SURGE

Record sales in Delhi and Mumbai cut inventory, raising prices 49% from H1 2019 to H1 2024. NCR, MMR saw price hikes per sq. ft. Anuj Puri noted a 52% stock drop in NCR, with pandemic-driven demand, rising costs, and luxury housing spurring growth. ...

The US services sector faced an unexpected contraction in the last quarter, with the ISM services gauge dropping to 48.80, marking the fastest pace of decline in four years. This contrasts with the S&P Global US Services Index, which reached its hig...

Railway stocks surged as Minister Ashwini Vaishnaw announced 12,500 new coaches, and RVNL partnered with Delhi Metro Rail. IRCON, BEML, Railtel, Texmaco Rail Engineering, and IRFC saw gains.

According to the findings, there are about 120 top GCCs in India with some 21,000 senior executive roles, including those of vice-president, assistant vice-president, senior vice-president and director. These senior executives have a minimum experie...

The private lender announced a 15% increase in loans and advances for the first quarter of the 2024 fiscal year, ending in June. The company's loan portfolio reached Rs 2.29 lakh crore during this period, a significant rise from Rs 2 lakh crore in t...

The AI revolution is upon us with companies around the world looking to jump headfirst into the technology made famous by ChatGPT. To satisfy their generative AI urge, firms need to secure state-of-the-art software and ramp up computing power, which...

Mazagon Dock Shipbuilders' market cap crosses ₹1 lakh crore as stock hits record high. Defence sector stocks rally on inflows from new funds and budget expectations. Analysts recommend holding investments at current valuations.

Shares of Kaya rose 10% to Rs 501.45 on BSE after announcing a collaboration with Marico, whose shares traded flat at Rs 608.15. The collaboration aims to market 75+ science-based personal care products, leveraging channels for wider reach. CEOs Raj...

Federal Bank's stock skyrockets to an all-time high of Rs 183.25 in June 2024, driven by impressive growth in customer deposits, credit books, and CASA numbers. The bank's stock performance continues to soar, surpassing exponential moving averages, ...

HDFC Bank shares surged 3% to a fresh high on an MSCI boost, targeting Rs 1,900. PFC and REC sustain above significant exponential moving averages on charts.

Solar Industries stock skyrockets to a new high, surpassing 1 lakh crore market cap. Strong performance, explosive innovations, and market resilience drive the surge despite external market challenges.

CDSL Share Price: The record date for CDSL's bonus is yet to be determined. Based on the available information, this will mark the first instance of the company issuing bonus shares to its shareholders.

If the deal goes through, it will be among the largest buyouts for Zomato after it acquired Uber Eats in 2020 and took over quick commerce platform Blinkit in 2021 in an all-stock deal valued at Rs 4,447 crore.

Sobha's shares surged 7% to Rs 2,219 on BSE after announcing a Rs 2,000 crore rights issue at Rs 1,651/share (20% discount). Issue opens June 28, closes July 4.

EIH Associated Hotels surged 17% to Rs 845 on BSE as it plans to issue bonus shares. The company's strong performance is evident from Trendlyne data. It is part of The Oberoi Group, known for luxury hotels and various services.

KEC International's share price rose by 8% to Rs 829 after securing new orders worth Rs 1,061 crore. The company's YTD order intake is over Rs 3,000 crores, with a growth of 30% compared to last year.

Chandrababu Naidu's family's wealth surges with Heritage Foods shares rising over 105%. Naidu's party, Telugu Desam Party, wins big in Andhra Pradesh elections.

ECB raises inflation forecast for 2024, 2025. Analysts say the quarter-point cut on Thursday would likely not usher in a swift series of further cuts as the bank waits to make sure inflation is under control while easing credit to help the economy. ...

Adani Group stocks surged up to 9% after brokerage Jefferies recommended buying shares of four companies within the conglomerate in Mumbai.