GAGA Share Market News

[hfe_template id='11223'] [ad_1] Vodafone Idea has made an exit from Nifty 500 index and Nifty Midcap 100 as part of a semi-annual rejig of NSE's various indices. Vodafone's current free-float market capitalisation stands at Rs 36,534 crore and the stock today ended at Rs 15.83, down by Rs 0.37 or 2.28% over the Thursday closing price. Vodafone's exit from Nifty 500 is along with 26 other stocks that have been excluded from the index. Among other stocks which have been removed from the indes are Vaibhav Global, Aether Industries, Allcargo Logistics, Anupam Rasayan, Borosil Renewables, CSB Bank, DCM Shriram, JK Paper, KRBL, MTAR Technologies and Restaurant Brands Asia. Tata Group's lifestyle company Trent (TRENT) and state-run Bharat Electronics (BEL) are the latest inclusion into the Nifty 50 index while LTI Mindtree (LTIM) and Divi's Laboratories have made an exit. The Index Maintenance Sub-Committee (Equity) of NSE Indices on Friday made the changes...

[hfe_template id='11223'] [ad_1] Benchmark Sensex rose by 443 points to close at a new record high while Nifty settled above the 24,100 mark on Monday on buying in banking and IT shares in line with gains in Asian and European markets. Stocks that were in focus include names like Emami, which rose 5.03%, CDSL, which gained 1.7%, and Medanta, whose shares declined 2.70% on Tuesday. Here's what Kushal Gandhi, Technical Analyst, StoxBox, recommends investors should do with these stocks when the market resumes trading today. Emami The price of Emami Ltd saw a significant increase of 81% in 10 weeks, reaching a record high of 762 levels, indicating a bullish breakout after a prolonged period of over 9 years. In the last 14 weeks, there has been a sharp surge, leading to the formation of a flag pattern, which suggests a potential continuation of the trend. The stock demonstrates improving EPS strength, price strength, and increased buyer demand. Our recommendation is to bu...

[hfe_template id='11223'] [ad_1] Indian benchmark indices scaled new heights gains in the last week of the June month despite mixed signals from the global market, particularly regarding inflation concerns. While the largecap stocks saw significant investor attention, the broader market of mid and small-cap segments underperformed. During the June month, as many as 187 BSE500 stocks have delivered double digit weekly returns with four of them offering over 40% returns. The India Cements was the top gainer in this pack with nearly 44% return, followed by Amara Raja Energy (41%), JK Paper (40.5%), and V Mart Retail (40.5%). About 11 stocks including Praj Industries, Bombay Burmah, IFB Industries, Bayer CropScience, Mazagon Dock Shipbuilders, Cholamandalam Financials, Whirlpool India among others have offered returns between 30-40%. In the smallcap segment, about 2 stocks GTL Infrastructure and Moschip Technologies have turned multibaggers. While GTL Infrastructure has gain...