Page 8 - Stock Market Rally

LIC stock is up 16% in July on the BSE; what's fueling the rise? Check here

Analysts remain optimistic about the medium-term outlook for the life insurance sector, and expect Retail APE to grow ~12-13 per cent during FY25E.

Just Dial zooms 15%; stock hits 9-year high on strong June quarter results

The cash balance now stands at around 55 per cent of the market capitalisation of the company, and it is yet to decide on the utilisation/distribution of its cash balance, as per analysts at ICICI Sec

Nifty Microcap 250 surges 29% in 2024, outruns mid, smallcap indices

The rally in microcap stocks, according to Devarsh Vakil, Deputy Head of Retail Research, HDFC Securities, has been on the back of growth in earnings in a lot of these companies

Balrampur Chini stock hits 7-month high; jumps 4% on positive outlook

Higher sugar realization and better feedstock mix within the distillery segment should improve profitability in H1FY25 even as volume may be lower, believe analysts at Elara Capital.

This smallcap stock has zoomed 104% in 4 months; posts strong Q1 results

In the past 13 trading days, Styrenix Performance surged 39% after the promoter Shiva Performance Materials sold 2.9 million shares representing 16.49% stake on June 27, by way of market sale.

Aurobindo stock at new high, up 5% as board to consider buyback on July 18

In the past one year, the stock has zoomed 89 per cent, as compared to 21 per cent rally in the BSE Sensex.

Stock market holidays: Are NSE, BSE closed on July 17 for Muharram? Update

The equity segment, equity derivative segment, and SLB segment will remain closed for the entire day on July 17.

Sensex up 996 pts, Nifty near 24,600 intraday: Why markets rose on Friday?

Why are stock markets rising: A large part of Friday's rally in Sensex, Nifty50 indices was led by information technology (IT) stocks

Oil India stock extends rally, up 17% in 2 days; market cap nears Rs 1 trn

In the past one month, the stock price of OIL has appreciated by 36 per cent, while, thus far in the calendar year 2024, the stock has zoomed 141 per cent.

RailTel stock soars 18% on heavy volumes; up 331% in 1 year

In the past one month, the stock of telecom service provider for Indian Railways has rallied 47 per cent after winning multiple orders worth Rs 161 crore.

ONGC, Oil India, Selan on fire; Here's what fueled up to 13% rally today

Hardeep Singh Puri, minister of Petroleum and Natural Gas in India, said E&P offers investment opportunities worth $100 billion by 2030.

Life insurers extend rally on healthy growth in Q1; ICICI Pru at 52-wk high

As India marches forward to join the ranks of developed nations, the demand for long-term savings, protection and annuity products will only accelerate, believe life insurers.

REC, PFC rally up to 4%, at new high in weak market; zoom over 200% in 1 yr

CRISIL Ratings believes REC will continue to benefit from government support, given its strategic role in the implementation of the government's power sector initiatives.

85% of mid, smallcaps appear bullish on the charts. Will the trend sustain?

A total of 131 stocks from the Nifty MidCap 150 index, and 211 stocks from the Nifty SmallCap 250 index are seen trading above the long-term moving average as of date.

Sensex sees third fastest 5,000-point gain in history to reach 80,000 mark

The fastest 5,000-point rally for the Sensex was nearly three years ago (September 24, 2021) when the index hit an intraday high of 60,333 in a span of just 28 trading days

Thermax stock hits new high, up 4% on securing order worth of Rs 513 crore

Thermax, in an exchange filing, said Thermax Babcock & Wilcox Energy Solutions Limited, a wholly-owned subsidiary of the company, has concluded an order of Rs 513 crore for supply of 2X 550 TPH boiler

Largecap, midcap threshold rises around 25% amid stock market rally

The threshold has jumped from Rs 67,000 crore and Rs 22,000 crore after the end of the previous rebalancing in December 2023

101 BSE stocks now in Rs 1 trillion market cap club; RVNL, MDL new entrants

RVNL, MDL, Samvardhana Motherson International, Cummins and Indus Towers, have joined the elite club in CY24; These stocks have surged up to 174% thus far this year.

This pharma stock has surged 16% on Friday; zoomed over 100% so far in CY24

Shilpa Medicare hit a multi-year high of Rs 672.50, rallied 16% after the company's CDMO customer reported positive results from pivotal clinical trial & placed binding purchase order.

Market outlook July 05: Nifty eyes 5th weekly gain; SME Nephro Care to list

All you need to know before the Indian stocks open for trade on Friday: GIFT Nifty hints quiet start. Nephro Care India will be the first SME IPO to debut after Sebi announced a cap on listing price.