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Today highlight market

  Sensex  41,340.16  ▲ 1.78% Nifty  12,120.30  ▲ 1.78% The markets ended up by nearly 2% today. It seems that the news of US presidential candidate Joe Biden’s high chances of victory is making investors optimistic. In fact, today, only 2 companies in Nifty ended in the red. And in Sensex, all companies were in the green.  The Sensex and Nifty have already reached levels similar to pre-lockdown levels. Top Gainers (Nifty) Hindalco Ind. Rs 187.35  ▲ 6.15% SBI Rs 218.65  ▲ 5.63% IndusInd Bank Rs 714.40  ▲ 5.36% Tata Steel Rs 425.50  ▲ 5.35% BPCL Rs 366.30  ▲ 5.00% Top Losers (Nifty) Hero MotoCorp Rs 2944.35  ▼ 0.80% HDFC Life Rs 592.05  ▼ 0.37% Saudi Fund Invests in Reliance Retail The Public Investment Fund will invest Rs 9,555 crores in Reliance Retail Ventures Ltd. (RRVL), a Reliance Industries subsidiary. The investment translates to a stake of 2.04%. PIF is the 10th investor in RRVL since September 9, 2020. PIF is a sov...
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Yesterday market highlight

Top Gainers (Nifty) HCL Tech  - Rs 900.45 ▲ 3.94%  Kotak Mahindra Bank  - Rs 1344.95 ▲ 2.44% Infosys  - Rs 1158.00 ▲ 2.27% Reliance  - Rs 2280.70 ▲ 1.95% UltraTech Cement  - Rs 4382.75 ▲ 1.78% Top Losers (Nifty) Cipla  - Rs 788.25 ▼ 3.25% Titan  - Rs 1228.85 ▼ 2.22% Adani Ports  - Rs 349.90 ▼ 2.17% Sun Pharma  - Rs 503.15 ▼ 2.09% ICICI Bank  - Rs 396.15 ▼ 1.91% 🥇  Gold:  Rs 50,979 ▼ 0.25% at 6 PM 🥈  Silver:  Rs 62,757 ▼ 1.13% at 6 PM Wipro Posts Fall in Net Profit; Board Announces BuyBack Wipro posted a 3.4% fall in consolidated net profit to Rs 2,465.70 crores in the July-to-September quarter as compared to the same quarter in the previous financial year. The company's board also approved a buyback proposal worth up to Rs 9,500 crores. Wipro will buy back 23.75 crore shares at Rs 400 per share . IMF Sees Contraction in 2020, Expans...

110% Return in 2.5 Months

110% Return in 2.5 Months Laurus Labs, a Mid-Cap Pharma stock, has been part of our  Stocks List since 01-August-2020 and has generated 110.57% returns in the period against a Benchmark (BSE Mid Cap) returns of about 7.44% The stock is Technically Bullish with Market Beating performance in long term as well as near term Stocks are the highest rated stocks as per MarketsMojo’s methodology. Now you can also get a detailed research report on every stock by visiting our blog. Below are some other notable mentions - Stock Name Added when Stock Return Index Return Alkyl Amines Chem 11.2 months 229.6% -0.1% Mastek 2.5 months 86.9% 15.1% Nucleus Software Exp 2.1 months 68.7% 7.6% Be a part of our Professional and see how it can add value to your investments

Who can become a PoSP agent?

Who can become a PoSP agent? With quick and easy registration, training, and certification processes, becoming a PoSP agent has never been simpler. Anyone can become a PoSP agent after being certified. No matter what you do in daily life, with a little skill, you can sell insurance, protect people financially, and earn good incomes with zero investments from your end. Having said that, here are some professions that would be ideally suited: Small business owners who meet regularly with customers Those who have their own individual insurance business Retired bankers Financial consultants Mutual Fund distributors How I can join NJ Insure? The following are the minimum requirements to join NJ Insure as a PoSP agent: Resident of India Attained 18 years of age Passed SSC or equivalent certification (matriculation) PAN Card Aadhar Card Bank account When I can start selling products? As soon as you have registered on the NJ Insure app, you may begin your training for the PoSP test...

Today share bazar news

Top Gainers (Nifty) ITC  - Rs 172.20 ▲ 2.59%  Infosys  - Rs 1132.10 ▲ 2.29% UPL  - Rs 507.10 ▲ 1.97% Cipla  - Rs 814.70 ▲ 1.42% Asian Paints  - Rs 2077.85 ▲ 1.33% Top Losers (Nifty) Bharti Airtel  - Rs 415.05 ▼ 2.39% JSW Steel  - Rs 285.15 ▼ 2.35% GAIL India  - Rs 83.85 ▼ 2.16% Tata Motors  - Rs 135.85 ▼ 1.88% HDFC Life Insurance  - Rs 563.40 ▼ 1.81% 🥇  Gold:  Rs 51,109 ▲ 0.76% at 6 PM 🥈  Silver:  Rs 63,474 ▲ 2.71% at 6 PM Vedanta Delisting Failure, Stock Dips 20% Vedanta informed the exchanges this morning that its delisting process had failed. Because of the failure, the shares, according to SEBI’s regulations, will need to be returned to shareholders within a certain time period. What is meant by delisting and what went wrong? Delisting is the process by which a listed company stops the buying/selling of its shares on...

Exide Industries fundamental

Exide Industries is primarily engaged in the manufacturing of Storage Batteries and allied products in India. Fundamental Market Cap:    13,868  Cr. Current Price:    163.15 52 weeks High / Low    208.80  /  121.90 Book Value:    76.09 Stock P/E:  22.44 Dividend Yield:  2.51  % ROCE:  17.02  % ROE:  12.52  % Sales Growth (3Yrs):  8.99  % Listed on  BSE  and  NSE Company Website Face Value:    1.00 PEG Ratio:  4.07 Promoter holding:  45.99  % Pledged percentage:  0.00  % Debt:    196.50  Cr. Price to Earning:  22.44 EPS:    7.11 Net profit:    604.20  Cr. Profit growth:  -17.27  % Profit growth 7Years:  5.26  % Net profit preceding 12months:  776.75  Cr. Profit growth 3Years:  -0.61  % Dividend yield:  2.51  % Debt to equity:  0.03 Sales last...

Company is virtually debt free.Stock is trading at 0.19 times its book valueMarket value of investments Rs.1037.47 Cr. is more than the Market Cap Rs.407.08 Cr.

Market Cap:    407.08  Cr. Current Price:    1,276 52 weeks High / Low    1599.00  /  710.05 Book Value:    6,660 Stock P/E:  3.62 Dividend Yield:  0.00  % ROCE:  7.82  % ROE:  7.75  % Sales Growth (3Yrs):  -43.85  % Listed on  BSE  and  NSE Company Website Face Value:    10.00 PEG Ratio: Promoter holding:  74.90  % Pledged percentage:  0.00  % Debt:    0.00  Cr. Price to Earning:  3.62 EPS:    352.66 Net profit:    112.55  Cr. Profit growth:  -41.57  % Profit growth 7Years:  % Net profit preceding 12months:  159.71  Cr. Profit growth 3Years:  -19.24  % Dividend yield:  0.00  % Debt to equity:  0.00 Sales last year:    12.44  Cr. Sales growth:  14.54  % Unpledged promoter holding:  74.90  % Investments:    ...