Buy or sell: Vaishali Parekh recommends three stocks to buy today 26th June
Buy or sell stocks: Vaishali Parekh has recommended three stocks to buy today BSE, Railtel and Shanti Gears26-06-2023
26-06-2023
IKIO extends rally post strong listing; zooms 67% over issue price
The stock hit a new high of Rs 477.15, surging 7% on the BSE in Friday's intra-day trade23-06-2023
Sebi slaps Rs 20 lakh penalty on 4 entities for non-genuine trades on BSE
Capital markets regulator Sebi on Thursday slapped penalties totalling Rs 20 lakh on four entities for indulging in non-genuine trades in the illiquid stock options segment on BSE. The regulator imposed a fine of Rs 5 lakh each on Niruben Manojbhai Chudasama, Raj Kumar Lohiya, Nufact Merchandise Pvt Ltd and Nitu Agarwal. Sebi had observed large-scale reversal trades in the illiquid stock options segment on BSE, leading to artificial volumes on the exchange. The regulator conducted an investigation into the trading activities of certain entities engaged in the segment from April 2014 to September 2015. The four entities that have been fined on Thursday were among those who indulged in the execution of reversal trades. Reversal trades are alleged to be non-genuine in nature as they are executed in the normal course of trading, which leads to a false or misleading appearance of trading in terms of generating artificial volumes, the regulator said. By indulging in these acts, the enti22-06-2023
Shriram Finance stock halted 3-day winning streak after huge block deals; is there buying opportunity?
Shriram Finance's three-day winning streak came to a halt as the stock dipped by nearly 1% on BSE. The selling comes after brokerage Kotak Institutional Equities expects Shriram to perform lower compared to its peers.22-06-2023
EFC (I) to expand office space capacity 2.5 times to 60,000 desks in FY24
Co-working operator EFC (I) Ltd plans to expand its capacity by more than 2.5 times to 60,000 desks as it seeks to encash rising demand for flexible workspace from corporates. Pune-based EFC (I) Ltd, which is a serviced office/co-working space operator, is listed on BSE. It has a presence in seven states spanning over 35 co-working centres totalling 1.5 million square feet area. In a statement, the company said that it plans to "triple its capacity -- from 23,000 to 60,000 seats by March 2024." EFC (I) will add 10,000 seats during the first quarter of this fiscal year. It mentioned that 65 per cent of the company's business comes from institutional clients, while the remaining 35 per cent comprises the retail part. Umesh Sahay, Founder & CEO of EFC (I) Ltd, said, "We have built an ecosystem comprising efficient, safe, well-designed and ergonomics-friendly workspaces - ranging from made-to-order offices to co-working solutions." "In the past six years, we achieved a scale of 23,0022-06-2023
Mcap of BSE-listed firms reach fresh record high of Rs 294.49 lakh crore
The market capitalisation of BSE-listed companies reached an all-time high of INR 294.49 lakh crore as the Sensex benchmark hit a record high of 63,588.31. The optimistic trend in equities allowed the market capitalisation of all firms listed on BSE to reach a peak, thanks to buying by index majors, HDFC twins and Reliance Industries. The Indian stock market has seen a solid rally in the last few months, especially within the mid- and small-cap ranges. Furthermore, positive foreign institutional investor flows, robust economic growth, strong earnings outlook, and robust demand from investors are driving investor confidence.21-06-2023
NSE's power move puts BSE on alert
BSE seeks market feedback on strategies to maintain success in attracting trading volumes to derivatives segment21-06-2023
Smallcap financial service company lists on NSE, stock up 6% on debut
TruCap Finance lists equity shares on NSE, sees 6% gain in opening trade. The stock was already listed on BSE earlier. The company's revenue jumps by 52.93%, net income up 362.31% on YoY basis. AUM stands at Rs. 454.9 crores.20-06-2023
Shriram Finance jumps 7%, nears 52-week high on heavy volumes
Till 09:48 am; around 9.98 million shares, which represented 2.66 per cent of total equity of Shriram Finance have changed hands on the BSE, data shows19-06-2023
Three stocks that outperformed in the week ending June 16
All the sectoral indices ended in green for the week gone by except for BSE Bankex which declined 0.4%19-06-2023