The Nifty Pharma index closed 0.36 per cent down at 23094.7.
Posts in category Economic Times
HSBC initiates coverage on Bajaj Housing with a ‘reduce’ rating, predicts 27% downside (04-10-2024)
HSBC initiated coverage on Bajaj Housing Finance with a ‘reduce’ rating, targeting Rs 110, citing earnings slowdown and concerns over high valuations compared to peers.
Gainers & Losers: BSE, Mamaearth among 6 stocks in action on Friday (04-10-2024)
Sensex and Nifty fell for the fifth day, driven down by auto, banking, and financial stocks amid rising geopolitical tensions.
Sensex falls! These stocks fell 5% or more in Friday’s session (04-10-2024)
In the Nifty pack, 10 stocks closed in the green, while 40 stocks ended in the red.
Stock market update: Nifty Bank index falls 0.74% (04-10-2024)
The Nifty Bank index closed 0.74 per cent down at 51462.05.
Rupee logs worst week since May, hurt by equity outflows, Middle East risk (04-10-2024)
The Indian rupee remained nearly stable at 83.9725 against the U.S. dollar, ending a week of significant equity outflows and rising crude oil prices fueled by Middle East tensions.
IDFC First Bank Q2 update: Loans rise 21% YoY to Rs 2.22 lakh crore; deposits up 32% (04-10-2024)
Meanwhile, CASA deposits increased by 37.6% on a YoY basis to Rs 1,09,345 crore. The CASA ratio stood at 48.9% as of September 2024, as compared to 46.4% as of September 2023.
Federal Bank, Coforge among 5 stocks with short covering (04-10-2024)
Short covering occurs when traders buy back shares they previously sold short, often prompted by new information or a shift in market sentiment.
Nestle, Can Fin Home among 5 stocks with long unwinding (04-10-2024)
Long unwinding is the selling of stocks held for a longer period to book profits or exit in anticipation of a market downturn.
Info Edge, Lloyds Metals among 5 small & midcap stocks that hit 52-week highs on Friday (04-10-2024)
During Friday’s session, five small and midcap stocks from the Nifty 500 index hit new 52-week highs.