Shares of Angel One Ltd gained over 7 percent on April 18, a day after the company reported a 27.3 percent on-year (YoY) growth in net profit at Rs 340 crore for the quarter ended March 31. The company's revenue from operations soared 64.3 percent over last year to Rs 1,357.2 crore.Angel One is undertaking a change in its business model, which will incrementally drive the focus towards gaining mar...

Bharti Airtel's stock momentum continues to favor bulls, despite the overall market showing disconcerting global cues. The stock price closed higher on Monday, with an addition of 7 lakhs in Open Interest (OI), totaling over 3 crore.According to Avdhut Bagkar, Derivatives and Technical Analyst at StoxBox, "Higher OI was seen in both 1200 CE and PE, along with 1240 CE and 1250 CE exhibiting a long ...

Vedanta Ltd. has mandated JPMorgan Chase & Co. to help it raise 25 billion rupees ($300 million) via rupee-denominated bonds, according to people familiar with the matter.JPMorgan’s financing solutions department in India, headed by Nitin Rungta, is reaching out to potential investors on behalf of the metals and mining company, according to people who asked not to be identified as the informatio...

The Nifty remained mostly sideways on April 10 as investors chose to wait ahead of the US CPI inflation data, which could potentially impact rate cuts by the Fed. The resistance zone is placed at 22,700-22,750, while support is at 22,600.A decisive move above 22,750 might induce a rally towards 23,000 in the short term. Since the market appears to be rangebound, buying on dips and selling on ralli...

Around 3.02 crore shares of Axis Bank changed hands in a block deal on the exchanges on April 9. Shares of Axis Bank rose a little over 1 percent after the block deal and at 10.07 am, were trading at Rs 1,080.90 on the NSE.Even though the identify of the parties involved in the transaction couldn't be ascertained immediately, Moneycontrol wrote on April 8 that Bain Capital was looking to exit the ...