Posts in category Economic Times
Crompton Greaves shares up 2.92% as Nifty gains (02-05-2024)
The stock quoted a 52-week high price of Rs 331.35 and low of Rs 252.1.
REC, Federal Bank among 5 stocks with long buildup (02-05-2024)
A long buildup occurs when there is an increase in open interest and trading volumes alongside a rise in the price of the underlying stock in the Futures and Options segment, indicating a bullish trend in the market.
Stock market update: Mining stocks up as market rises (02-05-2024)
The 30-share BSE Sensex was up 213.79 points at 74696.57
Kotak Mahindra Bank shares fall 4% to fresh 52-week low on another bad news (02-05-2024)
Kotak Mahindra Bank's shares plummeted 4%, hitting a new 52-week low of Rs 1,561 following Joint MD KVS Manian's resignation. Nuvama downgraded the stock from buy to reduce. Earlier, RBI restrictions caused a 10% decline last week.
We might divest steel business only if we get a very good offer:Anil Agarwal (02-05-2024)
Anil Agarwal of Vedanta Group plans to increase Nand Ghars to 25,000, emphasizing import substitution and minimal debt. Considers divesting steel business but sees potential for expansion as the lowest cost producer, open to offers. He also says that while the total debt is $12 billion, each company will cost $15-20 billion to set up and take 10 years. So, there is hardly any debt.
Federal Bank shares gain 4.24% as Sensex rises (02-05-2024)
A total of 1,085,398 shares changed hands on the counter till 09:59AM (IST)
Hot Stocks: Brokerage view on BSE, IOC, Sona BLW, REC and Newgen Software (02-05-2024)
Jefferies issued a "buy" rating for Newgen Software, while CLSA continued to uphold a "buy" rating for REC. BSE received a "hold" rating from CLSA. BofA Securities advised an "underperform" rating for Sona BLW, and Investec downgraded IOC.
F&O Ban List: Biocon, Vodafone under trade ban on Thursday (02-05-2024)
F&O trade ban on Thursday with OI limits. Biocon and Vodafone Idea were affected. Index traders avoid security bans. Biocon at MWPL 97.5% and OI 60.5M. Vodafone Idea at MWPL 103.1% and OI 3.6B.
Sensex rises 150 points after Fed decides to hold rates; Nifty above 22,650 (02-05-2024)
Indian markets surged post U.S. Fed's rate hold. Oil price drop, robust auto sales, and Nifty50 rise lifted sentiment. BSE Sensex gained 171 points, led by HDFC Bank and Reliance, while Kotak Mahindra and Bharti Airtel dragged.
Neutral on InterGlobe Aviation, target price Rs 4065: Motilal Oswal (02-05-2024)
InterGlobe Aviation Ltd., incorporated in the year 2004, is a Large Cap company (having a market cap of Rs 153685.13 Crore) operating in Airlines sector.