Stock Market
Bitcoin has achieved yet another historic milestone by crossing the $121,000 mark for the first time, creating waves across global financial markets. The cryptocurrency, which began 2025 with a steady rise, has gained momentum in recent weeks due to multiple macro and sector-specific factors that have fueled bullish investor sentiment. Key reasons behind Bitcoin’s record…
Indian Renewable Energy Development Agency Ltd (IREDA), a leading public sector undertaking under the Ministry of New and Renewable Energy, witnessed a strong surge in its stock price today after receiving government approval to raise funds through capital gains bonds under Section 54EC of the Income Tax Act. This strategic move is expected to augment…
Aayush Wellness Ltd, a prominent player in India’s growing wellness and healthcare sector, witnessed its stock hit the upper circuit limit on the bourses today following the board’s approval to launch a new innovative healthcare product. The development triggered immense buying interest among retail and institutional investors, cementing the stock’s status as a multibagger and…
In a development that rattled investor sentiment on Dalal Street, a prominent large-cap stock witnessed a significant decline after its holding company announced the sale of a sizeable stake worth ₹734 crore in Akzo Nobel India. The stake sale triggered concerns among investors about the strategic intent and future holding structure of Akzo Nobel India,…
Shares of Zee Entertainment Enterprises Ltd (ZEEL) plunged by over 6% in intraday trade on Thursday after the company’s proposed fundraising plan collapsed due to resistance from key shareholders. The development has triggered fresh concerns over the broadcaster’s liquidity and strategic options, especially after its failed merger with Sony earlier this year. Fundraising Plan Withdrawn:…
Shares of a leading real estate and infrastructure development company surged nearly 5% in intraday trade on Thursday after it announced winning multiple projects worth Rs 200 crore across key cities in India. The new contracts include residential, commercial, and mixed-use developments, underscoring the sector’s continued growth momentum despite prevailing macroeconomic challenges. Details of Projects…
Shares of Prostarm Info Systems Ltd surged over 11% in intraday trade on Tuesday, continuing their upward trajectory since the company’s market debut last month. The stock has delivered an impressive rally of nearly 62% within a month, reflecting strong investor interest and optimism around its business outlook. Strong debut and sustained rally Prostarm Info…
Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) stocks have garnered bullish ratings from global brokerage Morgan Stanley, which has assigned an ‘overweight’ outlook for both companies citing robust growth prospects. The brokerage expects the loan portfolios of both state-owned non-banking financial corporations to witness a compounded annual growth rate (CAGR) of 12% over…
Prestige Estates Projects Ltd witnessed a notable rise of 2% in its stock price on Tuesday after the real estate major reported record-breaking financial results for the first quarter of FY25. Market analysts and brokerages remain optimistic on the company’s trajectory, projecting continued robust growth due to strong sales bookings, new launches, and a healthy…
A prominent midcap engineering and manufacturing company has attracted significant investor attention after securing a major order worth Rs 54 crore from Bharat Petroleum Corporation Limited (BPCL). The announcement, made on Monday, led to a surge in its stock price during early trade, underlining strong market confidence in its execution capabilities and order book momentum….
