A surge in Chinese stocks, boosted by government stimulus, is prompting global investors to reallocate funds from Japan and Southeast Asia back to China. Valuations remain attractive, with the MSCI China Index trading below its five-year average, signaling potential for further gains.
Posts in category Economic Times
Garuda Construction and Engineering IPO to open on Oct 8; sets price band Rs 92-95/ share (03-10-2024)
Garuda Construction and Engineering Ltd has announced a price band of Rs 92-95 per share for its Rs 264-crore IPO. The IPO will open for subscription on October 8 and close on October 10. Major proceeds will be used for working capital and corporate purposes. The company is engaged in various construction projects with a significant order book.
RVNL, Suzlon Energy may get largecap status next year (03-10-2024)
AMFI may grant RVNL and Suzlon Energy large-cap status in February 2025, according to early predictions by Nuvama Alternative Research. These two stocks, currently classified as mid-cap based on a threshold of Rs 27,500 crore, are expected to enter the large-cap category, which will have a cut-off of Rs 1 lakh crore based on current average market-cap levels.
Look out for buying opportunities whenever there is sharp correction: Hemang Jani (03-10-2024)
I think it is healthy that after seeing a very significant up move in the last one year, if they go through a bit of a pause, we should not complain about it and you will find some good opportunities wherever you see meaningful correction in the broader market as well.
Havells India shares drop 0.01% as Sensex falls (03-10-2024)
A total of 9,888 shares changed hands on the counter till 12:22PM (IST)
Share price of Siemens falls as Sensex drops 1316.69 points (03-10-2024)
A total of 12,000 shares changed hands on the counter till 12:17PM (IST)
Mphasis shares drop 2.69% as Sensex falls (03-10-2024)
A total of 4,704 shares changed hands on the counter till 12:11PM (IST)
Investec upgrades Godrej Properties stock to ‘Buy’, forecasts 33% upside (03-10-2024)
Investec upgraded Godrej Properties to ‘Buy’ with a target price of Rs 4,200, highlighting strong growth, diversification, and brand recognition supporting sustainable sales performance.
Info Edge shares fall 1.14 per cent in Thursday’s trading session (03-10-2024)
The Relative Strength Index of the stock stood at 60.78 on Thursday.
Bajaj Finserv shares down 2.19% as Nifty drops (03-10-2024)
Bajaj Finserv share price today: Bajaj Finserv stock opened at Rs 1961 and touched an intraday high and low of Rs 1970.75 and Rs 1927.25, respectively, in the session so far. Bajaj Finserv quoted a 52-week high of Rs 2029.90 and a 52-week low of Rs 1419.05. The closing price of the stock on the previous day was Rs 1975.25. A total of 488,428 shares changed hands on the counter till 11:46AM (IST).