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Stock to buy on Monday: Borosil Renewables share price has been on an uptrend for the last five sessions. The solar glass stock witnessed strong buying on, before, and before the presentation of Union Budget 2024. In one week, Borosil Renewables shares surged from around ₹469.50 to ₹541 apiece on the NSE, logging a nearly 15 percent rise in this time frame. According to stock market experts, Borosil Renewables’ share price is looking positive from Read More

Shares of IDBI Bank crossed the ₹100 mark for the first time in 10 years during today’s intraday session, gaining 7%. This follows the previous session during which the stock surged by 13%. This recent rally has pushed the stock to gain 51% in the current year so far.  The stock last reached the ₹100 mark in July 2014. It fell to an all-time low of ₹18 in April 2020. However, the stock began its Read More

Finance Minister Nirmala Sitharaman announced an increase in the securities transaction tax (STT) on futures and options (F&O) in the Union Budget 2024. Analysts had anticipated this tax hike due to the strong participation of retail investors in the derivatives market. In recent years, derivative trading in India has grown significantly as investors seek quick profits. However, many of these investors face losses due to a lack of understanding of derivative trading. Despite repeated warnings Read More

Budget 2024: ITC share price soared by more than 5% on Tuesday after Finance Minister (FM) Nirmala Sitharaman announced no changes to tobacco taxation in her budget address, providing comfort to businesses like ITC, which rely heavily on cigarettes for income. The rates remained unchanged following a 16% hike in National Calamity Contingent Duty (NCCD) last year. ITC was among the top performers on the benchmark indices, Nifty 50 and Sensex. ITC’s share price today Read More

Stock market today: Continuing their losing streak for a second consecutive session, Indian stock market benchmarks, the Nifty 50 and the Sensex, closed in the red on Monday, July 22, ahead of the Union Budget 2024. The fall in key indices could be largely attributed to the poor show of select heavyweight stocks such as Reliance Industries, Kotak Mahindra Bank, ITC, and Wipro. However, gains in shares of HDFC Bank, Infosys and Mahindra and Mahindra Read More