Gold December futures opened at Rs 78,389, up 0.45%, while silver rose to Rs 98,299. Prices surged recently amid safe-haven demand and de-dollarization trends, with bullish technical indicators.
Posts in category Economic Times
City Union Bank shares zoom 12% after Q2 results impress investors. Should you invest? (22-10-2024)
City Union Bank shares surged 12.5% after reporting Q2 PAT growth of 1.6% and NII up 8.2%. Analysts have mixed ratings, with target prices ranging from Rs 165 to Rs 195.
Colgate-Palmolive shares gain 0.22% as Sensex falls (22-10-2024)
On the technical charts, the RSI of the stock stood at 31.77.
Cummins India shares fall 0.45% as Nifty drops (22-10-2024)
The stock quoted a 52-week high price of Rs 4169.5 and a 52-week low of Rs 1658.65.
Buy L&T Finance, target price Rs 200: Motilal Oswal Financial Services (22-10-2024)
Motilal Oswal Financial Services recommends buying L&T Finance Ltd. with a target price of Rs 200. Currently priced at Rs 153.1, L&T Finance is expected to achieve significant growth. The company focuses on process automation and partnerships to drive retail loan growth. Despite challenges in microfinance, it shows strong financial performance and forecasts a PAT CAGR of 26% over FY24-27.
Bajaj Holdings shares gain 0.36% as Sensex falls (22-10-2024)
A total of 375 shares changed hands on the counter till 10:24AM (IST)
Biggest fear of Nifty bulls coming true as Q2 results leading to downgrades, target price cuts (22-10-2024)
Nifty bulls face challenges as Q2 results lead to downgrades in earnings estimates and target price cuts. Consumer sectors, including auto, show weak performance due to sluggish demand and rising competition. High input costs affect margins in sectors like FMCG and cement. Banks perform relatively well, but market valuations remain elevated, posing risks.
Share market update: Most active stocks on D-Street today in terms of volume (22-10-2024)
The NSE Nifty index was trading 54.05 points down at 24727.05
Voltas shares rise 0.63% as Nifty drops (22-10-2024)
The stock quoted a 52-week high price of Rs 1946.2 and a 52-week low of Rs 806.9.
Diwali Picks: Tata Motors, KPIT Technologies among 11 stock recommendations (22-10-2024)
Prabhudas Lilladher recommends 11 stocks for Diwali, including Tata Motors and KPIT Technologies, predicting up to 57% upside potential. Key picks like ABB India, BEL, and BHEL are highlighted for their technical strength and expected positive trends based on recent market analyses.