[ad_1] A sharp fall in crude oil prices, a strong June-quarter business update and net buying by foreign funds after a long period pushed up Sensex and… nifty Weak Asian markets gained over one per cent each amid rising global concerns of an impending US slowdown. The Sensex closed 1.16% higher at 53,750.97, its best closing in two weeks. Nifty 50 index rose 1.13%. Nifty Midcap The index rose 1.9%, while Nifty Smallcap 0.5% rose. Nifty FMCG gained the most by 2.64%, followed by Nifty Auto and Nifty Consumer Durables,…
Tag: buyers
Sterling Tools Share Price: Chart Check: After nearly doubling in 3 months, this smallcap stock is on buyers’ radar
[ad_1] Sterling Tools, part of the S&P BSE Small-Cap Index, rose over 95 per cent in the last three months and technical indicators point to further upside in the next 6 months. The stock with a market capitalization of around Rs 1,000 crore has seen strong price action on a last week as well as a month basis. It managed to cross the crucial resistance level of around Rs 250 in June 2022 and hit a new 52-week high of Rs 297 on June 28, 2022. Though Sterling Tools shares…
ITC Share Price: Check Chart: 25% Return in 6 Months! This FMCG stock is on buyers’ radar
[ad_1] Experts suggest that the share of the diversified FMCG space has risen by 25 per cent in almost 6 months as compared to a fall of over 9 per cent in ITC Nifty 50, and this momentum is likely to continue in the near term. Shares of S&P BSE Sensex hit 52-week high of Rs 282 on 20 May 2022 but failed to sustain momentum amid muted global cues. It bounced back after hitting a low of Rs 258 last week. The stock with a market capitalization of over…
LIC news: LIC seeks buyers for Rs 3,400 crore RCAP bonds
[ad_1] Mumbai: (LIC) is looking for buyers for safe bond Valued at ₹3,400 crore issued by Reliance Capitalcurrently running bankruptcy Proceedings, in an attempt to present someone a clean book investor base that has widened in recent times IPOTwo people said to be aware of the development. IDBI Capital Markets (IDBI Caps), the process advisor to the insurance company for the sale of bonds, has invited Expression of Interest (EoI) from Asset Reconstruction Companies (ARCs) by the evening of July 11. The auction will take place after the EOI, though…