GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a subdued opening on Wednesday. Here’s a look at the key stocks to watch in trade.
Stocks in Focus: GIFT Nifty traded higher as the index was up 37 points or 0.17% at 22,230.00 indicating a positive start for domestic indices NSE Nifty 50 and BSE Sensex on Wednesday. Previously, on Tuesday, the NSE Nifty 50 gained 76.30 points or 0.34% to settle at 22,198.35, while the BSE Sensex closed 305.09 points or 0.42% lower at 73,095.22.
Stocks to Watch on February 28, 2024
ICICI Bank
Stocks To Watch: Vedanta, Vodafone Idea, Happiest Minds Technologies, Asian Paints, Piramal Enterprises Stocks To Watch: Berger Paints, Vodafone Idea, O…
The shares of agricultural solutions and services major UPL plunged over 6% in two days after the company reported a 95% drop in net profit year-on-year in Q4FY24. The share price of UPL slipped 6.07% to two day low of Rs 501.65 on NSE.
On Monday, UPL reported a substantial 95% year-on-year (YoY) decrease in its consolidated net profit, amounting to Rs 40 crore for the fourth quarter ending March 2024, contrasting with Rs 792 crore in the corresponding period of the previous year.
Similarly, revenue from operations during the same period witnessed a decline of 15% YoY, falling to Rs 14,078 crore compared to Rs 16,569 crore in the previous year.
Direct Benefit Transfer: MSME beneficiary count in 2023-24 drops even as funds transferred up by 70% 52% of …
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Thursday. Here is all you need to know before the market opens.
GIFT Nifty traded up by 128.50 points or 0.59% at 22,053 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Thursday. Previously, on Wednesday, the NSE Nifty 50 ended up by 21.65 points or 0.10% to settle at 21,839.10, while the BSE gained 89.64 points or 0.12% to 72,101.69.
“Markets traded volatile and ended almost unchanged, taking a breather after Tuesday’s decline. After the initial uptick, it resumed decline in no time however recovery in select heavyweights pared losses as the session progressed. On the sectoral front, a mixed trend continued whe…
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a negative opening on Wednesday. Here’s a look at the key things to know before the market opens.
GIFT Nifty traded down by 36 points or 0.15% at 23,684.50 indicating a negative opening for domestic indices NSE Nifty 50 and BSE Sensex on Wednesday. Previously, on Tuesday, the NSE Nifty 50 ended up by 183.45 points or 0.78% to settle at 23,721.30 while the BSE Sensex gained 712.44 points or 0.92% to 78,053.52.
“The markets edged higher, gaining over half a percent, signaling a resumption of the uptrend after a brief pause. Following an initial uptick, Nifty traded within a range during the first half, but selective buying in heavyweight stocks, particularly from the banking…
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 might see a higher opening on Thursday. Here is all you need to know before the market opens.
GIFT Nifty was up 67 points, or 0.27%, at 25,116 indicating a higher start for the domestic indices NSE Nifty 50 and BSE Sensex on Thursday. Previously, on Wednesday, the NSE Nifty 50 closed 94 points or 0.38% higher to settle at 24,951, while the BSE Sensex rose 286 points or 0.35% to finish at 81,741.
Key things to know before share market opens on August 01, 2024
Wall Street
US markets ended higher as Powell kept the interest rates unchanged. However, pointed towards the possibility of a rate cut in September. Overseas investors pou…
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Friday. Here is all you need to know before the market opens.
GIFT Nifty traded up by 21 points or 0.10% at 21,715. indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Friday. Previously, on Thursday, the NSE Nifty 50 gained 28.50 points or 0.13% to settle at 21,647.20, while the BSE Sensex ended higher by 63.47 points or 0.09% to 71,721.18.
“Markets traded dull and settled almost unchanged, in continuation to the prevailing consolidation phase. After the initial uptick, Nifty slipped gradually lower however recovery in the select index majors pared the losses in the final hour. Consequently, Nifty closed at 21647.20 …
US short-seller Hindenburg Research has levelled new accusations against Securities and Exchange Board of India (SEBI) Chairperson Madhabi Buch and her husband, Dhaval Buch. In a recent blog post, Hindenburg claimed that the Buchs had stakes in obscure offshore funds linked to the Adani money siphoning scandal. It said 18 months since its damning report on Adani, “SEBI has shown a surprising lack of interest in Adani’s alleged undisclosed web of Mauritius and offshore shell entities.”
Obscure offshore Bermuda and Mauritius funds, allegedly controlled by Vinod Adani — elder brother of group…
For three weeks, Sam Bankman-Fried sat silently in the third row of a Manhattan federal courthouse as his former closest colleagues and ex-girlfriend tore him apart.
All three members of his inner circle—Caroline Ellison, Gary Wang, and Nishad Singh—testified that the former FTX CEO directed them to commit fraud, lie to investors, and create special exceptions to allow his trading firm Alameda Research to borrow billions of dollars from FTX customers. They said that he knowingly deceived the public about the way his business worked. Bankman-Fried has been charged with eight counts, including wire fraud and conspiracy to commit money laundering.
Throughout the trio’s testimonies, it was yet unclear as to whether Bankman-Fried would respond to their allegations by…
Greg Wasson worked for Walgreens for more than three decades, starting as an intern and serving as chief executive officer of the pharmacy giant from 2009 to 2014.
Now, Wasson is suing his former employer in a contract dispute with a technology startup he helped found in 2017. He claims current Walgreens CEO Roz Brewer reneged on an agreement to replace glass doors on store refrigerator displays with high-tech digital screens that would flash product information and advertisements at consumers while they were shopping for cold beverages.
Brewer’s decision to end a roll-out of the “Smart Doors” that Wasson and his partners at Cooler Screens had committed to installing at 2,500 Walgreens Boots Alliance Inc. stores across the US cost their business more than $…
I’m a global macro investor who has been betting on what’s going to happen for over 50 years. I’ve been through all sorts of events and cycles in all sorts of places over a long time which led me to study how these events and cycles work. In the process, I learned that I needed to study history to understand what’s going on and what’s likely to happen.
Early in my career, I learned though a couple of painful mistakes that the biggest things that surprised me did so because they never happened in my lifetime but had happened many times in history. The first time that happened was on August 15, 1971 when I was clerking on the floor of the New York Stock exchange and the U.S. defaulted on its debt promise to allow people to turn in their paper dollars fo…