Posts in category All News
Mphasis shares up 1.83% as Nifty gains (04-07-2024)
A total of 12,575 shares changed hands on the counter till 10:15AM (IST).
GE T&D India hits after bagging supply contract from France-based Grid Solutions (04-07-2024)
GE T&D India was locked in 5% upper circuit at Rs 1720.90 after the company announced the receipt of an international order from Grid Solutions SAS, France, worth 64 million Euros (approximately Rs 576.43 crore).
Indian Hotels rises 3.11% as Sensex climbs (04-07-2024)
The stock traded at a P/E multiple of 69.97, while the price-to-book value ratio stood at 8.9.
Share market update: Most active stocks on D-Street today in terms of volume (04-07-2024)
The NSE Nifty index was trading 97.5 points up at 24384.0
Rupee falls 5 paise to 83.54 against US dollar in early trade (04-07-2024)
The rupee depreciated 5 paise to 83.54 against the dollar due to high crude prices, starting at 83.52. Positive equities, foreign fund inflows supported. Amit Pabari noted pressures like crude at USD 87. S&P's YeeFarn Phua mentioned fiscal deficit reduction need. NSE Nifty, Sensex surged; FIIs buying shares. Dollar index at 105.36, US yields at 4.35%.
Lupin shares up 2.72% as Nifty gains (04-07-2024)
A total of 71,475 shares changed hands on the counter till time (IST).
Karnataka bank – private bank @ public sector valuation (04-07-2024)
IMHO the Management has been extremely conservative in the past. A new management has taken charge in the recent past and they have announced avenues for revenue growth and have also taken action in some of those avenues. For detaills, please refer to their recent Earnings Call. If those measures frcutify, the market may reward the bank with a rerating of the PE. Everything depends on the success of the initiatives annunced. Disclosure: Invested. My views are biased.
Stock market update: Nifty Bank index advances 0.19% in an upbeat market (04-07-2024)
The Nifty Bank index was trading 0.19 per cent up at 53191.75.