BSE share price: So far in 2023, the BSE share price has increased by more than 360%, providing investors with multi-bagger returns. On Monday, the stock rose more than 3% to a new 52-week high of $2,595.00 per share, extending gains for the seventh day in a row. According to brokerage firm Sharekhan, despite a…
Holdings to Monitor – New Delhi The stocks listed below may be of interest on Monday: Tata Power: Has emerged victorious in the bidding process to acquire Bikaner-III Neemrana-II Transmission, a project SDV established by PFC Consulting, an affiliate of Power Finance Corp. Build-Own-Operate-Transfer will be the project’s development model. Transmission service will be provided…
Sheetal Universal Ltd, a supplier of agricultural commodities, is set to kick off its IPO subscription on Monday, December 4. The Company IPO falls under the SME category and follows a fixed pricing structure. The IPO allotment is anticipated to be finalized on December 7, and the public issue will close on December 6. The…
Nifty: The short-term technical picture for the Nifty remains bullish, with resistance at 20500–20751 and support at 20089–19909, according to Prashanth Tapse, Senior VP (Research), Mehta Equities. In the shortened week, the Indian equity market recorded strong gains and continued its winning streak for the fifth week in a row. This helped the Nifty50 test…
The domestic equity Stock Market saw healthy gains on Friday, December 1, with the benchmark Nifty 50 reaching a new intraday high of 20,291.55 on all-round buying after India’s Q2 GDP numbers exceeded expectations. The Nifty 50 ended 135 points, or 0.67 percent, higher at 20,267.90. During the session, the midcap and smallcap indices also…
The innovative plan from Life Insurance Corporation of India (LIC) combines entire life insurance with individual savings. Designated as LIC’s Jeevan Utsav, the scheme will go into effect on November 29, 2023. This plan provides comprehensive life insurance coverage for the duration of an individual’s lifetime and is non-linked and non-participating. Furthermore, the plan permits…
Tata Technologies’ initial public offering (IPO) was listed at a whopping 140% premium on Indian bourses on Thursday during a special pre-open session. However, after providing a multi-bagger return to the lucky allottees, Tata Technologies’ share price extended its gains and reached 1400 apiece levels on NSE, delivering a 180 percent listing premium to those…
UltraTech Cement: In today’s trading session, shares of UltraTech Cement, the flagship business of the Aditya Birla Group, saw a rise of 2.60% and reached a new all-time high of ₹8,960 per share. This followed the company’s announcement on Wednesday in an exchange filing that it had paid ₹169.79 crore to purchase Burnpur Cement Limited’s…
Metro Brands: In the wake of the company’s announcement on Wednesday of a strategic alliance with New York-based specialty athletic retailer Foot Locker, Inc., Metro Brands’ share price surged over 9% to reach a 52-week high on Thursday’s trading. On the BSE, Metro Brands’ shares began trading at ₹1,371.50 each. The share price of Metro…
Steel Deficit: Even if local steel production and consumption have grown, there are still issues with the global market that affect India’s export environment as demand declines in important regions like Europe and Vietnam. India reported a trade deficit in steel shipments (value of imports surpassing exports) for the second year in a row due…
