If you’ve been around the markets long enough, you’ve probably weathered five percent, ten percent, or even 40 percent corrections. But how often do you see the Nifty 50 open by nosediving one percent?According to a quick crunch by Samco Securities, it’s rare, only 107 instances of a gap-down opening exceeding one percent have been recorded since 2000. When you look at the pandemic era, sinc...

Shares of IT major Wipro gained as much as a percent to Rs 312, hovering close to its 52-week high on December 17 after the company announced a deal to buy 100 percent shareholding in Applied Value Technologies and its affiliates Applied Value Technologies Pte Ltd and Applied Value Technologies BV.This purchase is expected to bolster Wipro’s existing application services capabilities and create ...

Shares of Godawari Power and Ispat zoomed 7 percent in morning trade and scaled a record high of Rs 253.40 on December 12 after the company inked an agreement with GAIL to supply re-classified liquefied (RLNG) natural gas for 7 years.With the surge in today's session, the stock also managed to extend its winning streak to the ninth consecutive session, delivering gains of over 29 percent during th...

Solar Industries' share price rose 4 percent in the opening trade on December 3 after the company received export orders worth Rs 2,039 crore.The order included the supply of defense products over four years.At 09:41 am, Solar Industries India was quoting at Rs 10,982.05, up Rs 439.65, or 4.17 percent, on the BSE.Recently, the company has issued commercial paper aggregating to an amount of Rs 50 c...

Shares of Premier Energies saw a sharp uptick after rallying 7 percent to Rs 1,085 after it announced a significant step forward in its renewable energy efforts. The company’s subsidiary, Premier Energies International, has finalized a solar module supply agreement with BN Hybrid Power-1, a special-purpose vehicle under BrightNight India.As part of this agreement, Premier Energies will deliver 1...