Articles for author: Koushik Roy

Koushik Roy

PM Modi Turns 74: Leaders Celebrate the 'Charioteer of Amritkaal'

PM Modi Turns 74: Leaders Celebrate the ‘Charioteer of Amritkaal’

Celebrating the 74th Birthday of Prime Minister Narendra Modi Today marks a significant milestone as Prime Minister Narendra Modi celebrates his 74th birthday. While for him, it is just another day filled with responsibilities and work, the Bharatiya Janata Party (BJP) has put together a series of special celebrations. This occasion is honored as a ...

Koushik Roy

Global Markets Rally: GIFT Nifty Up 40 Points Amid Mixed Asian Trends

Global Market Mixed Signals: Nikkei Drops 2%, GIFT Nifty Sees Minor Gain

Current Global Market Trends The global markets are sending mixed signals as we navigate through fluctuating economic indicators. In Asia, the Nikkei index is experiencing a notable decline of approximately 2%, reflecting investor caution. Conversely, the GIFT Nifty is trending upward, indicating some optimism among Indian investors. In the United States, the markets closed with ...

Koushik Roy

Today's Trade Setup: Watch for Nifty Breakout Above 25,400

Today’s Trade Setup: Watch for Nifty Breakout Above 25,400

Nifty Trade Setup: September 16 Insights The Indian stock market closed on a positive note yesterday, showing a modest advancement in the Nifty 50 index, which rose by 27 points to settle at 25,384. Notably, this trading day also saw the index achieve a new intraday high. The formation of higher tops and bottoms is ...

Koushik Roy

Live Stock Market Updates: Nifty Signals Strong Start for Indian Markets

Live Stock Market Updates: Nifty Signals Strong Start for Indian Markets

As of September 17, 2024, at 7:55 AM IST, the stock market has demonstrated mixed performance, prompting investors to navigate through the prevailing volatility with caution. Religare Broking’s Ajit Mishra shared insights into the day’s trading activity, revealing a sluggish market characterized by modest gains. Market Overview The stock market experienced a slight upward movement, ...

Koushik Roy

SpiceJet to Boost Funds by ₹3000 Crores via QIP at Major Discount

SpiceJet to Boost Funds by ₹3000 Crores via QIP at Major Discount

Introduction: SpiceJet, a prominent player in the low-cost airline sector, is making headlines as it prepares to raise significant funds through a Qualified Institutional Placement (QIP). This strategic move is aimed at enhancing its operational capabilities and financial position in a competitive market. Let’s delve deeper into the details of this fundraising initiative and the ...

Koushik Roy

Bajaj Housing Finance Share Price: Will It Reach 800? Investor Insights!

Bajaj Housing Finance Share Price: Will It Reach 800? Investor Insights!

Bajaj Housing Finance Share Price: A Remarkable Debut Overview: Bajaj Housing Finance made a stunning entry into the stock market on September 16, being listed at an impressive price of Rs 150, reflecting a remarkable premium of 114%. Investors who had previously acquired shares at Rs 70 witnessed their investments more than double, as the ...

Koushik Roy

Government's Navratri Surprise: DA Boost Coming This September!

Government’s Navratri Surprise: DA Boost Coming This September!

DA Hike Updates: A Boost for Central Government Employees Great news is on the horizon for central government employees! The government is set to announce an increase in the dearness allowance (DA) this month, a move that promises to significantly enhance the monthly salaries of millions of employees across the country. The anticipation for this ...

Koushik Roy

Gold Prices Drop: Is Now the Right Time to Invest?

Gold Price Soars to Near $2600 on COMEX: What’s Next?

Gold Price Update: The surge in gold prices continues to shatter records, with the price on the COMEX nearing an astonishing $2,600 per ounce. Over the last week, gold has delivered a robust return of over 3%. Currently, the price has surpassed $2,580 per ounce. Remarkably, in 2024 alone, gold has soared over 23%, and ...

Koushik Roy

September 17 Stock Market Trends: What to Expect!

September 17 Stock Market Trends: What to Expect!

Market Overview: Nifty’s Performance Today Today, the stock market exhibited a subtle movement, with the Nifty Index trading in a tight range between 25,350 and 25,420 points. Ultimately, it closed the day at 25,383.75, reflecting a modest gain of 27.25 points. This indicates a relatively stable trading session, as investors cautiously navigated market sentiment amid ...

Koushik Roy

SEBI Freezes Karvy Stock Broking's Accounts Over Unpaid Fines

SEBI Streamlines Bonus Share Process for Faster Issuance

Understanding the New Timeline for Bonus Shares as per SEBI Regulations The Securities and Exchange Board of India (SEBI) has recently revolutionized the way bonus shares are issued to shareholders. As of October 1, 2024, investors will experience a more efficient process that significantly reduces the time it takes to receive bonus shares. Previously, shareholders ...

Koushik Roy

HDFC Bank Stock: A Hidden Gem or Disappointment for Long-Term Investors?

HDFC Bank Stock: A Hidden Gem or Disappointment for Long-Term Investors?

Overview of HDFC Bank’s Market Position The stock market has recently seen shifts in investor sentiment, with significant implications for HDFC Bank shares. Following the robust debut of Bajaj Housing Finance, a concerning trend has emerged: mutual funds are offloading their stakes in HDFC Bank at an alarming rate. In August alone, they divested shares ...

Koushik Roy

14-Day Multibagger: Double Your Profits Fast!

14-Day Multibagger: Double Your Profits Fast!

Introduction In recent trading sessions, Eraaya Lifespaces has become the talk of the market as its stocks continue to experience an unprecedented surge. For investors looking to capitalize on growth, this is an intriguing opportunity worth exploring. In just 14 days, the company has seen its shares soar by a remarkable 100%, thanks to hitting ...

Koushik Roy

Finance Minister Unveils Facts Debunking Congress Claims: Madhavi Puri Buch's Key Insights

Finance Minister Warns: Stay Cautious with Stock Market Futures and Options

Concerns Raised by Union Finance Minister on Stock Market Speculation Union Finance Minister Nirmala Sitharaman highlighted the increasing need for caution regarding speculative activities in the stock market, specifically concerning futures and options trading. In a recent discussion with Network18 Editor-in-Chief Rahul Joshi on the ‘Chaupal’ program aired on News18, she emphasized the importance of ...

Koushik Roy

Gold & Silver Prices Surge: Check Latest Rates in Indore!

Gold & Silver Prices Surge: Check Latest Rates in Indore!

Current Trends in Gold and Silver Prices On Monday, the silver prices witnessed a notable increase of Rs 522, trading at Rs 89,702 per kg in the futures market. This surge can be attributed to heightened trading activity as market participants responded to robust spot demand. At the Multi Commodity Exchange, the futures contract for ...

Koushik Roy

Boosting Farmer Profits: Rising Custom Duties on Edible Oils

Boosting Farmer Profits: Rising Custom Duties on Edible Oils

Government’s Decision on Custom Duties: A Boon for Farmers in India The recent decision by the Indian government to adjust custom duties on various edible oils has sparked a wave of optimism among farmers. By increasing the custom duty on crude palm oil and refined sunflower oil to 20% and 32.5%, respectively, the government aims ...

Koushik Roy

Double Your Money in Just 6 Months!

Double Your Money in Just 6 Months!

Understanding Market Opinions on Stock Performance In the dynamic world of stock trading, opinions on stock performance often vary widely among brokerage firms. While some analysts might recommend buying, others may suggest selling a particular stock. However, there are unique scenarios where consensus emerges among analysts, leading to a unified recommendation for investors. One such ...

Koushik Roy

Trading Positions Closed: Why Didn't the Money Come?

Trading Positions Closed: Why Didn’t the Money Come?

Understanding Bank Holidays and Their Impact on Stock Trading Settlements In today’s fast-paced trading environment, timely settlements are crucial for traders looking to manage their investments effectively. However, there are specific occasions throughout the year when bank holidays can disrupt this process. When banks are closed, the settlement of trades on stock exchanges is inevitably ...

Koushik Roy

Government Bank Set to Achieve 22% Growth!

Government Bank Set to Achieve 22% Growth!

Market Overview of Union Bank of India Union Bank of India, a prominent player in the Indian banking sector, has been making headlines due to significant improvements in its financial performance. As of June 2024, the government holds a substantial 74.76 percent stake in the bank, reflecting the continued confidence of the state in this ...