Bandhan Bank shares jumped 9.74 per cent at Rs 184.40 per share on the BSE in Monday’s intraday deals
’50 bps cut in interest rate likely by March 2025′ (28-10-2024)
‘Investors can consider staying invested in long duration products as there is a possibility of rate cuts in the near term.’ Positive macros – lower inflation, high forex reserves and favourable demand-supply dynamics for government bonds – make a strong case for rate cuts from December, says Devang Shah, head of fixed income, Axis Mutual Fund. In an interview with Abhishek Kumar in Mumbai, Shah says this view may not hold true if commodity prices go up sharply.
Share price of Tube Investments as Sensex gains 834.76 points (28-10-2024)
A total of 1,389 shares changed hands on the counter till 11:39AM (IST)
IDFC First slumps 10% after posting a 72% slip in its net profit in Q2FY25 (28-10-2024)
IDFC First Bank’s consolidated profit slipped 71.6 per cent to Rs 211.94 crore from Rs 746.85 crore a year ago
Afcons Infrastructure IPO lags with 18% subscription on Day 2 so far. GMP drops to 4%. Check details (28-10-2024)
Afcons Infrastructure’s IPO was only 18% subscribed on day two. Analysts recommend long-term investment, citing a strong business model despite challenges like low profit margins and government dependency.
Sensex jumps 814 pts; Nifty climbs above 24,400 (28-10-2024)
At 11:30 IST, the barometer index, the S&P BSE Sensex jumped 814.27 points or 1.03% to 80,216.56. The Nifty 50 index added 225.45 points or 0.93% to 24,406.25.
Share price of Shree Cements as Nifty (28-10-2024)
A total of 150 shares changed hands on the counter till 11:33AM (IST).