Record-breaking earnings drove Dixon Technologies’ share price to a new high on Friday, October 25, before sharp profit booking saw it drop 18 per cent from its peak. With strong performance indicators and new partnerships, brokerages remain optimistic about the company’s future prospects. Shares of Dixon Technologies hit an all-time high of ₹15,999.95 on Friday … Read more
After a robust financial performance and 5 straight months of gains, brokerage house HDFC Securities has picked EPL as its ‘pick of the week’ “We believe investors can buy the stock in ₹245-255 band (20.5x FY26E EPS) and add on dips in ₹220-230 (18.5x FY26E EPS) band for a base case fair value of ₹274 … Read more
Although the banking sector has lagged behind the Indian benchmark Nifty index over the past 6 to 12 months, it is well-positioned for substantial long-term growth, driven by India’s largely underbanked population. In 2024, the Nifty Bank index has risen over 8 percent year-to-date, trailing the benchmark Nifty’s almost 13 percent increase. Meanwhile, over the … Read more
Certainty in the election outcome and renewed foreign investor inflows into Indian equities have pushed benchmark indices to new peaks for two consecutive sessions. However, the banking index has not mirrored this trend. Does the election impact the banking sector? If yes, would a likely third term for Modi benefit private banks or public sector … Read more
Shares of Finolex Cables surged over 14 percent in intra-day deals on Friday to its record high of ₹1,308.25 after the company posted better-than-expected results for the quarter ended March 2024 (Q4FY24). The firm posted a 6.3 percent year-on-year (YoY) increase in its consolidated net profit at ₹186.1 crore for the fourth quarter of FY24 … Read more
Sensex Today | Share Market Live Updates: The National Stock Exchange (NSE) and the BSE will hold a special live trading session on Saturday to test their preparedness and resilience. This session will involve an intra-day switch from the primary site to the disaster recovery site for equity and equity derivative segments. The session will … Read more
Outstanding positions in marketwide futures hit a record ₹4.38 trillion on Thursday when the May series of derivatives began, pointing to a volatile month ahead. Marketwide futures include single stock futures and index futures (Nifty and Bank Nifty). While the market has priced in a victory for the ruling National Democratic Alliance when the results … Read more
Stock Market Live Updates | Sensex Today : Shares in Asia fell Friday tracking US stocks, as interest rate uncertainty and geopolitical tensions weighed on sentiment. Australian and Japanese shares declined. Hong Kong markets are set to resume trading after a holiday, while mainland China and Taiwan will be closed for a second day. Contracts … Read more
Recent developments have shown promise for Paytm, as it obtained approval from the National Payments Council of India (NPCI) to operate as a third-party app, allowing it to function similarly to competitors like Google Pay and PhonePe. Moreover, Paytm has forged partnerships with Axis Bank, HDFC Bank, SBI, and Yes Bank to facilitate seamless business … Read more
The ability to transfer shares between demat accounts offers shareholders greater flexibility, efficiency, and control over their investments. Whether for consolidation purposes, ownership changes, or portfolio management needs, leveraging this functionality can streamline the process of managing and monitoring shares effectively. Advantages Transferring shares between demat accounts offers several advantages: Consolidation of Shares: By transferring … Read more