Stocks/Share Market - Angel One

The S&P 500 index has given a breakout from a consolidation last week and achieved a new all-time high at 4,903.68 on Thursday with positive sentiments. This breakout may propel the index more to 110 points upside. On the support and resistance side, the levels of 4,604 and 4,538 can be seen as good support …

In a strategic move to enhance its oncology portfolio, Glenmark Specialty S.A. (GSSA), a subsidiary of Glenmark Pharmaceuticals Ltd., has inked a significant license agreement with Jiangsu Alphamab Biopharmaceuticals Company Limited and 3D Medicines (Beijing) Company Limited (3DMed). This agreement grants GSSA an exclusive license for the development, registration, and commercialization of Envafolimab, branded as …

The domestic indices faced a significant downturn, affected by substantial losses in the information technology, banking, financial services, and consumer durables sectors. In contrast, broader indices performed exceptionally well, outperforming the main indices by a considerable margin. At 10:35 am, the BSE Sensex plunged 0.79%, reaching a level of 70,497. The Nifty 50 index slumped …

On Thursday, the benchmark indices were trading in the red with the Sensex down around 300 points or 0.50% at 70,714 while the Nifty-50 down around 82 points or 0.38% at 21,372. About 2,026 shares have advanced, 1,041 declined, and 84 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index …

About the Contract  Mazagon Dock Shipbuilders Limited a prominent shipyard company in India has recently entered into a significant contract with the acquisition wing of the Ministry of Defence for the construction and delivery of fourteen Fast Patrol Vessels (FPVs) for the Indian Coast Guard (ICG). The contract was signed on January 24 2024 and …

RailTel Corporation of India has secured a lucrative contract worth Rs. 162.73 crore (including taxes) from Navodaya Vidyalaya Samiti (NVS). This project involves supplying and implementing integrated infrastructure and IT solutions for schools under the PM SHRI Scheme. The 180-day contract is a significant domestic win for RailTel, further boosting its presence in the education …

In today’s volatile market, investors are increasingly seeking out stocks that provide a steady stream of income. Dividend stocks, which pay out a portion of their profits to shareholders regularly, can be a great way to achieve this. The healthcare sector is a particularly attractive place to look for dividend stocks. Healthcare companies tend to …

The aggregated data for 24 banks reveals substantial financial metrics, with a total net revenue of approximately Rs 3 Lakh crore, highlighting the collective income. The Profit After Tax (PAT) stands at Rs 58,008 crore, reflecting cumulative profitability. Net Interest Income (NII), a crucial indicator for financial health, is reported at Rs 1.4 lakh crore, …

These three equities gained significantly during Thursday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Infibeam Avenues Ltd Daily chart of Infibeam Avenues Ltd Infibeam Avenues Ltd portrays a promising technical scenario. The Price Volume Breakout, accompanied by the completion of the flag and pole chart pattern formation, suggests a renewed bullish momentum. …

These three equities gained significantly during Wednesday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Alok Industries Ltd Weekly chart of Alok Industries Ltd Alok Industries Ltd exhibits a compelling technical setup. The stock has demonstrated a Price Volume Breakout, signifying a strong bullish sentiment. Furthermore, it is currently trading above all key …