Stocks/Share Market - Angel One

Shriram Finance Enters Nifty 50, UPL Exits Effective March 28, Shriram Finance will replace UPL Ltd in the Nifty 50 index. This decision follows UPL’s removal from the Nifty 50 due to its exclusion from the Nifty 100 index, the parent index for Nifty 50. Shriram Finance‘s inclusion is based on having the highest six-month …

During Wednesday’s deals, the shares of Airtel zoomed 0.12%. The company’s current market capitalisation is Rs 6,66,277 crore. Recent development: The company has teamed up with IDEMIA Secure Transactions to announce a significant shift from using virgin plastic to recycled PVC for SIM cards. This move reflects Airtel’s dedication to promoting circular business practices. IDEMIA …

On Wednesday, the market saw a significant decline, with both the Sensex and Nifty closing lower by over 1%. Sensex ended at 72,304.89, down 1.08%, while Nifty closed at 21,951.15, down 1.11%. Most of the Nifty stocks, 46 out of 50, ended in the red, with some stocks falling by up to 4%. BSE-listed companies …

These three equities gained significantly during Wednesday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Vaswani Industries Ltd Today, Vaswani Industries demonstrated significant strength in its movement, bouncing back from its 20-day Exponential Moving Average (EMA). Moreover, it broke out to a new 52-week high, indicating bullish momentum. The Relative Strength Index (RSI) …

Institutional Investor Advisory Services (IiAS) has advised against the reappointment of Prashant Pitti as the managing director of Easy Trip Planners Ltd due to governance concerns. This recommendation comes at a crucial time as shareholders prepare to vote on key resolutions that could impact the company’s future. Governance Matters The IiAS, known for its scrutiny …

The benchmark index S&P BSE 500 opened today at 32,147.48 and made its day high at 32,148.00, and it is trading in red today, down by more than 0.80% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Jindal Worldwide Ltd …

The Indian government is actively encouraging diversification and growth in manufacturing, particularly in electronics. This article examines the contrasting approaches taken by two major Indian conglomerates, Tata Group and Vedanta Ltd., in response to this push. Tata’s Calculated Step Tata Group, a well-established conglomerate, recently acquired Wistron InfoComm Manufacturing (India) Private Ltd. (WMMI) for USD …

Oil companies play a dominant role in the energy industry, fueling our vehicles and powering our economies. Investors are always interested in identifying where the best values lie within this critical sector. Recently, there’s been a growing buzz about the potential undervaluation of Indian oil companies compared to their global counterparts. Let’s dive into the …

The broader market showed mixed performance, with the Nifty Mid-cap closing lower by 0.12%, while the Nifty Small-cap surged by 0.28%. Market volatility, as indicated by the India VIX, marginally surged by 0.82%, reflecting a slight increase in market volatility. Among the sectors, Nifty Realty, Nifty IT, and Nifty Auto were among the top gainers, …

Havells India Ltd. is a leading developer of electrical and power distribution equipment. Established in 1971 by Qimat Rai Gupta, the company operates through various segments including switchgear, Cables, Lighting and Fixtures, Electrical Consumer Durables, and Lloyd Consumer. Headquartered in Noida, India, Havells has established itself as a prominent player in the electrical goods sector. …