Why is BSE stock up today: BSE share price advanced 8.1 per cent to Rs 2,607.7 per share on the NSE on Wednesday. The rally comes amid market regulator Sebi's new proposals regarding F&O trading
The market regulator Sebi has proposed measures to curb excessive speculation in F&O; a move that could impact trading volumes, believe analysts; Here are key levels to watch on broking related stocks
The rise in the stock price came after the company announced that it has secured an order from Himachal Pradesh State Electricity Board limited (HPSEBL).
Stock Market Highlights on Monday, July 29: Among the broader indices, Midcap outperformed the others, as the Nifty Midcap 100 index hit a fresh 52-week high of 58,455.10
The share price jumped after the company announced that it has secured an order with Rs 160 crore from Suruchi Properties, a group company of Century Real Estate Holdings.
Analysts said HUL is already at a 52-week high and has seen a sharp up move in the past two months. Thus, they believe that some profit booking in the near term is possible.
The uptick in stock price came after the company posted a strong set of second quarter of calendar year 2024 (Q2CY24) results.
From a technical standpoint, the daily chart has revealed an inverse head and shoulders pattern with a neckline at Rs 1,620 & Bajaj Finserv stock is holding steady above this level around Rs 1,640.
The fall in the stock price came on the back of weak earnings in the June quarter of financial year 2025 (Q1FY25).
The Nifty-50 is expected to deliver 12% earnings growth in FY25 over a high base of FY24 (+26 per cent Y-o-Y), said Khemka.
Valuations are reasonable and the outlook is improving in IT, BFSI and FMCG. Defence, engineering and power are clearly overpriced and some profits can be taken, Nischal Maheshwari of Centrum said
The uptick in stock price came after the company announced that it has secured a 'significant' order from JNK Global.
At 6:40 AM, GIFT Nifty futures traded steady at 24,620, indicating a subdued start for the markets.
The surge in the share price came after the company announced a strong set of June quarter earnings (Q1FY25)
The combined market valuation of seven of the top-10 most valued firms jumped Rs 1,72,225.62 crore last week, with IT bellwether Tata Consultancy Services (TCS) stealing the show, amid a rally in equities. Last week, the BSE benchmark jumped 522.74 points, or 0.65 per cent. The 30-share BSE Sensex jumped 622 points, or 0.78 per cent, to settle at a record closing level of 80,519.34 on Friday. During the day, it zoomed 996.17 points, or 1.24 per cent, to hit an all-time high of 80,893.51. The market capitalisation (mcap) of TCS surged Rs 62,393.92 crore to Rs 15,14,133.45 crore. Shares of TCS on Friday surged nearly 7 per cent after the country's largest IT services player reported an 8.7 per cent growth in the June quarter net profit at Rs 12,040 crore. ITC added Rs 31,858.83 crore taking its valuation to Rs 5,73,258.78 crore. The mcap of Infosys zoomed Rs 26,905.14 crore to Rs 7,10,827.27 crore and that of Life Insurance Corporation of India (LIC) jumped Rs 22,422.12 crore to Rs
The stock rose after the company announced that it has bagged an order worth Rs 514.55 crore
The uptick in the stock price came after the company announced that it has secured an order worth Rs 316.83 crore on Thursday post-market hours
Stock Market Highlights on Thursday, July 11, 2024: The BSE Sensex ended at session 27 points lower at 79,897, while the Nifty50 closed at 24,316, down 8.5 points
Markets fluctuated sharply within a range and ended up losing nearly half a percent, wiping out the gains from Tuesday's session
The upward movement in the stock came after RateGain announced that it has been selected for a multi-year partnership by Malaysia Airlines Berhad (Malaysia Airlines)