Posts in category Business Standard
BSE SME stocks see total m-cap crossing Rs 1 trn on investor exuberance (06-12-2023)
The BSE SME IPO index has surged over 2,400 per cent since the end of 2019
Nifty Smallcap 250 up 10.2% in November 2023, Nifty 500 rose 7% (06-12-2023)
Across the board, all sector indices closed the month on a positive note. The realty sector emerged as the top performer, witnessing a substantial increase of 18 per cent.
Angel One zooms 10%, hits record high on solid biz performance in November (06-12-2023)
Angel One's client base grew 51.3 per cent year-on-year (Y-o-Y) to 18.45 million
Tata Power soars 6%; hits new high after 20 months on positive outlook (06-12-2023)
CRISIL Ratings expects Tata Power's consolidated adjusted Ebitda to be more than Rs 12,000 crore each in fiscals 2024 and 2025, against around Rs 11,500 crore in FY23 and around Rs 9,600 crore in FY24
These two SME stocks zoom 100% over issue price on debut (06-12-2023)
Amic Forgings was trading at Rs 251.35 against its issue price of Rs 126 per share, while Deepak Chemtex was quoting at Rs 159.60, against its issue price of Rs 80 per share.
Investors’ wealth rises by Rs 2.17 trn in deals as markets scale new peaks (06-12-2023)
Investors turned wealthier by Rs 2.17 lakh crore on Wednesday, as benchmark indices raced to scale new peaks, lifted by gains in blue chip stocks on the back of strong institutional inflows.
Benchmark sensitive indices Sensex and Nifty touched record highs in initial trade on Wednesday, with Nifty nearing the psychologically-important level of 21,000.
The 30-share BSE Sensex jumped 303.25 points, or 0.44 per cent, to a new record high of 69,599.39 in the morning trade. The broader index Nifty also climbed 100.05 points, or 0.48 per cent to hit its fresh lifetime high of 20,955.15.
The market rally added Rs 2.17 lakh crore wealth to investors' kitty.
The market capitalisation of BSE-listed companies surged to Rs 348.64 lakh crore in initial deals on Wednesday, from Rs 346.47 lakh crore in the previous trading session.
Analysts said foreign institutional investors have reversed their selling strategy and have been consistent buyers during the last seven days. This momentum is a ...
Vedanta’s Hindustan Zinc to give interim dividend worth Rs 2,535 crore (06-12-2023)
Earlier in July, Hindustan Zinc had announced its first interim dividend of Rs 7 per share
Patanjali Foods hits record high on healthy biz outlook; soars 24% in 2 mth (06-12-2023)
The company said it is aiming to increase market share in foods segment through continued focus on biscuits and masala category
India’s stock market value tops $4 trillion, narrowing gap with Hong Kong (06-12-2023)
The market capitalisation of companies listed on India's exchanges has risen by $1 trillion in less than three years, as the South Asian market emerges as one of the best performers
Infra, manufacturing, utilities to be biggest beneficiaries of bull market (06-12-2023)
Apart from the aforementioned traditional sectors, current capex cycle may have additional drivers in the form of new-age sectors such as data centres, AI infrastructure, EVs and green energy