Posts in category Economic Times
Expect shallow rate cut by Fed in July-August; RBI may follow: Mahendra Kumar Jajoo (16-04-2024)
Jajoo expects Fed rate cuts in July-August but points out that we are now dealing with a new development on the geopolitical front. Iran and Israel conflict news is coming and that will have impact on the energy prices, which will again impact the global supply chain. Therefore, the central banks will be a little watchful and RBI may cut the rate one or two times after the Fed starts the rate cut process.
DGC Cables and Wires stock debuts with 10% discount on NSE SME platform (16-04-2024)
DGC Cables and Wires IPO listed on NSE SME platform with 10% discount. Manufacturer of copper products for transformers. Oversubscribed 16x. Offers fiber glass-covered copper strips, submersible wires.
Share price of Indian Oil Corp. rises as Nifty weakens (16-04-2024)
A total of 666,515 shares changed hands on the counter till 10:10AM (IST).
Stock market update: Stocks that hit 52-week lows on NSE (16-04-2024)
LTIMindtree, Bajaj Finserv, IndusInd Bank, Bajaj Finance and Infosys were among the top losers on NSE.
Teerth Gopicon shares list at 13% premium over issue price (16-04-2024)
Ahead of the listing, the company's shares traded with a premium of Rs 20 in the unlisted market.
Share price of Adani Power rises as Nifty weakens (16-04-2024)
A total of 143,540 shares changed hands on the counter till 10:05AM (IST).
GAIL shares up 2.52% as Nifty falls (16-04-2024)
The stock quoted a 52-week high price of Rs 210.0 and low of Rs 102.95.
Stock market update: Fertilisers stocks up as market falls (16-04-2024)
The 30-share BSE Sensex was down 309.85 points at 73089.93
FIIs increase stake in 6 Adani stocks, LIC makes smart profit in March quarter (16-04-2024)
FIIs increase stake in 6 Adani stocks, LIC sees smart profit. Adani Ports, Green Energy, Wilmar, Power, Total Gas, NDTV ownership rises. PSU insurer, Ahmedabad conglomerate, ACE Equity observed. Mutual funds, retail investors, Adani Energy affected. Tata, Ambuja Cements, Hindenburg, Cantor Fitzgerald mentioned.
Hot Stocks: Brokerage view on HDFC AMC, IDFC First, Apollo Tyres and Varun Beverages (16-04-2024)
Morgan Stanley began covering Varun Beverages with an overweight rating, while it upheld an Equal Weight rating on Apollo Tyres. Jefferies reaffirmed a buy rating on IDFC First, whereas JPMorgan upgraded HDFC AMC to overweight.