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Showing posts from June, 2024

what are the various reasons for stock market to fluctuate? (Part 2)

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 Hi have provided Part 1 reasons for stock market to fluctuate, Now we can discuss the part to reasons for stock market to fluctuate: 1.Global events: 1. G20 Summit: The annual meeting of the world's 20 largest economies, focusing on global economic issues, climate change, and geopolitical cooperation. 2. COP28 Climate Change Conference: The United Nations' climate change conference, where world leaders discuss and address global warming and sustainability. 3. World Economic Forum (WEF): An annual gathering of global leaders in Davos, Switzerland, to discuss economic, social, and environmental issues. 4. United Nations General Assembly (UNGA): A meeting of the UN's member states to address global challenges, promote peace, and foster international cooperation. 5. NATO Summit: A meeting of the North Atlantic Treaty Organization's member countries to discuss defense and security issues. 6. G7 Summit: A meeting of the world's seven largest economies to address global e...

What are various reason for stock market fluctuations?

here I'm providing various reason for stock market fluctuations: 1.Economic Indicators: . GDP Growth Rate: A country's Gross Domestic Product (GDP) growth rate indicates its economic expansion. A high growth rate can boost the stock market. 2. Inflation Rate: The inflation rate measures the increase in prices of goods and services. High inflation can lead to higher interest rates, affecting the stock market. 3. Interest Rates: Central banks set interest rates to control inflation and economic growth. Changes in interest rates can impact borrowing costs, consumption, and investment. 4. Unemployment Rates: Low unemployment rates indicate a strong economy, while high rates can lead to decreased consumer spending and investment. 5. Consumer Spending: Consumer spending accounts for a significant portion of economic activity. Increased spending can boost the stock market. 6. Producer Price Index (PPI): PPI measures the prices of goods and services at the production level. Increases i...

How does Indian stock market performed today 29-06-2024

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  The stock market performance today can be summarized as follows ¹: 1. Sensex closed at 79,243.18: This is a 0.72% increase from the previous day. - New closing peak: This figure represents a 0.72% increase from the previous day, setting a new closing peak ¹. -Benchmark index: The Sensex is India's benchmark stock index, which tracks 30 leading companies listed on the Bombay Stock Exchange (BSE), reflecting overall market sentiment and economic health ². - Market trends: The Sensex's performance is closely watched by investors and analysts, as it provides insights into the overall market trends and sentiment ³. 2.Nifty 50 is up 10% in the first half of the year: Nifty's surge from 23,000 to 24,000 was achieved in a record 17 sessions. - Record highs: The Nifty 50 rose 10.5% in the first half of 2024, hitting a record high of 24,174 points ¹. - Sensex gain: The Sensex clocked a 9.4% gain in the same period, reaching a record high of 79,671.58 ¹. - Mid and small-cap outperfo...

Top trending finance news in India that should be aware !

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  - Fiscal Deficit:  India's fiscal deficit for April-May stood at 3% of the annual target, indicating a significant improvement in the country's financial situation. - GST Council Decisions :  The GST Council has announced several measures to ease tax compliance, including a reduction in GST on carton boxes from 18% to 12% and a decrease in the maximum amount for pre-deposit for filing appeal before the appellate authority. - External Debt:  India's external debt rose 6% to $663 billion as of March 2024, with a $39.7 billion increase from the previous year. - RBI's Financial Stability Report:  The Reserve Bank of India's financial stability report highlights the importance of governance, Basel III norms compliance, and maintaining high CET1 ratios for banks. - Monetization of Assets:  The government has monetized Rs 3.85 lakh crore through core assets of various ministries and Public Sector Enterprises since FY22 under the National Monetisation Pipeline....

Here are some of the top 5 gainers in today's(29-06-2024) stock market ¹:

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 - Victoria Mills: 5098.80, +20.00% - Polson: 15603.90, +20.00% - Lakshmi Mills Co: 5891.55, +20.00% - Lakshmi Auto Loom: 2534.55, +20.00% - Source Natural Foods: 167.05, +20.00% 1.Overview Victoria Mills: - History: The Victoria Mills Ltd. was established in 1913 ¹. - Initial Capital: The company started with a small capital of Rs.4,00,000/- ¹. - Growth: The company issued bonus shares from time to time and the present paid-up capital is Rs.98,56,000/- and Reserves Rs.43,18,19,559/- ¹. - Production: The company was a composite textile mill producing fabrics for local as well as the international market ¹. - Location: The original mill was situated at Gamdevi, Mumbai, and later shifted to Pandurang Budhkar Marg, Lower Parel, Mumbai ¹. - Business Shift: The company sold its textile mill in 1997 and started trading in textile and exporting value-added products ². Current Status: - Share Price: The current share price of Victoria Mills Ltd. is 5098.80 ³. - 52-Week Range: The 52-week r...

Top Performing Indian Stocks

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  Certainly! Let’s take a look at some of the best-performing Indian stocks based on their yearly performance: Dolphin Offshore Enterprises (IND)  (Symbol: DOLPHIN) Performance : +6519.72% over the past year Current Price : ₹721.55 Sector : Industrial Services Here are some key financial metrics for Dolphin Offshore Enterprises (India) Ltd: Revenue (Mar 2024) : ₹29.00 million Net Income (Mar 2024) : ₹14.62 million Net Profit Margin : 50.39% Earnings per Share : Not available EBITDA (Mar 2024) : ₹-39.16 million Effective Tax Rate : 137.99% Diamond Power Infra Ltd  (Symbol: DIACABS) Performance : +5287.84% over the past year Current Price : ₹1196.10 Sector : Producer Manufacturing Certainly! Let’s delve into the performance of  Diamond Power Infrastructure Ltd  (NSE: DIACABS): Stock Symbol : DIACABS Current Price : ₹1,127.20 Yearly Performance : +42.73% over the past month 3-Month Performance : +208.19% PE Ratio : 378.24 EPS (Trailing 12 Months) : ₹3.29 TCC Concep...

Ixigo IPO opens today Should you subscribe or not?

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  xigo IPO price band has been set at ₹88 to ₹93 per share. The IPO lot size is 161 shares and the minimum investment amount required by retail investors is ₹14,973,  Ixigo IPO opens on June 10 and closes on June 12. Ixigo IPO allotment is expected to be finalised on June 13 and the IPO listing date is June 18. Ixigo IPO: The initial public offering (IPO) of online travel booking company Le Travenues Technology Ltd , popularly known by its brand name ixigo, opens for subscription today, June 10. Ixigo is a technology company focused on allowing Indian travellers to plan, book and manage their trips across rail, air, buses and hotels. Ixigo is the largest Indian train ticket distributor in the Online Travel Agency (OTA) rail market and they had the largest market share of around 51%, in terms of rail bookings, among Other Travel Agencies, as of March 31, 2023. Ixigo IPO Details: The bidding for Ixigo IPO opens on June 10 and closes on June 12. Ixigo IPO allotment is expected t...