Ankit Gohel

19 hours ago | livemint.com | Ankit Gohel

RailTel share price jumped over 8% on Wednesday driven by robust trading volumes and a technical breakout, with analysts forecasting further upside for the railway PSU stock. RailTel Corporation of India share price rallied as much as 8.77% to ₹354.40 apiece on the BSE. Trading activity was significantly higher than usual, with approximately 1 crore RailTel shares changing hands on May 14 — well above the one-week average volume of 31 lakh shares.

21 hours ago | livemint.com | Ankit Gohel

Defence stocks witnessed a sharp surge on Wednesday, with shares of Garden Reach Shipbuilders & Engineers, Cochin Shipyard, Bharat Dynamics, Hindustan Aeronautics, and others rallying up to 18%. The rally followed the successful execution of Operation Sindoor and Prime Minister Narendra Modi’s address, in which he commended India’s growing defence capabilities. The upbeat sentiment lifted the Nifty India Defence Index by over 3% on Wednesday, marking its fourth consecutive session of gains.

22 hours ago | livemint.com | Ankit Gohel

Nykaa share price jumped over 3% after global index provider MCSI announced the stock’s inclusion in its Global Standard Index. Nykaa shares rallied as much as 3.44% to ₹204.35 apiece on the BSE. FSN E-commerce Ventures, the parent company of the fashion and beauty e-tailer Nykaa, has been added to the MSCI India Index, a component of the broader MSCI Global Standard Index. The inclusion was part of MSCI’s May index rebalancing, announced on May 14.

23 hours ago | livemint.com | Ankit Gohel

Stock to buy for short-term: Zee share price has jumped more than 18% in the past six consecutive trading sessions. On Tuesday alone, Zee shares spiked 5.12% after a favourable ruling by Arbitral Tribunal in Siti Networks loan case. Stock to buy for short-term: Zee Entertainment Enterprises Ltd (ZEEL) share price gained nearly 2% on Wednesday, extending its rally for the sixth consecutive session, amid heavy buying interest. Zee shares rose as much as 1.98% to ₹125.60 apiece on the BSE.

1 day ago | livemint.com | Ankit Gohel

Chinese defence stocks witnessed a sharp decline on Wednesday, with several names falling as much as 4%, following the ceasefire agreement between India and Pakistan that eased concerns over a potential escalation in the conflict. The Hang Seng China A Aerospace & Defence Index dropped for the second consecutive session, losing 1.3%. Key constituents of the index, including China Aerospace Times Electronics Co. Ltd.