Indian Oil Corporation (IOC), Hindustan Petroleum Corporation Ltd (HPCL) and Bharat Petroleum Corporation Ltd (BPCL) shares – the state-run Oil Marketing Companies (OMC) – have received bearish views from analysts despite the recent sharp fall in crude oil prices, that touched a four-year low due to global growth concernsĀ Analysts expect the high auto fuel…
New-age tech stocks: Shares of One 97 Communications, the parent company of Paytm, have been maintaining a steady upward trend recently, resulting in handsome returns for shareholders. Over the last four weeks, the shares have surged from ā¹651 to ā¹840 apiece, delivering a 29% return. Notably, the stock has closed in the green for four…
Multibagger stock: Shares of Kernex Microsystems India, which manufactures and sells Safety Systems and Software services for Railways, were locked in the 5% upper circuit for the second consecutive trading session on Wednesday, April 02, reaching ā¹855.55 apiece after the company secured a Kavach order. On Tuesday, the company informed investors through an exchange filing…
Stock market today: Indian markets, which opened lower on Thursday, March 27, tracking weak global cues, quickly reversed their losses as financial stocks led a rebound, bringing the frontline indices back into action after the sharp sell-off in the previous session. The rebound in oil & gas, realty, and metal stocks has supported the indices,…
Shares of G R Infraprojects surged 11% in early trade on Wednesday, March 19, reaching ā¹1,042 after the company secured a large order from NHAI to build and upgrade the Agra-Gwalior highway. In its filing to the exchanges on Tuesday, the company announced that it had received a Letter of Acceptance (LoA) from the National…
Stock market: Indian retail investors, who have actively invested in mid- and small-cap stocks in recent years due to their relatively low trading prices compared to large caps, now seem to be gradually shifting away from them. Increased volatility in domestic markets, driven by both local and global headwinds, coupled with weak earnings, has made…
Stock market today: Extending their weakness to the third straight day on Monday, February 10, shares of Delhivery, the country’s largest fully integrated logistics services provider, tumbled another 5%, slipping below the ā¹300 mark for the first time since their listing in May 2022 to record a fresh all-time low of ā¹299.80 apiece. Today’s decline…
Taking a breather after recent rally, stock markets closed lower on Wednesday as investors turned cautious ahead of the RBI’s monetary policy decision later this week and trade war concerns. The 30-share BSE Sensex declined 312.53 points or 0.40 per cent to settle at 78,271.28 with 21 of constituents closing down and nine with gains….
The longest weekly winning streak since 2010 came to an end this week as the Indian market faced significant selling pressure today. This downturn was influenced by a sell-off in global markets following fresh data from the US, which has reignited recession fears. These concerns have resurfaced in the headlines for the first time since…
Despite a sharp sell-off seen across sectors on Friday as investors became cautious ahead of the Union Budget (2024-2025), Indian markets managed to end this week on a positive note, marking their seventh consecutive week of gains. The Nifty 50 closed todayās session down by 1.10% at 24,530 points, although it reached a new all-time…
