Stocks/Share Market - Angel One

Today, shares of Canara Bank hit a 52-week high amid strong financial results for the second quarter of FY24. On a consolidated basis, in Q2FY24 the bank recorded a robust financial performance with a 41.79% year-on-year increase in net profit, reaching Rs 3,677.39 crore, compared to Rs 2,593.49 crore in the corresponding quarter of the …

The Sensex and Nifty are both on an upward trajectory, marking surges of 0.37% and 0.33%, respectively. In parallel, the Nifty Midcap and Nifty Smallcap segments are also exhibiting lower momentum, down by 0.13% and 0.20%, respectively. Examining the constituents of the Nifty 50 index, notable gainers include BPCL, Reliance Industries and Cipla. On the …

On Monday, the benchmark indices were trading flat with the Sensex up around 14 points or 0.03% at 63,788 and the Nifty-50 up around 3 points or 0.01% at 19,050. About 1,756 shares have advanced, 1,620 declined, and 181 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …

Volatility is one of the major factors to consider while investing in equities. High-volatility stocks can fluctuate positively or negatively during short-term intervals. Investors see volatile stocks with a higher risk due to a large room for potential losses or gains. However, for the benefits of diversification and decent returns, these stocks are accumulated by …

Long-term breakouts on weekly charts are an essential technical analysis pattern that traders and investors use to identify significant price movements. A breakout occurs when the price of an asset moves above a key resistance level or below a key support level, signalling a potential trend reversal or the continuation of an existing trend.  Here …

Miniratna Companies in India represent a distinct category of public sector enterprises, distinguished by a level of autonomy in their operations and decision-making. These companies are categorized according to their financial performance and are granted a higher degree of flexibility and independence in comparison to other public sector units. CPSEs are divided into several categories, …

Maggie manufacturer Nestle India Ltd reported its quarter 2 results, along with the announcement of an interim dividend distribution and a stock split in a ratio of 1:10. The FMCG firm reported an 8% increase in revenue quarter on quarter and a 9% increase year on year. Net profit rose by 30% quarter on quarter …

The Sensex and Nifty are both on an upward trajectory, marking surges of 1.20% and 1.1%, respectively. In parallel, the Nifty Midcap and Nifty Smallcap segments are also exhibiting higher momentum, with a gain of 1.18% and 2.28%, respectively. Examining the constituents of the Nifty 50 index, notable gainers include Adani Enterprises, Coal India and …

BSE Sensex closed down for a 6th straight day, marking its longest losing streak in 7 months. The stock market experienced a widespread decline today, with every sector taking a hit. Notably, metals, autos, and non-banking financial companies (NBFCs) all witnessed significant drops of -1.6% each. It was a challenging day for investors. However, amid …

Asian Paints is losing its shine, with its stock trading 17% below its all-time high. The chemical industry giant, which manufactures and markets paint and coating products, has seen a decline in share performance since reporting its Q2 FY24 results. Here’s an update on its recent financial performance and outlook: Latest Update on Q2 FY24 …