KEC International shares jump 5% on winning orders worth Rs 1,423 crore
KEC Internationalβs shares surged 5% to Rs 1,039 in Fridayβs trading session on the BSE, following the announcement of new orders worth Rs 1,423 crore. The contracts are for the design, supply, and installation of 380 kV transmission lines in Saudi Arabia. Vimal Kejriwal, MD & CEO of KEC International, said, “These orders in Saudi…
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197 smallcaps offer double-digit returns as markets continue record-breaking run in August
Domestic markets continued their record-breaking run even in the month of August, but the gains were steady with Sensex gaining close to 1%. The rally was also broad-based with the smallcaps outperforming the benchmark as the BSE smallcap index was up around 1.25% during the month. This was reflected in the gains of the broader…
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D-Street at record high! Sensex jumps 400 pts, Nifty above 25,150 led by bank & IT stocks
Indian benchmark indices, Nifty50 and Sensex, rebounded from a slow start to hit record highs on Thursday, fueled by gains in financial and IT stocks. The BSE Sensex was trading at 82,150 points, up 365 points or 0.45%. The Nifty 50 was at 25,150, up 98 points or 0.39%, around 1:05 pm. Despite the rally,…
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Paytm shares rally 5% on getting govt nod for downstream investment in payments arm
Paytm shares jumped 5% on the BSE in Thursday’s early trade, reaching a high of Rs 565, after the company received approval from the finance ministry to invest in its payment services business. After this approval, the payment services business, Paytm Payments Services Limited (PPSL), will resubmit the application for its payment aggregator license. βWe…
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Is the stock market closed tomorrow for Janmashtami?
Indian stock markets will remain open on Monday, August 26, the day of Krishna Janmashtami. All segments, including equity, derivatives, and SLB, will operate as usual. Additionally, the Multi-Commodity Exchange (MCX) will also remain open for both the morning and evening sessions. For the remainder of 2024, markets will be closed on Mahatma Gandhi Jayanti…
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How Indian stock market has evolved since Independence
Imagine yourself standing in front of a Dalal i.e. a broker in 1982, wanting to buy five shares of TATA with some paise in your hand, waiting for the broker to give you a form to fill as the other brokers shout on calls and across floors. Now teleport back into your phoneβs online brokerage…
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sensex news: Sensex rises over 150 points, Nifty above 24,900 as traders eye key central bank decisions
Ahead of the US Fed meeting outcome tonight in which Jerome Powell will signal the timing and number of rate cuts expected in the next few months, Sensex opened Wednesday’s session around 150 points higher while Nifty crossed the 24,900-level as the 25,000 remained elusive. While traders are booking profits at higher levels, the expectation…
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Market Trading Guide: BSE, Texmaco Rail among 8 stock recommendations for Thursday – Stock Ideas
Indian Railway Finance Corporation Share Price 192.27 03:59 PM | 24 Jul 2024 -1.87(-0.97%) One97 Communications Share Price 456.3 03:59 PM | 24 Jul 2024 -0.95(-0.21%) YES Bank Share Price 24.9 03:59 PM | 24 Jul 2024 -0.07(-0.25%) ITC Share Price 494.05 03:59 PM | 24 Jul 2024 1.86(0.38%) HDFC Bank Share Price 1604.05 03:59…
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hdfc bank shares: HDFC Bank shares surge 3% post Q1 results. Should you buy, sell or hold?
HDFC Bank surged nearly 3% to Rs 1,650.7 in Monday’s trade on BSE after the country’s top private lender reported a standalone net profit of Rs 16,175 crore for the quarter ended June 30, 2024, which was up by 35% over Rs 11,952 crore reported by the bank in the year-ago period. However, it was…
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Indices hit new highs, Sensex closes above 81K for first time
India’s benchmark indices surged to fresh new highs on Thursday, with the Sensex closing above 81,000 and Nifty ending above 24,800 for the first time. The rally was led by gains in information technology (IT) stocks ahead of Infosys’ first quarter results which were announced after trading hours on Thursday. The BSE Sensex ended at…
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