Stocks/Share Market - Angel One

Today, Nifty 50 opened at 18723.30 with a flat opening from its previous day’s closing of 18688.10. During the intraday session it touched a high of 18864.70 which is just 23 points below from its all-time high of 18887.60 and eventually closed at 18826. All the major Indices on NSE were showing bullishness and closed …

Oil and Natural Gas Corporation (ONGC) signed a memorandum of understanding (MoU) with Indian Oil Corporation (IOCL) on June 14, 2023, to explore downstream opportunities in petrochemicals, through greenfield projects and acquisitions.  The agreement aims to explore prospects in utilizing downstream business in ONGC and IOCL (including their subsidiaries) and setting up assets, if feasible. …

On June 16, 2023, Global Index service provider FTSE is to rejig its indices which can lead to a net inflow of nearly around USD 200 million in various stocks. Stocks that are included or excluded from the FTSE index as part of the rejig experience significant changes in trading volumes, investor interest, and potentially …

On Friday, the shares of IndusInd Bank closed at Rs 1313.10, up by 1.24% from its previous closing of Rs 1297.05 on the BSE.  IndusInd Bank has entered into a partnership with Wise, the global technology company specializing in moving and managing money around the world, to offer online inward remittance services to Non-Resident Indians …

The following penny stocks are likely to be in focus on Monday, June 19, 2023:      The Sensex and Nifty both experienced a surge of 0.73% each. Nifty Midcap witnessed a surge of 0.66%, reaching its highest level ever, while Nifty Smallcap surged by 0.98%, reaching its highest point in the past 52 weeks.  Nifty Bank, …

The Indian benchmark indices ended the session sharply higher, boosted by significant gains in HDFC and the Bajaj twins. The BSE Sensex soared 0.74% to 63,384 level at the close. The Nifty 50 index gained 0.74% to a level of 18,826.  Broader indices gained in line with the main indices. Mazagon Dock Shipbuilders Ltd, one …

Samvardhana Motherson International Limited (SAMIL), a leading global automotive supplier, has announced that it has signed a binding undertaking to acquire a 100% stake in Cirma Entreprise SAS, a French company that specializes in the manufacturing and sale of electrical wiring and interconnect systems (EWIS) for the aerospace, shipbuilding, and allied industries.  Objects and effects …

The Sensex fell 310.88 points, or 0.49%, to 62,917.63. The Nifty 50 index lost 67.80 points (0.36 percent) to 18,688.10. The Sensex gained 0.96% in three days, while the Nifty gained 1.04%. The overall market beat local indices. The S&P BSE Mid-Cap index advanced by 0.30%, while the S&P BSE Small-Cap index advanced by 0.12%.   …

Godrej Properties (GPL) is planning to acquire a 7.44-acre land parcel at New Alipore, a premium residential locality in Kolkata from West Bengal Housing Infrastructure Development Corporation, having been declared as the highest bidder in its e-auction. GPL will develop this land parcel as a luxury group housing project. New Alipore has an established physical …

Despite trading marginally higher in the early trades, Indian headline indices were severely driven down, owing mostly to losses in financial services, banking, and information technology stocks. Roto Pumps Ltd attracted small-cap bulls due to being one of the top gainers of the BSE Smallcap pack and having a robust uptrend in an otherwise weak …