News

NALCO to consider 2nd interim dividend next week, Board fixes record date

National Aluminium Company Limited (NALCO) is a mid-cap company with a market capitalization of ₹15,143 Cr that operates in the aluminium sector. National Aluminium Company Limited (NALCO) is a Schedule ‘A’ Navratna CPSE that was founded on January 7, 1981 and is headquartered in Bhubaneswar. The company, which is one of the largest integrated Bauxite-Alumina-Aluminium-Power Complex in the country, announced that it will consider a second interim dividend for the fiscal…
News

Logistic stock declares 162.5% dividend, FII raises stake in Q3

With a market valuation of ₹9,197 Cr, Allcargo Logistics is a small-cap company that engages in the courier services industry. The leading logistics provider in India, Allcargo Logistics is a well known solution for supply chain management that offers logistics services in more than 180 nations. A 162.5% interim dividend has been declared by the company’s board of directors for eligible shareholders, and a record date has also been set for…
News

Buy or sell: Vaishali Parekh recommends these 3 stocks to buy today — March 8

Indian shares extended gains for a second session in a row on Monday, after strong economic data from the US and investment in the Adani group of companies boosted risk appetite. The Nifty 50 index closed 0.67% higher to 17,711.45, while the S&P BSE Sensex gained 0.69% to 60,224.46. “Market has recovered well with Nifty gaining 2% over the last two trading session, showing renewed strength. India VIX too has fallen…
News

Day trading guide for Women’s Day 2023: 6 stocks to buy or sell on Wednesday

Day trading guide for Women’s Day 2023: Carrying its positive bias from Friday, Indian stock market finished higher for second straight session on Monday. Nifty 50 index gained 117 points and closed at 17,711 levels, BSE Sensex shot up 415 points and finished at 60,224 mark whereas Nifty Bank index surged 99 points and closed at 41,350. Broad market indices gained more than the Nifty even as the advance decline ratio…
News

Invested in Vedanta, Adani group stocks? Nithin Kamath has this lesson for you

Investing in stock market needs a lot of home work in pre-investment stage while finalising a stock for investment. A good number of stock market investors look at the valuations and sentiment in regard to the stock at the time of investment. In fact a good number of investors overlook higher valuations of a stock if market sentiments are bullish on that stock. We have seen that happening in post-Covid…
News

Rekha Jhunjhunwala earns ₹650 crore from these 2 stocks in one month

Rekha Jhunjhunwala portfolio: After trend reversal on Dalal Street and global market sentiments in last few sessions, large-cap and mid-cap stocks have delivered strong upside movement. However, this rally came after a long lull in equity market due to sharp appreciation in US dollar rates. But, even when the market was bleeding, smart money was busy making money for its masters. Those who believe in claims by examples, they need to…
News

CEAT to IGL: Yes Securities recommends 4 stocks that may rock in March 2023

Yes Securities stock recommendations: After bleeding for near a fortnight due to weak global sentiments, Indian stock market finally announced to come out of the weakness zone after two successive strong sessions on Friday and Monday. In these two sessions, BSE Sensex shot up over 1300 points, Nifty 50 index ascended to the tune of 400 points whereas Nifty Bank index skyrocketed over 950 points. According to stock market experts, after…
News

Multibagger stock to trade ex-split, ex-bonus this week. Do you own?

Rhetan TMT Ltd, which has given multibagger returns to investors in the last six months, will trade ex-split and ex-bonus on Friday, 10 March. The company board has earlier approved stock split from ₹10 to Re 1 i.e., in the ratio of 1:10, and fixed 10 March, 2023 as the record date for the purpose of determining the eligibility of the shareholders. Stock split increases the number of shares of a company’s stock…
News

Festival of colour turns impressive for markets; Sensex rises over 2,360 pts, Nifty up 424 pts from Holi 2022

Holi 2023: The festival of colours is considered playful and supposed to bring love and joy. In the market also, the festival has brought some cheer as Nifty, Sensex started the week upbeat. On March 6, Sensex closed at 60,224.46 up by 415.49 points or 0.69%. Nifty 50 ended at 17,711.45 higher by 117.10 points or 0.67%. Looking at the Indian market performance since Holi 2022, both Sensex and Nifty 50 have made…
News

Multibagger stock to buy: Axis Securities sees 10% rise in this stock

Multibagger stock: Astral shares are one of the multibagger stocks that Indian stock market has delivered in recent years. This stock has given 275 per cent return to its shareholders in last five years. It has given stellar return in post-Covid stock market rebound as it surged from around ₹630 apiece to ₹1925 per share levels in last three years, giving more than 200 per cent return in this time. However, this multibagger…