Posts in category Economic Times
Paytm shares soar over 8% after laying off employees as part of group restructuring (10-06-2024)
Paytm has been facing regulatory trouble after the RBI barred Paytm Payments Bank Ltd from accepting more deposits from February 29, owing to non-compliance. After declining 51% in the last one year, Paytm saw some positive action with the shares rising 13% this month.
F&O stocks: Wipro, Tech Mahindra among 5 stocks with short buildup (10-06-2024)
In Monday's trading session, Coforge, Persistent Systems, Tech Mahindra, Vedanta, and Wipro witnessed a build-up of fresh short positions, indicating a potential downward trend in stock prices.
F&O stocks: Shree Cement, Samvardhana Motherson among 5 stocks with long buildup (10-06-2024)
During Monday’s trading session, five stocks experienced the initiation of new long positions. To ascertain whether a stock has encountered such a development, analysts examine the price movement alongside the open interest on the counter. If both the stock prices rise and the open interest increases, it is indicative of a long buildup.
IT stocks plunge up to 5% on Monday after 8% rally last week. Know how experts view sector! (10-06-2024)
Nifty IT index fell 2.3% with Coforge and Persistent Systems as top losers, despite Nifty hitting a lifetime high. IT sector has seen recent positive returns but remains a laggard over the quarter.
Motilal Oswal shares jump nearly 19% as shares trade ex-bonus (10-06-2024)
Motilal Oswal Financial Services (MOFSL) stock soared 18.7% on BSE, hitting a record high of Rs 719.95 post-ex-bonus trading. The company declared a 1:3 bonus share issue in May, granting three bonus shares for every share held.
Tata Steel, UltraTech Cement among 6 Nifty50 stocks that touch new 52-week highs on Monday (10-06-2024)
Indian stocks experienced a slight decline following their surge to record levels on Monday. The decrease was primarily attributed to a dip in information technology shares, which was fueled by concerns over U.S. rate cuts.
Harsh Gupta Madhusudan on key indicators to monitor ahead of Budget (10-06-2024)
I think that there should be some more not exactly freebies or welfare, but something more attuned towards consumption and we were already seeing that even in the financial markets. I gave you the number of top line, the most obvious data point to check directly FMCG sales.
Expecting one of the best years due to strong consumer spending: Nilesh Gupta, Vijay Sales (10-06-2024)
So, any consumer who walked in a Vijay Sales store did not have to go back without an air conditioning saying the stock is not there. Secondly, on the refrigerator front also, after a long time we have seen a growth in refrigerator.
Vedanta shares drop 2.69% as Sensex rises (10-06-2024)
The stock quoted a 52-week high of Rs 506.85 and a 52-week low of Rs 207.85.
LTIMindtree shares drop 1.45% as Sensex rises (10-06-2024)
A total of 23,732 shares changed hands on the counter till 02:00PM (IST)