Ocean of Knowledge
Guwahati, Jun 1: A gang of Fake Indian Currency Note (FICN) traders was busted in Guwahati on Saturday.As per reports, a team of the East Guwahati Police Department (EGPD) from Dispur police station raided a house in the Down Town area of the city.During the raid, the team was able to recover a printing machine…
Read More “Three arrested for involvement in fake currency case in Guwahati” »
Starting this Saturday, the top 100 listed companies by market capitalization will be required to confirm or deny any market rumours reported in mainstream media. This mandate will extend to the top 250 companies from December 1. Under SEBI’s new rule, these companies must “confirm, deny, or clarify any reported event or information in the…
As Phase 5 of Lok Sabha elections gets underway, Prime Minister Narendra Modi, in an interview to a TV channel, played down the nervousness in Dalal Street street on the poll outcome, saying the Indian stock markets will break all previous records on June 4. “You see, the day election results come out, and throughout…
Multibagger stocks: At least nine penny stocks delivered multibagger returns in the ongoing six-week long election season that kicked started on April 19. A total of 31 stocks climbed over 50 per cent, data compiled from corporate database AceEquity suggests. From Rs 4.90 per share to Rs 17.28 apiece, Healthy Life Agritec Ltd shares zoomed…
Read More “9 penny stocks that delivered 100-230% returns in election season –” »
With the results of the General Election just a week away, on June 4, investors are closely monitoring the political landscape, with expectations running high that the National Democratic Alliance (NDA) may register victory for the third time in a row. In a webinar, Manish Sonthalia, Chief Investment Officer of Emkay Global Financial Services, shared…
Read More “‘If NDA wins over 300 seats…’: Emkay’s Manish Sonthalia predicts Nifty50 trajectory –” »
The combined market capitalisation of the Aditya Birla Group firms surged past the $100 billion mark (Rs 8,51,460.25 crore), joining the likes of Tata Group, Adani Enterprises and Reliance. The group firms — UltraTech Cement, Grasim, Hindalco, Aditya Birla Capital, Aditya Birla Sun Life AMC, Vodafone Idea, Aditya Birla Fashion and Retail, TCNS Clothing, Aditya…
Hindustan Zinc Ltd (HZL), Hindustan Aeronautics Ltd (HAL) and State Bank of India (SBI) are among stocks that beat some of the most-valued stocks on Dalal Street such as Reliance Industries Ltd (RIL), Infosys Ltd and Tata Consultancy Services Ltd (TCS), or Adani stocks, in terms of market capitalisation (m-cap) addition in the ongoing Lok…
Global brokerage CLSA believes the narrow election theme-based rally may end in the domestic equity market in June-July. However, it sees banks as the best risk-reward growth play in the country during the second half of 2024. The overseas firm added that a favourable outcome in the general elections would raise investor confidence in India’s…
The India VIX, also known as the volatility index, has surged more than 100% since April 23. A couple of factors, including the ongoing General Elections and sustained selling pressure by foreign institutional investors, weighed on market sentiment. Meanwhile, the NSE Nifty index fell more than 1% against its all-time high scaled on May 3….
Foreign investors pulled out a massive Rs 22,000 crore from Indian equities so far this month amid uncertainty surrounding the outcome of the Lok Sabha elections and outperformance of Chinese markets. The number comes after a net outflow of over Rs 8,700 crore in the entire April on concerns over a tweak in India’s tax…