This Ashish Dhawan-owned RP-Sanjiv Goenka Group inventory zoomed 20% at the moment
Shares of RPSG Ventures (RVL) have been locked in higher circuit of 20 per cent at Rs 1,242.40 on the BSE in Monday’s intra-day commerce amid heavy volumes. That is additionally the inventory’s new all-time excessive.
Prior to now seven buying and selling classes, the inventory of the RP Sanjiv Goenka Group has zoomed 66 per cent from Rs 748.30, it was on, on August 14, 2024.
Inventory Market LIVE Updates: Market verify; Nifty trades above 25,000 mark
The benchmark NSE Nifty50 was buying and selling 0.83 per cent or 206 factors larger at 25,030 ranges, whereas the BSE Sensex was buying and selling 0.84 per cent larger at 81,761 ranges.
Inventory Market LIVE Updates: JM Monetary initiates protection on actual property; bets on THESE 5 shares
The true property sector, JM Monetary stated, reached its highest-ever absorption charge within the earlier monetary 12 months. Pan-India absorption rose by roughly 20.1 per cent year-on- 12 months (Y-o-Y) (foundation space absorbed), whereas provide elevated by about 11.5 per cent Y-o-Y. Thus, the brokerage believes, the actual property sector is heading into a robust 12 months forward.
“With traditionally low stock ranges, rising disposable earnings, and restricted provide enlargement, the residential actual property sector is ready to proceed its upward trajectory,” JM Monetary stated in a report. Learn extra
Inventory Market LIVE Updates: Shilpa Medicare hits recent excessive on profitable trial of liver fibrosis drug
That is why Sensex scaled over 700 pts, SmallCap index hit recent excessive at the moment
The benchmark indices, Sensex and Nifty began the week with optimism, driving excessive on the bulls on Monday. The BSE Sensex soared 734 factors to 81,820 ranges, whereas NSE’s Nifty50 reclaimed 25,000 mark, surging 0.88 per cent or 220 factors to 25,053 at an intraday stage.
The broader markets additionally confirmed energy with the BSE MidCap index rising 0.66 per cent at 48,627 ranges, whereas the BSE SmallCap index scaled a brand new report excessive at 56,066, leaping 385 factors or 0.69 per cent in intraday commerce. Learn extra
Inventory Market LIVE Updates: BHEL baggage massive order price Rs 11,000 cr
“Bharat Heavy Electricals Restricted (BHEL) has signed contract settlement with Adani Energy Ltd. and its subsidiary (Mahan Energen Ltd.) for establishing 3 nos. Supercritical Thermal Energy initiatives (every of 2×800 MW score) in Kawai, Rajasthan & Mahan, Madhya Pradesh,” the corporate stated in an change submitting.
Inventory Market LIVE Updates: Market verify; Sensex trades almost 600 pts larger
The benchmark BSE Sensex was buying and selling 594 factors 0.73 per cent larger at 81,680 ranges. Whereas the NSE’s Nifty50 was buying and selling 0.75 per cent or 185 factors larger at 25,009 ranges.
Inventory Market LIVE Updates: Ramkrishna Forgings, Balkrishna Ind: Inventory methods for Janmashtami 2024
Inventory Market LIVE Updates: This defence inventory has zoomed 110% from June low; raised Rs 1000 cr by way of QIP
Inventory Market LIVE Updates: Hinduja International up 4% as Singapore-based Legends International buys 1.5% stake