The domestic equity markets suffered a significant setback on Thursday, erasing recent gains and closing the day in the red. The Nifty 50 index ended below the 24,200 level, while the Sensex also witnessed a sharp decline. The sell-off was widespread, but metal stocks bore the brunt of the decline. Investors grew cautious ahead of the US Federal Reserve’s upcoming interest rate decision later on Thursday. The central bank’s stance on monetary policy could have significant implications for global markets, including India.
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Share market update: Most active stocks of the day in terms of traded value (07-11-2024)
The NSE Nifty index closed 284.71 points down at 24199.35
Microcap momentum portfolio (07-11-2024)
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Microcap momentum portfolio (07-11-2024)
Check out Innovasynth investment – Rajan Raheja group recent announcement of reverse merger still at 250 crore mcap – currently undergoing expansion – CDMO is a big play and Raheja are specialist in turnaround
Hindustan Zinc ends lower as OFS concludes (07-11-2024)
Hindustan Zinc fell 1.07% to end at Rs 507.65 after the offer for sale (OFS) announced by the company’s promoters concluded on Thursday, 07 November 2024.
Stock market update: Nifty Bank index 0.77% (07-11-2024)
The Nifty Bank index closed 0.77 per cent at 51916.50.
ACME Solar Holdings IPO subscribed 70% (07-11-2024)
The offer received bids for 4.05 crore shares as against 5.82 crore shares on offer.
Niva Bupa Health Insurance Company IPO subscribed 65% (07-11-2024)
The offer received bids for 11.18 crore shares as against 17.28 crore shares on offer.
Stock market update: Sugar stocks down as market falls (07-11-2024)
The 30-share BSE Sensex closed down 836.34 points at 79541.79