JP Power share price surges 12% amid high volumes. Is Adani takeover of JP Associates behind the rally? explained

Shares of Jaiprakash Power (JP Power) surged nearly 12% on Wednesday, March 18, amid higher-than-usual volumes and after the National Company Law Tribunal (NCLT) approved Adani’s takeover bid for its promoter, Jaiprakash Associates (JAL). Nearly 99 lakh shares of JP Power shares changed hands on the BSE as of 10.40 am, nearly thrice the two-week…

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Sensex jumps over 2,000 points in 3 sessions—Why is stock market rising despite US-Iran war, elevated crude oil price?

Perplexing market participants, the Indian stock market witnessed healthy buying across segments in intraday trade on Wednesday, 18 March, despite a raging war in the Middle East, elevated crude oil prices, and the rupee’s weakness. The Sensex rose more than 700 points, or nearly 1%, to an intraday high of 76,775, while the Nifty 50…

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Jubilant Ingrevia from SBI Life, these stocks can give returns up to 70%, latest choice of brokerage – Market

Brokerage Houses Latest Picks Brokerage Houses Top Picks: The sentiments in the stock market are bad right now and there is nervousness among the investors. While old investors are worried about the losses in the market, new investors are avoiding investing in this volatile environment. However, if experts are to be believed, there are investment…

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Shares to buy or sell: Ruchit Jain of Motilal Oswal recommends Tata Power, ABB stock to buy today – 18 March

Stock market today: The domestic stock markets began positively on Wednesday, demonstrating strength despite persistent geopolitical tensions stemming from the US-Israel-Iran conflict and ongoing foreign capital withdrawals. The Nifty 50 started at 23,632.90, increasing by 51.75 points or 0.22%, while the BSE Sensex commenced at 76,367.55, climbing 296.71 points or 0.39%. Market analysts observed that…

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