Experts Financial News

Stock market today: Amid the bull trend in the Indian stock market, SpiceJet shares witnessed strong buying interest during Friday deals. SpiceJet share price today opened upside and went on to touch an intraday high of ₹71.90 apiece, logging around 13 percent intraday rise against its Thursday close of ₹63.63 apiece on NSE.

Borosil Renewables, a solar glass manufacturer and a subsidiary of the Borosil group, witnessed a significant surge in its stock price during today's intraday trade, climbing 11% to ₹598.65 per share. This rise came after India initiated an anti-dumping investigation into specific solar glass imports from China and Vietnam, prompted by complaints from domestic industry players.

Also Read: Vibhor Steel Tubes IPO allotment to be out soon; GMP rises, steps to check Vibhor Steel IPO allotment status Vibhor Steel Tubes IPO subscription begun on Tuesday, February 13, and ended on Thursday, February 15. On the third day, Vibhor Steel Tubes IPO subscription status was 298.86 times, as per BSE data.

MintGenie, Himanshu Kohli, Co-Founder of Client Associates, talks about global citizenship, private equity and debt, among others. Click here to read the first part. Many families in India are also thinking about having a plan B, which means if tomorrow something goes wrong in India, they have a backup outside India, which is where their plan B comes into the picture.

₹1,228.70 per share, 2.33% lower than the issue price of ₹1,258. On BSE, Entero Healthcare Solutions share price today was listed at ₹1,245 apiece, down 1.03% than the issue price.

BSE. Gujarat Gas share price opened at ₹570.70 against the previous close of ₹580.85 and soon declined 6 per cent to hit the level of ₹546. Around 9:30 am the stock traded 4.27 per cent lower at ₹556.05 on the BSE.

Sovereign Gold Bond Scheme 2023-24: The new scheme of the Sovereign Gold Bond (SGB) 2023-24 which is popularly known as Sovereign Gold Bond 2024 opened on 12th February 2024. The new series of the SGB will remain open till 16th February 2024. This means investors have just one day in hand to apply for the Series IV of SGB. As per the Reserve Bank of India (RBI), the Sovereign Gold Bond Series IV price has been fixed at ₹6,263 per gram. However, an online applicant can save ₹50 per gram as the RBI has announced a ₹50 per gm discount for an online applicant.

Buy or sell stocks for today: On account of strong global market sentiments, the Indian stock market ended higher for a third straight session on Thursday. The Nifty 50 index finished 70 points higher at the 21,910 level, the BSE Sensex surged 227 points and closed at the 72,050 mark while the Bank Nifty index shot up 310 points and ended at the 46,218 level.

Stock Market News: The domestic benchmark equity indices, the Nifty 50 and the Sensex, on Thursday's trading session inched higher, reflecting the upbeat mood that pervaded the global market. Nifty 50 concluded with bulls in complete control and a comfortable gain. Again, Nifty PSU Bank and Nifty PSE indexes were the top performers, rising 3% apiece.

companies have announced bonus share offers within a mere six-week span, bringing the total number of bonus issues for 2024 to 35 thus far. That compares with 90 companies that issued bonus shares in the last calendar year. Experts attribute the surge to burgeoning earnings and a brighter business outlook, while cautioning that, in some instances, this may be driven by attempts to artificially inflate stock prices amid a bull market overreaction. They advise a cautious approach in such circumstances. Bonus shares refer to additional shares that a company distributes to its existing shareholders at no extra cost. These bonus shares enhance liquidity, reduce the per-share value of a stock, and foster greater participation from retail investors, according to market participants.

Consumers lost a record $10 billion to fraud in 2023, and imposter scams were the most prevalent swindle, according to the Federal Trade Commission.

MUMBAI : Senior BJP leader Subramanian Swamy on Thursday moved the Delhi High Court alleging a scam of nearly ₹5,100 crore in the way Axis Bank sold and purchased shares of insurer Max Life Insurance Company. Max Life is a joint venture between Max Financial Services and private lender Axis Bank. On 6 February, the Insurance Regulatory and Development Authority of India (Irdai) approved Axis Bank’s proposal to purchase another 7% in Max Life for ₹1,612 crore.

he Polygon (MATIC) Network is buzzing with solid buying signals, attracting investors scouring the market for the best crypto to buy for high gain.

Sensex is trading at around 5 percent valuation premium based on intrinsic value. However, mid-cap stocks are commanding a reasonable valuation premium over their historical averages while there is a froth in the small and micro-cap segment, reports Client Associates (CA) Annual Equity Assessment 2024. While large-cap private banks, NBFCs, and IT are looking relatively attractive in terms of valuations, Industrial, PSUs, consumer, and capital goods are expensive as compared to their medium-term averages, the report further adds.

Cybersecurity experts are warning that hospitals around the United States are at risk for attacks such as the one that's crippling operations at a premier Midwestern children’s hospital

UCO Bank lead the pack, with returns of 4.8% and 4.3%, respectively, as of 2:30 p.m. Canara Bank shares surged to a new record high of ₹594.7 each, marking a nearly 5% gain. The stock has been on a strong upward trend since the bank's Q3 result announcement on January 24.

Stock market today: Balaji Telefilms shares are one of the multibagger stocks that the Indian stock market has delivered in recent few years. In the last one year, this entertainment stock backed by Ekta Kapoor has delivered over 150 percent return to its shareholders. However, the entertainment company is news these days for its upcoming flick Love, Sex aur Dhokha 2.

Fighter, Hanu-Man and Malaikottai Vaaliban are doing far better than expected in international markets despite focused release only in countries with sizeable Indian diaspora. Trade experts say films featuring mainstream stars and the song-and-dance trope are lapped by overseas audiences in territories such as the US, UK, Australia and New Zealand who aren’t as discerning as those within the country. Higher ticket prices overseas further boost earnings.

Stock market today: Shares of Mufin Green Finance Ltd are one of the multibagger stocks that the Indian stock market has delivered in the last one year. The muiltibagger stock has delivered more than 450 percent returns to its positional investors in the last one year. However, it seems that the NBFC stock still possesses some upside potential.

BSE on Thursday, February 15, a day after declaring its December quarter results. Mahindra and Mahindra share price opened at ₹1,683.10 against the previous close of ₹1,657.60 and jumped 4.7 per cent to the level of 1,734.70. Around 10:55 am, the stock traded 3.78 per cent higher at ₹1,720.30 on the BSE.

BSE on Thursday, February 15, to hit its fresh 52-week low and was on course to extend the losses into the third consecutive session, after the company confirmed receiving notices from the Enforcement Directorate (ED). Paytm share price opened at ₹325.30 against the previous close of ₹342.35 and soon fell 5 per cent to the 52-week low level of ₹325.30.