Deven Choksey of DRChoksey FinServ remains optimistic about Tata Motors, citing growth in commercial vehicles, despite weak JLR sales. M&M shows strong booking trends with a promising delivery schedule. Concerns surround Ola Electric’s profitability and mounting complaints. Nykaa’s beauty segment exhibits robust growth, while the IT sector continues to show structural improvements.
Posts in category Economic Times
India bond yields fall; FTSE Russell index decision, cenbank meet in focus (08-10-2024)
Indian government bond yields fell early Tuesday amid investor optimism for possible inclusion in FTSE Russell’s emerging market debt index and anticipated RBI policy decisions. The 10-year bond yield dropped to 6.8263%, driven by renewed investor confidence and strong local bank purchases.
Shares of Adani Power rise as Nifty gains (08-10-2024)
On the technical charts, the 200-day moving average of the stock stood at Rs 627.35.
Stock market update: Nifty Bank index advances 1.05% in an upbeat market (08-10-2024)
The Nifty Bank index was trading 1.05 per cent up at 51010.8.
Bharat Forge shares up 1.58% as Nifty gains (08-10-2024)
The stock quoted a 52-week high price of Rs 1826.2 and low of Rs 1002.7.
Stock market update: Stocks that hit 52-week highs on NSE (08-10-2024)
Tainwala Chem, Niraj Ispat Ind., Power & Instrument, Diffusion Engineers and Ujaas Energy, hit their fresh 52-week highs at 10:59AM.
Jyoti Structures shares surge 10% after big shark Ashish Kacholia buys 2.52% stake (08-10-2024)
Shares of Jyoti Structures skyrocketed by 10% after investor Ashish Kacholia acquired a 2.52% stake. Showing notable growth, the stock has risen 91% over the past year. The company secured significant orders recently and reported a net profit of Rs 5 crore for the June 2024 quarter.
Share price of SRF rises as Nifty strengthens (08-10-2024)
A total of 690 shares changed hands on the counter till 10:55AM (IST).
DLF rises 1.11% as Sensex climbs (08-10-2024)
The stock traded at a P/E multiple of 72.55, while the price-to-book value ratio stood at 5.64.
Stock market update: Nifty Realty index falls 0.1% in an upbeat market (08-10-2024)
The Nifty Realty index was trading 0.1 per cent down at 1019.1.