BSE 500 gained 0.30% last week, with 16 stocks giving double-digit returns and 229 others gaining single digits. CG Power and Industrial Solutions was the top gainer with 19%, followed by Triveni Turbine (18%) and Sudarshan Chemical Industries (16%). 61 stocks gained less than 1%.
Posts in category Economic Times
Dussehra Picks: HDFC Bank, Paytm among 7 techno-funda stocks from StoxBox (12-10-2024)
StoxBox has recommended seven stocks with potential returns of up to 12% across information technology, banking, and auto sectors, as India celebrates Vijaya Dashmi (Dussehra).
Hyundai IPO: Be mindful of these 7 risks ahead of issue opening on Tuesday (12-10-2024)
Hyundai Motor India’s IPO opens on October 15, priced at Rs 1,865-1,960 per share. Key risks include potential conflicts of interest with Kia Corporation and dependence on Hyundai Motor Company for operations.
When Ratan Tata made a special personal request to Sebi chief during TCS IPO (12-10-2024)
In July 2004, during the launch of TCS’s IPO, Mr. Tata, despite heavy rains, personally visited SEBI’s chairman to express gratitude for support and to honor TCS’s first CEO, Mr. F C Kohli. His actions reflect his values of humility and recognition of contributions.
Nifty earnings to grow marginally by 2% YoY in Q2; Infosys, Mankind Pharma top buys (12-10-2024)
Indian equities have surged in recent years driven by strong macro environment, corporate earnings, and domestic equity inflows. However, geopolitical tensions, softening corporate earnings, and commodity pressures are creating short-term turbulence. Despite these challenges, India’s medium-term growth narrative remains strong.
Hi-Tech Pipes raises Rs 500 cr via QIP (12-10-2024)
Hi-Tech Pipes, a steel pipes manufacturer, successfully raised over Rs 500 crore through a Qualified Institutional Placement (QIP) that closed on October 11. The QIP was oversubscribed, receiving bids of over Rs 800 crore from both domestic and global institutional investors, including Motilal Oswal Fund and SBI General Insurance.
How the US elections will shape the future of crypto (12-10-2024)
US Senator Cynthia Lummis proposes creating a national Bitcoin reserve to secure the country’s financial future, comparing it to the Louisiana Purchase. The crypto industry has donated a record $119 million to political campaigns this cycle, backing candidates across party lines. This approach reflects the broader importance of crypto as an economic force and a potential driver of technological growth.
These 6 smallcap stocks witnessed a rise in prices with volumes in last 3 days (12-10-2024)
ETMarkets’ analysis of BSE smallcap stocks reveals that over the last three sessions (October 9-11), six stocks have consistently risen in price, trading volume, and delivery volume, signaling increased investor interest.
China’s stimulus and Fed rate cut lift base metals, but short-term outlook remains lackluster (12-10-2024)
Base metals gained momentum due to China’s stimulus and US rate cut, but geopolitical tensions and US dollar recovery limited gains. Copper and aluminum were volatile due to supply worries and weak Chinese demand.
A beginner’s guide to factor investing: Tailor portfolios with low-cost funds (12-10-2024)
Factor investing targets specific factors to generate returns. Factor funds in India are low-cost index funds or ETFs. By focusing on factors like quality, value, size, momentum, and low volatility, investors can tailor portfolios to their goals. Factor investing aims to capture specific drivers of returns which have historically outperformed the market.