Market Wrap: Benchmark close higher with Nifty PSU Bank among the top gainers! Market Wrap: Benchmark close higher with Nifty PSU Bank among the top gainers! On Monday, Benchmark indices concluded the first trading day of the week on a positive note as Sensex surged by 0.18 per cent and closed at 80,664.86 level, while Nifty soared by 0.35 per cent and reached its record high at 24,635.05 level. Siddharth Mane / Monday, July 15, 2024 0 1777 Article rating: 5.0 On July 12, 2024, foreign institutional investors (FII) bought shares worth Rs 4,021.60 crore, while domestic institutional investors (DII) offloaded shares worth Rs 1,651.45 crore. Read more
First Sectoral Index to Cross 60,000 Mark; A Multibagger with 600 per cent Gain First Sectoral Index to Cross 60,000 Mark; A Multibagger with 600 per cent Gain It has outperformed the Nifty50 index by a wide margin, with the latter gaining 355 per cent Karan Dsij / Monday, July 15, 2024 0 1449 Article rating: 5.0 A standout performance was observed in a particular sectoral index, which became the first to cross the 60,000 mark, hitting a record high of 60,141.25. Read more
Parag Parikh Fund Increases Stake in M&M-Backed Small-Cap Company with 84 per cent Dividend Payout Ratio: Watch Out! Parag Parikh Fund Increases Stake in M&M-Backed Small-Cap Company with 84 per cent Dividend Payout Ratio: Watch Out! Trading below the industry Price-to-Earnings (PE) ratio, Swaraj Engines Ltd. presents a potentially candidate to keep on your watchlist. Karan Dsij / Monday, July 15, 2024 0 3640 Article rating: 3.4 The fund's equity investments prioritize stocks with strong cash flows, focusing on higher dividend payouts or buybacks. The strategy is to select stocks that offer a 'margin-of-safety' and to capitalize on 'special situations' as they arise. Read more
Heavy buying: Logistics stock jumps 8.75 per cent to an intraday high of 29.93 per share & FIIs increase stake in FY24 Heavy buying: Logistics stock jumps 8.75 per cent to an intraday high of 29.93 per share & FIIs increase stake in FY24 The stock is up by 62.7 per cent from its 52-week low of Rs 18.40 per share and gave multibagger returns of over 500 per cent in 5 years. Kiran Shroff / Monday, July 15, 2024 0 16344 Article rating: 3.0 The stock’s 52-week high is Rs 37.15 while its 52-week low is Rs 18.40 with a spurt in volume by more than 1.50 times on BSE. Read more
5,000 Per Cent Multibagger Returns: Rice Manufacturing Stock in Focus as Company Launches ‘10X Gulistan’ Kachi Ghani Mustard Oil 5,000 Per Cent Multibagger Returns: Rice Manufacturing Stock in Focus as Company Launches ‘10X Gulistan’ Kachi Ghani Mustard Oil As of March 2024, the company's promoters increased their stake to 72.16 per cent and FIIs increased their stake to 0.26 per cent compared to 71.72 per cent and 0.07 per cent in March 2023. Kiran Shroff / Monday, July 15, 2024 0 5867 Article rating: 2.3 This trend is driving demand across both urban and rural areas. Read more