Nishchal Jain, Quant Researcher at Share.Market by PhonePe sees Vodafone Idea stock crossing the ₹20-mark as a viable option; but cautions against short-term volatility owing to overbought conditions. Vodafone Idea stock has crossed the ₹15-mark after a gap of nearly 21 months on the NSE. The stock now trades at its highest-level since early…
DetailsAs per news reports, the Union Cabinet is expected to consider proposals as early as this week that could significantly reduce the tax burden on foreign funds investing in Indian bonds. India is preparing a fresh set of measures aimed at attracting overseas capital, including tax relief for foreign investors and easier access to government…
DetailsThrough its maiden share sale, CMR Green Technologies aims to mobilise ₹630.88 crore via an entirely offer-for-sale (OFS) of 32.9 million equity shares The prolonged dry spell in India’s mainboard primary markets appears set to end with the initial public offering (IPO) of non-ferrous metal recycler and secondary aluminium player CMR Green Technologies, scheduled to…
DetailsLIC 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…
DetailsAdani 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…
DetailsApril 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…
DetailsHindalco expects high double-digit growth in domestic aluminium downstream business in FY27, driven by ramp-up at its new rolling facility, Aditya FRP, and expansion into higher-value products Hindalco Industries expects unit Novelis to deliver earnings of about $500 per tonne in fiscal 2027 and sees strong demand across its Indian aluminium and copper businesses, a…
DetailsTata Projects will execute construction work for three luxury residential developments by Godrej Properties along Gurugram’s Golf Course Road Godrej Properties Limited (GPL) has partnered with Tata Projects on three of its luxury projects in Gurugram, with a combined contract value of around ₹1,100 crore. Tata Projects is the engineering and construction arm…
DetailsThese eight sectors expanded by 1 per cent in the same month last year. The pace of expansion was 1.2 per cent in March Production growth in eight core infrastructure sectors rose 1.7 per cent in April, driven by higher output of steel, cement and electricity, according to government data released on Wednesday. These…
DetailsKiran Jani, Head of Technical Research at Jainam Broking, sees 23,200 as a strong support level for benchmark Nifty50, adding that if the index decisively holds 23,200, then traders can expect 24,500-24,800 levels in the upcoming months. Offering a stock-specific view on Tata Motors (Commercial Vehicles) Ltd (TMCV) in Business Today Television’s (BTTV’s) Daily…
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