Metal stocks witnessed sharp selling pressure on Thursday as shares of major companies such as Hindustan Zinc, Vedanta and National Aluminium Company (NALCO) declined by up to 7 percent in early trade. The sell-off dragged the Nifty Metal index down nearly 3 percent, snapping its three-session winning streak. The downturn…
Tag: #MarketNews
News
Post-Budget Shock: How Indian Markets May Open After 2% Crash
Indian equity markets are expected to open on a cautious to mildly negative note on Monday, February 2, as investors continue to digest the sharp sell-off triggered by key announcements in Union Budget 2026. The benchmark indices Sensex and Nifty 50 suffered a nearly 2% decline on Budget day, wiping…
News
Gold Falls Below ₹1.53 Lakh, Silver Gains on MCX
Gold prices witnessed a notable decline in both domestic and international markets on Thursday, while silver managed to trade higher on the Multi Commodity Exchange (MCX). The easing of geopolitical tensions linked to Greenland and a stronger US dollar reduced safe-haven demand, prompting investors to book profits after a recent…
News
Bharat Coking Coal IPO Allotment LIVE: Listing Likely Jan 19
Bharat Coking Coal Limited (BCCL), India’s largest coking coal producer, has seen overwhelming demand for its initial public offer (IPO). Originally scheduled for January 16, the IPO allotment and subsequent listing have now been shifted to January 19 due to market holidays linked to BMC elections. Investors eagerly tracking the…
News
Multibagger Stock: ₹1 Lakh Grows to ₹64 Lakh in 4 Years
In an extraordinary example of long-term wealth creation, shares of Network People Services Technologies (NPST) have transformed a modest investment of ₹1 lakh into approximately ₹64 lakh within just four years. The small-cap stock has emerged as one of the most remarkable multibaggers in India’s equity markets, rewarding patient investors…
News
Reliance Shares Slide 5% on US-Venezuela Tensions: Buy Now?
Reliance Industries Ltd (RIL) shares witnessed a sharp sell-off on Tuesday, January 6, sliding over 5% in intraday trade as global markets reacted nervously to escalating tensions between the United States and Venezuela. The decline marked the second consecutive day of losses for India’s most valuable listed company, sparking debate…
News
7 Stocks to Buy for Long Term: Brokers Back Lemon Tree, BHEL
Brokerage houses and market analysts have highlighted seven stocks they believe are suitable for long-term investors, spanning largecaps, midcaps and a smallcap pick. The list includes Lemon Tree Hotels, Fineotex Chemical, Tube Investments, ICICI Bank, Eternal, Bharat Heavy Electricals Ltd (BHEL) and Happy Forgings. What brokers recommend (quick summary) According…
News
Leaders Pay Tribute to Birsa Munda on Gaurav Diwas
India’s top constitutional leaders, including President Droupadi Murmu, Vice President C. P. Radhakrishnan, and Lok Sabha Speaker Om Birla, paid floral tributes to Bhagwan Birsa Munda on the occasion of Janjatiya Gaurav Diwas at the Parliament premises on Friday. The solemn ceremony, held at Prerna Sthal, marked the birth anniversary…