In an environment of heightened market volatility due to geopolitical tensions and record-high valuations, Indian investors are advised to focus on dynamic portfolio management. Emphasizing risk mitigation, strategic asset allocation, and maintaining discipline can help protect against uncertainties while leveraging India’s strong economic growth potential.
Posts in category Economic Times
IRCTC shares drop 0.58% as Sensex falls (17-10-2024)
The stock quoted a 52-week high of Rs 1148.3 and a 52-week low of Rs 636.1.
Stock market update: Fertilisers stocks down as market falls (17-10-2024)
The 30-share BSE Sensex was down 425.5 points at 81075.86
Adani Power share price down 0.59 per cent (17-10-2024)
A total of 41,896 shares changed hands on the counter till 11:11AM (IST).
Stock market update: Power stocks down as market falls (17-10-2024)
The 30-share BSE Sensex was down 367.79 points at 81133.57
Integrum Energy Infra files draft papers to mobilise funds via IPO (17-10-2024)
Renewable energy firm Integrum Energy Infrastructure filed preliminary papers for an IPO, including a fresh issue of 49.50 lakh shares and an OFS of 5.40 lakh shares. Proceeds will fund a solar plant, working capital, and strategic acquisitions. Shares will list on BSE’s SME platform.
Ambuja Cements shares down 1.28% as Sensex falls (17-10-2024)
A total of 46,653 shares changed hands on the counter till 11:05AM (IST)
PI Industries shares drop 0.89% as Sensex falls (17-10-2024)
A total of 1,434 shares changed hands on the counter till 11:01AM (IST)
ABB nudges profit guidance higher after Q3 beats forecasts (17-10-2024)
ABB, a Swiss engineering company, reported higher-than-expected operating profits in the third quarter. This success came from its electrification unit. The company raised its profitability outlook for the year but slightly downgraded its revenue growth expectations. The new CEO, Morten Wierod, started in August, following an operational overhaul by former CEO Bjorn Rosengen.
Nokia Q3 profit beats expectation, sees signs of recovery (17-10-2024)
Nokia reported a 9% rise in third-quarter operating profit and sees a demand recovery in some areas. The company maintained its full-year outlook and expects significant growth in the fourth quarter. Comparable earnings before interest and tax rose to 454 million euros. Net sales fell 8% partly due to lower sales to India.