‘Sell on rise’ mood may weaken Nifty further: Analysts
Conversely, if Nifty crosses and sustains above 24,350, it could gain buying momentum, pushing the index towards the 24,500- 24,750 levels. The weekly RSI is moving downward and is positioned below its reference line, indicating a negative bias.
Diwali 2024 stock picks: Inox Wind, KPIT Tech, 7 more counters to buy for Samvat 2081
As we are about to begin Samvat 2081 in less than a week, Axis Securities has identified nine stocks for this Diwali that could deliver handsome returns for investors. The global markets will take cues from the US election, the Chinese economy, activity during the ongoing festival season, oil prices, and fund flows amid bouts […]
Sky Gold board approves 9:1 bonus issue after 418% stock rally in one year
Sky Gold’s Board has approved a bonus issue of shares in a 9:1 ratio, meaning investors will receive 9 additional shares for every share they hold. The record date for the issuance will be announced later. Bonus shares are fully paid additional shares that aim to enhance liquidity and lower the stock price.
Diwali Delights: These 10 penny have soared over 100% since last year
Since last Diwali, the benchmark Sensex index has surged by around 22%. Amid this impressive rally, several penny stocks have transformed into multibaggers. ETMarkets identified 10 penny stocks that have gained between 100% and 300% during this period. The selection focused on stocks with a market capitalization below Rs 1,000 crore, a share price under […]
4 mutual fund NFOs to open for subscription this week
Four mutual fund NFOs will open for subscription this week. These funds are index funds offered by Motilal Oswal Mutual Fund. (Source: ACE MF)
Gold at new lifetime highs: Is it safe to invest now?
Gold prices recently surged to a new lifetime high, driven by uncertainty surrounding US presidential elections and declining job numbers, despite reports of weak demand from China. The metal has been on a bullish trend, supported by escalating geopolitical tensions, US Federal Reserve rate cuts, a weak global growth outlook, and strong demand from central […]
RIL, Mazagon Dock among 30 stocks with record dates for dividend, bonus, rights, split this week. Do you own any?
Reliance Industries, Tech Mahindra, and Mazagon Dock, among others, are in focus due to upcoming record dates for dividends, bonus issues, and stock splits. Shareholders need to hold shares on the record date to be eligible. Buying the stock one day before the ex-date ensures eligibility for dividends, while buying on the ex-date excludes such […]
IDFC First Bank Q2 Results: Standalone net profit falls 73% YoY to Rs 201 crore on provisions, NII jumps 21%
IDFC First Bank reported a 73% drop in its September quarter standalone net profit at Rs 201 crore versus Rs 751 crore reported by it in the year ago period. However, the Net Interest Income (NII) grew 21% to Rs 4,788 crore in Q2FY25 versus Rs 3,950 crore in the year ago period.
Waaree Energies GMP suggests robust listing, but long term rewards are equally promising
Waaree Energies shares are trading with a GMP of Rs 1,350 in the grey market, indicating a 90% premium, ahead of its listing on the bourses. Analysts expect a strong listing due to the company’s strong fundamentals and leadership in the solar energy sector. The stock could reward investors beyond the listing gains.
REC Q2 Results: Net profit up 6.5% YoY at Rs 4,038 crore; Rs 4 per share dividend declared
REC Q2 Results: State-run REC reported a 6.5% rise in its September quarter consolidated net profit at Rs 4,038 crore versus Rs 3,790 crore reported by it in the year ago period. The total interest income earned by the NBFC during the quarter stood at Rs 13,485 crore which was up 18% over Rs 11,399 […]