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7th Sep 2021
Kolkata based UCO Bank has partnered with Fisdom, the wealth start-up operated by Finwizard Technology, for offering wealth management products to its clients. UCO Bank is one of the few surviving PSU banks after the spate of mergers that the governm
Penny Stocks are stocks that trade at a low price and have a low market capitalisation. Penny stocks are also popularly known as nano-cap stocks, micro-cap stocks, and small-cap stocks, depending on the company’s market capitalisation. Market capit
Every morning our analysts scan through the markets universe and chose the best momentum stocks to buy today. The stocks are recommended from a wider list of momentum stocks and only the best ones make it to the top 5 list. We also update on the
6th Sep 2021
One narrative you heard in the last few days is that defensive stocks have done very well. What exactly are defensive stocks? There are no hard and fast classification, but defensive stock have 3 characteristics. Firstly, demand for their products is
On 03-Sep, shareholders of Jindal Steel & Power (JSPL), approved the proposal to sell 96.42% stake in Jindal Power Limited to Worldone. It must be noted that Worldone is a promoter group company of the Jindal family. The special resolution was pa
On Friday, 03 September Reliance rallied 4.12% and achieved one more milestone. It became the first Indian company to cross Rs.15,00,000 crore market capitalization. At the current exchange rate, that translates into $205 billion. The Reliance stock
3rd Sep 2021
The share price of Reliance Industries (RIL) touched a new 52 week high of ₹2,394.30 today. With today's rise in Reliance share price, the market capitalisation of the country's most cherished company rose above ₹15 lakh crore. It is the top most
Institutional investors and large brokerage firms mostly utilize algorithmic trading to reduce trading expenses. Algorithmic trading is especially helpful for high order sizes, accounting for up to 10% of global trading activity. Algorithmic trading
HDFC Life Insurance announced the purchase of the life insurance unit of Exide Industries for a consideration of Rs.6,687 crore or nearly $916 million. The consolidation in the life insurance sector has just started picking up as the large private pl
Chemplast Sanmar IPO, part of the Sanmar group of Tamil Nadu, had recently closed its mega Rs.3,850 crore IPO in the month of August. The response had been tepid at just about 2.17 times subscription and the stock had dipped to a discount to the issu
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