23 December 2023
22 December 2023
Despite the fall in the morning, the market returned to the green zone! Sensex gained 359 points, Nifty gained 21250
After a big shock in the stock market, the two benchmark indices are once again on the upswing. Sensex and Nifty jumped on the day. Besides, most of the sector indices have also seen an increase.
Market indicators are back in the green. The Bombay Stock Exchange benchmark Sensex gained around 0.51 percent or 358.79 points to trade at 70865.10 at the close today. Meanwhile, the National Stock Exchange’s index Nifty was up around 0.50 percent or 104.90 points at 21255.05.
Today’s gains for the Nifty Midcap 100 and Nifty Small-cap 100 indexes were about 1.94 percent. Every sector index was in green at the time of market closing. Nifty Bank, Nifty IT, Nifty PSU Bank, Nifty Financial Services, Nifty Pharma, Nifty Metal, Nifty Realty, Nifty Media, Nifty Energy, Nifty Infra, Nifty Commodities, Nifty PSE, Nifty Consumer Durables and Nifty Oil & Gas were the top gainers on Thursday. These indices increase to 0.83, 0.30, 1.64, 0.59, 0.73, 1.38, 0.92, 2.49, 1.77, 1.18, 1.38, 2.09, 0.88, and 1.73 percent, respectively. On the other hand, the India VIX index fell by around 4.84 percent.
Which stocks have risen?
The top gainers in the market today were Inox India, Hindustan Copper, Shyam Metalics and Energy (nse: shyammetl), Zensar Technologies, BEML, Inox Wind, Metropolis Healthcare, Gujarat Ambuja Exports, SJVN, and HBL Power Systems.
Which stocks experienced losses?
The following companies saw drops in the market that day: TVS Holdings (nse: tvshltd), Rajesh Exports, Vijaya Diagnostic Center, Prestige Estates Projects, Supreme Industries, Indian Bank, IIFL Finance, and Star Health and Allied Insurance Company.
Experts have mainly highlighted three factors for growth in the market. First, the US ten-year bond fell to 3.85 percent. It is lowest in last five months. Second, the equity market has gained momentum in the international arena. The S&P 500 index rose about 0.39 percent on the day.
The Nasdaq and Dow Jones were also up 0.48 percent and 0.4 percent, respectively. Thirdly, the buying trend in most sectors has taken the market higher again. While most of the sectors were red in this morning’s trade, they were in green at market close.
Multi-bagger Stock: In 2005 it was 9 Rupees, now the price is more than 300 Rupees , who is this multi-bagger?
Multi-bagger Stock: Huge returns in this stock
This multi-bagger stock has made investors millionaires in just a few years. Over the past few years, this share of the share market has increased. This stock has given great returns in the last one month. This multi-bagger has converted lakhs of rupees into crores of rupees for investors.
A return of around 30 percent in a month
The stock has returned over 27 percent in one month and is trading at Rs 315.10. It has produced returns of over 125 percent in the last six months. The stock has gained 65.67 percent so far this year.
Sensex: Shares were priced at Rs 2.60
Shares of Gabriel India Limited were at Rs.9 on April 22, 2005. Currently the stock has crossed the Rs 300 level and is trading at Rs 315. This stock has returned over 3,370 percent in 18 years. The stock has given investors a return of 89 percent in the last one year and nearly 140 percent in the last five years. Its share was at Rs 2.60 on 20th September 2002 and today i.e. after 21 years it is up 12110 percent.
1 lakh would have been 34 lakhs
The Indian stock market has multiplied investors’ money over the long term. A year ago, an investor would have received Rs 1,90,000 if they had put Rs 1 lakh on this stock. This amount would have converted to Rs 2 lakh 40 thousand in five years. Similarly, if someone had invested Rs 1 lakh on April 22, 2005, he would have got Rs 34 lakh 70 thousand today. Those who have invested 82 thousand rupees in 21 years, are getting crores of rupees today.
20 December 2023
After handling the fall, the market is green again, which sector handled the market collapse yesterday, which stock showed momentum?
Although it fell in the beginning, the stock market of India recovered at the end. Yesterday, Nifty50 Sensex has turned around after day-long volatility. The market regained its momentum from the lows due to buying in FMCG and energy stocks. BSE Sensex jumped 122 points to close at 71,437 points and National Stock Exchange Nifty jumped 35 points to close at 21,453 points at the end of yesterday’s trading.
Increase investor wealth
The market capitalization of BSE-listed companies closed at a record high in the stock market. In Tuesday’s trade, BSE’s market cap stood at Rs 359.13 lakh crore, up from Rs 358.68 lakh crore in the previous session. Investors’ wealth increased by Rs 45,000 crore in yesterday’s trade.
Sector status
In yesterday’s trade, stocks from FMCG, Pharma, Energy, Infra, Commodities, Consumer Durables, Healthcare, Oil & Gas and Banking sectors witnessed intensity. Whereas auto, IT, media, metal, real estate sectors closed with shares falling. Mid cap and small cap shares also closed in yesterday’s trade. Thirty stocks made up the Sensex; fifteen closed higher and fifteen lower.. Meanwhile, out of 50 stocks in Nifty, 24 stocks closed with gains and 26 closed with declines.
Which shares losers, and who gainers
Tuesday’s trading day closed with gains of Coal India 5.55 percent, Nestle 4.66 percent, NTPC 2.13 percent, Tata Consumer Products 1.73 percent, Cipla 1.67 percent, Reliance 1.47 percent, SBI 1.06 percent. Adani Ports closed down 1.86 percent, Hero Motocorp 1.75 percent, SBI Life Insurance 1.55 percent, Wipro 1.47 percent, Adani Enterprises 1.32 percent lower.
19 December 2023
11 per equity share, dividend approved by Vedanta Ltd
Vedanta Limited has approved an interim dividend of 1100 percent. 11 rupees on the face value of 1 rupee per equity share for the financial year 2023-24. The dividend payment date of rupees 4 thousand 89 rupees on total shares is fixed on 27th December.
In a stock exchange filing, Vedanta Ltd said on Monday that the company’s board of directors has approved a second interim dividend of Rs 11 per equity share.
The record date for ex-dividend payment is December 27.
Vedanta Limited declared interim dividend on December 14. Since then, shares of Vedanta have gained about 4 percent. Earlier, the Anil Aggarwal-led company had declared a first interim dividend of 18.50 paise per share in May this year.
A company giving out a share of its profits to investors is called a dividend. However, the company announces a fixed date for availing the benefit of this dividend. Generally, if you purchased a share up to the record date, you are entitled to receive the dividend.
Notably, the board meeting of the organization is going to be held on Tuesday. It is learned that the meeting will consider the proposal to issue non-convertible debentures (NCDs) on a private placement basis.
18 December 2023
‘Sweet’ can be sold in the stock market on Monday! What news came suddenly
Sugar production is declining. That is why the Indian stock market banned the export of sugar. Pressure increased on sugar producing companies. Meanwhile, ethanol is produced as a byproduct during sugar production. This ethanol again has a major role in renewable energy. Bio fuel is made by blending ethanol with petrol.
Ethanol blending into petrol in India started in 2001. But, the reduction in production also created concerns about ethanol production. Concerns also grew among investors in stocks of sugar producers. However, according to sources, the partial ban on sugar exports has already been lifted. But the question is, will stocks of sugar producers see a rally after the stock market opens on Monday or not?
Incidentally, the top sugar producing companies in the country include Aid Parry, Dalmia Bharat Sugar & Industries, Shree Renuka Sugar. Meanwhile, Dalmia Bharat Sugar & Industries has again looked at increasing its ethanol production capacity. It is also investing Rs. 400 crore to increase the daily ethanol production capacity to 250 kilo litres. The company’s stock has also seen a rise in recent times. A similar picture is seen in Aid Parry, Sri Renuka Sugar.
However, Bharat Sugar and Industries closed up by Rs 2 at the close of the stock market on Friday. In August this year, the company’s share price was hovering around 340. At present it has reached about four hundred houses. On the other hand, an increase in the price was seen in the share price of Renuka Sugar on Friday. The price of this stock has gone up to 47 rupees. Now it will be interesting to see where the prices of these stocks go on Monday amid pressure on new sugar export news.
17 December 2023
Adani Group: Adani Group buys a large stake in the news agency, another big leap in the media market
Adani Group bought majority stake in Indo Asian News Service (IANS). Earlier last year they bought a large part of NDTV. Now he has bought a major stake in Indo-Asian News Service (IANS).
Earlier, Radhika and Prannoy Roy the founders of NDTV sold most of their shares to the Adani Group. Adani Group then started controlling a large part of the management of that media company. This time Adani Group has bought a large part of the shares of another media. Adani has bought a major stake in the well-known news agency IANS.
Adani Enterprises said in its regulatory filing that its AMG Media Network Ltd has bought 50.50 per cent stake.
News from PTI sources.
According to the news agency, the revenue for the financial year 2022-23 (from April 2022 to March 2023) was 11.86 crores. According to the filing, all management control of IANS will now be in the hands of AMNL. This time they will also have the responsibility of creating a management committee in that company.
From now on, IANS will be a subsidiary of AMNL, the filing said.
Earlier Adani Group had acquired Quintillion Business Media. It primarily served as a digital medium for business and financial news. This news platform is known as BQ Prime. Adani Group acquired a major stake in NDTV last year.
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Supreme Power Equipment: Bids open till December 26, check prices.
The subscription phase of Supreme Power Equipment’s IPO has already started. Investors can bid on the company’s IPO from Thursday. Bids for the company’s IPO will be available till December 26. The IPO offering of this company dealing with small and medium industries will be done through book building. The NSE SME platform is anticipated to list this company’s shares. Business operations of the company The company’s current operations include the production, upgrading, and refurbishing of transformers, which include rectifier, generator, and power transformers. There is room for expansion for this company, according to sources. India is third in the globe as of April 30, 2023, in terms of both electricity output and consumption.. During that period, 416.59 GW of electricity was installed in the country.
IPO share price
According to a news agency, the company’s new issue amount is 71.8 lakh equity shares. That is, this company plans to collect about 46.67 crore rupees from the market. It is reported that the company’s IPO price per share is 61 to 65 rupees. In a single lot, bidders can purchase 2000 shares. Amount of revenue and earnings Up till July 31, 2023, the company’s profit before taxes was approximately Rs 5.03 crore. The company brought in about Rs 39.26 crore at that point.