Shares of Computer Age Management Systems (CAMS) and Paytm parent One97 Communications saw strong buying action which lifted the two to their 52-week highs on November 29. The surge in these stocks was triggered by their inclusion in the National Stock Exchange’s futures and options (F&O) segment, starting today.Shares of Paytm and CAMS rose 3 percent each and hit 52-week highs of Rs 952 and Rs ...

Castrol shares are slowly recovering after last Tuesday’s drubbing. The stock is seeing interest from some HNIs and PMS funds. Their bullishness stems not so much from a positive outlook on the auto sector, as much as on growing demand for data centers in the country. Data centers are energy guzzlers and need coolants, which are right up Castrol’s alley. The stock swiftly rallied from around R...

Shares of Bharat Electronics have staged a sharp rebound from the day's low after the company told investors that it is looking at an export turnover target of nearly $110 million. The outlook and commentary have sent the shares nearly seven percent higher from the day's low.BEL said it is targeting double-digit revenue growth of 15% in FY25 and an EBITDA margin of 23-25%.In a call on May 22, the ...

BSE Sensex and NSE Nifty 50 extended the previous session's gains with automobile and energy stocks leading the gains. However, concerns about the results of the ongoing general elections persist.The broader market outperformed the benchmarks with BSE Midcap rising 0.7 percent and BSE Smallcap gaining 1.4 percent.At 11:42 am, the Sensex was up 221 points or 0.3 percent at 72,998 and the Nifty 50 w...

Gold rush no moreManappuram's shares were among the big losers on Thursday, tumbling over 8 percent. Rising gold prices were supposed to have been positive for this NBFC, considering that it allows people to borrow more for the same amount of gold. But the RBI’s directive to NBFCs to stick to a cap of Rs 20,000 while disbursing cash loans has come as a dampener. The  Honey-tongued former fund m...