International Gemmological shares soar 10% on acquisition of 2 companies
Shares of the newly-listed International Gemmological Institute (IGI) surged 10% to hit the upper circuit and a new high of Rs 580.45 on the BSE, following the 100% acquisition of IGI Netherlands and International Gemmological Institute BV.
Investing is easy, but hard to implement? Sanjay Bakshi explains the rules for value investors
Sanjay Bakshi emphasizes the importance of having a disciplined approach to investing by constructing filters to reject stocks that don’t make sense. He highlights the behavioral challenges of investing and the necessity of focusing on business analysis over market analysis. He also notes the growth potential in India’s expanding market, advising investors to concentrate on […]
Despite strong volatility 35 lakh new investors joined the stock market in November: NSE Report
In November, over 35 lakh new investors joined the stock markets, bringing the total to 10.85 crore, up from 10.5 crore in October, according to the NSE. Maharashtra leads with 1.8 crore investors, while Uttar Pradesh saw a significant rise to 1.2 crore. Increased participation from smaller states suggests growing interest nationwide.
Gold Price Today: Yellow metal prices rise by Rs 300/10 gm, silver remains flat
Gold and silver prices remain steady, with gold at Rs 76,589/10 gram and silver at Rs 89,570/kg. Volatility in the dollar index, geopolitical tensions, and a weak rupee are supporting precious metals. Gold targets Rs 76,700; silver Rs 90,200.
Raymond Lifestyle shares rally 3% as Motilal Oswal predicts 29% upside
Raymond Lifestyle’s shares rose 3.4% after Motilal Oswal projected a 29% upside, with a target of Rs 3,000. The growth outlook is fueled by the brand’s focus on growth, disciplined working capital, and expanding categories like Ethnix.
2025 to be a year of volatility with shifting global dynamics: Ashwini Agarwal
Closer home in India, we will probably see a turn in the interest rate cycle after a couple of years hopefully and we will also see earnings sort of picking up a little bit of a pace in the second half as compared to the first half of this financial year and then we have […]
Sagility India shares jump 5% to record 8th day of non-stop buying
Sagility India shares surged 5% on Thursday, reaching a fresh high of Rs 51.35, marking the 8th consecutive day of gains. The stock has risen 61% in the past month, while the Sensex has fallen nearly 2%. JPMorgan recently initiated coverage with an “Overweight” rating and a target price of Rs 54, highlighting the company’s […]
SME IPO: Identical Brains Studios shares list at 76% premium on NSE
Shares of Identical Brains Studios were listed on NSE at Rs 95, a 76% premium to its IPO price. The company raised Rs 20 crore. The funds will be used for office renovation, a new branch in Lucknow, equipment purchases, and working capital. The studio’s portfolio includes notable projects and award-winning visuals.
Positive Breakout: These 4 stocks cross above their 200 DMAs
In the Nifty500 pack, four stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on December 24, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day […]
NRI Talk: Why quant funds are the future of data-driven investments for NRIs
India’s buoyant economic performance has played a critical role in attracting NRI investments. Supportive regulatory measures, Improved ease of doing business have further catalyzed the asset management industry, opening avenues such as Alternative Investment Funds (AIFs), Portfolio Management Services (PMS), Real Estate Investment Trusts (REITs), and Infrastructure Investment Trusts (InvITs) for foreign capital.