Shares of Adani Energy Solutions Ltd (AESL) jumped 1.6% to their day’s high of Rs 844.95 on Monday after the company secured a Rs 2,800 crore power transmission project in Gujarat. According to an exchange filing, the project will supply green electrons for the production of Green Hydrogen and Green Ammonia at Mundra in Gujarat….
READ MORENMDC shares will be in focus on Monday after the state-owned miner’s strike ended with trade unions withdrawing their protest over wage settlement. The company confirmed that employees resumed duties from the first shift on March 20, restoring normal operations across all projects. The strike, which began on March 6, had significantly impacted production at…
READ MOREApollo Hospitals shares will be in focus on Monday after its subsidiary, Apollo Healthco (AHL), announced plans to acquire an additional 11.2% stake in Keimed Pvt Ltd for Rs 625.43 crore from promoter Shobana Kamineni. In a regulatory filing, Apollo Hospitals stated that its board had approved AHL’s acquisition of 11.2% of Keimed’s issued and…
READ MORENCC shares may remain in focus on Monday, March 24, after announcing that the company has received a letter of acceptance (LoA) from Bihar Medical Services & Infrastructure Corporation for the redevelopment of Darbhanga Medical College & Hospital at Laheriasarai, Darbhanga. The order size of the project is Rs 1,480.34 crore. “Pursuant to Regulation 30…
READ MOREIndian equity benchmarks continued their upward momentum for the fifth consecutive session on Friday, driven by attractive large-cap valuations and renewed optimism over easing foreign outflows. The BSE Sensex rose by 0.73% to settle at 76,905, while the Nifty50 advanced by 0.69% to close at 23,350. Additionally, the Indian equity benchmarks outperformed their Asian peers…
READ MOREVeteran investor Vijay Kedia, the driving force behind Kedia Securities, has long been an inspiration to retail investors. Speaking at IOC 6.0 – Traders’ Mahakumbh, he reinforced a powerful message: One stock can change your life. And he’s not just speaking in theory—his own investment journey serves as proof. Kedia recounted a remarkable investment in…
READ MOREThe combined market valuation of nine of the top-10 most-valued firms surged Rs 3,06,243.74 crore last week, with ICICI Bank and Bharti Airtel emerging as the biggest gainers, in tandem with a bullish trend in equities. Last week, the BSE benchmark gauge surged 3,076.6 points, or 4.16 per cent, and the NSE Nifty jumped 953.2…
READ MOREThe erratic and inconsistent trade policies of US President Donald Trump are challenging the global commodity market, making prices highly volatile. The recent US tariffs on countries like Canada, Mexico, and China have raised concerns over a global trade war, as Canada and China have already imposed retaliatory tariffs on U.S. products. Bullion was the…
READ MORELed by a confluence of cooling bond yields, a topping-out of the dollar index, and a rupee rally that saw its best weekly gain in 2 years, Sensex has rallied over 3,000 points in just 5 trading sessions with investor wealth ballooning by Rs 22 lakh crore as the market capitalization of BSE-listed stocks shot…
READ MOREWith a host of key triggers set to unfold in the coming weeks, the Indian equity markets appear poised for a structural upside, believes Vikas Khemani, founder of Carnelian Asset Advisors. In an interaction with ET Now, Khemani emphasized how this correction was much needed and how we can now prepare for a structural market…
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