The Sensex and Nifty indices reached new all-time highs but ended the day flat due to market volatility. Despite a strong start, gains were erased in the final hour of trading. At the close, the Sensex dropped by 19.89 points, or 0.03 percent, to 75,390.50, and the Nifty fell by 24.65 points, or 0.11 percent,…
Gold Rate Weekly Trend: Gold futures on MCX are poised to register a weekly loss of over three per cent, with the spot rate falling by 1.7 per cent so far this week. As of last count on Friday, gold futures for June 5 and August 5 delivery on MCX were at Rs 71,374 and…
After a successful year of implementing the T+1 settlement, it has shown high levels of operational effectiveness. Recently, SEBI has introduced a new option for clearing and settling funds and securities on the same day (T+0) in addition to the existing T+1 settlement cycle. According to the T+0 system, trades will be settled on the day…
Renowned investor Shankar Sharma has made a significant investment in Bigbloc Construction, purchasing 3.65 lakh shares, equivalent to a 0.51% stake in the company, at an average price of Rs 235 per share. This transaction amounts to a total investment of Rs 8.57 crore. Bigbloc Construction specializes in the manufacture, sale, and marketing of AAC…
Investment Insights: Noteworthy Shareholders and Remarkable Growth Madhusudan Kela, renowned for his astute investment strategies, acquired a substantial 8,79,121 shares of Shilpa Medicare Ltd, while Sunil Singhania, another stalwart in the investment arena, secured 6,00,000 shares. Notably, Akash Bhanshali maintains a significant 1.84 per cent stake in the company. Exponential Growth: A Testament to Success…
Groww, the prominent investment platform, has experienced significant growth, outpacing its competitors in market share expansion and investor acquisition. According to recent data from the National Stock Exchange (NSE), Groww’s active investor base surged to 9.5 million in March 2024, marking a remarkable 77.5 percent increase compared to the previous year. This surge propelled Groww’s…
Adani Green Energy Ltd, spearheaded by Managing Director Vneet Jaain, is poised to revolutionize the renewable energy landscape with a massive investment of Rs 1.5 lakh crore. The endeavor aims to elevate the capacity to an astounding 30 gigawatts (GW) at the Khavda site in Kutch, Gujarat, over the next five years. Expanding Capacity: A…
Sensex Plummet: Exploring the Factors Behind the Market Turmoil The recent plummet in the Sensex has left investors bewildered and searching for answers. With over â‚ą12 lakh crore wiped off the market capitalization of BSE-listed stocks, questions arise about the underlying causes of this dramatic downturn. Let’s delve into the details and dissect the intricacies…
Platinum Industries Ltd., a leading multi-product company specializing in manufacturing stabilizers and lubricants, has successfully secured Rs. 70.59 crore from anchor investors in anticipation of its forthcoming initial public offering (IPO). The IPO is set to open for public subscription on Tuesday, February 27, 2024. Notably, the company allocated 41,28,237 equity shares at a price…
In the wake of the formal inauguration of the Ram Temple in Ayodhya on January 22, a profound event in Indian history, the lessons drawn from the epic life of Shree Ram extend beyond cultural significance. This article delves into 10 invaluable insights inspired by Lord Ram that offer guidance to stock market investors in…
