The 30-share BSE Sensex closed down 1272.07 points at 84299.78
Posts in category Economic Times
Stock market update: Nifty Pharma index falls 1.01% (30-09-2024)
The Nifty Pharma index closed 1.01 per cent down at 23281.2.
Gainers & Losers: Reliance Industries, Tata Motors among 12 stocks in limelight on Monday (30-09-2024)
Indian benchmark equity indices fell sharply on Monday, with the Sensex dropping nearly 1,300 points and the Nifty slipping near the 25,800 mark, amid mixed cues from regional markets.
Sensex falls! These stocks fell 5% or more in Monday’s session (30-09-2024)
In the Nifty pack, 12 stocks closed in the green, while 38 stocks ended in the red.
These 5 Nifty stocks have consistently high PAT margins (30-09-2024)
This demonstrates strong operational efficiency and financial stability, making these companies appealing to investors and enhancing market confidence.
Trading in F&O could be a negative-sum game despite profits. Here’s why (30-09-2024)
Trading derivatives can be a risky endeavor due to high fees and taxes that can significantly reduce profits or increase losses. These costs are shared by both parties involved in the trade.
Indian Oil withdraws Rs 22,000 crore rights issue as govt will not participate (30-09-2024)
IoC’s filing to the stock exchanges stated that this was a continuation of their earlier intimation from July 7, 2023. In that earlier intimation, they had informed that the Board had granted approval for raising capital by issuing equity shares on a rights basis. The amount would not exceed Rs 22,000 crore, pending the receipt of necessary statutory approvals.
HCL Tech, Persistent Systems among Motilal Oswal’s top 4 tech picks with 22% upside potential (30-09-2024)
Stating that the near-term performance in the IT sector may disappoint the investors against their elevated expectations, domestic brokerage firm Motilal Oswal named HCL Technologies, LTIMindtree, Persistent Systems and Coforge as its top picks in the sector.
HSBC initiates coverage on Varun Beverages with ‘Buy’ rating, sees 28% upside (30-09-2024)
HSBC predicts that Varun Beverages will not only become the largest PepsiCo bottler ever, but also the most disruptive, as competition heats up in the Indian beverage market.
Nifty’s October returns positive on 8 out of 10 years; DIIs shine while seasonality adverse for FIIs (30-09-2024)
Nifty’s October performance over the past decade has been largely positive, with the index closing higher on eight occasions. Domestic institutional investors have been net buyers, while foreign institutional investors have often sold. Sectoral indices like Bank Nifty and Nifty Auto also showed strong gains during this period.