has captured the attention of investors, particularly those keeping an eye on promising small-cap stocks. Performance Highlights On Monday, Trident’s share … Read more
A powerful snowstorm sweeping through West Michigan has caused widespread power outages, affecting thousands of residents in multiple counties. As snow and strong winds move across the area, utility companies are working to restore power as quickly as possible. The storm, which began impacting the region on the evening of December 4, 2024, has left … Read more
Salesforce, the cloud-based software giant, continues to be a focal point for investors, analysts, and Wall Street alike, with the company’s stock making waves following its latest earnings report. In a period that could be interpreted as either exceptionally positive or somewhat mixed, Salesforce’s stock surged by 11%, reflecting optimism around the company’s AI-powered initiatives, … Read more
Shares of Zomato, the prominent online food delivery and aggregator platform, have been on an impressive upward trajectory in 2024. As of December 5, 2024, Zomato’s stock reached an all-time high of ₹299.25 per share on the Bombay Stock Exchange (BSE), marking a remarkable milestone for the company. The stock surged by 4.5%, peaking at … Read more
XRP, one of the leading cryptocurrencies, faced a significant downturn on December 5, 2024, experiencing a dramatic drop of 10.15%, marking its most substantial one-day loss since April 13, 2024. This sudden decrease has raised concerns among investors and analysts, as XRP’s market cap dropped to $135.93 billion, accounting for 3.78% of the total cryptocurrency … Read more
Multi Commodity Exchange of India (MCX), one of the leading financial services and non-banking financial companies (NBFC) in India, has been receiving increasing attention in the stock market due to its consistent outperformance. As of December 5, 2024, MCX’s stock price rose by 3.23%, outperforming its sector by 2.92%. This strong performance has not gone … Read more
Central Depository Services Limited (CDSL), one of India’s leading depositories, has witnessed a significant surge in its share price. On December 5, 2024, the stock jumped almost 9%, reaching a fresh 52-week high of ₹1,865.40 during morning trade on the NSE. This surge marks the second consecutive day of gains for the company, signaling strong … Read more