Rail Vikas Nigam Limited (RVNL) shares gained 2.4% to the day’s high of Rs 366 in Friday’s early trade after the company announced securing a contract worth Rs 554.64 crore from the National Highways Authority of India (NHAI). The contract involves the construction of a six-lane access-controlled connectivity road to the Visakhapatnam Port in Andhra…
READ MOREBharat Petroleum Corporation Ltd (BPCL) shares rose 1.6% to a high of Rs 266.35 on the BSE on Wednesday after the company announced a partnership with BluJ Aerospace and KPIT Technologies for various projects. Additionally, BPCL launched the ‘Emerge’ cohort under the BPCL Ankur Fund to support startups. Here are the details: BPCL partners with…
READ MOREIndian benchmark equity indices traded flat on Wednesday as gains in metal stocks, following the government’s recommendation of a temporary tax on certain steel imports, offset losses in IT stocks ahead of the Federal Reserve’s policy decision. The BSE Sensex was trading 34 points, higher at 75,335. The Nifty50 was up 15 points, trading at…
READ MOREShares of Paytm’s parent company One 97 Communications climbed 3.6% to Rs 713.50 on the BSE in Tuesday’s trading session after the company announced that its wholly owned subsidiary, Paytm Money, has received SEBI approval as a registered Research Analyst. In an official disclosure, Paytm stated that SEBI has granted a Certificate of Registration to…
READ MORELeading brokerage firms have recently shared their updated views on Saregama India, Bajaj Finserv, and Varun Beverages. Synopsis Mirae Asset Sharekhan remains optimistic about Saregama India, highlighting its content investment strategy and shift towards becoming an entertainment IP company, which strengthens its long-term resilience. Leading brokerage firms have shared their latest views on Saregama India,…
READ MOREShares of Religare Enterprises went up by 2.8% on the BSE to their day’s high of Rs 241.70 on the BSE on Tuesday after the company appointed Trilegal and Grant Thornton Bharat LLP to conduct a governance review, assessing past operational practices and potential misconduct involving current and former employees. In a stock exchange filing,…
READ MOREFears of an impending U.S. recession are mounting as economic indicators—both traditional and unconventional—point to growing financial strain. Consumers are cutting back on discretionary spending, companies are tightening their forecasts, and market volatility is rising, all while U.S. President Donald Trump’s trade policies continue to rattle investor confidence. Economists define a recession as a “significant…
READ MOREThe Nifty index opened negatively but saw significant buying, recovering 200 points to close near 22,500. Synopsis Nifty index opened negatively on Tuesday but rebounded 200 points from its low, closing around 22,500. A bullish candle formation suggests support-based buying at lower levels. The index needs to stay above 22,400 for further gains towards 22,650…
READ MOREA Chandigarh resident has stumbled upon a forgotten financial windfall, discovering decades-old Reliance Industries Ltd (RIL) shares originally purchased in 1988, now valued at approximately Rs 12 lakh. The revelation has triggered a wave of social media reactions, ranging from financial advice to lighthearted banter. Rattan Dillon, a car enthusiast from Chandigarh, found physical share…
READ MOREShares of Infosys Ltd tumbled 5.5% on Wednesday, extending a two-day slide of over 8% that pushed the IT giant into bear market territory. The sharp decline has not only rattled investors but also erased Rs 6,875 crore from the notional wealth of co-founder Narayana Murthy and his family. At its session low of Rs…
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