Stocks/Share Market - Angel One

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$241 million accounting problem discovered at Zee Entertainment

21 February 2024

In a recent turn of events, India’s market regulator, the Securities and Exchange Board of India (Sebi), has uncovered a significant financial discrepancy in the accounts of Zee Entertainment Enterprises Ltd. The media giant, which recently faced a setback with the collapse of its merger with Sony Group Corp’s local unit, now finds itself dealing …

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Wipro and Intel foundry join forces to advance AI-driven design

21 February 2024

About Partnership Wipro is partnering with Intel Foundry to accelerate innovation in chip design, particularly for AI applications. The collaboration aims to address the rising demand for AI chip manufacturing, driven by companies seeking generative AI solutions. The partnership will leverage Wipro’s design expertise and Intel Foundry’s manufacturing prowess, empowering clients in sectors like automotive …

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Share Market Pre Open Updates – February 21, 2024

20 February 2024

The benchmark indices, Nifty 50 and Sensex maintained a positive streak for the third consecutive trading session. Nifty 50 settled at 22,196 with a gain of 0.34%, while the Sensex closed at 73,057, with a rise of 0.48%. Experts believe that the Nifty 50 is moving towards a target of 22,500 and technical indicators such …

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Technical talk: Nifty and broader indices are way ahead

20 February 2024

On Monday, the Nifty 50 index reached a new all-time high of 22,186.65 where the Sensex is still 600 points away from its all-time high. This surge provided an opportunity for profit-taking, stock rebalancing, and portfolio adjustments. Despite this, the Nifty Bank, a significant driver of the Nifty 50’s upward momentum, is trading within its …

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Bottom Fishing Opportunity: Devyani International Ltd

20 February 2024

Devyani International portrays a promising technical scenario as the stock is trading in a long-term channel and showing signs of possible reversal. Recently, the stock price has witnessed a heavy sell-off near the oversold region, currently showing a good bounce back. Here is a detailed analysis. Devyani International Ltd Trading in Channel The stock is …

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These 3 Stocks From BSE 500 Jumped Over 6% Today

20 February 2024

The benchmark index S&P BSE 500 opened today at 32,041.18 and made its day high at 32,041.18, and it is trading in red today, with a slight decline of 5.74 points or 0.02%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 6% …

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Market Movers: Here are today’s high-volume buzzers!

20 February 2024

Despite initially opening lower, domestic indices picked up momentum during the trading session, driven by strong performances in the power, utilities, financial services, and banking sectors. Conversely, the auto, metals, and oil & gas sectors experienced significant selling pressure, reflecting negative investor sentiments. At 10:40 am, the BSE Sensex added 0.11%, reaching a level of …

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Watch out for these low-priced stocks that were locked in the upper circuit today!

20 February 2024

On Tuesday, the benchmark indices were trading in the green with the Sensex up around 90 points or 0.12% at 72,803 while the Nifty-50 up around 3 points or 0.01% at 22,125. About 2,083 shares have advanced, 1,478 declined and 125 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index …

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Share Market Pre Open Updates – February 20, 2024

20 February 2024

On February 19, 2024, the Nifty 50 closed at  22,122, with a rise of 0.37%, while the Sensex settled at 72,708, with a gain of 0.39%. As per experts, the market could witness heightened volatility in the upcoming days. Foreign Institutional Investors (FII) sold securities worth ₹754 crore, and Domestic Institutional Investors (DII) showed buying …

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Tata Motors: Driving India’s Auto Evolution With Market Cap Record And Electric Vision

19 February 2024

In January 2024, the Indian automotive sector witnessed a significant surge in production and sales across various vehicle categories. The total production, including passenger vehicles, three-wheelers, two-wheelers, and quadricycles, reached an impressive 23,28,329 units. Among these, passenger vehicle sales alone accounted for 3,93,074 units, showcasing the resilience of this segment amid positive consumer sentiments. The …

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