Posts in category All News
HDFC Bank shares slumps 4% after reporting muted growth in June quarter (05-07-2024)
Shares of HDFC Bank slipped 3.82 per cent at Rs 1660 per share on The BSE in Friday's intraday trade. In the last two trading sessions, the counter has slid by 6.1 per cent
Nifty PE crosses 24|A statistically informed entry-exit model! (05-07-2024)
Over the long term 2000 -2024, the Nifty PE ratio is between 17-20. By that measure currently, it is slightly on the expensive side.
What Labour victory means for India-UK ties & markets? Arnab Das explains (05-07-2024)
There is a disconnect where the geopolitical and geoeconomic tensions are high. Still, the reality of the macro on the ground is that the integration continues. So, there is not going to be any big rupture in Asia, but there is going to be a continuing integration or continuing alignment of India and other countries in Asia with the West including the UK, Invesco’s Arnab Das.
Nephro Care shares list at 90% premium on NSE SME platform (05-07-2024)
Nephro Care made a strong market debut on NSE SME platform with a 90% premium. The IPO garnered massive investor interest, oversubscribed by over 700 times. The company aims to establish a 100-bed multispeciality hospital in Kolkata using proceeds from the IPO. Nephro Care, led by Dr. Pratim Sengupta, focuses on comprehensive medical services for renal patients.
Shares of Federal Bank rise as Nifty drops (05-07-2024)
On the technical charts, the 200-day moving average of the stock stood at Rs 154.28.
Rupee inches higher tracking gains in most Asian peers (05-07-2024)
The Indian rupee reached 83.4625 against the U.S. dollar, aided by a weaker dollar index and gains in yen and yuan. Brent crude prices eased. The U.S. jobs report and bond yields will impact Federal Reserve rate forecasts. Importers' hedging may limit rupee gains. Lloyd Chan of MUFG Bank expects the dollar to weaken as U.S. job market softens.
BRS suffers major setback, six party MLCs join Congress in Telangana (05-07-2024)
Six opposition BRS MLCs in Telangana have joined the ruling Congress, a significant setback for the opposition party. The party, which lost the Assembly polls last year, has been struggling with desertions, with several leaders, including six MLAs, leaving the party. The Congress has 25 members, while BRS has 25.
BEL shares rise 1.54 per cent in Friday’s trading session (05-07-2024)
The Relative Strength Index of the stock stood at 66.48 on Friday.
Industrials shares gain (05-07-2024)
Industrials stocks were trading in the positive zone, with the BSE Industrials index rising 133.84 points or 0.83% at 16281.07 at 09:47 IST.
Capital Goods stocks edge higher (05-07-2024)
Capital Goods stocks were trading in green, with the BSE Capital Goods index increasing 601.46 points or 0.81% at 74586.75 at 09:47 IST.