Category: Stocks

Sensex, Nifty plunge for second straight session: 4 factors behind the market crash

Sensex, Nifty plunge for second straight session; The crash comes a day after Sensex closed 586 points lower at 52,553 and Nifty fell 171 points to 15,752.

Indian benchmark indices slipped for the second straight session today as global markets were roiled by concerns over growing cases of Delta variant of Covid -19 in UK, US and most parts of Asia. Sensex, Nifty plunge for second straight session, Sensex fell 540 points to 52,013 and Nifty lost 174 points to 15,578 in…


Sensex Update: Sensex falls 355 points, Nifty gives up 15,650

Sensex falls 355 points, Nifty gives up 15,650; On the other hand, Asian Paints rallied over 6 per cent after its Q1 earnings. UltraTech Cement, Bajaj Auto.

Sensex falls 355 points, Nifty gives up 15,650; Sensex and Nifty tumbled for the second straight session today as concerns over growing cases of Delta variant of Covid -19 in UK, US and most parts of Asia impacted global markets. On an intra day basis, Sensex fell 540 points to 52,013 and Nifty lost 174…


Sebi Announces New rules to make bourses pay for technical glitches

Sebi Announces New rules to make bourses pay for technical glitches; Failure to timely address the technical glitch will attract Rs 200,000 per day.

The Securities and Exchange Board of India (Sebi) on Monday issued a detailed framework for penalising market infrastructure institutions (MIIs), Sebi Announces New rules to make bourses pay for technical glitches; which include stock exchanges, clearing corporations, and depositories, for technical glitches. “MIIs are systemically important institutions as they provide infrastructure necessary for the smooth…


More than 400% return in one year; Do you own this multibagger!

More than 400% return in one year; Virender Aggarwal, CEO, Ramco Systems, said, "We are excited to further our partnership with ACT.

Share of Ramco Systems Limited has delivered  447 per cent returns to its shareholders in the last 12 months. The share stood at Rs 114.9 on June 29, 2020. More than 400% return in one year;  It has zoomed to Rs 628.90 today, translating into gains of 447 per cent during the period. In comparison,…


As Delta variant cases rise, WHO asks fully vaccinated to keep masks on

WHO asks fully vaccinated to keep masks on; “Vaccine alone won’t stop community transmission. People need to continue to use masks consistently.

WHO asks fully vaccinated to keep masks on; The World Health Organization (WHO) has said people who are fully vaccinated will have to continue wearing masks, follow social distancing and other safety measures to contain the spread of the more deadly and contagious Delta variant of the coronavirus, which is spreading rapidly across the globe.…


3 Insurance companies file IPO papers in 3 weeks, may fetch Rs20,000Cr

3 Insurance companies file IPO papers in 3 weeks; Going by current trends, the IPO segment is expected to see better performance in 2017 compared to last year

3 Insurance companies file IPO papers in 3 weeks; In less than three weeks, three insurance firms, including HDFC Standard Life, have filed draft papers for IPOs that together are estimated to be worth nearly Rs20,000 crore. With the IPO market bustling with activity, two government-owned entities—New India Assurance and General Insurance Corporation of India…


BSE, NSE suspend trading of DHEL shares

BSE, NSE suspend trading of DHEL shares, The NSE also said DHFL had informed the exchange on June 8 regarding approval of the resolution plan.

BSE, NSE suspend trading of DHEL shares; Following the resolution plan approved by the National Company Law Tribunal (NCLT) in a successful bid of Piramal Group for Dewan Housing Finance Corporation Limited (DHFL), the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) has suspended the trading in equity shares of DHFL. The…


This Jhunjhunwala stock rose 20%, hit all-time high post Q4 earnings

This Jhunjhunwala stock rose 20%, The stock hit intra day low of Rs 1,830 on BSE. On August 11, 2020, the share hit its 52-week low of Rs 599 on BSE.

Share of Ion Exchange hit the upper circuit of 20% today after the water treatment firm reported a 149.64 per cent rise in Q4 net profit. This Jhunjhunwala stock rose 20%, Ace investor Rakesh Jhunjhunwala who held over 5%  stake in six quarters till December 2020 did not rank among Ion Exchange’s top shareholders (holding…


Global crypto exchanges explore ways to enter Indian market despite potential ban

Global crypto exchanges; Bitfinex declined to comment while Kraken and KuCoin did not respond to an email seeking comment.

Global crypto exchanges are exploring ways to set up in India, following in the footsteps of market leader Binance, industry sources told Reuters, while the government in New Delhi dithers over introducing a law that could ban cryptocurrencies. Opponents of the potential ban say it would stifle the economic power of a tech-savvy, young nation…


Behind the Stock: Why MRF’s interim dividends drew memes and scorn

MRF’s interim dividends; While many will appreciate the management’s track record of paying regular quarterly dividend, others see it is an exercise

MRF’s interim dividends; Former England Captain Michael Vaughan assailing the pitch in Chennai for his country’s loss in the second Test of the ongoing cricket series was an exercise in futility, especially, when India’s off-spinner Ravi Ashwin could score a century on the same wicket. Lord Voldemort blaming Lilly Potter for not having a nose…


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Intraday Tips
Stock Name Open Price Trend Details
Reliance 1930.10 Buy Click Here
Asian Paints 2577.00 Buy Click Here
HDFC 2448.00 Buy Click Here
HDFCAMC 2790.00 Buy Click Here
TCS 3120.00 Buy Click Here


NSE Top Gainers/Losers
COMPANY LTP %CHNG VOLUME
HINDALCO 417.95 4.47 1,41,13,388
BAJFINANCE 6,303.05 2.28 10,11,507
TATASTEEL 1,327.20 2.25 37,39,538
SBIN
431.10
1.84 70,85,419
SBILIFE
1,095.80
1.78 31,12,583
COMPANY LTP %CHNG VOLUME
DRREDDY 5,354.15 -1.06 1,86,489
AXISBANK 748.35 -1.05 54,72,359
TECHM
1,108.95
-1.00 3,03,653
SUNPHARMA 697.85 -0.79 9,00,502
CIPLA
943.80
-0.71 4,16,800