Garuda Construction and Engineering Ltd on Monday said it has raised Rs 75 crore from anchor investors, a day before its initial share-sale opening for public subscription.
Posts in category Economic Times
Market Trading Guide: IOC, AstraZeneca among 4 stock recommendations for Tuesday (07-10-2024)
ndian indices fell for the sixth consecutive session on Monday, pressured by Middle East tensions and concerns over corporate earnings. Nifty slipped below the 55-EMA, indicating a bearish trend. Analyst Rupak De sees a short-term volatile trend with a predominantly bearish outlook.
Ahead of Market: 10 things that will decide stock action on Tuesday (07-10-2024)
Indian indices extended their losing streak for the sixth consecutive session, dragged by corporate earnings concerns and Middle East tensions. Nifty fell 0.87% to 24,795, and Sensex dropped 0.78%. Analyst Rupak De sees a bearish trend, with support at 25,400. Jatin Gedia sees a short-term target of 24,500.
Likely RBI intervention keeps rupee steady above the 84/$1 mark (07-10-2024)
The Indian rupee traded almost flat on 7th October to end at 83.97 per US dollar even as the dollar index strengthened, as likely intervention from the Reserve Bank of India kept the local currency from crossing its psychologically significant 84/$1 mark, traders said.
HDFC Bank divests 100% stake in HDFC Edu for Rs 192 crore (07-10-2024)
India’s largest private sector lender HDFC Bank on Monday said that its board has approved 100% stake sale of subsidiary HDFC Education to Vama Sundari Investments in an all-cash deal amounting to Rs 192 crore. The sale price is Rs. 9.60 per share.
These 5 stocks hit 52-week highs, rallied up to 25% in a month (07-10-2024)
Sensex fell by 638 points on Monday, ending at 81,050. Despite this, five stocks in the BSE 500 index hit their 52-week highs. These highs indicate strong performance and potential for future growth.
US stocks open lower as changing rate expectations boost yields (07-10-2024)
Wall Street’s main indexes fell at the open on Monday, pressured by a rally in Treasury yields as investors dialed back bets on the scope of the Federal Reserve interest rate cuts this year.
Garuda Construction IPO: Investors need to wait for clear trend in financials (07-10-2024)
Garuda Construction and Engineering, which provides civil construction and related services for residential, commercial, and infrastructure projects, plans to raise Rs 174 crore through a fresh issue of equities to fund working capital requirements and Rs 90 crore through an offer for sale.
FIIs sell Indian equities worth Rs 8,293 crore on Monday (07-10-2024)
FIIs sold Indian equities worth Rs 8,293.41 crore on Monday, while DIIs were net buyers at Rs 13,245.12 crore. Indian indices fell for the sixth consecutive session, with Nifty Bank, Nifty Metal, Nifty Oil & Gas, and Nifty PSU Bank falling over 2%.