Stocks/Share Market - Angel One

The Goods and Services Tax Council decided to levy 28% GST on online gaming, horse racing, and casinos at full value, Union Finance Minister Nirmala Sitharaman said after the conclusion of the council’s 50th meet on Tuesday.  Simultaneously, there has been a decision to lower the tax rate for uncooked/unfried snack pellets, cancer medicine, and …

After achieving a significant milestone by reaching the 19,500 mark, the broader Nifty50 index encountered a hurdle. On July 6, the Nifty50 index achieved a new all-time high of 19,512.20. However, on the subsequent day, it surpassed that record and reached an even higher level of 19,523.60. Since then, the Nifty50 has been trading within …

Gujarat Pipavav Port share surges on reporting 6.42% growth in container cargo handling in Q1FY24.The company handle record 199 thousand TEUs Containers Cargo in first quarter of FY24 as compared to 187 thousand TEUs Containers handled in Q1FY23. The company has also handled Dry Bulk Cargo of 0.67 million metric tons declined from 0.93 million …

At 2:30 pm, the shares of DCB Bank were trading at Rs 127.60, up by 2.00% from its previous closing of Rs 125.10 on the BSE.  DCB Bank has entered into partnership with Max Life Insurance Company. Through this collaboration, Max Life and DCB Bank will provide a variety of life insurance products to the …

Cyient DLM, established in June 1993, is a trusted partner and supplier of electronic and mechanical manufacturing systems to major players across various industries. They offer Design Led Manufacturing (DLM) solutions, taking responsibility for design, manufacturing, testing, and certification support. Their focus is on ensuring that customers’ products meet rigorous standards in terms of reliability, …

The bulls on the D-Street were charging with unyielding vigour, propelling both key benchmark indices to new heights. With the Nifty soaring above the 19,500 mark and the Sensex breaching the 65,800 mark, the market was abuzz with excitement. The enthusiasm extended beyond the major indices, as all sectoral indices experienced a surge, led by …

Sanghvi Movers Ltd, a crane rental firm, has received work orders worth Rs 150 crore from prominent Independent Power Producers (IPPs) in the renewable energy industry. The firm will provide crane rental services as well as related services such as WTG surface logistics, inter-carting, WTG installation and pre-commissioning, wind farm development, and storage yard. Crane …

On July 10 Foxconn, the prominent Taiwanese electronics manufacturing company, announced its decision to withdraw from a joint-venture project with Vedanta, a company involved in semiconductor manufacturing.  India’s Vedanta Shares fell over 2% today, that is the day after Taiwan’s Foxconn said it withdrew from a USD 19.5 billion semiconductor joint venture with the metals-to-oil …

Tata Motors, in the exchange filing today, shared a business update regarding the Jaguar Land Rover (JLR) sales for the first quarter of FY24. JLR is the wholly owned subsidiary of Tata Motors Ltd. JLR announced today that it achieved higher sales in the first quarter of FY24, covering the period from April to June …

On the last trading session of the week, the Nifty index opened on a negative note due to global cues. However, it managed to recover from the initial losses and achieved a new all-time high. Following this record-breaking level, a sudden wave of profit booking caused a sharp decline, and it is currently trading near …