NEWS HEADLINES PUNJAB
Shiv Sena UBT MPs Scheduled to Meet PM Modi on Monday NEW DELHI: In a significant political development, Shiv Sena (UBT) Members of Parliament (MPs) have secured a meeting with Prime Minister Narendra Modi on Monday. This comes after repeated attempts to meet the Prime Minister over the past week were unsuccessful, fueling widespread speculation … Read more
Gold prices dropped Rs 813 to Rs 76,315 per 10 Grams in Futures Trade New Delhi, Dec 2 (PTI): Gold prices on Monday declined significantly in futures trade, falling by Rs 813 to settle at Rs 76,315 per 10 grams. The dip, a 1.05% decrease, was recorded on the Multi Commodity Exchange (MCX) in contracts … Read more
Adani Green Energy Shares Gain Amid Dollar Bond Revival Talks Shares of Adani Green Energy Limited (AGEL) are poised for heightened investor attention following key announcements and clarifications from the Adani group. The conglomerate’s Chief Financial Officer, Jugeshinder Singh, outlined plans to potentially revive a dollar bond issuance that was earlier scrapped due to legal … Read more
Reliance Industries Future Position Hit 18Yr High Amid Stock Weakness The futures contracts for Reliance Industries Limited (RIL) have reached their highest level in 18 years, reflecting increased bearish bets against the stock. Analysts suggest that the stock’s oversold condition, combined with a potential shift in sentiment, could result in sharp price movements in the … Read more
Life Insurance Corporation (LIC) of India has seen a remarkable upswing in LIC share price over the past week. Following a challenging period for insurance stocks, LIC shares have bucked the trend, gaining 11% over six successive sessions. Stock market experts attribute this surge to two primary catalysts: regulatory developments in the insurance sector and … Read more
Rakesh Jhunjhunwala Portfolio 2024; Top Stocks and Insights The Legacy of Rakesh Jhunjhunwala Rakesh Jhunjhunwala, often called the “Warren Buffett of India,” left behind a formidable legacy in the Indian stock market. Known for his sharp investment acumen, he built an empire from humble beginnings, turning a mere ₹5,000 into billions. Though he passed away … Read more
Rekha Jhunjhunwala Multibagger RPEL Stock Falls, Real Bonus Adjustment A Multibagger Stock ‘Fall’ Misunderstood Investors were taken aback today as Raghav Productivity Enhancers Ltd (RPEL), a stock from Rekha Jhunjhunwala’s multimillion-dollar portfolio, displayed a 50% drop on trading platforms. However, this decline is not a real loss but a reflection of the adjustment due to … Read more
Indian stock market rebound; Benchmark Indices Recover Ground Optimism The Indian stock market rebounded strongly on Friday after facing heavy selling pressure during Thursday’s trading session. The S&P BSE Sensex climbed 786.37 points, or 1%, to 79,830.11, while the NSE Nifty50 gained 232.25 points to reach 24,146.40 by 1:25 PM IST. Key sectors such as … Read more
FPI outflows; Domestic Stock Market Face Persistent Selloff Challenge The Indian stock market is grappling with unrelenting foreign portfolio investor (FPI) outflows, as Thursday’s trading session witnessed a massive selloff of Rs 11,756.25 crore. According to data from the National Securities Depository Limited (NSDL), net FPI flows for the calendar year 2024 have turned negative, … Read more
HDFC Bank Record High Stock Hits, Market Cap Exceeds ₹14 Lakh Crore HDFC Bank, one of India’s largest private-sector lenders, is on an extraordinary winning streak, achieving a record high for the fourth consecutive session. On Thursday, November 28, the banking heavyweight hit ₹1,836.10 per share, its highest-ever valuation, propelling its market capitalization beyond the … Read more