News for Blue Dart Express Limited (BLUEDART.NS)

Food delivery companies in India, including Swiggy, Zomato, and Delhivery, are implementing initiatives to enhance the well-being of their delivery partners. These initiatives encompass skill development programs, financial literacy training, and opportunities for career advancement, reflecting a growing recognition of the crucial role delivery partners play in the industry.

Indian indices fell for a third consecutive session, dragged by Bajaj Auto's weak festive sales warning and concerns over high valuations and foreign fund outflows. Sensex fell 495 points, and Nifty declined 221 points. Analyst Rupak De of LKP Securities said that the Nifty has found initial support in the 24,700–24,750 zone. A fall below 24,700 could lead to a significant correction in the market.

Indian indices declined for the second consecutive session on Wednesday, dragged by auto and IT stocks. Nifty 50 closed 0.34% lower at 24,971 points, and Sensex fell 0.39% to 81,501 points. Analysts predict a sideways trend with support at 24,900 and resistance at 25,200.

Indian indices fell sharply on Thursday, dragged by Middle East tensions. Nifty closed at 25,250, down 2.12%. Analyst Rupak De sees a bearish trend reversal, with support at 25,070. Tejas Shah sees potential for a minor pullback rally, with support at 25,200-25,050 and resistance at 25,475-25,700.

Indian indices ended flat on Tuesday, with initial gains offset by profit-booking. Nifty closed at 25,940.4, up 0.01%. Analysts see a range-bound movement between 25,800 and 26,000, with support at 25,600.

Sensex and Nifty50 hit record highs on Thursday, driven by gains in commodity stocks and expectations of China cutting mortgage rates. The Nifty rose 1.89% to 25,388, while the Sensex increased 1.77% to 82,962. Analysts foresee continued gains with key resistance at 25,500.

Largest shareholders in the company are PG Esmeralda Pte. Ltd, Eaglebay Investment Ltd and BII with 49.7%, 27.13% and10.03% stake in company

Jul 23, 2024 / 09:30AM GMTOperator Ladies and gentlemen, good day, and welcome to the Blue Dart Express Q1 FY25 conference call, hosted by Elara Securities Priv

According to Rupak De, Senior Technical Analyst at LKP Securities, the Nifty formed a small-bodied candle after a bearish engulfing pattern, hinting at a temporary pause in the market. The Relative Strength Index indicates a potential shift towards bearish sentiment. The 24,550 level is a crucial resistance, with a breakthrough potentially sparking a significant rally.

Indian benchmark equity indices closed in the deep red on Friday due to broad-based profit booking ahead of the union budget next week. Selling was observed in all sectors.

Nifty on Monday ended 25 points lower to form a minor bearish candle on the daily chart. The up move was not supported by the momentum as on the hourly time frame there is a negative crossover, analysts said.

Stocks to watch: Check out the companies making headlines before the opening bell today, on December 11, 2023.

Q2 results 2023 news: Apart from the Dussehra stock market holiday, widely tracked companies such as Reliance Industries and Maruti Suzuki will declare their earnings this week.

TVS Supply Chain Solutions will make its debut on the BSE and NSE on August 24, as per IPO schedule.

As many as 1680 shares advanced, 1739 shares declined, and 121 shares remained unchanged on June 21.

Stocks to watch today, June 9, 2023: Tata Power Renewable Energy, through its subsidiary, has received a contract to set up a 966 MW round-the-clock hybrid renewable power projects for Tata Steel

Stock Market News: Trends in the SGX Nifty indicate a positive opening for the broader index in India with a gain of 48 points on Friday morning

Based on the open interest future percentage, there were 151 stocks, in which short-covering was seen including Nifty Financial, Alkem Laboratories, Aarti Industries, Power Finance Corporation, and Power Grid Corporation of India.

Based on the open interest future percentage, there were 97 stocks including City Union Bank, IndiaMART InterMESH, Syngene International, Navin Fluorine International, and Atul, in which long unwinding was seen.