Block deals worth over Rs 40,543 crore this week. Indus Towers, HAL, Suzlon Energy among stocks with major action
Despite the Nifty index closing the shortened trading week with a slight increase of 0.4%, significant activity was observed in block deals. Over three dozen companies across various market caps saw block deals worth a total of ₹40,543 crore, involving both buying and selling.
Dalal Street Week Ahead: Guard profits at higher levels, rotate investments in fatigued market
D-Street showed marginal gains in a shortened trading week. However, signs of fatigue and potential correction are emerging. Key resistance levels are identified, and experts recommend caution and profit booking at higher levels.
Can private bank stocks lead from the front now?
Bank Nifty reached a new high of 51,957 due to improved operational efficiencies, implementation of the Insolvency and Bankruptcy Code, and cautious lending practices by PSU banks. This sparked a rally in share prices, shifting the spotlight from private banks.
This ADIA-backed multibagger stock turned Rs 10,000 to Rs 5 lakh in 10 years
The stock has failed to live up to its previous glory of jaw-dropping returns in the recent past. In the last six months, the shares rose 56% and are up about 42% in the last one-year period.
Nvidia sheds $220 billion after short run as top stock
It was a swift reversal from earlier in the week, when Nvidia rallied to overtake its megacap peers and claim the pole position. Traders said there weren’t any fundamental reasons behind the two-day selloff at the end of the week, but it does underscore the breakneck pace at which the stock had climbed — almost […]
These 8 smallcap stocks with low PE ratios can rally up to 25%
Low PE stocks, often regarded as value stocks, are typically favoured for long-term investments. According to Trendlyne data, Narayana Hrudayalaya, CreditAccess Grameen, and PNB Housing Finance are currently trading at lower PE ratios compared to their respective industry averages. Despite belonging to different sectors, these stocks have the potential to rally by up to 25%, […]
Bulk deal vs block deal: Check differences, execution details, timings and more
Block and bulk deals are large transactions that are executed on stock exchanges. While block deals happen through a special trading window on the exchange that is not visible to all, bulk deals are done as part of the normal trading and can be seen by everyone.
Oyo to use fresh funds for ‘enhanced business plan’ and global push
Oyo’s shareholder approval includes issuing Series G CCCPS shares, as per the scrutiniser’s report, to raise funds and increase authorized share capital.