Markets showed volatility during the special trading session for the Union Budget and ultimately closed flat. In today’s trade, shares of Power Grid, Divi’s Labs, RIL, ITC, Anant Raj among others will be in focus due to various news developments and third quarter results. Power Grid, Divi’s Labs, General Insurance Corp, Tata ChemicalsShares of Power…
READ MOREThe third quarter earnings season is underway and about 104 companies will announce their results on Tuesday. Key results to watch out include from Power Grid, Divi’s Labs, General Insurance Corp and Tata Chemicals. Apart from the above, companies like Gland Pharma, Aditya Birla Capital, KPR Mill, KEC International, Premier Energies, Sky Gold, Stove Kraft,…
READ MOREIndian blue-chip equity indices, the Sensex and Nifty50, reversed their early gains and traded in the red on Friday. While IT stocks gained after TCS met its quarterly profit estimates, the gains were offset by declines in index heavyweight Reliance Industries and banking and financial stocks. The BSE Sensex was trading 217 points, or 0.28%,…
READ MOREShares of Hitachi Energy climbed about 10% on Monday to Rs 12,812 on BSE after the company secured a project order from Power Grid Corporation in partnership with state-owned engineering firm BHEL. The order is to design and execute the 800kV, 6,000 MW, 1,200 km High Voltage Direct Current (HVDC) terminal stations to evacuate renewable…
READ MOREIndian benchmark equity indices Sensex and Nifty50 opened marginally higher on Thursday, led by index heavyweights HDFC Bank, RIL, and IT stocks, amid in-line US inflation data boosted expectations of a Federal Reserve rate cut in December. The BSE Sensex was trading 111 points, or 0.14%, higher at 77,801. The Nifty50 was up 32 points,…
READ MOREDomestic market extended its rebound, gaining over 1% amid positive global cues. In today’s trade, shares of Tata Steel, M&M, Trent, Blue Star, Hindalco among others will be in focus due to various news developments and second quarter results M&M, Trent, NHPC, Page IndustriesShares of M&M, Trent, NHPC and Page Industries will be in focus…
READ MOREIndia’s power sector presents a colossal multi-decade investment opportunity, with an estimated INR40 trillion in investments over the next decade. This potential is fuelled by three key drivers: rising power demand, a necessary shift towards renewable energy, and the modernization of aging infrastructure. Power demand in India is expected to grow at a faster rate,…
READ MOREKey equity indices Sensex and Nifty opened at fresh record highs for the sixth consecutive session on Thursday, driven by gains in IT and auto stocks, amid continued optimism over higher foreign inflows. The BSE Sensex was up 123 points, or 0.15%, at 85,290, while the Nifty50 rose 40 points, or 0.15%, to 26,043 around…
READ MOREShares of Power Grid surged by 4.5% on the BSE to a new all-time high of Rs 366.20 after the global brokerage firm Goldman Sachs showed its optimism about the stock, setting a target price of Rs 370 with a buy rating.The government has upgraded the transmission capex estimate to $110 billion. An 8%+ transformation…
READ MOREDomestic markets remained volatile for another session, ending flat in line with global trends ahead of the US Fed meeting. In today’s trading, shares of NTPC, IREDA, SpiceJet, Nazara Tech, GE T&D India, and Power Grid, among others, will be in focus due to various news developments. IREDA The Indian Renewable Energy Development Agency (IREDA)…
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