Author: Dinesh

The U.S. stock market is open today, Tuesday, November 5, 2024, despite being Election Day. While this day is not a federal holiday and the markets remain operational, some states, including New York, Maryland, Hawaii, Illinois, and West Virginia, have declared it a public holiday for state employees to facilitate voting. Today’s election sees Democratic…

SMC Global Securities has identified SJVN Ltd as a top trading pick for the week of November 4 to 8, 2024, with a target price set at ₹129, suggesting a potential upside of over 12% from its current trading price of ₹115. SJVN is recognized as one of the leading dividend-paying public sector undertakings (PSUs)…

Reliance Industries (RIL), India’s largest oil and gas company, experienced a nearly 1% increase during the Muhurat trading session on November 1. This comes after a bearish week where the stock faced correction following its Q2 results and the announcement of a substantial bonus share allotment. Shareholders received approximately 677 crore equity shares in a…

The Indian stock market displayed a positive trend this week, driven by strong Q2 performances from PSU banks and a decline in oil prices amid easing geopolitical tensions in the Middle East. This boosted market sentiment, leading to a recovery in the benchmark indices, which closed the week on an upward trajectory. The India Volatility…

Suzlon Energy has shown impressive growth both in its financial performance and stock price, backed by strong order inflows and increasing institutional interest. Here’s a summary of its recent updates: In summary, Suzlon Energy has shown exceptional growth in both operational and financial metrics, driven by a strong order pipeline and rising institutional interest. While…

IRCTC now offers a comprehensive travel insurance policy for train passengers, providing significant coverage of up to ₹10 lakh with an affordable premium of just 45 paise per passenger. Here’s everything you need to know about this policy: Overview of IRCTC Travel Insurance This optional travel insurance from IRCTC provides valuable coverage for a range…

Google India has reported impressive financial results for the fiscal year ending March 2024 (FY24), showcasing a 26% year-on-year revenue increase, reaching ₹5,921.1 crore. This growth was primarily fueled by a significant rise in digital advertising and enterprise product sales. Key Financial Highlights: Expenditure Analysis: Leadership Changes: Amidst its expansion strategy in India, Google has…

Meta India reported a robust financial performance for FY24, with net profit surging 43% year-on-year to ₹504.93 crore. The company’s revenue from operations increased by 9.3%, reaching ₹3,034.8 crore, compared to ₹2,775.7 crore in FY23. This growth was significantly fueled by a 24% jump in gross advertising revenue, which totaled ₹22,730.7 crore, up from ₹18,308…

JM Financial has named National Aluminium Company Limited (NALCO) as a top investment pick for the upcoming Diwali season in Samvat 2081. The brokerage points to NALCO’s promising growth prospects, driven by factors such as the expansion of its alumina refinery, increasing alumina prices, and cost efficiencies from captive coal mining. As of October 31,…

This week is poised to be crucial for investors, with several prominent companies announcing dividend payouts and stock splits. Here’s an overview of the notable dividends and their upcoming record dates: Upcoming Dividends and Record Dates: Stock Splits: In addition to dividends, companies such as Motisons Jewellers and Premier Polyfilms are scheduled to undergo stock…