LIC bonus record date this Friday. Should you buy the PSU stock amid its ongoing uptrend?

LIC shares have been caught in an uptrend, rising for three straight sessions, following a strong set of earnings last week and the announcement of the bonus record date for its 1:1 issue. The PSU stock rose over 2% on Tuesday, taking its three-day rise to 7%. The record date for first-ever bonus issue by…

Adani Power surpasses Infosys to become 11th largest by market cap-What’s driving the rally

Adani Power’s market cap now stands at Rs 4.77 lakh crore, while Infosys ranks at the 12th position with a market cap of Rs 4.69 lakh crore.  Adani Power has surpassed IT major Infosys in terms of market capitalisation to become the 11th most valued firm in the Indian stock market. Adani Power’s market cap…

Here’s what the new IIP series shows about FY27 factory output

April data belies West Asia conflict, new data sources on services, updated WPI set to be released. The new series of the Index of Industrial Production with a base year of 2022-23 released on Monday reported factory output at 4.9% in April 2026 from 3.2% in March 2026, belying the impact of the West Asia…