Additionally, China’s economic stimulus boosted global investor confidence, particularly in Asian markets. Metals and commodity stocks saw strong gains, while IT and export stocks rallied on hopes of a recovery in discretionary spending.
Posts in category Economic Times
FPIs buy Indian equities worth Rs 57,359 crore in September so far. 2024 tally crosses Rs 1 lakh crore mark (28-09-2024)
In August, FPIs bought domestic shares worth Rs 7,322 crore which was down month-on-month from July when the total purchase stood at Rs 32,359 crore.
Block deals worth over Rs 14,602 crore this week. RIL, Trent, Paytm, SBI among stocks with major action (28-09-2024)
In the large cap segment, 15 companies witnessed significant block deals on the screen which were worth Rs 5,448 crore led by Reliance Industries (RIL) with four block counts totalling to Rs 1,202 crore. The next in line were Tata Group’s Trent (939 crore), Jindal Steel (Rs 483 crore), State Bank of India (SBI, 396 crore), Bharti Airtel (Rs 321 crore), SRF (Rs 290 crore) and Infosys (Rs 230 crore).
Navigating the waves: Emerging themes in the Indian stock market (28-09-2024)
In recent years, digital transformation has become central to business strategies across various sectors in India.
Automated Trading: How to use technology to trade smarter, not harder (28-09-2024)
The concept of an automated trading system was introduced in 1949 by Richard Donchian who formulated a set of rules to purchase or dispose of funds – autonomously executed trades were based on the completion of specific conditions in the market.
China’s challenge: Avoiding Japan’s generational gamble (28-09-2024)
The PBOC will also reduce mortgage rates by 50bp, lower the down payment ratio for second homes, and explore options for banks to purchase land from developers. Additionally, an RMB 500bn liquidity program for non-bank financial institutions and a re-lending initiative for share buybacks were announced.
IPO Calendar: 3 new issues, 12 listings to keep primary market busy next week (28-09-2024)
The next few months are going to be exciting for investors with some big companies likely to hit the public markets. These include, Hyundai Motor, Swiggy, Waaree Energies, NTPC Green, NSE among others.
UBS initiates coverage on 6 pharma stocks. Sun Pharma, Cipla among top buys (28-09-2024)
The report points to weakening trends in both India and the US, with underappreciated growth slowdowns in these markets. UBS has provided a mixed outlook, issuing both ‘Buy’ and ‘Sell’ ratings on a range of pharmaceutical stocks.
These 8 smallcap stocks rally 15-35% during the week (28-09-2024)
However, 8 smallcap stocks achieved significant weekly price increases between 15% and 37%
Vinit Bolinjkar on his top 2 bets in auto, power next week (28-09-2024)
Vinit Bolinjkar of Ventura Securities highlights Maruti and Adani Green as top picks. Maruti aims to establish 25,000 charging points by FY25. Adani Green is also promising with upcoming IPOs. Banking, IT, and metal sectors are expected to continue performing well, although some profit-taking may occur in the coming weeks.