At 11:30 IST, the barometer index, the S&P BSE Sensex, rose 327.89 points or 0.41% to 80,548.61. The Nifty 50 index gained 100.05 points or 0.41% to 24,572.15.
Stick to top quality stocks; best returns to come from these 4 sectors: Gautam Shah (23-10-2024)
Gautam Shah views the recent market fall as a buying opportunity. He advises focusing on largecaps and quality midcaps and smallcaps. He predicts the best returns in the next year from metals, IT, and pharma sectors. Shah believes the long-term market uptrend is intact, dismissing the idea of a major trend reversal.
Mahindra Finance shares dip 8% as Q2 results disappoint Street. What brokerages say? (23-10-2024)
Mahindra Finance shares fell 8% despite a 26% YoY profit growth to Rs 390 crore. Analysts remain cautiously optimistic, citing concerns over rural borrower stress and seasonal performance impacts.
Waaree Energies IPO subscribed 12 times so far on Day 3. Check GMP, other key details (23-10-2024)
Waaree Energies’ IPO has been subscribed 12.05 times on the last day, with strong demand from non-institutional and retail investors. The IPO price band is set at Rs 1,427-1,503 per share, and shares are expected to list on October 28. Funds will support expansion into India and the US.
InterGlobe stock price up 0.72 per cent as Sensex climbs (23-10-2024)
As of 30-Sep-2024, promoters held 35.75 per cent stake in the company, while FIIs held 25.39 per cent and domestic institutional investors had 14.29 per cent.
Dodla Dairy consolidated net profit rises 45.37% in the September 2024 quarter (23-10-2024)
Sales rise 29.94% to Rs 997.62 crore
Priyanka Gandhi files nomination to contest Wayanad by-poll (23-10-2024)
Priyanka Gandhi has filed her nomination for the Wayanad by-polls, marking her electoral debut. If elected, she will join her brother Rahul Gandhi and mother Sonia Gandhi in Parliament. The by-polls will take place on November 13, with results announced on November 23. This comes at a crucial time for the Congress party after a recent electoral defeat.
IIFL Securities stock zooms 8% as profit jumps 90% in Q2FY25 results (23-10-2024)
IIFL Securities shares jumped 8.33 per cent at Rs 404.90 a piece on the BSE in Wednesday intraday trade
Bharat Forge shares up 0.61% as Nifty gains (23-10-2024)
A total of 5,880 shares changed hands on the counter till 11:26AM (IST).