Shares of Adani Group-based energy firm – Adani Power have gained 13.6 per cent thus far in April; and the stock soared over 26 per cent from its low of ₹462 hit on April 7, to the day’s high at ₹584 on Wednesday. The stock traded with a gain of 0.8 per cent at ₹577, while the NSE benchmark Nifty 50 index rose 0.4 per cent at 24,250 levels. The recent gains in the stock have been attributed to growing investor
Read More
Shares of Dixon Technologies (India) hit a three-month high of ₹16,795.80, surging 6 per cent on the BSE in Tuesday’s intra-day trade amid heavy volumes. The stock of the consumer electronics company is trading at its highest level since January 21, 2025. It has recovered 36 per cent from its low of Rs 12,326.60 touched on April 7, 2025. The stock had hit a 52-week high of Rs 19,149.80 on December 17, 2024. At 11:12 am;
Read More
Shares of HDFC Bank touched a record high of ₹1,970.65 gaining 2.2 per cent on the BSE in intra-day trade. The stock was trading higher for the sixth straight session, and has surged 12 per cent during this period, as the HDFC Bank reported a good set of earnings for the quarter ended March 2025 (Q4FY25). At 10:41 am, with ₹15.04 trillion market cap, HDFC Bank was trading 2 per cent higher at ₹1,967.85 on the
Read More
Amid the frenzied rally in the banking shares on the stock exchanges, shares of few of leading banks such as SBI, Axis Bank and Bank of Baroda recently conquered the 200-Daily Moving Average (200-DMA). The 200-DMA, also known as the long-term moving average, is generally referred to in identifying a positive and negative trend. On the bourses, the National Stock Exchange (NSE)-based Bank Nifty index has surged nearly 14 per cent from its April low of 49,157, and
Read More
The corporate affairs ministry on Monday said it will take necessary action in the Gensol Engineering matter after examining market regulator Sebi’s order against the company. Last week, Sebi barred the company’s promoters Anmol Singh Jaggi and Puneet Singh Jaggi from the securities market for various violations. The order came amid accusations of siphoning off loan funds from their publicly listed company Gensol Engineering for personal use, raising concerns over corporate governance and financial misconduct.
Read More