IDFC First Bank will increase its weight in the Bank Nifty index after merging with IDFC Ltd on October 10, attracting $39 million in passive funds amid adjustments affecting other banks.
Posts in category Economic Times
Canara Bank shares drop 0.47% as Sensex rises (09-10-2024)
A total of 592,184 shares changed hands on the counter till 01:49PM (IST)
Worst of selling over; expect market uptrend to resume: Rohit Srivastava (09-10-2024)
I think the worst of the selling is over, shakeout is over and the uptrend should possibly resume and continue from here in the coming weeks into Diwali.
Colgate-Palmolive shares drop 0.18% as Sensex rises (09-10-2024)
The stock quoted a 52-week high of Rs 3893.0 and a 52-week low of Rs 1969.4.
ACC shares down 1.53% as Nifty gains (09-10-2024)
A total of 3,503 shares changed hands on the counter till 01:38PM (IST).
Rate cut unlikely before early next year; wait for GDP Data for further clarity: Ashwini Kumar Tewari (09-10-2024)
So, hopefully all these factors will continue to remain under control and as we trend downwards towards 4% and as the other central banks have already cut rates, I think we are looking at a situation where the inflation should be under closer to 4% and leading to conditions for a rate cut.
Voltas shares down 0.79% as Nifty gains (09-10-2024)
A total of 12,428 shares changed hands on the counter till 01:33PM (IST).
Marico shares up 0.08% as Nifty gains (09-10-2024)
A total of 216,692 shares changed hands on the counter till time (IST).
RBI Monetary Policy Meeting: Will the central bank cut rates in December or February? (09-10-2024)
Inflation remains a key factor influencing future rate cuts. Most economists expect a cut in December, while some predict it may come in February 2025.