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Nifty reached new record highs on 12 occasions in June alone, bringing the total record attempts for CY24 to 38. June was also marked by significant volatility, with the index fluctuating widely by 2,608 points. Continue Reading »
Rollover of Nifty stood at 76.3%, which is higher than its quarterly average of 71% and higher than the rollover of the last four months. Continue Reading »
Nifty Auto index gains 7.6% in June, with 13 out of 16 constituent stocks finishing in the green. Samvardhana Motherson International stood at the top with a gain of 32.4%, followed by Exide Industries, Mahindra & Mahindra, Bosch Apollo Tyres, Hero MotoCorp, Bharat Forge, and Ashok Leyland. Continue Reading »
Petro Carbon and Chemicals IPO : The IPO allotment to be out soon. The issue opened for subscription on Tuesday, June 25, and closed on Thursday, June 27. Here's how to check allotment status as focus shifts to listing Continue Reading »
DMart's stock performance has been strong, with a 25% increase in the last year. Recent upticks in June indicate renewed investor confidence, while long-term growth remains impressive at 237% in the last 5 years. Continue Reading »
According to Pagaria, if included in the Nifty 50, Jio Financial could attract $466 million in passive fund buying, Zomato $491 million, and Trent $463 million. Continue Reading »
Tyre stocks surge as manufacturers raise prices by 1.5-2.5% due to rising raw material costs. ICICI Direct Research suggests price hikes to maintain margins. Emkay maintains 'buy' rating for JK Tyre with a target price of ₹700/share, citing strong fundamentals in transportation sector. Continue Reading »
Top Gainers and Losers Today : The Sensex lost 210.45 points, or -0.27, to settle at 79243.18, while the Nifty lost 33.9 points, or -0.14, to close at 24044.5. Continue Reading »