Bajaj Housing Finance Grew By 135%: Hold Now or Wait?
Bajaj Housing Finance has become the fourth-best listing in 2024, falling behind Unicommerce e-solutions, Premier Energies, and BLS E-Services. Soon after listing, the prices of the shares rallied at 114% premium to its IPO price and eventually closed at a price of ₹165. Moreover, according to Brokerage firm PhillipCapital, the prices may go upto ₹210,…
Shipra Prajapati
Sensex Surge Boosts Top Firms Value By ₹95,522 Crores
In a recent turn of events, the Indian stock market registered a historic rise of 0.04% in a single day, and Sensex soared up by 0.80%, adding more than ₹95,522.81 crore to the market capitalisation of the most valued companies in India. Reliance and TCS are among the top gainers of the week. Tata Consultancy…
Vipin
Nvidia Surpassed Apple In The Share Market
According to recent reports by Bloomberg, Nvidia became the first computer chip firm to reach a $3 trillion market capitalisation on Wednesday, 5 June 2024. With this, the company surpassed Apple Inc., becoming the world’s second-most valuable company. Nvidia’s stock soared at 5.2% and settled at $1,224.40, pushing the company value to $3.012 trillion. Apple’s…
Chandan Kumar
Adani Group Stock Takes A Nosedive On The Election Result Day
Adani Group stocks dropped up to 18% on the election result day, 4 June 2024. After substantial gains in the last few trading sessions, it’s a big shock for the group. This drop appears to be caused by the unwinding of speculative positions, as investors aim to either take profit or reduce exposure. The Adani…
Share Market Touches New High Ahead Of Election
For the first time ever, the market cap of listed companies touched a new high of USD 5 trillion before the elections in intraday trade. It took merely 6 months to reach this milestone of USD 5 trillion in May from USD 4 trillion in November 2023. As per Fortune India, this growth is driven…
Vikas
Bharti Hexacom IPO: Issue Date, Lot Size And Price Band
A subsidiary of one of India’s top telecom service providers, Bharti Hexacom, is said to launch its IPO in the coming month. The opening date of the IPO is April 3, and it will close on April 5. The size of the IPO is estimated to be around Rs 4,275 crore. The bidding for anchor…
ABHYUDAYA MITTAL
SEBI Bans ‘Baap Of Chart’, Orders Him To Pay ₹17 Crore
In a recent development, the Security Exchange Board of India (SEBI) has banned social media influencer, Mohammad Nasiruddin Ansari from trading in securities. Mohammad Ansari is a social media influencer who goes by the name of ‘Baap Of Chart’. He used to offer trading advice to people on X (formerly known as Twitter). On top…
Akshata Murty To Earn ₹70 Crore From Dividend Income
While declaring their 2023 Q2 results, Infosys has announced that it will be paying its shareholders dividend at the price of ₹18. One of its biggest shareholders is Britain’s First Lady, Akshata Murty who is expected to earn 70 crore from the dividend income. The record date for the dividend will be 25 Oct 2023,…
What Is Employee Stock Ownership Plan- How do they work?
Many companies in India and around the world offer Employee Stock Ownership Plans as a gesture or a token of appreciation and it also benefits their employee. On top of that it makes the employees and company interests more aligned. This begs the question, what are ESOPs, why do companies offer them to their employees…
Adani Group Stocks Rise By 19% After SC Panel’s Clean Chit
On Monday, Adani Group Share price surged after getting a clean chit from the SC panel in the stock manipulation alleged by the Hindenburg. It was the best session for the Adani Group when all its listed firms added around $10 billion to their market valuation. Four months after the Hindenburg report, it is the…
Yash Sharma