Geopolitical tensions between the US and China are pushing contract manufacturing business to India. Madhusudan Kela believes that the Contract Development & Manufacturing Organization (CDMO) sector could grow five-fold in the next decade. He emphasizes the importance of flexibility and having an open mind in investment strategies, highlighting the significance of climate change and remembering influential market figures.
These 4 stocks close crossing below VWAP on October 25 (28-10-2024)
When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which it was traded throughout the day, with the average being weighted by trading volume
ICICI Bank shares in focus on 14% YoY jump in Q2 net profit (28-10-2024)
ICICI Bank reported a 14.5% rise in standalone net profit to Rs 11,746 crore for the September quarter. Net interest income increased by 9.5% year-on-year, and the domestic loan portfolio grew by 15.7%. The bank’s total capital adequacy ratio stands at 16.66%, while non-interest income grew by 10.8%.
Negative Breakout: Six stocks cross below their 200 DMAs (28-10-2024)
The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock.
Markets set for positive start amid mixed global trends (28-10-2024)
Analysts remain pessimistic amidst slew of negative cues and advise “Sell on Rise”
Infosys’ Rs 21 interim dividend record date tomorrow. Last chance to buy (28-10-2024)
Infosys announced an interim dividend of Rs 21 per share, with October 29 as the record date. The payout date is set for November 8. Infosys reported a 5% rise in Q2 net profit to Rs 6,506 crore and revised its FY25 revenue guidance to 3.75%–4.5%.
Jigar S Patel of Anand Rathi recommends buying these stocks on October 28 (28-10-2024)
In the past two months, Grasim has consistently encountered resistance around the 2,800 level, indicating that it struggles to break past this mark
Stocks that will see action today: October 28, 2024 (28-10-2024)
Buzzing stocks: ITD Cementation, Adani Enterprises, Piramal Pharma, Soha, Axis Bank, Max Financial, Thermax, L&T, KRN Heat Exchanger, Kings Infra, Godrej Properties, Sprayking, Bharti Airtel, Sun Pharma, Adani Power, Indian Oil, Ambuja Cements, Punjab National Bank, Suzlon Energy, BHEL, Indian Bank, JSW Infra Motilal Oswal, Tata Tech, BPCL, Oil India, DMart
Gold dips Rs 10 at Rs 80,280; silver down to Rs 100; trading at Rs 97,900 (28-10-2024)
In Delhi, the price of ten grams of 22-carat gold stood at Rs 73,740 and in Bengaluru, and Chennai, ten grams of 22-carat gold was trading at Rs 73,590