The shares of Hindustan Petroleum Corporation Limited (HPCL) surged by around 8 per cent on Thursday after the company’s board of directors approved a share buyback programme of Rs 2,500 crore.          

Value investment is actually what you are paying for today rather than speculating over what you could possibly get in the future.  Read on to find how value funds have performed in India.

The price action suggests being with a bullish stance and looking for an immediate target of 12,025, followed by 12,220 in the near-term.

The latest update on the US election is that the presidential candidate Joe Biden is leading and approaching the 270 mark. If Nifty manages to hold above the 12,045-12,060 mark, the bulls would attempt to reclaim its all-time high level in the near term.

With this capacity addition, its total capacity would surge to 840 KLPD. The total Capex for the same is estimated to Rs 320 crore for which, Rs 220 crore would be borrowed from banks and the remaining Rs 100 will be arranged via internal sources.

The stock of Adani Transmission Limited has been picked up by our Bollinger Band Squeeze scanner, which suggests that the stock is near a consolidation breakout.

In addition to this, the stock has formed a bullish engulfing candlestick pattern on the daily timeframe. This suggests that the bulls are taking control near the support zone.

On Wednesday, Nifty closed at 11,908.50 levels, up by 0.80 per cent or 95 points. Sensex gained by 0.88 per cent or 355.01 points to settle at 40,616.14.

The equity market in the last six months has seen a vertical rally and one of the reasons attributed is a fall in interest rate. Read on to find more.

GlobalSpace Technologies Limited has announced that its subsidiary, Makebot will partner with Euro School for its Centre of Excellence (CoE) for experiential learning programme. With this move, Makebot is planning to expand its footprint in the Indian education sector.