Posts

Showing posts with the label indian bank

Year-ender 2024: Trent, Zomato among 33 biggest wealth creators this year. Where are the money-making opportunities in 2025?

Image
[hfe_template id='11223'] [ad_1] The Indian stock markets, which had a roller coaster ride in 2024, produced 33 of the biggest wealth creators. These stocks have a market capitalization of Rs 5,000 crore or more and have delivered multibagger returns ranging from 315% to 104%. Among the major stocks are Trent, Zomato, PB Fintech (Policybazaar), Rail Vikas Nigam Limited (RVNL), Cochin Shipyard, Mazagon Dock Shipbuilders, KFin Technologies, Oracle Financial Services Software (OFSS), Kalyan Jewellers, Wockhardt, and Dixon Technologies. Zomato, which recently entered the Sensex, gained 121% in CY2024, with its market capitalization increasing by Rs 1.55 lakh crore to reach Rs 2.63 lakh crore. Trent, a lifestyle and fashion company from Tata’s stable, saw its stock price rise by 131%, while its market capitalization surged by Rs 1.42 lakh crore to Rs 2.51 lakh crore. This is the highest market capitalization growth seen among these nearly three dozen scrips. However, th...

Zomato, Paytm, Jio Financial among 55 stocks in focus as BSE revises circuit limits

Image
[hfe_template id='11223'] [ad_1] Shares of Zomato, Paytm, Jio Financial, and 52 other companies will be in focus on Friday after the leading exchange, BSE, revised the circuit limits. Other major names include LIC, Adani Total, Angel One, DMart, Cyient, PB Fintech, Union Bank of India, IRB Infrastructure, Oil India, Indian Bank, and JSW Energy. The price band limits have been adjusted to 10% for 46 stocks, including prominent names like Zomato, YES Bank, Varun Beverages, Tata Elxsi, Paytm, Oil India, Nykaa, and NCC. Additionally, four stocks will now have a 5% circuit limit, while five others will see their limits revised to 2%. So far, BSE has had a daily price band mechanism — a maximum permissible limit within which the share price can move in a day. Listed securities are assigned a daily price band of either 20%, 10%, 5%, or 2%, based on pre-decided joint criteria. Also Read: Adani stocks in focus as banks review group exposure The new long-duration price band framew...

PSU stocks surge up to 11% as Maharashtra election results boost market sentiment

Image
[hfe_template id='11223'] [ad_1] PSU stocks saw a strong rally in Monday's intraday trade following the BJP-led Mahayuti alliance's resounding victory in the Maharashtra Assembly elections. Shares of Bank of Baroda, Indian Bank, HPCL, PFC, IRFC, BEL, RVNL, Bharat Dynamics, NBCC, GAIL, Concor, SAIL, and others surged between 3% and 11% in an overall positive market. Among PSU stocks, PSU Railway stocks led the gains, with RITES surging 11% to a day's high of Rs 310. Ircon International, IRFC, RVNL, and RailTel rose between 4% and 8%. Among PSU Bank stocks, Central Bank of India climbed over 8%, while UCO Bank, Indian Bank, IOB, ONB, and Bank of Baroda gained 5% to 8%. PSU defense stocks also saw strong performance, with Bharat Dynamics leading the rally, gaining up to 7%. Cochin Shipyard, Hindustan Aeronautics (HAL), and Mazagon Dock Shipbuilders posted gains of up to 5%. Also Read : Investors gain nearly Rs 9 lk cr in post-election D-Street rally The rally wa...

Small and midcap stocks rally up to 44% in one week amid existing market weakness

Image
[hfe_template id='11223'] [ad_1] Amid an overall weak market sentiment, individual small and midcap stocks enjoyed their northward rally with shares of WPIL Ltd surging by as high as 44.16% in just one week. Shares of Prudent Corporate Advisory Services rallied 40% to close the week at Rs 3,577.65 on the BSE. The stock had gained 14.75% in the last trading session alone. Meanwhile, the shares of other smallcap stocks like AMI Organics, Syrma SGS Technology, 63 Moons Technologies and The Anup Engineering rose between 30-40% on a weekly basis. Coffee Day Enterprises, Force Motors, Poonawalla Fincorp, Mercury Ev-Tech and Poly Medicure were the companies whose shares witnessed gains between 25 to 30%. The BSE smallcap index too gained 6.3% week-on-week (WoW). Apart from this, midcap stocks also surged by 21.34% with Gillette India shares rising the highest, followed by the shares of Indian Bank, which increased by 17.2% in the same time period.Shares of Central Bank Of India...

Positive Breakout: These 6 stocks close cross above their 200 DMAs - Upside Ahead?

Image
[hfe_template id='11223'] [ad_1] Indian Railway Finance Corporation Share Price 145.78 11:51 AM | 7 Oct 2024 -6.29(-4.14%) Suzlon Energy Share Price 70.93 11:51 AM | 7 Oct 2024 -3.74(-5.01%) Indian Renewable Energy Development Agency Share Price 214.46 11:51 AM | 7 Oct 2024 -7.2(-3.25%) Tata Motors Share Price 930.95 11:51 AM | 7 Oct 2024 0.21(0.03%) YES Bank Share Price 21.36 11:51 AM | 7 Oct 2024 -0.59(-2.69%) HDFC Bank Share Price 1646.5 11:51 AM | 7 Oct 2024 -11.16(-0.68%) NHPC Share Price 90.17 11:51 AM | 7 Oct 2024 -3.0(-3.22%) Rail Vikas Nigam Share Price 460.6 11:51 AM | 7 Oct 2024 -32.8(-6.65%) State Bank of India Share Price 782.85 11:51 AM | 7 Oct 2024 -13.8(-1.74%) Tata Power Company Share Price 447.3 11:51 AM | 7 Oct 2024 -19.35(-4.15%) Tata Steel Share Price 165.0 11:51 AM | 7 Oct 2024 -1.75(-1.05%) Adani Power Share Price 624.95 11:51 AM | 7 Oct 2024 -17.15(-2.68%) One97 Communications Share Price 659.3 11:51 AM | 7 Oct 2024 -35.86(-5.16%) Punjab National ...