Bank of India is quoting at Rs 107.55, up 4.79% on the day as on 12:49 IST on the NSE. The stock is up 12.21% in last one year as compared to a 28.12% jump in NIFTY and a 37.6% jump in the Nifty PSU Bank index.
Indian Bank spurts 2.19%, gains for third straight session (30-10-2024)
Indian Bank is quoting at Rs 593.7, up 2.19% on the day as on 12:49 IST on the NSE. The stock is up 41.34% in last one year as compared to a 28.12% spurt in NIFTY and a 37.6% spurt in the Nifty PSU Bank index.
KPIT – CASE (connected, autonomous, shared, electric) – Focused Automotive Play (30-10-2024)
Chinees Electric car makers are the threat to overall Industry globally
China supported their EV industry over decade by spending whooping 230.86 billion, hence they are able to produce Low cost, Quite good quality EV cars, now they are setting up factories all over the world to target the market from the vicinity.
USA came up with policy of 100% tarrif on Cinees EVs, as they are facing same challenges they faced way back from Japanees car makers.
Europea automotive industry facing
Higher energy cost (Sanction on Russia)
Higher wages
But their tarrif against Chinees EVs are not harsh as USA (17-38% untill now)
Industry experts saying : Its not short time blip, not some kind of cyclical challenge, Its a longer term structural transition, longer term structural compition against more players than past it really take hard work to survive.
Probably Europe will also need to come up with steep tariffs to safe guard and balnce the concerns of Economy, Environment, Industry. Consumer demands.
KPIT definitely will be benificiery in such acse
Steel Authority of India Ltd spurts 1.05%, gains for third straight session (30-10-2024)
Steel Authority of India Ltd is quoting at Rs 116.93, up 1.05% on the day as on 12:49 IST on the NSE. The stock is up 39.45% in last one year as compared to a 28.12% gain in NIFTY and a 45.71% gain in the Nifty Metal index.
Hindustan Zinc Ltd up for third straight session (30-10-2024)
Hindustan Zinc Ltd is quoting at Rs 557.5, up 1.34% on the day as on 12:49 IST on the NSE. The stock is up 88.63% in last one year as compared to a 28.12% spurt in NIFTY and a 45.71% spurt in the Nifty Metal index.
Natco Pharma Ltd up for third straight session (30-10-2024)
Natco Pharma Ltd is quoting at Rs 1388.25, up 3.51% on the day as on 12:49 IST on the NSE. The stock is up 73.46% in last one year as compared to a 28.12% spurt in NIFTY and a 53.37% spurt in the Nifty Pharma index.
Share price of Varun Beverages as Nifty (30-10-2024)
A total of 83,802 shares changed hands on the counter till 12:53PM (IST).
NSE hits 20 crore client accounts milestone (30-10-2024)
The National Stock Exchange of India (NSE) has achieved another significant milestone, surpassing 20 crore total client accounts in October 2024. This impressive growth of 3.1 crore accounts in just eight months underscores the increasing participation of Indian investors in the stock market.
Markets pare early losses; Adani Enterprises, auto stocks lead gains (30-10-2024)
Gains in the auto and consumer goods sectors, particularly by Adani Enterprises and Maruti Suzuki, helped offset losses in pharmaceuticals and banking stocks.
Interest rate on GOI Floating Rate Bond 2034 shall be 7.53% for next six months says RBI (30-10-2024)
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