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These nine companies rally up to 100% in November

Updated at : 2022-11-30 16:50:03

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Public sector companies hogged the limelight during the month, particularly the railway companies and state-run lenders. Other gainers majorly belonged to infrastructure and related sectors.

Crypto exchange Bitfront shuts down

Updated at : 2022-11-30 15:55:03

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"However, despite our efforts ... we have regretfully determined that we need to shut down BITFRONT in order to continue growing the LINE blockchain ecosystem and LINK token economy," the California-based company said in a statement on its website on Sunday.

Voltas shares fall 0.88% as Nifty gains

Updated at : 2022-11-30 15:55:03

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The stock quoted a 52-week high price of Rs 1347.75 and a 52-week low of Rs 804.0.

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According to the data from BSE, the investors made bids for 17,22,175 equity shares or 17% compared to 1,01,37,360 equity shares offered for subscription by 12.15 pm on Wednesday, November 30.

"For manufacturing, next year is going to be quite tricky because the export engine is likely to be hit quite a lot especially in the first half. As far as services is concerned, the reopening theme is coming to an end and the reopening boost that we have got in the previous quarter and the quarter before that is going to ebb now."

The Relative Strength Index of the stock stood at 52.21 on Wednesday.

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Citing factors like moderation of rate hikes by central banks, easing of supply-chain costs, squeezing of systemic liquidity, and fall in natural gas prices with a possible return of FII buying, DSP said it may ease volatility in equity markets in the near future.

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A total of 30,477 shares changed hands on the counter till 02:10PM (IST)

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The brokerage expects Bharti India wireless average revenue per user (ARPU) to grow at a CAGR of ~10% over FY22-28 to Rs 280 in FY28 (vs. INR 190 in 2QFY23) driving around15% CAGR in consolidated EBITDA.

Tata Power shares down 0.2% as Sensex rises

Updated at : 2022-11-30 14:30:03

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A total of 176,647 shares changed hands on the counter till 12:48PM (IST)

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