National News

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

Bitcoin Crosses $95K as Crypto Market Sentiment Hits ‘Extreme Greed’ The cryptocurrency market witnessed a robust recovery on Thursday, with Bitcoin (BTC) surpassing the $95,000 mark, reflecting a 24-hour gain of 2.95%. Altcoins, including Ethereum (ETH), Solana (SOL), and Ripple (XRP), followed suit, landing mostly in the green. The overall market sentiment, measured by the … Read more

Paytm Stock Hits 52-Week High as UBS Revises Target Price to ₹1,000 Shares of One97 Communications, the parent company of digital payments giant Paytm, soared to a 52-week high on November 28, driven by renewed investor confidence and a significant target price revision by global brokerage firm UBS. The fintech stock climbed to an intraday … Read more

LIC Clarifies on Reports of Acquiring 50% Stake in ManipalCigna Public sector insurance giant Life Insurance Corporation of India (LIC) has issued a clarification regarding a recent media report suggesting its interest in acquiring a significant stake in ManipalCigna Health Insurance. The Economic Times had earlier reported that LIC was engaged in discussions to acquire … Read more

Sensex Crashes Nifty Below as Markets Slide Amid Geopolitical Tensions Mumbai, November 28, 2024 – Indian stock markets experienced a sharp decline on Thursday, with benchmark indices plunging significantly due to escalating geopolitical tensions and heavy profit booking. The 30-share BSE Sensex fell over 1,300 points, closing at 79,073.69, while the broader NSE Nifty slipped … Read more