Stocks to buy this week: ITC, HUL, Concor and GAIL In intraday trading on Monday, December 4, the Nifty 50 increased by more than 2 percent to reach a new high of 20,702.65. This was due to the Bharatiya Janata Party (BJP) winning three important states on Sunday, which increased the party’s chances of winning…
Current Gold Rate: As yellow metal trades at historic highs After reaching all-time highs on the MCX and in global markets on Monday, gold continued to rise strongly on Tuesday. Prices are rising as a result of market predictions that interest rates will drop in 2019. This has hurt Dollar’s chances and raised the price…
Through a notice published on November 7, 2023, the finance ministry revised the rules governing early withdrawals from post office fixed deposit, often known as post office time deposits. As per the latest standards, it is not possible to prematurely terminate a post office fixed deposit (FD) with a five-year term that was started on…
The Axis Mutual India Manufacturing Fund, an open-ended equity strategy that embodies the Indian manufacturing concept, was recently launched by Axis Mutual Fund. The public subscription period for the program began on December 1, 2023, and it will end on December 15, 2023. Following the date of allotment, the plan reopens for continuous sale and…
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…
