📉 The markets closed in the green after significant gains on Friday. 🗞 A lot happened this week: India’s inflation fell to 3.54%, 8 new railway projects worth ₹24,657 crore, were approved by the Cabinet Committee on Economic Affairs, Ola Cabs changed its name to Ola Consumer and Hindustan Zinc announced the dates to sell 3.17% of its shares to the public. #ShareDotMarket #India #stockmarket #marketupdate #ipo #ola
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📈 Stay ahead of the game with today's top stocks to watch! ONGC, Tata Power, Paytm, IRFC, Bandhan Bank, and more are making headlines. Don't miss out on the latest market insights. Read now! #StockMarket #Investing #FinanceNews #GlobalBiz #MarketWatch #StocksToWatch #FinancialAnalysis
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Good morning, Expect the markets to stay highly unpredictable until the end of March. Even if they start positively, they might end up reversing by closing time. Yesterday, Foreign Institutional Investors (FIIs) sold stocks worth Rs 1,879 crore, while Domestic Institutional Investors (DIIs) bought stocks worth Rs 1,827 crore. The rupee is currently valued at 82.93 against the dollar. Brent Crude oil is priced around $84 per barrel, and gold stands at $2,034 per ounce. 👉 Here are some stocks to keep an eye on for various reasons: - The Nifty Next 50 Index will see changes starting tomorrow, with companies like Adani Power, Indian Railway Finance Corporation, Jio Financial Service, Power Finance Corporation, and REC being added, while others like Adani Wilmar, Muthoot Finance, PI Industries, Procter & Gamble Hygiene & Health Care, and Shriram Finance will be removed. - NTPC plans to develop a renewable energy park in Maharashtra. - KRBL, the maker of India Gate Basmati Rice, aims to achieve revenue of Rs 200 crore through a regional rice revolution. - Kaveri Seeds Co has initiated a buyback program starting from February 29th until March 6th. - Venus Pipes and Tubes is investing Rs 175 crore in its fittings business. - Jupiter Wagons will go ex-dividend. - Bajaj Auto will go ex-buyback. In the IPO world: - GPT Healthcare will be listed today with an IPO price of Rs 186. - Platinum Industries received 23 times subscription on the second day. - Exicom Tele-Systems received 28 times subscription on the second day. - Bharat Highways received only 0.19 times subscription on the first day. - Mukka Proteins IPO opens today with shares priced at Rs 28 each. Note:- This has been furnished to you solely for educational purpose and for your general information . This does not construe to be any investment, legal or taxation advice to you.
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Indian Stock Market Update: Key Highlights 1. Record Highs: • BSE Sensex: Closed at 76,607 points. • NSE Nifty50: Ended at 23,323 points . 2. Top Gainers: • Coal India • Power Grid • Eicher Motors . 3. Top Decliners: • Britannia Industries • Adani Ports . 4. IPO Activity: • Ixigo IPO: Highly subscribed. • Akme Fintrade: Raised ₹38 crore from anchor investors. • DEE Development Engineers: Secured ₹125 crore from anchor investors . 5. Sector Performance: • Gains: IT and metal indices. • Laggard: FMCG index . 6. Economic Outlook: • RBI’s Growth Forecast: Revised upward for FY25 to 7.2% . This robust period for the Indian stock market reflects strong corporate performances and a positive economic outlook. Stay tuned for more updates! #StockMarket #IndianEconomy #IPO #Investment #Sensex #nifty50
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Foreign investors gorged on FMCG (fast-moving consumer goods) stocks in the first half of March, with net purchases touching a four-year high of ₹11,180 crore, according to data from National Securities Depository Ltd (NSDL) Comparatively, the figure was ₹662 crore in the same period last year. Foreign investment also flowed into other sectors, with telecommunications attracting ₹6,648 crore, financial services ₹5,365 crore, services ₹4,697 crore, consumer services ₹4,117 crore, and realty ₹4,031 crore. Other sectors that saw high foreign investment inflow were automobile and auto components (₹3,697 crore), capital goods (₹2,838 crore), construction (₹633 crore), and metals & mining (₹275 crore), according to data from National Securities Depository Limited (NSDL). However, foreign investors were net sellers in some sectors, including healthcare (₹1,577 crore), oil, gas & consumable fuels (₹1,110 crore), information technology (₹1,104 crore), construction materials (₹271 crore), and consumer durables (₹167 crore). https://lnkd.in/dgAHBGnN LiveMint
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Platinum Industries IPO – A Promising Opportunity in the PVC Space As the Indian economy continues its growth trajectory, the demand for PVC and associated products is poised for a significant upswing. Platinum Industries, a leading player in the PVC stabilizer and additives segment, presents an intriguing IPO opportunity within this burgeoning sector. Here's my take on this: The PVC Advantage Versatility: PVC's adaptability makes it a cornerstone material in diverse industries like construction, healthcare, packaging, and electrical. Durability & Affordability: Its resilience to weathering, chemical resistance, and cost-effectiveness drive its popularity. Sustainability Push: Advancements in PVC production are increasing its recyclability and minimizing environmental impact. Platinum Industries: A Strong Contender Established Player: Platinum Industries has carved a reputation for delivering a reliable range of stabilizers and additives for the PVC industry. Growth Track Record: Their recent financials paint a picture of healthy revenue growth and robust profit margins. Strategic Expansion: The IPO proceeds could fuel capacity expansion and product innovation, positioning Platinum Industries to capitalize on increasing PVC demand. Eyes on the Future Construction Boom: India's focus on infrastructure development will act as a significant tailwind for PVC product manufacturers. Evolving Regulations: The shift towards greener PVC production opens avenues for innovative players like Platinum Industries. Competitive Landscape: It's important to compare Platinum Industries with other listed players in the related chemicals space to gauge true valuation potential. Investor Takeaway While IPO investments carry inherent risks, Platinum Industries seems like a compelling proposition for investors seeking exposure to the growing PVC ecosystem in India. I'm interested in hearing from fellow investors and analysts. What are your thoughts on this IPO and the broader PVC sector in India? #IPO #PlatinumIndustries #PVC #India #Investing #ChemicalIndustry #stockmarket #ipos #listinggains #GMP #indianeconomy #growth #future #development #constructionindustry
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In an article with NikkieAsia Vipin Singhal says that Adani Group stocks are volatile on the Modi-led coalition's slim victory Samir Bahl Click Here to Read More: https://lnkd.in/dhy7-7KN #Adanigroup #government #politicalparties #infrastructure #Anandrathi #Anandrathiinvestmentbanking
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Tuesday Market Wrap: Sensex tanks 4,389 pts, its worst fall in 4 years India's stock benchmarks experienced their most significant decline in over four years on Tuesday, triggered by the Bharatiya Janata Party's (BJP) performance in the general elections falling below expectations. This unexpected outcome fueled a risk-off sentiment in the market. The drop came just a day after a surge in stock prices, driven by exit poll predictions that ultimately proved inaccurate when the actual votes were tallied on Tuesday. Notably, shares of Adani Group and public sector units also saw a sharp decline after having soared in value on Monday.
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Research Analyst - ZEE Business | Jamnalal Bajaj- MBA | Asian College of Journalism- Bloomberg | Ex- Financial journalist - BloombergQuint | Ex-Broker - Nuvama - HDFC Securities
Do you know in March Domestic Mutual funds bought 45000 Cr worth of stocks in the Indian market? Buying 45000 cr in a single month means it’s a record buying. Break the record of March 2020. In March 2020 domestic MF bought equities worth 30,000 cr. 45000 cr is 3 times of 12 months average buying of 15000 cr. Below is the yearly chart of Nifty. Nifty has given 29% returns in past one year. Tata motors, Bajaj Auto, Adani ports, coal India and Shriram finance were the top Performers. #stockmarket #mutualfunds #businessnews
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Good Morning! Stocks in News! 📍HUL - Reported a 2.2% rise in consolidated net profit at ₹ 2612 crore; Revenue up at ₹ 15497 crore. 📍Bajaj Finance - Reported net profit of ₹ 3912 crore; Net Interest Income stood at ₹ 8365 crore. 📍Tata Consumer Products- Plans to issue 36.6 million rights equity shares to raise ₹ 2997.77 crore at ₹ 818 per share. 📍 Vedanta - Board of Directors to meet on July 26 to consider second interim dividend for FY 25. 📍BHEL and NTPC - Government announced JV for 800 MW Ultra Super Critical Thermal Power Plant. 📍Titan, Senco Gold, Kalyan Jewellers, Tribhovandas Bhimji - Gold companies gain as FM slashes custom duty on gold and silver. 📍CE Info systems, Genesys International - Gained in yesterday's trade after FM announced DPI in agriculture industry. : We are not SEBI RIA, these updates are as per leading news sources. These are NOT our recommendations. #stocksinfocus CA Pratiksha Pai Sanketh Nayak
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MBA Candidate | Seeking Internship | SEBI Certified Investor | Skilled in Finance & Marketing | BSc in Computer SCI | 5+ Years Stock Market Experience | Granny Market
Excellent Piece , you can understand a lot by reading how Tata steel is operating at this juncture! Some of the Numbers from Tata Steel : 1) Net profit down 👎 65% in Q4 ,income dipped 7% to ₹58,863 crore 2) The company has raised money via Non convertible debentures of about ₹2700 crore in Q4 3) The company has approved to infuse ₹17,407 crore rupees to its subsidiary company based in Singapore? There are also convertible debentures held by Tatas steel Pte in Tata steel India in which they say to convert to equity this year , i don't know what they do in Singapore?( Check with the Annual Reports) 4) The company's Gross debt was at ₹87,032 crore and net debt was ₹77,550 crore , after considering the cash of ₹9532 crore on the Books.. 5) In the FY24, the company registered a net loss of ₹4910 , against profit of ₹8075 crore in FY23 as income plunged 5% to ₹2.31 lakh crore against ₹2.44 lakh crore . #sharemarket #traders #stockmarket #shares #optiontrading #derivatives
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