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Investing

Adani Power Stock Surges: Gains 26.96% in Two Days Amid High Trading Volumes

Shares in Adani Power Ltd saw robust up momentum for the second straight day on Wednesday, surging 6 percent to an intra-day high of ₹571.50. That is a spiky rise, a 26.96 percent gain within two trading sessions. The catchphrase Adani Power stock zooms capture all the buzz this time around its movement. During this

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Investing

Stock Market Selloff: Sensex, Nifty, and Other Stocks Face Tough Times

The stock market selloff continues to weigh on major indices. BSE Sensex dropped to 76,444.80, down 934.11 points or 1.21%. Nifty stood at 23,104, dropping 327.50 points or 1.4%. Other than these benchmarks, Midcap and Smallcap stocks dropped 4% each, raising further concerns about the direction of the market. Both the BSE Smallcap and Midcap

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Investing

Fabtech Technologies Cleanrooms IPO: Steps to Check Online Status and Latest GMP

For Fabtech Technologies Cleanrooms, there has been a keen response to the IPO after opening for public issues. The latter closed on 7th Jan 2025. And since it went in for subscriptions between 3rd Jan 2025 and 7th January, the actual response has not been short of a craze from the investors’ side, which really

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Investing

Bajaj Finance Stock Price Soars: Top Gainers on Sensex

Bajaj Finance Stock Price: Shares in Bajaj Finance jumped by nearly 4% in early trade on Thursday and touched an intra-day high of ₹7,199. Until 11:05 am, the stock was up 3.74% to ₹7,195, topping the Sensex gainers. Global brokerage Citi has reaffirmed its bullishness on the stock, which seems to have catapulted the company’s

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Investing

IndoFarm Equipment Ltd IPO GMP at ₹90: Should investors be optimistic?

For Friday, January 2, 2025, markets are likely to start the day flat, taking cues from the global markets and key economic updates. The GIFT Nifty tanked into the red, down below 23,885 around 6:40 am. Investors will keenly await India’s Manufacturing PMI and global indicators, including China’s Caixin PMI and U.S. jobless claims. Adding

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Investing

Sensex and Nifty Edge Higher Amid Volatile Trading

The benchmark indices edged higher on Thursday but saw volatile trading with a marked pullback in consolidation from initial gains. For instance, the S&P BSE Sensex finished with an increase of 18.18 points, moving up to 78,491.05, and NSE Nifty 50 improved by 22.55 points, ending at 23,750.20. The day started with a robust opening,

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Investing

IPO Allotment Status: Investors Await Five Big Allotments Today

IPO Allotment Status: The allotment status of five principal board initial public offerings (IPOs)—Mamata Machinery, Transrail Lighting, Concord Enviro, DAM Capital Advisors, and Sanathan Textiles—is likely to be decided today. These IPOs generated excitement among investors, who are eager to learn if they have acquired shares in these publicly offered companies. Allotment Process and How

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Investing

Zomato earns a place in Sensex: A milestone for India’s tech-driven economy

Zomato has secured a place in the Sensex during the rebalancing semi-annual, which closed on 20th December Friday. The inclusion of the giant food tech is likely to bring passive inflows of $513 million. Meanwhile, with the exit of JSW Steel, it might carry outflows of $252 million, says Nuvama Alternative & Quantitative Research. This

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Investing

Is it the right time to invest in Indian stock market?

Is it the moment to invest in the Indian stock market? Let’s look into the recent trends, factors driving the recovery, and expert insights to help you make an informed decision. Indian Stock Market: A Rollercoaster Day On Friday, Sensex and Nifty 50 indices experienced a volatile trading session in which both indices fell over

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Investing

Here is what updated RBI monetary policy means for your investment

Following the recently released monetary policy review by the Reserve Bank of India (RBI), there is a discussion among investors on where to invest their money. With a repo rate of 6.5%, the RBI has opted for a neutral approach, resulting in a balance of inflation management and economic growth. However, what does this entail

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