The rupee fell by 11 paise to 83.69 against the US dollar in early trade on Thursday, influenced by a stronger dollar and rising crude oil prices. Foreign Institutional Investors (FIIs) turning net sellers added pressure. The Sensex and Nifty reached record highs, while the dollar index and Brent crude saw marginal increases.
Posts in category Economic Times
Trent among 7 stocks on which brokerages initiated coverage can rally up to 27% (26-09-2024)
Citi has initiated coverage on Trent with a “Buy” rating and set a target price of Rs 9,250 for the stock, indicating an upside potential of 22% from current prices.
Sensex up 850 times in 45 years! Will it hit the 1,00,000 milestone in FY25? (26-09-2024)
Sensex has grown 850 times in 45 years, with an average CAGR of 16%. Now nearing the 1 lakh mark, it may achieve this milestone by FY25. Experts believe strong liquidity and FII flows could drive this growth, though risks from declining inflows exist.
Sahasra Electronics Solutions IPO opens. Check GMP, price band & other details (26-09-2024)
The Sahasra Electronics Solutions IPO features a mix of fresh equity issuance and an offer for sale (OFS), with 65.78 lakh shares being newly issued and 5 lakh shares offered for sale. This is a 100% book-building issue, and the price band has been set at Rs 269-283 per share. Investors can bid for 400 shares in a single lot.
Sensex rises above 85,300 for the first time, Nifty hits fresh peak; IT, bank stocks shine (26-09-2024)
Sensex and Nifty opened at record highs for the sixth session, fueled by IT and auto stock gains and optimism over foreign inflows.
Saregama India and 3 other stocks closed above VWAP (26-09-2024)
On September 25, the closing prices of four stocks from the Nifty500 pack rallied over 1.5% relative to the VWAP, and a shift above the VWAP suggests a potential bullish trend.
Swiggy shares selling like hot cakes in unlisted market as IPO buzz fuels 40% surge (26-09-2024)
Swiggy’s IPO has received approval from Sebi, leading to a surge in its unlisted market shares. The company’s stock price rose by nearly 40% in two months, driven by impressive growth and reduced net losses. Swiggy plans to raise around Rs 11,000 crore through the IPO, expected in November.
Neutral on NOCIL, target price Rs 305: Motilal Oswal (26-09-2024)
NOCIL Ltd., incorporated in the year 1961, is a Small Cap company (having a market cap of Rs 4703.58 Crore) operating in Chemicals sector.
At multi-year highs: These 11 stocks witness 5-year swing high breakout (26-09-2024)
In the NSE list of stocks with a market cap of over Rs 10,000 crore, we have collated a list of five stocks that witnessed a 5-year swing high at the close on September 25.
Buy Computer Age Management Services, target price Rs 5100: Motilal Oswal (26-09-2024)
Computer Age Management Services Ltd., incorporated in the year 1988, is a Small Cap company (having a market cap of Rs 21759.94 Crore) operating in Financial Services sector.