In the Nifty 50 index, 43 stocks were trading in the green, while 7 stocks were trading in the red.
Posts in category Economic Times
C2C Advanced Systems IPO opens today: GMP, Price Band, Subscription, Key Dates (22-11-2024)
C2C Advanced Systems’ IPO was fully subscribed within an hour of opening, driven by strong retail investor interest. The company aims to raise Rs 99.07 crore through the IPO, with the price band set at Rs 214-226 per share. Listing is expected on the NSE Emerge platform on November 29.
Share market update: Most active stocks on D-Street today in terms of volume (22-11-2024)
The NSE Nifty index was trading 205.85 points up at 23555.75
JPMorgan slashes RIL target price to Rs 1,468 amid sluggish retail growth (22-11-2024)
JPMorgan lowered Reliance Industries’ target price to Rs 1,468, citing weak retail growth and refining margins. Despite challenges, RIL’s solar panel manufacturing plans offer potential upside. Shares are trading at Rs 1,232.65.
Stock market update: Nifty Auto index 0.26% in an upbeat market (22-11-2024)
The Nifty Auto index was trading 0.26 per cent at 23206.40.
Info Edge shares climb 6% after Goldman Sachs upgrades stock to Buy (22-11-2024)
Info Edge, the company behind Naukri, saw its shares rise by almost 6% after Goldman Sachs upgraded its rating. The brokerage firm now recommends buying Info Edge shares and has set a new target price. Goldman Sachs predicts strong growth for Info Edge’s recruitment business. This positive outlook is based on the improving conditions in India’s IT sector.
Share price of Canara Bank as Nifty (22-11-2024)
A total of 609,899 shares changed hands on the counter till 10:26AM (IST).
S&P lowers outlook on three Adani units after US indictment of founder (22-11-2024)
S&P Global Ratings has downgraded the outlook for three Adani Group entities to negative following a U.S. indictment of founder Gautam Adani on bribery charges. The ratings agency cited concerns about potential funding risks and impaired investor confidence due to the allegations, which Adani Group denies.
Share price of PNB as Nifty (22-11-2024)
A total of 928,931 shares changed hands on the counter till 10:22AM (IST).
ACC, Adani Enterprises among 6 Adani Group stocks where FIIs cut stakes in CY2024 (22-11-2024)
Foreign Institutional Investors (FIIs) have been reducing their holdings in several Adani Group stocks over the past three quarters, while increasing stakes in others. This comes amidst allegations of bribery and fraud against Adani Group Chairman Gautam Adani by the US Securities and Exchange Commission, leading to a significant drop in the company’s market value.