Posts in category Economic Times
Quest Labs stock debuts with 60% premium on NSE SME platform (23-05-2024)
Quest Laboratories made its debut on the NSE SME platform on Thursday, starting with a 60% premium. The stock opened at Rs 155, surpassing its issue price of Rs 97. Before its listing, the company's shares were trading at a premium of Rs 80 in the unlisted market.
Stock market update: FMCG stocks down as market rises (23-05-2024)
The 30-share BSE Sensex was up 251.07 points at 74472.13
$5 trillion not enough! PM Modi says both stock market and BJP will hit record high on June 4 (23-05-2024)
Despite the pre-election rally that has propelled the stock market to a historic market capitalization of $5 trillion, Prime Minister Narendra Modi has expressed confidence that both the BJP and the stock market will achieve fresh record highs on June 4, coinciding with the announcement of Lok Sabha election results.
Gold Price Today: Yellow metal opens at Rs 72,575/10 grams; silver drops 2% at Rs 91,415/kg (23-05-2024)
Supported by hawkish Federal Reserve remarks, gold prices for June futures contracts on MCX opened unchanged at Rs 72,575 per 10 grams, marking a decrease of Rs 471 or 0.64%. Gold stabilized following its largest decline of the month, influenced by Federal Reserve comments indicating a prolonged period of higher US interest rates to counter inflation.
Stock market update: Nifty Realty index advances 0.44% in an upbeat market (23-05-2024)
The Nifty Realty index was trading 0.44 per cent up at 1023.35.
Hot Stocks: Brokerages on Jubilant FoodWorks, Sun Pharma, Nykaa; Motilal upgrades HDFC Life (23-05-2024)
Top brokerages issue ratings and targets for key stocks: Motilal Oswal upgrades HDFC Life to buy; Jefferies reaffirms buy for Sun Pharma; UBS stays neutral on Nykaa; Jefferies advises hold on Jubilant FoodWorks. Analysts anticipate growth trajectories and address performance factors.
Stock market update: Power stocks up as market rises (23-05-2024)
The 30-share BSE Sensex was up 219.03 points at 74440.09
If you can find growth at some value, that is where nirvana is for an investor: Sonam Udasi (23-05-2024)
Sonam Udasi, Senior Fund Manager at Tata Mutual Fund, discusses the fund's sector exposure, highlighting an overweight position in consumer services and underweight in consumer staples. He emphasizes the fund's adaptability to changing consumption patterns over the next 5-10 years. Udasi says: "I believe every equity investor, whatever theme they are investing in, they are looking for growth. If you can find growth at some value, that is where nirvana is as an investor."
Virat Kohli-backed Go Digit debuts at 5% premium over IPO price (23-05-2024)
Go Digit's shares listed on NSE and BSE at a premium. The stock debuted at Rs 286 on NSE and Rs 281.1 on BSE, with strong interest from buyers.