Category: Blog

Market Overview Volatility Indicator Stock Recommendations 1. eClerx Services (ECLERX) 2. Manorama Industries (MANORAMA) In summary, ECLERX and MANORAMA are strong buy options, with clear target and stop-loss levels. The Nifty and Bank Nifty indices remain in consolidation phases, so careful attention to support and resistance levels can help guide trading strategies. Disclaimer: This information…

The NTPC Green Energy Limited (NGEL) IPO, with an estimated size of ₹10,000 crore, is generating significant interest as it’s expected to launch in the third quarter of FY25. Here’s how investors can prepare and maximize their chances for a share allocation in this IPO. Eligibility Requirements and Key Details: This IPO is a pivotal…

Afcons Infrastructure is a prominent player in India’s infrastructure sector, known for its expertise in executing large-scale, complex projects across various industries, including transportation, marine, oil and gas, and power. With India’s increasing demand for infrastructure development, Afcons is well-positioned to benefit from the nation’s growth trajectory. The company has a strong track record and…

GAIL (India), a Maharatna PSU oil and gas giant, saw a significant rally of 6.4% on November 6, 2024, closing at ₹208.90 per share after announcing its Q2 FY25 financial results. Despite missing earnings expectations due to the normalization of gas trading margins, the stock surged amid a bullish market. For Q2 FY25, GAIL reported…

Nvidia’s stock has been on an extraordinary rise, reaching an all-time high of $145 per share and pushing its market capitalization to over $3.55 trillion, making it the world’s most valuable company, surpassing Apple. As of now, Nvidia’s stock is priced at $144.75, up 3.5% on the Nasdaq, adding an impressive $120 billion to its…

On November 6, 2024, Warren Buffett, often referred to as the “Oracle of Omaha,” saw his wealth increase by more than $8 billion in just one day, driven by the strong performance of his top three holdings: Apple Inc., Bank of America, and American Express. Here’s a breakdown of the gains: In total, these three…

The Sagility India IPO, which opened for subscription on November 5 and closes today, November 7, 2024, has generated mixed interest from various investor categories. Here’s a breakdown of the IPO details, current subscription status, grey market premium, and insights from analysts: Overall, while Sagility India holds a strong niche in the U.S. healthcare sector,…

Swiggy Ltd’s much-anticipated IPO opened for bidding on November 6, 2024, and will be available for subscription until November 8. The food delivery giant has set a price range of ₹371 to ₹390 per share, aiming to raise ₹11,327.43 crore through a mix of new share issues and an offer for sale (OFS). Despite Swiggy’s…

ACME Solar Holdings Ltd, a prominent player in India’s renewable energy landscape, opened its IPO on November 6, 2024, and will close on November 8. The company aims to raise approximately ₹2,900 crore through this public offering, with shares priced in the range of ₹275 to ₹289. Ahead of the IPO, ACME Solar secured ₹1,300.50…

The NTPC Green Energy Limited (NGEL) IPO is anticipated to hit the market in Q3 FY25, likely around November 2024. This IPO is expected to significantly enhance NTPC’s standing in the renewable energy sector, adding value to the parent company, Maharatna PSU. Brokerage firms have suggested buying NTPC stock ahead of the IPO, as NGEL’s…