Posts in category All News
Sensex, Nifty log fifth straight weekly advance; HDFC Bank down 4.6% (05-07-2024)
The losses in HDFC Bank came after the private sector lender reported a sequential decline in loans during the June quarter
Nifty Bank closes lower; support seen around 52,000 for coming week: Experts (05-07-2024)
The bank index fell over 400 points to close at 52,660 while the Nifty50 rose more than 21 points to close at 24,323 on Friday. PNB, Bank of Baroda, SBI, and The Federal Bank saw considerable buying, while AU Small Finance Bank, IndusInd Bank, Bandhan Bank and HDFC Bank saw selling pressure.
Sensex slips below 80K; Nifty scales new high (05-07-2024)
Among the 30-share Sensex pack, State Bank of India, Reliance Industries, Hindustan Unilever, NTPC, Larsen and Toubro, Nestle India, Power Grid, ITC, JSW Steel and Sun Pharmaceuticals were the major gainers. On the other hand, HDFC Bank, Titan, Mahindra and Mahindra, IndusInd Bank, UltraTech Cement, Tata Motors, HCL Technologies and Asian Paints were among the laggards.
Stock market update: Nifty Bank index falls 0.83% (05-07-2024)
The Nifty Bank index closed 0.83 per cent down at 52660.35.
INOX Wind (05-07-2024)
Well the aelrbitage has ranged from 30% - 60% so definitely on the lower end now. I myself have asked this question many times. I think one thing is that liquidity in IWEL is much lower, so if there is an adverse event, big players won’t be able to exit on account of lower circuits. Other thing is that merger is still maybe 2 quarters away at least so may take time. There is no question on merger itself from company’s pov and the nclt process is continuing.
Stock market update: Power stocks up as market falls (05-07-2024)
The 30-share BSE Sensex closed down 53.07 points at 79996.6