Shares of Jio Financial Services fell nearly 3 per cent on Tuesday, hitting a low of ₹346.80, following a 6 per cent year-on-year decline in net profit for the quarter ending June 2024. The net profit for Q1FY25 was ₹313 crore, compared to ₹332 crore in the same period of […]
Angel One
In a significant uptrend, the total number of Demat accounts surged to 16.2 crore in June 2024, according to a report by Motilal Oswal Financial Services. As per the report, new additions spiked by 42 lakh in June, marking the highest account opening rate since February 2024. This indicates a […]
Companies in the broking industry experienced a sharp decline in their share values during today’s intraday session following an announcement from the Indian market regulator, SEBI. On Monday, SEBI in a circular stated that charges imposed by market infrastructure institutions—including stock exchanges, clearing corporations, and depositories—should be standardised and not […]
The Sensex began 96.95 points higher at 77,434.54, while the Nifty 50 gained 21.40 points to 23,537.40. The opening levels revealed a restrained but optimistic mood among traders, with predictions of sectoral performance shaping early trading patterns. Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, believes that the […]
Hindustan Construction Company share price (HCC) surged over 8% on Tuesday’s session after domestic brokerage Elara Capital initiated coverage with a buy recommendation, believing that the company has the ability to reclaim its former glory. Elara set a target price of ₹63 per share on HCC, indicating a 54% rise from […]
Trendlyne data shows that the Sensex closed the month of May down 521.47, or 0.70%, while the Nifty 50 concluded the month down 74.15, or 0.33%. Also Read: Sensex, Nifty 50 break 3-month gains to end May in red; 5 major triggers to watch out for in June The S&P […]