As of November 2023, Canara Robeco Mutual Fund manages assets worth Rs 78,398.51 crore.
Market experts see the non-stop record runs in domestic markets being lent by mother markets US, coupled with steadily declining US bond yields, and dollar index below 101 levels
The strong listing comes on the back of good interest shown by investors in the company's Rs 740-crore public issue. Qualified institutional buyers took the lead, buying 179.66 times the allotted quota
PTC Industries stock has given a return of 30.47 percent over the last six months. The benchmark Nifty50 index has given a return of 12.85 percent over the same duration.
The company is moving into products for the semiconductor industry
Oil India holds 69.63 percent stake in Numaligarh Refinery.
As of September 2023, Hypnos Fund held 32,92,758 equity shares or 1.25% stake in Swan Energy.
Zomato stock has surged 110 percent so far in 2023, massively outperforming benchmark Nifty 50 which has risen 19 percent during this period.
The board also consider and approve increase in authorized share capital of the company to accommodate issue of bonus equity shares, if any.
Exide Industries stock has given a return of 29.32 percent over the last six months. The benchmark Nifty50 index has given a return of 12.85 percent over the same duration.
Tastings, a major focus of Sula’s wine tourism, also set a record with over 5,300 individual tastings over the 3 days
The Loteprednol Etabonate Ophthalmic Suspension is used for the temporary relief of the signs and symptoms of seasonal allergic conjunctivitis.
The acquisition involves purchase of equity against cash consideration and one-time settlement of outstanding debt.
GE Power India stock has surged 61 percent year-to-date, outperforming benchmark Nifty 50 which has risen 19 percent during this period.
Suri also said he’s closely tracking defense and railways sector stocks. He said that defense order inflows are strong, and that the execution is in progress.
Indian equity market is expected to maintain its bullish run given the significant consolidation breakout ahead of the monthly expiry of derivative contracts on December 28. The Nifty 50 is likely to face immediate resistance at 21,700-21,800 levels, followed by the 22,000 mark, considering the higher highs, higher lows formation and positive momentum indicators, while the 21,500, which acted as a resistance, is expected to be support for the index, experts said. On December 27, the benchmark indices ended at fresh record closing highs. The BSE Sensex climbed above the 72,000 mark for the first time, rising 702 points to 72,038, while the Nifty 50 surged 214 points to 21,655. Meanwhile, the volatility jumped to the highest level since March 20 this year, which experts feel may make the trend unfavourable for bulls. The India VIX rose 6% to 15.56 levels. This morning global cues are positive with Wall Street poised to clock its ninth-straight winning week and the GIFT Nifty hinting at a fresh high above the 21,700 mark. Also among stocks in focus today, we put the spotlight on Canara Bank, NTPC, Zomato and LIC among others. Watch out for Sachin Tendulkar-backed Azad Engineering, that makes its stock market debut today. Catch Nandita Khemka in conversation with Andrew Holland-- Chief Executive Officer, Avendus Capital Public Markets Alternate Strategies LLP and Osho Krishan, Senior Analyst - Technical & Derivative Research, Angel One.
The combined average daily turnover for NSE and BSE reached an all-time high of Rs 1.17 lakh crore in December so far, up 48.06 percent from the previous month.
Brent crude futures climbed 20 cents, or 0.3%, to $79.85 a barrel by 0133 GMT. U.S. WTI crude futures were up 24 cents, or 0.3%, at $74.35 a barrel.
The S&P 500 has climbed 14% in just two months to within a whisker of its all-time closing peak, while its price to earnings ratio is up by a quarter on the year at 24.0.
Foreign institutional investors (FIIs) turned net buyers for the first time in the last seven consecutive sessions, buying shares worth Rs 2,926.05 crore, while domestic institutional investors (DIIs) turned net sellers after six-day of consistent buying, offloading Rs 192.01 crore worth of stocks on December 27, provisional data from the NSE showed.
India's economic growth (nominal growth that exceeded 12 percent in 2023, and which could come in at the same level or even higher in 2024) and improvement in currency stability relative to China are the factors in India's favour
Sensex Today | Stock Market LIVE Updates: Coal India, Hero MotoCorp, NTPC, BPCL and Power Grid are among the top gainers on the Nifty, while losers are Adani Enterprises, Maruti Suzuki, Infosys, Eicher Motors and Grasim. Among sectors, oil & gas, power and metal indices up 0.5-1 percent each. BSE Midcap and Smallcap indices are trading with marginal gains.
Anirudh Garg of Invasset PMS is decidedly bullish on the outlook of the gas sector, especially concerning the expansion of gas pipeline infrastructure in India.
Stocks to watch: Check out the companies making headlines before the opening bell today, on December 28, 2023.
Sona BLW Precision Forgings has seen a breakout of falling resistance trendline adjoining multiple touchpoints and formed strong bullish candlestick pattern on the daily scale.