At 09:30 IST, the barometer index, the S&P BSE Sensex rallied 385.98 points or 0.49% to 79,860.68. The Nifty 50 index rallied 122.75 points or 0.51% to 24,336.05.
Posts in category All News
Buy BEL, target price Rs 317-340, over 6-9 months: HDFC Securities (06-11-2024)
HDFC Securities recommends buying Bharat Electronics Ltd. with a target price of Rs 317-340 over 6-9 months, citing its strong market position, robust R&D, and government affiliations. The company’s reported total income and profit have seen a significant increase. Investors are advised to buy the stock within Rs 284-294, adding more on dips for optimal gains.
Swiggy IPO Live: Swiggy IPO opens. Should you subscribe? (06-11-2024)
Swiggy IPO Subscription Day 1 Live Updates November 6, 2024: Swiggy IPO subscription status
Prestige Estates Projects Ltd Spurts 3.23%, BSE Realty index Rises 1.63% (06-11-2024)
Prestige Estates Projects Ltd has lost 5.03% over last one month compared to 1.81% fall in BSE Realty index and 1.73% drop in the SENSEX
National Aluminium Company Ltd Slips 1.83% (06-11-2024)
National Aluminium Company Ltd has added 7.4% over last one month compared to 5.81% fall in BSE Metal index and 1.73% drop in the SENSEX
Titan shares fall 3% as Q2 numbers disappoint investors. Should you buy, sell, or hold? (06-11-2024)
Titan Share Price: Titan’s shares dropped after the company announced its second quarter results. Profit declined by 23.1% compared to the same period last year. Total income, however, increased by 26%. Analysts have mixed opinions on the stock. Investec and Jefferies recommend holding, while Goldman Sachs maintains a buy rating. The company’s performance was impacted by a reduction in customs duty.
Hyundai Motor India Limited – HMIL (06-11-2024)
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HMIL registers total monthly sales of 70,078 units in October 2024, 3rd highest monthly sales since inception
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HMIL registers Domestic sales of 55,568 units in October 2024, 3rd highest since inception
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Highest-ever monthly SUV sales** at 37,902 units, including highest ever monthly domestic sales of the Hyundai CRETA at 17,497 units in October 2024
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Overall SUV contribution to domestic sales continues to stay strong at 68.2% in October 2024
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HMIL also bolsters CNG penetration, achieves highest ever monthly CNG sales of 8,261 units with a contribution of 14.9% to Domestic sales volume in October 2024
‘Euphoria In SMID Stocks Couldn’t…’ (06-11-2024)
‘Retail investors, who had not seen such a massive correction in the SMID universe since COVID-19, are witnessing something like this for the first time. Panic profit booking may continue.’
Rupee hits record low amid decline in Asian peers on US election updates (06-11-2024)
The Indian rupee plummeted to a record low against the U.S. dollar on Wednesday, as early U.S. election results spurred a dollar rally and weighed on Asian currencies. The rupee slid to 84.1725 per dollar, while the dollar index surged to a four-month high. Early projections showed Trump leading the presidential race, fueling ‘Trump trades’ and pushing U.S.
Mahindra and Mahindra Q2 Preview: Revenue may rise 13% YoY; Profit expected to remain muted (06-11-2024)
Mahindra & Mahindra’s Q2 revenue is expected to grow 10-13% YoY, driven by tractors and automotive, while profits may remain flat. Analysts predict mixed results with muted profit growth and stable margins.