Reliance Industries Limited (RIL) announced that its Board of Directors had approved a 1:1 bonus share issue during its annual general meeting (AGM) in September this year. This means shareholders holding one fully paid-up equity share of ₹10 each will receive an additional share of the same value. The bonus issuance is expected to be … Read more
Breakout stocks to buy or sell: Even though foreign portfolio investors (FPIs) continued selling Indian equities, strong support from domestic institutional investors (DIIs) underpinned the Indian stock market in the previous session on Tuesday, October 8, as the benchmarks, the Sensex and the Nifty 50 saw healthy gains of almost a per cent. The Sensex … Read more
Indian stock market witnessed a carnage in the first week of October amid selling pressure across the board on weak global cues. The benchmark indices, Sensex and Nifty 50, plunged around 4.5% each last week, recording their worst week in two years. On Friday, the Sensex tumbled 808.65 points, or 0.98%, to close at 81,688.45, … Read more
This was no flashy consumer brand but a business-to-business (B2B) player in the electronics sector—a sector not typically associated with Indian companies. The return on equity stood at a respectable 22%. Would you have been tempted to invest? Maybe, maybe not. I admit, I didn’t. The company in question? Dixon Technologies. Since its IPO in … Read more
Zomato share price declined over 2% on Monday, extending losses for the fifth straight session. Zomato shares fell as much as 2.19% to a low of ₹272.15 apiece on the BSE. In the past five sessions, Zomato shares have plunged more than 8%. Zomato shares hit a 52-week high of ₹298.20 apiece on September 24, … Read more
Dividend Stocks: Shares of several major companies, including ADS Diagnostics Ltd, Accelya Solutions India Ltd, and KPI Green Energy Ltd, among others, will trade ex-dividend from Monday, September 30, according to data collected from the Bombay Stock Exchange (BSE) website. As per the BSE data, some companies have announced other corporate actions, such as bonus … Read more
Top News The Securities and Exchange Board of India (SEBI) has introduced a new directive concerning the use of the Unified Payments Interface (UPI) for individual investors. According to SEBI’s recent circular, starting November 1, 2024, individual investors can apply for public issues of debt securities, non-convertible preference shares, municipal debt securities, and securitized debt … Read more
The fund house is betting big on exchange traded funds (ETF) and believes it has the strongest back-end to be the best in this space. In an interview with Mint, Swarup Mohanty, vice chairman & CEO, Mirae Asset Investment Managers (India) discussed upcoming RBI policy, GDP growth, changing risk profile of investors, plans in GIFT … Read more
Bank Nifty Trading Strategy Today: Indian stock market indices touched record high levels on Wednesday, with the BSE Sensex surpassing 85,000 level and the Nifty 50 closing above the 26,000-mark. The rally in the domestic equity has been accelerated by improved investors’ risk appetite after the US Federal Reserve’s supersized interest rate cut, sustained foreign … Read more
Benchmark indices Sensex and Nifty hit new highs in the previous session on September 24. However, as of September 25, trading remains subdued, with muted movement across the markets. On September 24, Benchmark Sensex reached a record high of 85,163.23, crossing the 85,000 mark for the first time, while Nifty set a new high of … Read more