Author name: sbadmin

Stock Market Closing: Sensex rises 446 pts; Nifty tops 17,100, RIL Shares Gains

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The primary Indian equities indices concluded trading on Tuesday mostly higher. The NSE Nifty 50 jumped 119.10 points or 0.70% to 17,107.50, while the BSE Sensex rose 445.73 points to 58,074.68. Bank Nifty rose 532.75 points to 39,894.70. The size of the market was definitely in the purchasers’ favour. The small- and mid-capitalization S&P BSE […]

Stock Market Closing: Sensex rises 446 pts; Nifty tops 17,100, RIL Shares Gains Read More »

Solid Wall Street Handover Helps Sensex Recover, Rupee Gains 10 Paise

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In a clever move, benchmark indices mounted a comeback to recover from Monday’s losses as global markets rose as concerns about the global banking sector eased. Sentiment was also boosted by reports that the US Federal Reserve would raise interest rates in a very measured manner at the important meeting. The Fed must decide on

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Stock Analysis: Multibagger stock trades near record high; over 40% rally seen

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Stock Analysis: Products from Venus Pipes are widely used in industries including oil & gas, engineering, fertilisers, pharmaceuticals, power, food processing, and chemicals. According to stockbroker Antique Stock Broking, it would soon reach a capacity of 33.6 ktpa after integrating a 9.6 ktpa backward line (to create hollow pipes from stainless steel round bars). The

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World Markets Rise As Bank Crisis Eases, With Bitcoin Reaching $28,000

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The Dow Jones led a sharp climb in the world markets last day, adding 380 points, while the S&P 500 rose 0.9%. The rise occurred the day after UBS acquired Credit Suisse, raising the possibility that the global financial crisis may be abating. News that JP Morgan would counsel troubled First Republic Bank on strategic

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Nifty PSU Bank index

Brokerage expects this PSU bank shares to increase by 41%

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Due to their strong earnings, the shares of state-owned institutions have outperformed the banking benchmark index during the past year. Throughout the aforementioned time period, Nifty Bank increased by 9.28%, while the Nifty PSU Bank index increased by 44.42%. Brokers have high hopes for Indian Bank, a PSU lender. The bank, which has its headquarters

Brokerage expects this PSU bank shares to increase by 41% Read More »

PepsiCo Foundation To Spend $4,000,000 Over Three Years To Provide Access To Clean Water And Sanitation In Uttar Pradesh

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As part of a relationship with the Pandit Jagat Ram Memorial FORCE Trust, the PepsiCo Foundation announced on Monday that it would contribute USD 4,000,00 to the expansion of its safe water access and sustainable sanitation initiative in Mathura, Uttar Pradesh. The Jal Jeevan Campaign, Jal Shakti Mission, and Swachh Bharat Mission are the three

PepsiCo Foundation To Spend $4,000,000 Over Three Years To Provide Access To Clean Water And Sanitation In Uttar Pradesh Read More »

Stock Analysis: Shareholders of Varun Beverages Ltd (VBL) are sitting on substantial profits

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Shareholders of Varun Beverages Ltd (VBL) are sitting on substantial profits. The stock has increased by more than twofold since the start of CY22. Outside of the US, VBL is one of PepsiCo’s biggest franchisees worldwide. It adheres to the January through December calendar year. The stock’s sentiment was bolstered by a number of factors,

Stock Analysis: Shareholders of Varun Beverages Ltd (VBL) are sitting on substantial profits Read More »

Gross NPA at PSU Banks Down

Gross NPA at PSU Banks Down to 5.53%; Overall Profit Is Rs. 70,167 Cr. For April to December FY23

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Gross NPA at PSU Banks:  According to information provided to Parliament on Monday, the government has implemented a number of reforms that have greatly improved the asset quality of public sector banks, with the gross non-performing assets ratio falling from a peak of 14.6% in March 2018 to 5.53% in December 2022. In a written

Gross NPA at PSU Banks Down to 5.53%; Overall Profit Is Rs. 70,167 Cr. For April to December FY23 Read More »

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