As per the report published by Edelweiss, the shares of 13 companies have been upgraded from the mid-cap category to the large-cap category. Amongst those are the recently listed food aggregator Zomato, online payment service provider Paytm, e-commerce company Nykaa and the insurance aggregator Policy Bazaar. Apart from that, the research report also mentioned about …
Shares of Rama Steel Tubes Limited (RSTL), an Indian manufacturer of steel pipes and tubes, have hit 5% in the upper circuit. This stock has crossed the upper circuit for eight straight sessions in an otherwise weak market. It has logged a total of 75% rise from its Rs. 234.25 levels as of 27 December …
After a strong start to 2022, Sensex finally fell victim to the interest rate hike announcement from US Federal Reserve. On 6 January 2022 alone, the market fell about 900 points, only in India. The same can be said about other markets of Asia and the USA. This comes as an aftermath of US Federal …
According to reports, private equity investments reached a record high of USD 40.1 billion in 2021, up over 15% from the previous year, fueled by a USD 3.6 billion infusion into Flipkart and USD 1.93 billion into Bundl Technologies. While the amount of inflows increased 15.2 percent from USD 34.8 billion in 2020 to USD …
Even though coronavirus-related uncertainties and inflation threatened to take the stuffing out of stocks, markets closed 2021 with over 20% gains. Let’s explore if a bull market retaliation is on the horizon this year, based on a number of rising variables. Will the uptick continue this year? Headwinds in the first half of this year …
Power Stocks Trading – Top Gainers and Losers Below is a tabular representation of the top gainers in the stock market on 29 December 2021. Name of the Stock Up by Rectifiers 8.76% Energy Development Company 4.96% Karma Energy 4.95% Indowind Energy 4.89% Orient Green Power Company 4.75% NTL 4.69% RTNPOWER 4.65% Suzlon Energy 4.49% …
The year 2021 was a good one for the primary market, as it was supported by a robust secondary market environment. However, the recent correction has affected sentiment largely. The Nifty50 index corrected over 11 pc from its record high in October 2021. The correction was warranted due to the excessive run that the market …
After a rough 2020, the world got worse. It only got worse. In the wake of the COVID-19 scandal, India’s healthcare system was brought to its knees. The country was also hit by the worst riots in its recent history. Despite the volatility, the Nifty50 is up more than 21 percent so far this year. …
Stock Market Holidays The Indian stock exchanges have announced a list of stock market holidays for 2022. According to the Bombay Stock Exchange website, there will be 13 trade holidays in 2022, unlike in 2021, when there were 14 trading holidays. The Bombay Stock Exchange, or BSE Limited, is an Indian stock exchange on Dalal …
The stocks of Medplus Health Services traded way above the opening price and closed around Rs. 1120 on both the stock exchanges with a gain of around 40.70% compared to its issue price. The gain was backed up by two main factors, viz. a three-day uptrend in the stock market and large demand received by …
