BSE Ltd.’s stock in India is set for its best weekly performance ever, driven by speculation of NSE’s potential IPO listing. Shares surged 9% on Friday, extending weekly gains to about 38%. If NSE lists publicly, it will drive up volumes and improve BSE’s market share.
Posts in category Economic Times
Bajaj Housing Finance shares snap 2-day losing streak, jump 5% (20-09-2024)
Bajaj Housing Finance shares reversed a two-day decline, rising 5% on the BSE to reach an intraday high of Rs 168, sparking renewed investor interest. The stock has gained 140% since its listing at an issue price of Rs 70 per share.
AK Purwar on how IIFL Finance navigated challenges of RBI Ban and planned for recovery (20-09-2024)
It is sometimes very disturbing. So, I used to feel very disturbed. But as a banker, if you ask me, I mean, my qualification is as a banker. So, as a banker, I used to feel very happy inside that we have very extremely professional regulator who would not let go a thing unless and until they have more than 200% satisfied themselves on whether the rectifications have been properly carried out, number one. Number two, whether those rectifications will sustain over a long period of time. And number three, that the organisation has learned its lessons.
InterGlobe shares decline 0.95% as Sensex climbs (20-09-2024)
A total of 20,316 shares changed hands on the counter till 01:59PM (IST)
Indian rupee strengthens above 83.50/USD for first time in over two months (20-09-2024)
The rupee was at 83.4850 against the U.S. dollar as of 12 noon IST, its strongest level since July 9. The currency was up 0.2% on the day and on course to post its best single day since May 2024.
Lupin stock price down 1.34 per cent as Sensex climbs (20-09-2024)
As of 30-Jun-2024, promoters held 46.7 per cent stake in the company, while FIIs held 19.32 per cent and domestic institutional investors had 16.23 per cent.
Share price of Cummins India jumps as Sensex gains 473.21 points (20-09-2024)
A total of 5,984 shares changed hands on the counter till 01:48PM (IST)
Share price of ACC falls as Sensex gains 477.89 points (20-09-2024)
A total of 11,843 shares changed hands on the counter till 01:43PM (IST)
Time to deploy ‘Buy the Dip’ strategy for big gains: Dharmesh Shah (20-09-2024)
So, going forward, we remain to be positive. Any dip towards 25,100 to 25,200 should be looked at as a buying opportunity for a target of 26,200. Coming to sectors, yes, banking, again, which was one of the most underperformer sector for a long time has been coming out of a long consolidation and we expect this breakout to eventually head towards 55,500.
Time to deploy ‘Buy the Dip’ strategy for big gains: Dharmesh Shah (20-09-2024)
So, going forward, we remain to be positive. Any dip towards 25,100 to 25,200 should be looked at as a buying opportunity for a target of 26,200. Coming to sectors, yes, banking, again, which was one of the most underperformer sector for a long time has been coming out of a long consolidation and we expect this breakout to eventually head towards 55,500.