Posts in category Economic Times
Hindalco shares surge 2% after company arm Novelis files 45 million shares in IPO (29-05-2024)
Hindalco's shares surged 2% on the BSE during Wednesday's trading session, reaching a peak of Rs 695 for the day. This rise followed news that its subsidiary, Novelis, had filed to offer 45 million shares in its US initial public offering (IPO), with a price range of $18 to $21 per share.
Crompton Greaves shares up 1.84% as Nifty drops (29-05-2024)
A total of 21,014 shares changed hands on the counter till time (IST).
Share market update: Most active stocks on D-Street today in terms of volume (29-05-2024)
The NSE Nifty index was trading 84.91 points down at 22803.25
Jubilant Food shares up 3.33% as Sensex falls (29-05-2024)
A total of 216,193 shares changed hands on the counter till 09:59AM (IST)
Hot Stocks: Brokerage view on LIC, Suzlon Energy, Inox Wind and Hindalco (29-05-2024)
Investec brokerage firm upheld its buy recommendation for Hindalco, while Nuvama initiated coverage on Inox Wind and Suzlon Energy with buy ratings, respectively. Goldman Sachs has given LIC a neutral rating following its Q4 results.
Adani effect! Paytm shares jump 5% on deal talks between Vijay Shekhar Sharma and Gautam Adani (29-05-2024)
Shares of Paytm surged 5% as Gautam Adani considers investing in the company. Paytm founder met Adani to discuss a potential deal. Adani is also seeking investments from West Asian funds for Paytm, facing challenges after RBI restrictions.
Whether there is a 10% correction or a 30% crash, market to bounce back in 8-10 months: Rajat Sharma (29-05-2024)
Rajat Sharma, Founder & CEO of Sana Securities, discusses the market valuations, particularly on the Nifty, currently at 21.9. He believes India is a bright spot even in a potential market correction or crash. Sharma says that post election results, on 10th or 12th July we will have the Union Budget and post that, there would be some correction.
Buy Exide Industries, target price Rs 585: Axis Securities (29-05-2024)
Exide Industries Ltd. key Products/Revenue Segments include Batteries (Storage), Export Incentives, Other Operating Revenue and Scrap for the year ending 31-Mar-2023.
Sensex falls 500 pts amid weak global market mood ahead of US inflation data; Nifty below 22,750 (29-05-2024)
Reflecting the global market downturn, Indian key indices continued their downward trend for the fourth consecutive session on Wednesday. HDFC Bank, M&M, ICICI Bank, L&T, Reliance, and Axis Bank led the decline among Sensex stocks. Nifty Financial Services slid 0.6%, while Nifty Auto fell by 0.8%.