The upward momentum was bolstered by positive global signals. Oil prices dropped around 3% in early trading after reports that Israeli Prime Minister Benjamin Netanyahu informed the U.S. of Israel’s willingness to target Iranian military installations, easing concerns about supply disruptions. This decline in oil prices is seen as a relief for inflationary pressures.
Posts in category Economic Times
European shares climb to two-week highs; oil stocks slump (15-10-2024)
European shares scaled a fresh two-week high on Tuesday, while investors monitored the ongoing corporate earnings season and awaited further economic cues from the central bank’s interest rate decision due later this week.
Can Hyundai outpace Maruti in the long run? Shashank Kanodia answers (15-10-2024)
Secondly, these guys have largely driven the SUV drive in India. So, as a percentage of sales domestically, 60% of sales in the SUV segment, but for Hyundai Motors India, it has been roughly 63%. They consistently have doing 20% of exports vis-à-vis the rest of the counterparts and largely in terms of margins.
Bandhan Bank shares drop 2.9% as Sensex falls (15-10-2024)
A total of 561,214 shares changed hands on the counter till 02:08PM (IST)
Is Sebi’s new asset class a game-changer for Indian investors? (15-10-2024)
Sebi’s new asset class caters to investors with ₹10-50 lakhs, offering complex strategies like long-short equity and inverse ETFs previously limited to wealthier individuals. It aims to fill the gap between mutual funds and high-entry barrier investment options, promising better risk-adjusted returns but also carries higher costs and performance uncertainty.
Ashok Leyland shares down 1.39% as Sensex falls (15-10-2024)
A total of 226,654 shares changed hands on the counter till 02:03PM (IST)
Bajaj Holdings shares up 0.65% as Nifty drops (15-10-2024)
A total of 486 shares changed hands on the counter till 01:58PM (IST).
United Spirits shares up 0.33% as Nifty falls (15-10-2024)
The stock quoted a 52-week high price of Rs 1648.4 and low of Rs 993.65.
Should investors bet on ICICI Bank stock? Vinay Rajani answers (15-10-2024)
I would suggest that one should stay away from the trading as far as auto sector is concerned. There are opportunities in the other sectors and that needs to be tracked. But as of now, we see auto index is likely to remain in the consolidation.