HDFC Bank Ltd (NSE: HDFCBANK): The market for stocks is experiencing an abrupt decline on Thursday. The news on the Adani Group has spoiled the market trend and Nifty has broken the level of 23500 with heavy volume. Now this level will prove to be a big resistance for Nifty. As soon as the market opened, the decline started with a large volume, and a panic sale scene was created in the market. It’s been happening for quite a while now that there is no support level for the Index. The market trend is now moving towards ‘strong sell’. In…
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careermotto
A self-motivated and hard-working individual, I am currently engaged in the field of digital marketing to pursue my passion of writing and strategising. I have been awarded an MSc in Marketing and Strategy with Distinction by the University of Warwick with a special focus in Mobile Marketing. On the other hand, I have earned my undergraduate degrees in Liberal Education and Business Administration from FLAME University with a specialisation in Marketing and Psychology.
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Navratna PSU company NMDC Limited (NSE: NMDC) is going to give 2 bonus shares to investors on the existing 1 share. This is the company’s first bonus share in 16 years. NMDC’s outlook remained strong in the second half of FY 2025. A renowned brokerage has suggested buying at a target price of Rs 294. The shares of the company are currently trading at Rs 221. What Is The Detail During the trading on November 19, NMDC’s stock closed at Rs 221.15, down 0.72% on the BSE. Its market cap stood at Rs 64,831 crore. The 52-week highs and lows…
Marico Ltd (NSE: MARICO): After the correction in the stock market, numerous investors are planning to invest in stocks with affordable prices. Investors are watching the price of shares in Marico Ltd, a midcap company in the FMCG sector. On Tuesday, the share price was at the level of the price of Rs 590.70. The market capitalization for this company is Rs 76.40 thousand crores. The stock has fallen 10 percent in the last month. The brokerage firm Geojit has suggested an accumulation rating for the midcap company as well as the Nifty Midcap 50 component of the index Marico…
Another company is preparing to enter the initial public offering (IPO) market. The name of this company is Gaza Capital. If the IPO of this company gets approval from SEBI, then this will be the first time when domestic private equity will enter the stock market. Let us tell you that it was the first private equity investor in RBL Bank. In a report, the source said that Gaza Capital has appointed IIFL Capital to advise on a potential IPO. The source says that the company is working on a plan to file a draft red herring prospectus in early…
Veedol Corporation Ltd (NSE: VEEDOL): Lubricant firm Veedol Corporation is going to distribute dividends to its shareholders. The company has announced the first dividend in the interim form of 20 rupees for each share of the fiscal year 2024-25. The record date is coming up. The share price of the company saw an increase of 0.19 percent on Friday last week and it was trading at Rs 1754.65 at BSE. The market capitalization of the business has grown to Rs 3057.30 crore. The 52-week peak of the stock is at Rs 2800 while the 52-week lowest is Rs 1242.60. When…