The domestic equity indices concluded Monday’s trading session with modest gains, buoyed by anticipation of a potential interest rate cut by the US Federal Reserve. The benchmark Nifty 50 index settled above the 25,350 mark, having touched a low of 25,336.20 during the afternoon session. Several sectors, including media, metals, and realty, witnessed strong buying interest. Conversely, FMCG, IT, and pharma stocks faced selling pressure.
Posts in category Business Standard
Bajaj Housing Finance surges 2.4x on debut, adds Rs 79K cr in market value (16-09-2024)
BHF’s strong debut follows strong demand for its shares during its Rs 6,560 crore IPO, which saw 67 times more demand than shares on offer and garnered record Rs 3.2 trillion worth of bids
Western Carriers (India) IPO subscribed 4.83 times (16-09-2024)
The offer received bids for 10.08 crore shares as against 2.08 crore shares on offer.
Arkade Developers IPO subscribed 5.79 times (16-09-2024)
The offer received bids for 13.76 crore shares as against 2.37 crore shares on offer.
Northern Arc Capital IPO subscribed 2.86 times (16-09-2024)
The offer received bids for 6.14 crore shares as against 2.14 crore shares on offer.
Godrej Consumer MD and CEO Sudhir Sitapati throws weight behind Dhaval Buch (16-09-2024)
Godrej Consumer Products MD & CEO Sudhir Sitapati has thrown his support behind Dhaval Buch, husband of embattled Sebi Chairperson Madhabi Puri Buch, stating that it could be the side effects of what happens when the worlds of government and the private sector collide.
Dhaval and Madhabi have been facing allegations of conflict of interest over providing consultancy services to corporates.
In a post on networking platform LinkedIn, he said unless the context of the top professionals coming from the corporate world is understood, there could be a situation where no senior person from the private sector would ever consider a government job.
Given the cusp of change India is at, “there is a lot of talent in the private sector that the government could use, and we probably need to reconsider our old socialist biases against everything private,” he said.
“I have known of and then known Dhaval Buch for the 22 years that I worked at Hindustan Unilever. I was much his junior, but in a …
Nifty September futures trade at premium (16-09-2024)
Reliance Industries, Vedanta and LIC Housing Finance were the top traded contracts.
INR appreciates under 83.90 per US dollar mark (16-09-2024)
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Settlement holiday for stocks, funds but markets open: What does it mean (16-09-2024)
During a settlement holiday, the equity intraday profit credits and F&O credits aren’t included in the trading balance or are not available for withdrawal
Quick Wrap: Nifty Media Index records a surge of 0.99% (16-09-2024)
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